{"id":57316,"date":"2017-04-03T06:35:31","date_gmt":"2017-04-03T10:35:31","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=57316"},"modified":"2017-04-03T06:35:31","modified_gmt":"2017-04-03T10:35:31","slug":"how-sears-ruined-its-ceo-eddie-lamperts-hedge-fund","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2017\/how-sears-ruined-its-ceo-eddie-lamperts-hedge-fund.html","title":{"rendered":"How Sears Ruined Its CEO Eddie Lampert\u2019s Hedge Fund"},"content":{"rendered":"<p>(Fortune) As if in sympathy with his dying retail giant, Sears CEO Eddie Lampert\u2019s hedge fund has sunk perfectly in line with Sears\u2019 own decline. While shares of fell nearly 55% in 2016 amid bankruptcy rumors, the assets in Lampert\u2019s 29-year-old fund ESL Investments have dwindled a matching 55% in the same period.<\/p>\n<p>Sears, making up about a third of Lampert\u2019s portfolio, was a major contributor to the the hedge fund\u2019s shrink, but investors have also abandoned the fund recently, taking their money with them. <\/p>\n<p><a href=\"http:\/\/finance.yahoo.com\/news\/sears-ruined-ceo-eddie-lampert-211823371.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Fortune) As if in sympathy with his dying retail giant, Sears CEO Eddie Lampert\u2019s hedge fund has sunk perfectly in line with Sears\u2019 own decline. While shares of fell nearly 55% in 2016 amid bankruptcy rumors, the assets in Lampert\u2019s [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57316","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57316","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=57316"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57316\/revisions"}],"predecessor-version":[{"id":57317,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/57316\/revisions\/57317"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=57316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=57316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=57316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}