Tech-Heavy Cadian Maintains High-Teens Gains Despite October Losses
The Perry alum has benefited from its low net exposure and avoiding popular internet and software stocks.
Cadian Capital Management did a good job of mitigating the damage from the huge stock market and technology selloff in October.
As a result, the firm’s funds entered November among the top-performing hedge funds. Its two long-short equity funds, Cadian Fund and Cadian Offshore Fund, lost a comparatively minor 2.35