The Impact of Sahm Adrangi’s Research
Kerrisdale Capital Management was set up in 2009 by its Chief Investment Officer, Sahm Adrangi. At the same time as building the firm, Adrangi took an involved responsibility during every part of its growth. Despite the fact that more than $150 million dollars is currently under Kerrisdale’s management, the firm supervised under $1 million after Adrangi first started it.
Even when Sahm Adrangi’s short selling profits have proven to be extremely excellent, he is probably well-known as a result of publishing research on companies that he thinks the market still has misconceptions about. Two types of stocks that he most often releases Kerrisdale’s assessments on are under-followed longs combined with shorts he believes to be over-hyped.
The Securities and Exchange Commission also have taken enforcement measures against a few of the businesses which Sahm Adrangi uncovered for being deceitful, including ChinaCast Education Corp as well as China Education Aliiance. He received tons of popularity ever since shorting and widely unveiling some of these particular fraudulent Chinese businesses in 2010 and 2011.
A lot of different companies and business sectors have already been the focus of the investigation, but Sahm Adrangi’s attention has, lately, remained towards a number of industries which he has developed knowledge about. The biotechnology field is undoubtedly amongst those, and Kerrisdale has published knowledge regarding Bavarian Nordic, Zafgen, Pulse Biosciences, Unilife and also numerous others. The firm’s analysis is in many instances centered on the progress times of these kinds of businesses coupled with the longer term prospects.
Deutsche Bank happened to be the place wherein Sahm Adrangi begun a profession in the realm of investment. Here, he managed loan debt financing, both high-yield coupled with leveraged. He eventually worked for quite a few years at Longacre Management, a hedge fund.
Adrangi completed his Bachelor of Arts in Economics upon his graduation out of Yale University. On account of all the notoriety he has obtained, both through his stock trading profits and via his studies, some trading gatherings have provided him the ability to discuss his wisdom through presenting to new traders.