Sahm Adrangi is the pioneering founder Kerrisdale Capital Management LLC where he now serves as the Chief Investment Officer. Sahm Adrangi has dedicated much of his career in the development of this firm he first established in 2009. Apparently, Kerrisdale Capital Management managed an excess of $150 million. The company is widely recognized for publishing research and short selling. Through his role as an activist, Adrangi helped to expose several companies that were corrupt.
In the recent past, Kerrisdale has mainly focused on the specific areas of interest which include biotechnology. The company has published an extensive research featuring companies at the development stage. A case in point of companies covered in the research is Zafgen, Sage Therapeutics, Bavarian Nordic, Pulse Biosciences, and Unilife.
Adrangi is active in various investments, in 2013 he took part in Lindsay Corporation management with the primary goal of deploying the company’s capital policies and cash. In 2014, Adrangi led a proxy contest purposely to instil two directors at Morgans Hotel Group.
Sahm Adrangi attended Yale University where he majored in Economics. He has facilitated several conferences as a speaker. A case in point is the Distressed Debt Investing Conference, Sohn Conference, the Activist Investor Conference, Traders 4 a Cause, and the Value Investing Conference.
Adrangi has been interview with Bloomberg and CNBC. Further, he has been closely featured by popular journals and publications that include the New York Times, BusinessWeek, and Wall Street Journal among others. Kerrisdale Capital Management has manage to raise more than $100 million through various investors. In some cases, Hedge Fund managers objectively raise capital to major in particular investments. Most of the money raised will support stock for a company yet to become known. The main Hedge Fund which bets in favor and against Kerrisdale stock, has realized annual returns of about 28% for the past 5 years.
Sahm Adrangi first worked at Deutsche Bank where he took a financial career particularly in credit. He also offered advice on bankruptcy to a creditor committee. Besides his mastery of skills in investment banking, Adrangi spent many years at Longacre Management, a multi-billion dollar distressed hedge fund debt.