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The main fund operated by Eric Bannasch's firm has notched big gains this year; former Perry portfolio manager Christopher Hohn's TCI is also up by double-digits.
Cadian Capital Management offices, New York (courtesy Google Maps)
Richard Perry may be shutting down his event-driven hedge fund firm, Perry Capital, after suffering lousy performance, but at least two of his alums are enjoying very good years in 2017.
We have already chronicled Christopher Hohn's the Children's Investment Fund (TCI), which was up 19 percent in the first half of the year.
Another hedge fund firm faring much better is Cadian Capital Management, headed by Eric Bannasch. He has posted a 28.1 percent gain through the first seven months of the year in his Cadian Fund LP fund after rising 2.1 percent in July.
This makes Cadian Capital, which manages about $1.8 billion, one of the top-performing hedge fund firms this year. It also is among the best-performing long-short technology-oriented funds without...