Cadian Launches a New Fund

The tech-focused firm’s flagship fund was in the black for the first eight months of 2022.

Victor J. Blue/Bloomberg

Victor J. Blue/Bloomberg

A tech-driven hedge fund firm that has managed to succeed in a very difficult year is launching a new fund.

Cadian Capital Management has launched Cadian Opportunities Fund and an offshore equivalent. These funds focus on high-conviction investments made by the firm’s flagship funds, according to a regulatory filing.

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