Assets at Omega Advisors Plummet, but Leon Cooperman Vows to Carry On

The beleaguered manager — battling redemptions, falling returns and a Wells notice — has had better times but tells Alpha that no one should be planning for his firm’s demise.


Leon Cooperman is going through a tough time.

As of the end of April, assets under management at his firm, Omega Advisors, had shrunk to $5.2 billion. This is down 22 percent from $6.69 billion at the beginning of this year and down 45 percent from $9.5

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