Hedge Funds

Cannell analyst launches small-cap value vehicle


Ryan Randall, who was an equity analyst for more than three years at Carlo Cannell's Cannell Capital Management, was set to launch his own fund on May 1.

Quinnat Partners, to be run by Randall's San Francisco-based Randall Capital Management, will take a rigorous bottom-up approach, making classic value-based bets on 10 to 25 long positions and 15 to 25 shorts.

As he did at the high-performing Cannell, Randall will focus on the energy, business services and technology sectors. His shorts will include companies in the retail, restaurant, semiconductor and networking industries.

Randall was most recently an analyst at Eric