Carlson Capital Thinks The S&P 500 Will Fall Another 10% [Exclusive]

Carlson Capital’s Double Black Diamond fund returned 1.65% net during January, according to a copy of the fund’s February investor letter ValueWalk has been able to review. The multi-strategy hedge fund entered 2023 on a high note after a strong performance last year. Last year, the fund returned 6.38% net to investors as its Equity Long/Short and Equity Relative Value investment strategies outperformed. These two strategies contributed 430 basis points and 422 basis points net to its overall performance for the year. In comparison, the S&P 500 dropped approximately 20% last year, and the HFRI 500 multi-strategy index slumped around…