Industry News

Check out the latest news and insight from the ever-evolving world of institutional investing and hedge funds from around the globe.

Jing Chen has been eVestment’s hedge fund industry news reporter since 2011. To submit industry-related press releases or request feature ideas please contact her at

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Leon Cooperman Moves Omega to Midtown

Jul 25, 2013
Jing Chen

Leon Cooperman's Omega Advisors is moving to Midtown Manhattan.

Business Insider reported that Omega just signed a 7-year lease to occupy the entire 3rd floor of a Manhattan skyscraper.

While the article said that Omega's current Wall Street location had “extreme problems” following last year's Hurricane Sandy, Copperman told Business Insider that the reason for the move was that “the partners of the firm wanted to get uptown.”

Founded in 1991, Omega had approximately $8.3 billion under management as of June 30. 

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