SahmAdrangi is the founder and chief investment officer of Kerrisdale Capital Management, a co-investment fund. His current focus is in short selling stocks before their initial public offering. He has raised as much as $100 million to short sell a company that at the time of the short selling activity was valued at $10 million. Both he and another company analyst, Shane Wilson have created a video, website and a report to promote their position. Kerrisdale purchased stock early, so that they were positioned optimally for the anticipated gain. Mr. SahmAdrangi is able to makes such calculated risk because of his confidence in the performance of his company. It currently averages a return above 20%. He has experienced much success and notoriety in his career which he started after obtaining a Bachelor of Arts in Economics from Yale University. After graduating, he began his career in credit. He performed high-yield and leveraged loan debt financings at Deutsche Bank and advised creditor committees in bankruptcy and restructuring. After leaving the field of credit at Longacre Management, a multi-billion-dollar distressed debt hedge fund.
Mr. Adrangi has a reputation for taking complicated matters and dealing effectively with them. He has exposed the fraudulent Chinese companies, China Marine Food Group, China-Biotics and Lihua International in 2010 and 2011. He also was instrumental in making sure the China Education Alliance and ChinaCast Education Corp. were subjected to enforcement actions from the SEC. His years of commitment have resulted in his gaining expertise in several areas. His areas of expertise include biotechnology, mining and telecommunications. Mr. Adrangi focuses specific sectors where he has expertise. In the biotechnology sector, Kerrisdale has released research on the following development stage companies:
- Bavarian Nordic
- Sage Therapeutics
- Pulse Biosciences
He also focuses on the mining sector, where he zeroed in on the mining prospects and market valuations of different companies:
- First Majestic Silver
- Northern Dynasty Minerals
Kerrisdale has also released reports on the telecommunications sector, objectively reviewing the following companies:
- Globalstar-exposing weaknesses in its Terrestial Low Power Service in 2014
- Dish Network
- Straight Path Communications
- ViaSat Inc.
Mr. Adrangi viewpoint is often featured in print articles, TV news reports and he frequently speaks at financial conferences. Look for his opinion in interviews aired on CNBC and Bloomberg or published in the Wall Street Journal, the New York Times, the Washington Post or BusinessWeek.