Wayne Cooperman Biography
Wayne Cooperman is an American President at Cobalt Capital widely known as the son of Leon Cooperman, a prominent American billionaire investor and hedge fund manager. Leon Cooperman holds the positions of chairman and CEO at Omega Advisors, a New York-based investment advisory firm overseeing assets exceeding $3.3 billion, primarily comprising his personal wealth. In September 2016, the U.S. Securities and Exchange Commission (SEC) leveled insider trading charges against Cooperman and Omega Advisors. The allegations specifically pertained to “trading stocks, bonds, and call options of Atlas Pipeline Partners in July 2010 on information he obtained from an executive at the company.”
In response, Cooperman’s firm reached a settlement with the SEC in May 2017, agreeing to pay $4.9 million without admitting any wrongdoing. As part of this settlement, Cooperman and Omega consented to the oversight of a compliance monitor with access to their electronic communications and trading records. Additionally, they committed to providing monthly certifications assuring that they refrained from engaging in insider trading until 2022.
Wayne Cooperman Age
Wayne is around 59 years old as of 2023, he was born in the United States of America. His age, date of birth, and birthday are publicly not available. We will update this section once this information is available.
Quick facts about Wayne Cooperman are listed below:
- Full Name: Wayne Cooperman
- Gender: Male
- Age: around 59 years old
- Birth of Date: Not known
- Place Of Birth: United States of America
- Zodiac Sign: Not known
- Salary: Not known
- Net Worth: $1 million – $5 million dollars
- Marital Status: Married
- Wife: Jodi Cooperman
- Children: Two
- Mother’s Name: Toby Cooperman
- Father’s Name: Leon Cooperman
- Siblings: Michael Cooperman
- Profession: President at Cobalt Capital
Wayne Cooperman Height
Wayne stands at an average height of 5 feet 8 inches (1.73 m) tall.
Wayne Cooperman’s Parents and Brother
Wayne was born and raised in the United States, as the son of Toby Cooperman, a retired special education specialist with a lifelong commitment to aiding individuals with learning disabilities, and Leon Cooperman, a billionaire investor and hedge fund manager.
Wayne shares his upbringing with his brother, Michael Cooperman. Leon Cooperman serves as the chairman and CEO of Omega Advisors, a New York-based investment advisory firm overseeing assets exceeding $3.3 billion, primarily derived from his personal wealth.
In partnership with his wife, Toby, Leon is the proud father of two sons, Wayne and Michael, and the delighted grandfather of three. The Cooperman family has had a residence in the Short Hills neighborhood of Millburn, New Jersey, since the late 1970s, although Leon primarily resides in Boca Raton, Florida.
Notably, he holds an honorary doctorate in finance from Roger Williams University in Rhode Island. Leon Cooperman’s achievements have earned him recognition, including being named among the 50 Most Influential individuals by Bloomberg Markets magazine in 2012.
Forbes also acknowledged him as one of the 40 Highest-Earning hedge fund managers in 2013 and continued to include him among the top 25 in the subsequent year.
Wayne Cooperman Wife
Wayne is happily married to his wife, Jodi Cooperman. The couple is blessed with two daughters, one of whom is a graduate of Stanford University, while the other is currently a sophomore at Duke University.
Wayne Cooperman Net Worth
Wayne has an estimated net worth of between $1 million – $5 million dollars. This includes his assets, money, and income, which he accumulates from her successful career as a President at Cobalt Capital.
Wayne Cooperman Cobalt Capital Management
Wayne Cooperman, the son of hedge fund manager Leon Cooperman, entered the hedge fund industry at the age of 28 by co-founding Fusion Partners in 1994. Following the departure of the fund’s other partner in 1999, Cooperman undertook a rebranding effort, and the fund is now known as Cobalt Capital Management. Throughout its history, Cobalt has shown a tendency to have a higher allocation to the basic materials sector of the market.
Wayne Cooperman Contacts
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