Carlson Capital's Double Black Diamond fund was up 2.17% net for the first quarter as most strategies contributed positive returns. Only strategic investments and credit posted negative returns. Although the firm kept its strategy allocation from the fourth quarter the same, it expects allocation to its event-driven strategy to rise going into the second quarter.
Q1 2021 hedge fund letters, conferences and more
Strength in event-driven strategy
In his first-quarter letter to investors, which was reviewed by ValueWalk, Clint Carlson noted that last year's historic recovery in mergers and acquisitions continues this year. First-quarter volumes brought the strongest beginning to...
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