Cadian Capital Management, LP (New York)


Cadian Capital Management, LP is a large advisory firm based in New York. It manages $3.58 billion of regulatory assets for 1 client accounts. It has been registered with the SEC as an adviser since 2015.

Cadian Capital Management provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Cadian Capital Management: assets under management

The assets under management (AUM) of Cadian Capital Management, LP is $3.58 billion, all of which is managed in discretionary accounts. The firm's AUM has gone down by -36% since the beginning of its operation, and $3.58 billion of the total AUM is attributable to clients outside of the United States.

The firm manages $3.58 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $3.58 billion each.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Cadian Capital Management, LP for their services and products based on a percentage of assets under management and performance-based fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Cadian Capital Management serves?

The only and largest group of clients of Cadian Capital Management is pooled investment vehicles with 1 clients and $3.58 billion of assets under management. Among the 11 most similar advisory firms, Cadian Capital Management has the 3rd highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $3.58 billion for 1 clients. 100% of the firm’s clients are foreign persons or businesses.

Cadian Capital Management also advises several private funds. Namely, one hedge fund. The minimum investment commitment required of non-related persons is $5,000,000 for each fund.

Careers at Cadian Capital Management, LP

The company employs 21 people that are either part- or full-time employees. 52 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Eric Owen Bannasch Limited partner 1 May 2007 75% - 100% 5122246
Jennifer Choi Keam Limited partner 1 May 2007 Other 5981899
Eric O. Bannasch Limited partner 1 May 2007 75% - 100% 5122246
Bannasch Family Trust Limited partner 1 Sep 2007 Other 00-0000000
Eric Bannasch Grat I Limited partner 1 Sep 2007 Other 00-0000000
Derek Justin Griffith General counsel, chief compliance officer and chief operating officer 1 Aug 2011 Other 5981906
Carl Robin Lesaca Chief financial officer 1 Jan 2013 Other 6147890
Llc Cadian Capital Management Gp General partner 1 Jan 2014 Other n/a
Bannasch Family Trust Limited partner 1 Jan 2017 Other 00-0000000

Indirect Owners

The SEC currently registers 5 indirect owners.

Name Entity Date acquired Ownership Employer ID
Eric O. Bannasch Trustee 1 Sep 2007 Other 5122246
Eric Owen Bannasch Managing member 1 Jan 2014 Other 5122246
Eric O. Bannasch Managing member 1 Jan 2014 Other 5122246
Eric Owen Bannasch Manager 1 Jan 2017 Other 5122246
Eric O. Bannasch Trustee 1 Jan 2017 Other 5122246

Based in New York

The principal office where Cadian Capital Management, LP performs its advisory services is located at 535 Madison Avenue, New York, NY 10022, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 212-792-8800 or by fax 212-792-8875. The normal business hours are 8:30am - 5:00pm on Monday - Friday. You can find more information about the New York firm at cadiancap.com.