Slow And Steady Wins The Race For This Event-Driven Fund

The first two months of the year turned out to be exceptional for many hedge funds, although a few which managed a positive return during the turbulent fourth quarter aren't having quite as good of a year. Carlson Capital's Black Diamond Arbitrage fund may be a strong example of slow-and-steady-wins-the-race. The fund's strategies have held up well over the years, which is good at times when almost the whole industry is down but may seem less impressive when everyone else is through the roof.

Q4 hedge fund letters, conference, scoops etc

Event-driven strategies were strong in February

Carlson Capital's...