Omega Advisors, Inc. is an employee owned hedge fund sponsor with approximately $5.4 billion in assets under management. The firm primarily provides its services to pooled investment vehicles and pension and profit sharing plans. It also caters to charitable organizations and corporations. The firm invests in the public equity and hedging markets of the United States. It invests in the value equities employing a top down approach to select the sectors with a long/short, fundamental analysis, and bottom up approach to create its portfolios. The firm benchmarks the performance of its portfolios against S&P 500 index. Omega Advisors was founded in 1991 and is based in New York, New York.