NYP – Billionaire hedgie Leon Cooperman told investors he is “embarrassed” about his hedge fund’s losses last year. But unfortunately, 2015 is looking even worse.
Cooperman’s Omega Advisors, which fell 2.13 percent in 2014, is continuing its losing streak this year. Omega earned the distinction of being one of the industry’s top 20 losers in January, falling 3.57 percent, according to HSBC’s much-watched ranking.