Carlson Capital reverses its fortunes

Tue May 29, 2007

What a difference a couple of years make.

Carlson Capital has closed its flagship Double Black Diamond multistrategy hedge fund after a successful marketing campaign buoyed its assets to $2 billion.

The fund’s hard close took effect on April 1, giving it time to digest $650 million of new assets brought in between October 2006 and March....

ISSN: 2151-1845 / CDC10004H

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