Adrangi attended Yale University where he graduated with a Bachelor’s of Arts degree in Economics. He is the founder of the Kerrisdale Capital Management. He has been on the forefront of all the success of the Company since its formation in the year 2009. Before this, he has served as the investment analyst at Longacre Fund Management where he had the role of investment analysis and research in both equity and credit fund Before SahmAdrangi assumed his position at Longacre, he used to work at Chanin Capital Partners. At Chanin, he had the responsibility of representing distressed and bankrupt companies. He had also worked at Leverage finance group.
Capital Management, under SahmAdrangi, has raised $100 million from the investors. The amount is anticipated to be used to bet against a single stock. An investment that is seen to be unique as hedge fund managers occasionally raise money for a particular investment, but Kerrisdale intends to use the funds to short the stock once it is made a public company. According to the email that Adrangi wrote to the investors, showed that they had raised a significant amount of money in short period of time. The text further added that they had taken a company worth $ 10 billion and could let everyone realize the perception they have about it.
Adrangi with his partner, Shane Wilson are focused on the upcoming campaign, for them to convince others about their project. According to the reports, the company is likely to be unveiled in the course of May. Currently, the information is not meant for the public. The raised funds are already buying shares in the unspecified company.
Kerrisdale that now oversees almost $ 500 million usually bets against the companies and then letting the public know about it. The funds that are obtained from their activities, has made annual returns that near 28% compared to the last five years. Apart from publishing research, Mr. Adrangi has the activist role in several investments. Just to mention, in the year 2013, he worked with Lindary Corporation management in optimizing the company’s cash distribution as well as capital allocation policies.