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Sears hedge fund guru a stranger to ‘richest’ list he once headed

Chicago Sun-Times – Sears Holdings Corp. Chairman and hedge-fund guru Edward S. Lampert failed for the fourth year to make a list he once topped — the richest hedge-fund managers in the nation.

Lampert, who takes no salary from the Hoffman Estates-based Sears, is nowhere to be found on the list published Wednesday by Institutional Investor’s Alpha magazine. Lampert topped the list published in 2005, after pocketing a $1.02 billion salary in 2004 for his leadership of Greenwich, Conn.-based ESL Investments.

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