Carlson Capital’s Double Black Diamond Fund gained 0.96% net for February, bringing its year-to-date return to 2.66%. The main driver of the fund’s performance continued to be its equity relative value strategy, although its event-driven strategy also made a “solid” contribution to its February return. In his March letter to investors, which was obtained by ValueWalk, Clint Carlson said the Double Black Diamond Fund’s main area of weakness was its center book. However, some of its strategic investments and macro hedging strategies also declined by small amounts. Carlson reported that fund leverage rose slightly in February as their equity relative…
Clint Carlson Sees A Soft Landing As “Implausible At Best” [Exclusive]
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.