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David Tepper reportedly scaling back hedge fund business to concentrate on Panthers ownership

Being able to purchase an NFL team is one of the ultimate signs of financial success in America, and now that Carolina Panthers owner David Tepper has realized that dream, he appears prepared to leave his old life as a hedge fund manager behind. According to reports, Tepper plans to return the capital base of his company Appaloosa management to it’s investors, and convert to a smaller family office.

JUST IN: David Tepper is converting hedge fund Appaloosa into a family office and returning outside capital to focus more on running the Carolina Panthers - DJ https://t.