Carlson Capital’s Double Black Diamond Fund was up 0.21% net for July, bringing its year-to-date return to 3.7%. The fund’s strategic investments strategy contributed 89 basis points to its overall return, while its event-driven strategy contributed 38 basis points. The fund overlay added 9 basis points, while rates and volatility subtracted 2 basis points. The equity relative value strategy and equity long/ short holdings subtracted 15 and 64 basis points, respectively. Q2 2022 hedge fund letters, conferences and more In his August letter to investors, Clint Carlson said the fund’s strategic investments and event-driven strategies recovered from the June weakness,…
Riding High On Its Strategic Investments, Carlson Capital Is In The Green For 2022 [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.