Carlson Capital is bleeding assets in its stock-picking fund following the departure of one of its portfolio managers

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Carlson Capital is bleeding assets in its stock-picking fund following the departure of one of its portfolio managers
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Clint Carlson also lost chief risk officer Michael Palys, longtime treasurer Michael Watson and head of fixed income Ivan Ross in the 2018.

Carlson Capital portfolio manager Matthew Barkoff resigned from Dallas-based hedge fund in January, prompting a wave of redemptions, sources tell Business Insider.

Carlson lost several senior leaders in 2018, including longtime chief risk officer Michael Palys, treasurer Michael Watson, and head of fixed income Ivan Ross. Carlson's Black Diamond Thematic fund, which ended 2018 with $621 million in assets, has shed 60% of its assets since the start of the year after fund manager Matthew Barkoff resigned in January, sources tell Business Insider.

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