Sahm Adrangi: The Man Behind Kerrisdale Capital
Just in his mid-thirties, Sahm Adrangi has made a name for himself in the world of capital management. He is the founder and CEO of Kerrisdale Capital Management.
Sahm Adrangi has Yale in his educational background. He graduated from the school in 2003 with a B.A. in economics. During his time at his alma mater, he wrote for the Yale Daily News. During that time, he leaned to the left politically.
After graduating, Sahm Adrangi set about making a name for himself. He started out at Deutsche Bank’s leveraged-finance investment banking group. Later, he would serve as an investment analyst at Longacre Fund Management. Soon, however, he would move on to bigger things that would turn the name Sahm Adrangi into one that would be well-recognized within the world of investing.
Adrangi founded Kerrisdale Capital Management in 2009 with just less than $1 million. Since the company’s founding, he has been actively involved in all aspects of the business. From that humble beginning of just under $1 million, Adrangi has grown the business into a capital management firm that handles approximately $500 million or so in assets as of May 2016.
Two things that Adrangi is known for is short selling and publishing research. In fact, Kerrisdale Capital has made a name for itself due to its savvy research and bold moves in short selling. In one unusual move, Adrangi raised $100 million in a co-investment fund that appears to be the first of its kind in order to bet against a single stock: Dish Network.
While some may take more conservative paths within the world of finance, Sahm Adrangi has chosen to forge a much bolder path. That is how the man behind Kerrisdale Capital Management has turned what started as a fairly small company into a major success.