Cadian Capital Management, LP
Cadian Capital Management, LP is a New York-based hedge fund founded in 2007. The firm specializes in long/short equity strategies, primarily within the technology, media, telecommunications, and healthcare sectors. Led by founder Eric Bannasch, Cadian manages assets for institutional investors and high-net-worth individuals, with an employee count estimated to be around 30 to 50 professionals.
Investment Strategy
Cadian Capital Management, LP focuses on long/short equity investing, targeting growth-oriented sectors such as technology, media, telecommunications, and healthcare. The firm combines rigorous fundamental research with a disciplined risk management approach to identify undervalued companies with significant upside and to take short positions in overvalued or structurally challenged firms. Their strategy is characterized by deep sector expertise and a flexible mandate designed to generate strong, risk-adjusted returns regardless of broader market conditions.
Top Holdings
Equity Positions (24)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
G GLBE | GLOBAL E ONLINE LTD | 10.36% | $185.1M | 5,517,336 | $34.58 | $33.54 | +$98.3M |
G GH | GUARDANT HEALTH INC | 9.27% | $165.4M | 3,179,217 | $22.10 | $52.04 | -$30.3M |
C CRTO | CRITEO S A | 6.71% | $119.9M | 5,002,794 | $32.72 | $23.96 | -$37.8M |
E EVH | EVOLENT HEALTH INC | 6.57% | $117.4M | 10,424,701 | $10.33 | $11.26 | +$15.2M |
P PCOR | PROCORE TECHNOLOGIES INC | 6.53% | $116.6M | 1,703,477 | $64.90 | $68.42 | -$13.8M |
Industry Allocation
Investment Team (6)
| Name | Role | Location | |
|---|---|---|---|
E Evan Schneider | Analyst | New York, NY , United States | |
J John Jernigan | Partner | New York, NY , United States | |
K Kyle Nicholson | Analyst | New York, NY , United States | |
N Noah Silver | Managing Director | New York, NY , United States | |
S Sulaiman Mahmood | Analyst | New York, NY , United States | |
J Jingwen Guo | Analyst | Charlotte, NC , United States |