# Cadian Capital Management, LP

> Cadian Capital Management, LP is an SEC-registered investment advisory firm in New York, NY, registered since 2012, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated September 18, 2026.

- CRD: 157813
- Filed as: CADIAN CAPITAL MANAGEMENT, LP
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: September 18, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/157813
- AdvisorCensus page: https://advisorcensus.com/firm/cadian-capital-management-lp-new-york-ny-157813

## Quick answers

**How is Cadian Capital Management, LP compensated?**
On its Form ADV (Item 5.E, October 2026), Cadian Capital Management, LP reports these compensation arrangements: a percentage of assets under its management; performance-based fees.

**Where is Cadian Capital Management, LP located?**
Cadian Capital Management, LP's principal office is in New York, NY, according to its Form ADV.

**Is Cadian Capital Management, LP registered with the SEC or a state?**
Cadian Capital Management, LP is an SEC-registered investment advisory firm, registered since 2012. Status as filed: Approved. CRD 157813.

**How much does Cadian Capital Management, LP manage?**
Cadian Capital Management, LP reports $2,679,961,653 in regulatory assets under management in its Form ADV filing dated September 18, 2026 (100% discretionary).

**How have Cadian Capital Management, LP's assets and staff changed since 2021?**
In the Form ADV data for Cadian Capital Management, LP: Regulatory assets under management: $5,392,069,421 in the October 2021 data and $2,679,961,653 in the October 2026 data, down 50%. Total employees: 22 in October 2021 and 20 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Cadian Capital Management, LP serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (9).

**Does Cadian Capital Management, LP report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/157813

**Does Cadian Capital Management, LP state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum initial investment for the Funds is $5,000,000; provided that our firm and the General Partner, our affiliate, have discretion to waive this minimum."

**What changed in Cadian Capital Management, LP's recent Form ADV filings?**
In the October 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> The minimum initial investment for the Funds is $5,000,000; provided that our firm and the General Partner, our affiliate, have discretion to waive this minimum.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $2,679,961,653
- Discretionary: $2,679,961,653
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 0 | Not reported |
| High net worth individuals | 0 | Not reported |
| Banking or thrift institutions | 0 | Not reported |
| Investment companies | 0 | Not reported |
| Business development companies | 0 | Not reported |
| Pooled investment vehicles (other than investment companies and business development companies) | 9 | $2,679,961,653 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 0 | Not reported |
| Charitable organizations | 0 | Not reported |
| State or municipal government entities (including government pension plans) | 0 | Not reported |
| Other investment advisers | 0 | Not reported |
| Insurance companies | 0 | Not reported |
| Sovereign wealth funds and foreign official institutions | 0 | Not reported |
| Corporations or other businesses not listed above | 0 | Not reported |
| Other | 0 | Not reported |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2012 (14 years)
- Employees: 20 total, 9 performing advisory functions
- Wrap fee program participation: No
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- cadiancap.com
- LinkedIn @cadian-capital-management

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $5,392,069,421 | 22 | March 30, 2021 |
| October 2022 | $2,837,420,254 | 20 | September 14, 2022 |
| October 2023 | $2,484,701,760 | 18 | March 30, 2023 |
| October 2024 | $4,404,440,501 | 19 | March 29, 2024 |
| October 2025 | $3,323,791,489 | 21 | March 31, 2025 |
| October 2026 | $2,679,961,653 | 20 | September 18, 2026 |

Regulatory assets under management: $5,392,069,421 in the October 2021 data and $2,679,961,653 in the October 2026 data, down 50%.
Total employees: 22 in October 2021 and 20 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 11 to 9.
- Regulatory assets under management went from $3,323,791,489 to $2,679,961,653 (-19%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Cadian Capital Management, LP (CRD 157813): Form ADV filing data as of October 2026.