Whenever Kerrisdale Capital Management is mentioned, Sahm Adrangi has to come to mind. Besides being the company’s founder, he is its Chief Investment Officer. Sahm launched the company in 2009 and has taken part in every aspect of its development. When launching Kerrisdale Capital Management, Sahm had under $1 million. Presently, his company manages more than $150 million yearly. Mr. Adrangi is renowned for publishing research and shares his company’s analysis on stocks including overhyped shorts as well as under-followed longs. Kerrisdale’s research is shared on Twitter, its website, and on third-party sites.
How Mr. Adrangi came to the Limelight
People came to know of Mr. Adrangi back in 2010 and 2011 when he exposed fraudulent Chinese companies, Lihua International, and China Marine Food Group and many others. Several of his targets including ChinaCast Education Corp were subjected to strict enforcement actions by the Commission of Securities and Exchange.
Although Kerrisdale‘s research is spread across various companies and industries, most recently, Sahm has decided to focus the company’s efforts to specific sectors including biotechnology. Kerrisdale also focuses on the mining sector where it has questioned market valuations as well as mining prospects of Northern Dynasty Minerals and First Majestic Silver. The company has also published a lot of reports on the telecommunications industry where it has shared incredulous views on ViaSat Inc., Dish Network, and Globalstar.
Besides publishing research, Sahm assumed the role of an activist in various investments. For instance, back in 2013, Mr. Adrangi worked together with Lindsay Corporation management in an effort to optimize capital allocation policies and cash deployment of the company. In 2014, he helped replace Morgans Hotel Group’s directors.
Sahm began his career at Deutsche Bank. He also worked at Chanin Capital Partners before spending several years at Longacre Management. He studied at Yale University where he obtained his BA in Economics. Adrangi has spoken at several conferences such as the Activist Investor Conference, the Sohn Conference, and Value Investing Conference. Moreover, Sahm has appeared on numerous interviews on Bloomberg and CNBC. He has also been featured in several publications, including the New York Times and the BusinessWeek.
Sahm Adrangi’s Social Media: twitter.com/sahmadrangi