Carlson Capital Tells Investors: Twitter Still Has Tremendous Upside [Exclusive]

Carlson Capital’s Double Black Diamond Fund returned 85 basis points net in August, bringing its year-to-date net return to 4.51%. According to a copy of the fund’s September update, which ValueWalk has been able to review, its equity relative value and event-driven strategies outperformed during the month, contributing 131 basis points to overall P&L. Double Black Diamond Profits From Hedging Positions Writing in the update, the chief investment officer of Carlson Capital, Clint Carlson, explains that the fund became more active with portfolio hedging in late August as it believes that any short-term rallies in the market should be used…