Hedge Fund - Cadian Capital

Eric Bannasch Bio, Returns, AUM, Net Worth

Eric Bannasch founded Cadian Capital in October 2007 after working at Richard Perry’s Perry Capital as a portfolio manager for the technology, media, and telecommunications fund. Cadian Capital also focuses on these sectors. Bannasch received his MBA from Stanford in 2003. Eric Bannasch employs a relatively longer term value approach when investing in small and mid-cap companies. Cadian Capital delivered an 11.95% annualized return between its inception and January 2012. Its standard deviation was a bit high at 17.75% during the same period. Cadian Capital lost 9.2% in 2008 and returned 25.65% in 2009, 25.78% in 2010, and 0.53% in 2011. Eric Bannasch had $2 billion under management at the beginning of 2012.

Eric Bannasch
Fund Profile
Filing Period:
Fund Name: Cadian Capital
Manager Eric Bannasch
Portfolio Value $3,071,713,000
Change This QTR +1.28%
Fund Holdings Sector Distribution
Top 13F Holdings
Filing Period:
Last update:
No. Security Ticker Shares Value (x$1000) Activity % Port
1. VRNS 2,310,604 $266,690 -11% 8.68%
2. ZEN 2,530,000 $260,388 -8% 8.47%
3. BPMC 2,686,856 $249,072 +125% 8.1%
4. FIS 1,630,000 $239,952 +2% 7.81%
5. PEGA 1,803,366 $218,279 +16% 7.1%
News, Interviews and Investor Letters