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Omega Letter Analyzes Recent Poor Performance

Leon Cooperman’s hedge fund firm blames “embarrassing” results on the decline in oil prices.

       Leon Cooperman, Omega Advisors (Bloomberg) Leon Cooperman’s Omega Equity Investors, managed by New York-based Omega Advisors, is off to a disappointing start this year, dropping 3.6 percent in January. Although this is just one month in a volatile market environment, it comes on the heels of the New York hedge fund’s 4.2

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