Boston-based Adage Capital for instance had one single day where it made $1 billion – most hedge funds struggled to navigate the market’s shoals.
For Hedge Funds, One $1 Billion Day, and a Lot of Far Smaller Days
Carlson Capital's Black Diamond Arbitrage fund is up 5.77% for the first eight months of the year, including a 1.72% return for August. Last year, the fund returned 2.39% for the whole year. Q3 2021 hedge fund letters, conferences and more The fund consists of merger arbitrage mainly consisting of signed or "rate of return" Read More