After a Stellar Year, Top Performing Hedge Fund Posts Its Worst Performance Thus Far

Cadian Capital's tech-oriented fund is down nearly 20 percent, following a record year since its launch.

Stephen Taub June 10, 2021

Palo Alto Networks was Cadian's second-largest long as of March 31.

(David Paul Morris/Bloomberg)

One of the top performing hedge funds in recent years is off to its worst start ever.Cadian Capital Management’s Cadian Fund L.P. lost nearly 4 percent in May and is now down 19.2 percent for the year to date, according to a hedge fund database.The

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

Contact Info

New York
1270 Avenue of the Americas, Suite 1100
New York, NY 10020
P: +1 212 224 3300

London
4 Bouverie Street
London EC4Y 8AX
P: +44 207 779 8888

Hong Kong
Unit 2488, 24/F
Lee Garden One,
33 Hysan Avenue
Causeway Bay, Hong Kong
P: +852 2912 8001

Corporate

About Us

Leadership Team

Careers

II Press Room

Digital

Masthead

Thought Leadership

Display Advertising

Reprints

FAQs

Events

Events Calendar

Memberships

Subscription

Subscribe to Premium

Register

Register for Free Account

Newsletters

Sign up for II newsletters

© 2025 Institutional Investor LLC. All material subject to strictly enforced copyright laws. Please read our Terms & Conditions, Modern Slavery Act Transparency Statement, Accessibility Statement and Privacy Policy before using the site.

4.12.03 build:2025-12-12 Login