Kerrisdale Capital Management was launched in 2009 by its Chief Investment Officer, Sahm Adrangi. When creating the firm, Adrangi has taken an active position throughout just about every area of Kerrisdale’s progress. Even though more than $150 million dollars is now under Kerrisdale’s handling, the firm controlled around $1 million when Adrangi originally created it.
Whilst Sahm Adrangi’s short selling gains have been very outstanding, he is in fact better known as a result of writing evaluations concerning companies which he believes the market actually holds misperceptions about. Two varieties of stocks that he often publishes the firm’s evaluations about are under-followed longs and the shorts he believes to be too over-hyped.
The Securities and Exchange Commission in fact did take enforcement measures to fight a handful of the companies which Sahm Adrangi uncovered for being deceptive, for instance ChinaCast Education Corp as well as China Education Aliiance. He attained quite a lot of recognition as a result of shorting in addition to publicly revealing many of those dishonest Chinese companies around 2010 and 2011.
A wide range of different companies and market sectors are actually the concentration of Adrangi’s findings, however Sahm Adrangi’s focal point has, lately, ended up on the subject of just a few markets that Andrangi’s firm has insight into. The biotechnology sector is certainly one of those, and the firm has revealed knowledge regarding Bavarian Nordic, Zafgen, Unilife and also lots more. His evaluation is mostly focused on the stages in which these companies are building and what their potential future prospects are.
Deutsche Bank was in fact the workplace at which Sahm Adrangi first started a long and successful professional career in the realm of investment. At Deutsch Bank, he executed loan debt financing, performing high-yield in addition to leveraged. He has additionally given his time and labor for several years at Longacre Management, the multi-billion-dollar hedge fund.
A graduate of the widely respected Yale University, Adrangi has done quite well for himself in the world of finance, and his successes have led to him being interview by the biggest media outlets.