Launches & Closures Hedge Funds

Carlson to launch structured credit business


Carlson Capital, the Texas-based hedge fund group founded by Clint Carlson, is launching a structured credit strategy with a reported $200 million internal allocation and has hired former Citigroup debt executives to lead the effort.

The Dallas-based firm hired Nestor Dominguez and Scott Logie to invest in collateralized loan obligations and trust-preferred securities. The strategy will be executed within the firm’s existing multistrategy funds.

Dominguez was formerly co-head of Citigroup’s collateralized debt obligations group. Logie most recently worked at Citi as a corporate bond trader.

As of July 1, Carlson managed $4.8 billion, up from $3.86 billion on January