SahmAdrangi is undoubtedly a seasoned entrepreneur. Apart from his impressive resume, he is also widely known for raising over $100 million from investors with the sole intention of betting against a single stock, according to verified sources from Reuters. As the head of Kerrisdale Capital Management, Adrangi is undeniably disrupting the status quo by launching an investment fund, which is widely considered to be one of its kind.In most cases, investment managers consider raising funds to pursue a single investment option such as residential mortgage securities and distressed energy companies. Despite its upcoming status, Kerrisdale is on course to revamp its image from a New York-based firm to a multinational corporation.Adrangi recently hailed the positive strides made within a short time by praising the capital’s massive contribution to the project. Additionally, the joint venture also focused on striking a chord with the local community. By taking a company worth over $10 billion, SahmAdrangi firmly believes that they have what is required to achieve set goals and objectives.To ensure the unrivaled success of the program, Adrangi sourced the assistance of Shane Wilson to assist with drafting reports, developing websites, and revamping the upcoming campaign. According to reliable sources, the target company is slated for launching in mid-May as plans get underway to establish the stock’s position within the company.Despite managing over $500 million, Kerrisdale shows no signs of slowing down courtesy of its stellar reputation for taking cases public, successfully betting against established companies, and raising additional revenue. Since its inception, the company’s portfolio includes dalliances with Zafgen, Globalstar, and Sage Therapeutics.
Aged 33, SahmAdrangi has achieved what has taken most individuals decades to do. As a brilliant chief investment officer, Adrangi has successfully built a reputation based on delivering success beyond expectations and generating staggering revenue for his firm. Before holding the CFO’s mantle at Kerrisdale, Adrangi previously served as an analyst for various institutions such as Longacre Fund Management and Chanin Capital Partners.Adrangi also served at the Deutsche Bank finance group as he built upon his experience. While at the Bank, he is credited with syndicating and structuring non-investment bank debts including leveraging buy-out financing.