Early life and career

Cooperman was born to a plumber who worked in the South Bronx. He attended Hunter College

Hunter College

Hunter College, established in 1870, is a public university and one of the constituent colleges of the City University of New York, located on Manhattan's Upper East Side. Hunter grants undergraduate, graduate, and post-graduate degrees in more than one hundred fields of study, and is recognized...

. After graduating, Cooperman become a Xerox

Xerox

Xerox Corporation is an American multinational document management corporation that produced and sells a range of color and black-and-white printers, multifunction systems, photo copiers, digital production printing presses, and related consulting services and supplies...

 quality control engineer in 1965. He then obtained an M.B.A. from Columbia Business School

Columbia Business School

Columbia Business School is the business school of Columbia University in Manhattan, New York City. It was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students...

. The day after graduating, Cooperman joined Goldman Sachs

Goldman Sachs

The Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients...

 in the company's asset management arm, conducting investment research. He worked at Goldman Sachs for twenty five years, becoming a general partner and Chairman and CEO of Goldman Sachs Asset Management. In 1991, Cooperman left the firm and founded Omega Advisors.

Cooperman serves on the board of directors

Board of directors

A board of directors is a body of elected or appointed members who jointly oversee the activities of a company or organization. Other names include board of governors, board of managers, board of regents, board of trustees, and board of visitors...

 for Automatic Data Processing

Automatic Data Processing

Automatic Data Processing, Inc. Automatic Data Processing, Inc. with about $10 billion in revenues and approximately 545,000 clients, is a provider of business outsourcing solutions. ADP offers a range of human resource, payroll, tax and benefits administration solutions...

(ADP).