David Alan Tepper (born September 11, 1957) is an American hedge fund manager and the founder of Appaloosa Management. After his graduation from University of Pittsburg in 1978, Tepper joined Equibank as a credit analyst in the treasury department. He then went to pursue an MBA (then known as an MSIA) from the Tepper School of Business (then known as GSIA) of Carnegie Mellon University in 1982. After his MBA, Tepper accepted a position in the treasury department of Republic Steel in Ohio. In 1984, Tepper was recruited to Keystone Mutual Funds (now part of Evergreen Funds) in Boston, and in 1985, Tepper was recruited by Goldman Sachs, which was forming its high yield group. He left Goldman in December 1992 and started Appaloosa Management in early 1993.