Sahm Adrangi, who graduated from Yale University with a Bachelor of Arts degree in economics, is best known for his research and short selling. Sahm Adrangi began successful career by debunking fraudulent Chinese companies. He worked as an investment analyst at Longacre Fund Management and more recently, he has played a large role in Kerrisade Capital Management LLC in New York City since founding the company in 2009 to his current role as Chief Investment Officer. Kerrisdale Capital is a company that focuses on long-term value investments and event-driven special situations. He has grown the company from under $1 million dollars to $150 million in the roughly eight years since its establishment.
One article, released in April of last year, highlights Sahm Adrangi’s success in raising over $100 million from many investors to bet against one, yes- one, stock which come to be known as the “co-investment”. Although he has previously collected large sums of money for betting against companies, this marks the first time that he, or anyone else for that matter, has collected such a large sum. In an email to his fellow investors, Sahm Adrangi reveals his take on how quickly such a large sum of money was raised, stating that it just shows the like-mindedness of those who have contributed in their stance against this company, whose name had not yet been released at the time of the article being written. He goes on to write that their goal is to uncover the truth about said company and make the information public. Because of the secrecy that was still surrounding the bet against this stock at the time of this article being published, many people who disclosed what they knew chose to remain anonymous and much information that could have given away which company was going to be exposed was withheld.
Read More: www.benzinga.com/topic/sahm-adrangi