Cooperman’s Omega Posts Strong Gains in Third Quarter

In its final client letter, the firm said it is looking for extended gains in the stock market over the next 12 to 15 months.

Leon Cooperman, CEO of Omega Advisors (Christopher Goodney/Bloomberg)

Leon Cooperman, CEO of Omega Advisors

(Christopher Goodney/Bloomberg)

Leon Cooperman’s flagship fund posted a big gain in the third quarter, one of the last that his hedge fund firm Omega Advisors will continue as a hedge fund firm before converting to a family office.

In its next-to-last three-month period, Omega Overseas Partners posted a 6.8

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