Cooperman’s Omega Fund Converts to Family Office
September 12, 2018 at 06:00 AM EDT
In a recent letter to investors, hedge fund manager Leon Cooperman announced that he will convert his Omega Advisors (which oversees $3.8 billion) into a family office at the end of this year, according to a recent article in Bloomberg. The 75-year-old Cooperman explained that the decision was a...