Carlson’s Double Black Diamond Fund Continues To Shrink [Exclusive]

Carlson Capital’s Double Black Diamond hedge fund returned -1.7% in September, bringing itsyear-to-date returns to 2.8%, according to a copy of its September investor update that ValueWalk has been able to review. The multi-strategy hedge fund has produced a return of 5.9% over the past 12 months, a favorable return considering double-digit losses in equity markets. Shrinking Assets Under Management The Double Black Diamond fund used to be the flagship fund of Clint Carlson’s investment firm, but assets under management have dwindled in recent years. Carlson’s multi-strategy funds now manage just $533 million, 38% of overall group assets. Q3 2022…