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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 a result, Cadian’s funds are now up

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