Sahm Adrangi is the chief investment officer and founder of Kerrisdale Capital Management from New York City. He founded the company in 2009. He is a holder of a degree in Bachelor of Arts in Economics from Yale University. Sahm has worked as an investment analyst in Longacre Fund Management and with investment Banking Groups like Chanin Capital Partners where he advised creditors, worked in its bankruptcy restructurings groups and also represented bank debtors, bankrupt companies, equity and bond committees. He also worked with Deutsche Bank and Leveraged Finance Investment Banking before founding Kerrisdale Capital management.
The firm focuses on the value of investments with its strategy on event-driven situations and long-term value investments. It creates promoters by interacting their activism investment ideas with the broader investment community. It got launched with less than $1 million but currently, manages $150 million as reported in July 2017. Roughly, it manages $500 million inclusive of the money it raised. The company has a history of gambling against firms and taking their circumstances publicly. Its latest activists include satellite company Globalstar, Zafgen and drug makers sage therapeutics. The firm’s principal hedge fund which gambles for and against company stocks have had an average return of roughly 28% for the past five years.
The company also does research publishing and short selling. Sahm Adrangi shares his views on stocks with overhyped and under-followed longs mostly misunderstood by markets. The firm pursues to correct misconstructions about essential business scenarios in companies. On biotechnology sector, the company has developed research on stage companies including Zafgen, unilife, Bavarian Nordic and Pulse biosciences. It has also published on the mining sector and investigated the prospects of mining and the market valuations of various kinds of minerals and other companies that offer resources. Publications on telecommunication area have also gotten published, where he shared his diverse views.
Mr.Sahm Adrangi has enthusiastically engaged with Lindsay corporation management in capital allocation and optimization. Sahm has addressed many sessions including the Value Investing Conference, the Sohn conference and Traders for cause.he has also featured in publications like the Wall Street Journal, The New York Times, Washington Post, and Business Week. He has also appeared on Bloomberg and CNBC for dialogues.
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