Hedge Funds That Returned 20% Show All Is Not Lost

(Bloomberg) As the dust settles on a troubled year for hedge funds, some managers escaped the wreckage and even thrived. SoMa Equity Partners, a $1.2 billion long-short equity fund, rose about 20 percent in 2018, according to an investor document seen by Bloomberg. The $1.5 billion Cadian Capital Management notched a similar gain, according to a person familiar with the matter.

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