Omega Advisors, Inc. was founded in 1991 by Leon G. Cooperman, and is registered as an investment advisor with the U.S. Securities and Exchange Commission. After 25 years of service, Leon Cooperman retired in 1991 from his positions as general partner of Goldman, Sachs & Co. and as Chairman and Chief Executive Officer of Goldman Sachs Asset Management in order to organize Omega. For nine consecutive years while at Goldman Sachs, Lee was voted the number-one portfolio strategist in Institutional Investor Magazine’s “All-America Research Team” survey. In 1999, Steve Einhorn joined Lee at Omega as Vice Chairman. Steve, who spent most of his career at Goldman Sachs, most recently as partner-in-charge of Global Investment Research and co-chairman of the firm’s Investment Policy Committee, was a member of Institutional Investor’s “All-America Research Team” for 16 consecutive years.
Omega has approximately $4.9 billion under management (as of June 30, 2016). With a significant amount of personal general partner capital invested in the Omega funds, we (to quote Warren E. Buffett) eat our own cooking; our interests are very much aligned with that of our investors.