SahmAdrangi Taking Economics to the Next Level
SahmAdrangi is a prominent leader who serves as the Chief Investment Officer at Kerrisdale Capital Management LLC. Recently, he raised about $ 100 million from investor to bet against a stock. Kerrisdale Capital Management is a unique co-investment fund experiencing tremendous achievements in the industry.At Kerrisdale, hedge fund managers at times raise capital to fund a particular investment program like the recovery of residential-mortgage-backed securities and distressed energy firms. Kerrisdale, based in New York, plans to use the money to short the single stock of the incoming public company. SahmAdrangi stated that they raised a significant amount of capital in a brief period that would help their deal. He insisted that Kerrisdale has taken a company that has a net worth of $10 billion and they will do everything o have everyone understand the insights Kerrisdale has for the people.Shane Wilson, a Kerrisdale analyst, is working with Mr. Adrangi focusing on the upcoming campaign are evaluating a report, website, and video among other platforms that will help convince many people of their thesis. The target company is expected to be unveiled.
Kerrisdale fund has started to purchase stock to establish its position and have a notable presence in the firm.Kerrisdale Capital Management manages almost $500 million which includes the new money raised, the capital it uses to take its case public and also the company has a history of betting. The company has been involved recently in activist short positions include satellite company Globalstar and drug makers sage Therapeutics and Zafreg. Kerrisdale bets both for and against company stocks approximating to an annual return of 28% over the last five years.SahmAdrangi has been involved in Kerrisdale’s activities since its founding in 2009. Before Kerrisdale, Sahm worked at Longacre Fund Management LLC., as an investment analyst. Mr. Adrangi also worked at Chanin Capital Partners, a bankruptcy restructuring group. Moreover, Sahm worked at Deutsche Bank in its leverage group. SahmAdrangi is an alumnus of Yale University holding a Bachelor of Arts degree in Economics. SahmAdrangi is passionate about taking Kerrisdale Capital Management to the next level in their economic history.