Assets at Leon Cooperman’s Omega Drop by $2.8 bn

The firm’s year-on-year asset decline is only partly explained by performance, suggesting the firm has suffered big redemptions.

leon-cooperman-anchor.jpg
leon-cooperman.jpg
Leon Cooperman, Omega Advisors (Bloomberg)

Here is yet another reminder that the hedge fund business can be very unforgiving.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related