Leon Cooperman
Leon Cooperman | |
|---|---|
| Born | April 25, 1943 New York City, U.S. |
| Education | Hunter College (BA) Columbia University (MBA) |
| Occupation(s) | Investor, hedge fund manager |
| Known for | Starting Goldman Sachs's asset management arm Founding and leading Omega Advisors |
| Spouse | Toby Cooperman |
| Children | 2 |
| Website | https://www.omegaadvisers.com |
Leon G. Cooperman (born April 25, 1943) is an American billionaire investor and hedge fund manager. He is the chairman and CEO of Omega Advisors, a New York-based investment advisory firm managing over $3.3 billion in assets under management, the majority consisting of his personal wealth.
In September 2016 the U.S. Securities and Exchange Commission charged Cooperman and Omega Advisors with insider trading, more specifically for "trading stocks, bonds and call options of Atlas Pipeline Partners in July 2010 on information he obtained from an executive at the company." Cooperman's firm agreed to a $4.9 million settlement with the SEC in May 2017 but admitted no wrong-doing. As part of the settlement, Cooperman and Omega agreed to be subject to a compliance monitor with access to their electronic communications and trading records and to submit monthly certifications that they had not engaged in insider trading until 2022.