Sahm Adrangi, founder and CIO at Kerrisdale Capital Management LLC, managed to raise 100 million dollars in 2016 to bet against a single stock. The fund, a first of its kind, was created to short the stock of a company that had not yet been unveiled. To make the campaign a success within alternatives community, the firm embarked on a video, report and website with the target company in mind. Sahm Adrangi’s Kerrisdale has so far embarked on what many would term as risky ventures but has up to date raised and managed more than 500 million dollars through such ventures. In the past, the company has bet against companies such as satellite company Globalstar and drug companies Zafgen and Sage Therapeutics.
Sahm Adrangi is a trailblazer in the short selling industry, in addition to being a respected writer in the finance industry. Additionally, Adrangi shares his financial articles on social media platforms. He made a name for himself at a fairly young age by exposing and raiding dodgy dealers including several fraudulent companies from China. Some of the dodgy dealers he brought to light include China Marine Food Group, Lihua International, and China Biotics. For others like the China Education Alliance and ChinaCast Education Corp were lucky since only enforcement action was taken against them by the Securities and Exchange Commission. Consequently, Adrangi has helped many save on investments that would otherwise have been lost to fraudsters.
Sahm Adrangi’s work in the financial sector speaks for itself. His rewarding career began at financial firms such as Longacre Fund Management LLC, Deutsche Bank and Chanin Capital Partners. In his capacity as an analyst, he served in these firms in departments dealing with distressed debt funds, bankruptcy restructuring, and in the finance department. His experience explains his reputable skills in dealing with hedge funds, investment banking and management, equities, financial analysis, asset management, and financial modeling among others. Since founding Kerrisdale Capital Management LLC, these skills and experience have come in handy in making the company a force to reckon with in the financial investment industry. His background in economics from Yale University has also played into increasing his knowledge base in the sector.
Learn More: www.hvst.com/user/sahm-adrangi