Sahm is a popular figure who appeared for interviews in the leading media outlets such as the CNBC as well as Bloomberg. He has featured in various publications such as the Wall Street Journal, The New York Times, the Business Week, The Business Daily, just to mention a few. In all the public appearance, one thing is common about Adrangi, that is the interest in the banking experience that he has had for decades.
The Yale University graduate, Adrangi is proud Holder of arts in Economics degree. After completion of his studies, he started off his career at Deutsche Bank in credit-performing and leveraged loan financing as well as at the Chanin Capital Partners where he served as a committee member in charge of credit advisor in bankruptcy and restructuring situations.
During Adrangi’s tenure, Kerrisdale Capital Management raised about $100 million to go against a single stock from its investors. An individual who understood the situation informed Reuters. It looks like the new Kerrisdale “co-investment” fund is the first of its nature. Hedge Fund Managers sometimes managed to raise money that would be channeled on specific thesis investment, such as the recovery of the troubled energy firms and the residential mortgage securities.
Also, the New York-based firm plans to invest the money in stocking a company that would soon be availed to the public. The company scheduled for its launch in Mid-May as reported by someone who spoke of anonymity because the information had not officially released to the public. According to the report, the company had already started establishing itself in the unnamed firm.
According to an email written by SahmAdrangi and revealed to Reuters, it is noted that within a short period, the organization had raised a significant amount of money. As a result, they had struck a chord within the alternative community. Besides, Sahm partnered with Shane Wilson- an analyst at the Kerrisdale Capital Management. The duo was the brainchild of the thesis which they were planning to present. They had started working on a report, video, and website to convince others about their hypothesis.