Hedge funder Sahm Adrangi is the CIO of his New York, NY establishment called Kerrisdale Capital Management, LLC. He founded the investment management firm back in 2009 and has made sure to oversee every aspect of its development ever since their start. It was noted that Sahm Adrangi launched his company with a little under a million dollars, the firm has approximately $150 million in assets under management as of July, 2017. His private firm is known to bet for or against public company stocks. This has allowed the company to increase their annual return to roughly 28 percent in five consecutive years alone, and what Sahm Adrangi knows.
Prior to the founding of Kerrisdale Capital Management, Sahm Adrangi used to serve as an investment analyst at Longacre Fund Management, LLC in the early 2000’s before the company went out of business. Longacre Fund Management used to be a billion dollar distressed debt hedge fund. While working there, Mr. Adrangi would conduct research and investment analysis for both equity and credit funds. He also had a position at Chanin Capital Partners, a firm that dealt with bankruptcy restructurings. He would mostly have to advise creditors out of court and help them through the Chapter 11 bankruptcy restructuring process. Before Chanin Capital Partners, he held a short-term position at Deutsche Bank and would help the financial institution by structuring their high-yield bonds, syndicate non-investment bank debt and debt refinancing among other tasks, and resume him.
Sahm Adrangi graduated with a Bachelor of Arts degree in Economics from Yale University. He used to write columns for Yale’s campus newspaper, which he would find enjoyment sharing his ideologies freely without any barriers. Mr. Adrangi’s company, Kerrisdale Capital Management started right from his East Village apartment that he shared with three other friends. His private investment management firm is still in practice and has now reached high-profile status, and read full article.
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