David Tepper is a legendary investor who specializes in distressed debt and manages one of the most successful hedge fund firms of all time. David Tepper was born in Pittsburgh, Pennsylvania on September 11, He graduated from the University of Pittsburgh in with a degree in Economics. David Tepper started his career as a credit and securities analyst with Equibank. He moved on teppwr work for Republic Steel as a financial analyst. Davie was at this juncture that Tepper got firsthand experience of the credit structure of a distressed company when the steel company ran into financial troubles. His experience with money management came with his next job, at Keystone Mutual Funds, working on the high yield desk.