Carlson Highlights Extreme Anxiety In Event-Driven Market Amid Regulatory Changes [Exclusive]

Carlson Capital’s Double Black Diamond fund declined 2.83% net in May, bringing its year-to-date return to 0.34% net. The fund’s equity relative strategy continued to dominate its returns, but losses in its event-driven strategy, strategic investments and center book more than offset those gains. Fund Performance In his June letter to investors, which was obtained by ValueWalk, Clint Carlson said their equity relative value continues to generate consistent results. He explained that price dispersion within industries has remained above average, and stock performance has broadly been tracking revisions to earnings estimates. Q1 2023 hedge fund letters, conferences and more However,…