Carlson Capital's Double Black Diamond Fund was up 2.26% in April, bringing its year-to-date return to 3.19%. In April, the fund enjoyed robust performance in its event-driven strategy and center book and solid returns in its relative value strategy. However, the Carlson fund's strategic investments were weak, while its macro overlay subtracted about 100 basis points from its performance.
The Double Black Diamond team continued to add downside protection as the fund's realized beta drifted higher in April.
Q1 2023 hedge fund letters, conferences and more
April Results
In his May letter to...
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually
Don’t have an account?
Subscribe now and get 7 days free!