Cadian Posts Two Months of Double-Digit Gains

How the TMT specialist posted double-digit gains in each of the past two months.

Etsy was one Cadian's key long positions this year. (Andrew Harrer/Bloomberg)

Etsy was one Cadian’s key long positions this year.

(Andrew Harrer/Bloomberg)

Cadian Capital continues to kill it.

The long-short hedge fund firm headed by Perry Capital alum Eric Bannasch posted another 10.8 percent gain in May after surging about 18 percent in April, according to a private database and a person familiar with the performance.

As

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related