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 funds hard close took effect on April 1, giving it time to digest $650 million of new assets brought in between October 2006 and March.
The 13-year-old Dallas-based firm founded by Clint Carlson now runs a total of $3.3 billion a figure far from its peak of $4.7 billion at the end of 2004.
But its recent fundraising is a striking turnabout from 2005, when investors