LEON COOPERMAN
Omega Advisors, Inc.

Organization

Inception

1992

Assets
      Current
      Peak

$2.4 billion
$4.0 billion

Edge

Activist; research

Office Location

New York, New York

Number of People

41

Type of Organization

Centralized

His Role

Active portfolio investor

Investment Committee

Yes

Reward System

Performance of recommendations

Number of Investors

100–150

Type of Investor

40 percent tax-exempt
30 percent non-U.S.
30 percent high net worth

GP/Principals'
Ownership of Assets

12 percent

Endowments
(Source: 1999 NACUBO)

Clark University
Franklin and Marshall College
Rensselaer Polytechnic Institute

Methodology/
Portfolio Composition

Style

Value investor; activist investor

Number of Positions in Portfolio

90–100

Trades Taken

If he can get a $1 of value for 50 to 60 cents

Role of United States

100 percent

Role of Technology

Limited

Role of Private Equity

Limited

Role of Macro

5 percent

Allocates to Other Managers

Yes