Launches & Closures

Cooperman to launch UCITS fund


Leon Cooperman, the founder of New York-based Omega Advisors – a hedge fund firm with $5.8 billion assets under management – is launching a UCITS-compliant fund on the Deutsche Bank platform next month.

Hedge fund veteran: Leon Cooperman

The DB Platinum Omega fund will be managed by Cooperman, who is the chairman and chief executive of Omega. Cooperman runs Omega Overseas Partners, a fund with a long-biased equity long/short strategy investing mainly in US mid and large-caps.

He says: “We are excited to partner with Deutsche Bank, one of the largest and most reputable global banks, in