Red-Hot Darsana Posts Huge Gain in First Quarter

Ex-Eton Park founding partner Anand Desai has run one of the hottest long-short hedge funds over the past few years.

Anand Desai (Jacob Kepler/Bloomberg)

Anand Desai

(Jacob Kepler/Bloomberg)

Anand Desai is on a roll.

The flagship hedge fund operated by his firm Darsana Capital Partners posted a 20 percent gain in the first quarter, easily beating the Standard & Poor’s 500 stock index’s 13.6 percent gain — along with most other hedge funds, for that matter, according to people with knowledge of the firm’s about the results.

This

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