SahmAdrangi founded Kerrisdale capital management in the year 2009; He serves in the firm as the chief investment officer. Adrangi is also a prolific author for short selling and publishing research and an activist. He has grown his hedge fund, Kerrisdale Capital, from one million dollars start-up to 200 million dollars investment house that is taking hedge fund activism into the social media age. Kerrisdale capital bet against companies and takes its case public.
Adrangi began his activist career by exposing fraudulent Chinese companies that found their way, onto the North American market by operating into already listed corporations. The fraud companies were the China Marine Food Group, Lihua International, and many others. Other Kerrisdale’s targets, include China Education Alliance and Education Corp, they became subject to enforcement actions by the Securities and Exchange Commission.
Corporations recognize Adrangi for short selling and publishing research. Kerrisdale’s study investigates to correct broadly held misconceptions about fraudulent companies. Kerrisdale shares its research on its website and other social media platforms. Additionally, Mr. SahmAdrangi has focused the firm’s efforts on specific areas where Kerrisdale has improved expertise. The biotechnology sector, Kerrisdale has published research on development stage for Bavarian Nordic. Additionally, in the mining sector, Adrangi has called into an interrogation of the mining sights and market valuations of the First Majestic Silver and other resources companies.
Finally, Kerrisdale has published numerous reports on the telecommunications sector, sharing skeptical views on Globalstar. In 2014, Adrangi exposed weaknesses in Globalstar proposed Terrestrial Low Power Service in a live presentation, backed up by a series of articles. Over the years of Kerrisdale publishing research, Mr. Adrangi has taken an activist role in a lot of investments. He battled with Lindsay Corporation management to optimize the company’s cash deployment and capital allocation policies. Mr. Adrangi also started a substitute contest to succeed the directors of Morgans Hotel Group. He holds a Bachelor of Arts in Economics from Yale University. His publications and research work have also featured in prominent media outlets such the Wall Street Journal and the New York Times, the Washington Post and many other publications.