Sahm Adrangi who is the CEO of Kerrisdale Capital Management is a graduate of Yale University. He holds a bachelor in Economics. He Analyst career began in Deutsche Bank in 2004 where his primary role was leveraging Finance.He later Moved to Chanin Capital, and Sahm was an analyst in bankruptcy restructuring group of Chanin which is a boutique investment bank with offices in Los Angeles and New York. In2007, he left Chanin for Longrace Fund management where he was an analyst in $2billion distressed debt fund before moving to Kerrisdale as the founder and CEO in 2009.
Kerrisdale is currently valued at $1million and manages more than $150million.Adams is known for short selling and public research, and in a current interview, he gives an insight into short-selling. Sahm Adrangi through his company Kerrisdale has currently raised more than $100million to bet against one stock. The money has been raised through a co-investment which is one of its kind. The funds raised will be used to short stock a public company that has yet to be unveiled. Sahm Adrangi seeks to ensure people understand how Kerrisdale works and together with his Analyst are making sure that the campaign gets to as many people as possible. The company that is involved in short selling would later be unveiled, but as for Kerrisdale they already established their position in the public company.
Kerrisdale which began in 2009 will manage more $500 including the money from the new company has a made itself a name in shortselling and betting against companies. The company has a return of 28% has held other short position such as in the sage therapeutics,Zafgen, and Globalstar, a satellite company. Adrangi has set main focus on specific sectors where his company has over the years gained expertise. The company has mainly focused on biotechnology and the mining sector.
Sahm has many publications to his name, and this includes research materials. He has also been part of Lindsay Corporation Management to assist them to optimize on how they use their cash. Sahm has also given several public addresses in some conferences including Sohn conference,distressed debt investing conference,activist investor conference and traders for a cause conference among others.
Learn More: www.crunchbase.com/person/sahm-adrangi