Category: Management

Sahm Adrangi, an Entrepreneur and Investment Researcher

Published / by CapaConf

Sahm Adrangi is a serial investor with a lucky hand in stock betting. He is the founder and Chief Investment Officer of Kerrisdale Capital Management LLC. Based in New York, Kerrisdale Capital deals with hedging of funds on companies stock.

Kerrisdale Capital Management

In 2016, Kerrisdale Capital Management successfully gathered close to $ 100 million for stock betting. The funds raised from the investors are the first of its kind. The cash will be used to bet on a single stock of yet to be revealed public company.

Addressing investors on an email, Sahm Adrangi stated that the firm raised the capital within a short time and therefore able to harmonize funds from alternative sources. It stated that Adrangi together with company’s analyst, Shane Wilson were focusing on the forthcoming campaign. They were preparing necessary materials like reports, website, and videos to convince the investors on their plan.

Released by an unnamed person due to its confidentiality, the email was also reviewed by the Reuters. According to the email, Kerrisdale Capital had begun purchasing the stock to lay its position in the said company.

Founded in 2009, Kerrisdale Capital Company has a history of hedging against companies. With around $500 million of investors, Kerrisdale has companies like Sage Therapeutics, Zafgen, and Globalstar on its radar. Over the last five years, the company has had an annual return of 28% though it declined to 7% in March 2016.

About Sahm Adrangi

A B.A Economics graduate from Yale University in 2003, Sahm Adrangi has a strong background in the field of finance. Adrangi is well known for researching and publishing his views on companies stock. He aims at correcting misconceptions held of different companies’ business prospect. Also, Sahm Adrangi is an investment activist.

He began his career in 2004 as an analyst at leveraged finance group, Deutsche Bank. On December 2005, Adrangi became an analyst in a bankruptcy restructuring company, Chanin Capital Partners Los Angeles, and New York. Adrangi switched to Longacre Fund Management LLC in April 2007. He served as an investment analyst at Longacre Ltd until February 2009 when he founded Kerrisdale Capital Company.

Read More : http://www.afr.com/business/banking-and-finance/hedge-funds/kerrisdales-