Carlson Capital’s Black Diamond Thematic, L.P. finished the first quarter of 2015 down -1.46% net, underperforming the fund’s benchmark. The fund suffered a similar underperformance during the first quarter of 2014 but due to a well-timed bet on oil, the fund’s performance improved significantly during the second half of the year. The letter authored by Richard Maraviglia, Portfolio Manager, and Mr. Matthew Barkoff, Analyst was reviewed by ValueWalk.
Carlson Capital, L.P. is an alternative asset management firm. Founded in 1993 by Clint Carlson, they currently manage over nine billion dollars in assets.
Carlson is positioning for a rapid recovery in US economic growth. Additionally, as...
