Having a true sense of the business environment is extremely important to any investment firm. Many firms will go out of their way to get the best researchers that are able to spot the trends that nobody else can. Kerrisdale Capital Management, LLC was lucky enough to have one of the most gifted researchers of the decade, Sahm Adrangi, fall right into their laps upon their founding.
Sahm Adrangi started his career in 2003, shortly after graduating Yale University with his BA in Economics. Interested in the business world and how companies create leverage, he became a credit analyst first at Duestche Bank and then at Chanin Partners. Ever in search of a more interesting career path, Sahm joined the multi-billion dollar portfolios of Longacre Fund Management as an analyst. There he learned exactly what it meant to be an investment banker. With a $300,000 loan from his parents, Sahm Adrangi created a new company called Kerrisdale Capital Management.
Kerrisdale started with a portfolio of just $1 million and has quickly grown to having over $150 million in managed funds. This growth was due, in large part, to the research and investment strategies put out by Adrangi on a daily basis. Much of this research has to do with finding those trends that nobody else has thought of, such as finding shorts that have been overhyped by other investors, or those longs that are not being purchased at the rate they should be. He will also use his research to challenge how the market is looking at a specific sector, or to change the understanding of certain business strategies that a large firm is taking. Adrangi has even used his research to spark investigations into certain companies that has uncovered fraud.
Now Sahm Adrangi has taken a new step in developing an expertise in telecommunications, biotechnologies, and mining. With this new knowledge and body of research, he is hoping that he can help to create a larger portfolio of managed funds for Kerrisdale and bring a larger bottom line to the companies that he advises. Sahm Adrangi is definitely a banker to watch in the future.