On a dreary Monday morning in May, rain pelts the windows of Omega Advisors Inc.’s 31st-floor conference room in New York. Inside, Leon Cooperman and his 14 analysts are trying to come up with ways to make money amid squalling markets. In a single dismal month, half of the hedge fund’s gains for the year have evaporated.
H. Frederick Krimendahl II, a top troubleshooter for Goldman, Sachs & Co. in the 1970s and 1980s whose broad responsibilities included finding the home for the firm’s London office, has died. He was 85.