Goldman Employees to Pull $300 Million From Omega Advisors

  • Follows insider trading charges against Omega’s Leon Cooperman
  • Bank retirement plan also liquidated fund managed by Och-Ziff

Goldman Employees Said to Pull $300M From Omega

Goldman Sachs Group Inc.’s retirement plan is pulling about $300 million from Leon Cooperman’s Omega Advisors Inc., marking the second time this year it’s cutting ties with a famous alum who ran afoul of U.S. authorities.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.