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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 percent

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