When most people think of investors and capital managers, they think of the smug, lazy, wealth-inheriting millionaire that only serves himself. Fortunately, there are hard-working risk takers like Sahm Adrangi to help break this conception of the world’s investment managers.
Sahm Adrangi is currently the founder and Chief Investment Officer at Kerrisdale Capital Management, LLC. Kerrisdale is renowned for its quick growth and ability to spot trends before other capital management firms. The Company was started in 2009 with a small loan that Adrangi obtained from his parents. With only $1 million in managed funds to start, Kerrisdale now boasts a portfolio of several companies and a fund management level of over $150 million. Some of the Company’s larger investments are Dish Network, Aeropostale, Lindsay Corporation, and the Cheniere Energy Partners.
As mentioned before, Sahm Adrangi was not born with a silver spoon in his mouth. When he was young, he was fortunate to get into Yale University. He graduated with his BA in Economics in 2003 and went straight into the workforce as a credit analyst for Duestche Bank. There, he learned about credit and how the business world worked in general. He soon found that he was less interested in credit and more interested in managing investments and helping companies capitalize on their earnings. Sahm Adrangi found himself as an analyst at the multi-billion dollar Longacre Fund Management company in short order. After learning the ins and outs of investment banking, he founded Kerrisdale.
Sahm Adrangi currently researches new potential investments and trends in the market, and he has brought many ideas about investments and business strategy to light. He has been lauded as being extremely gifted in finding under-followed longs and overhyped shorts. He has even brought to light several fraudulent schemes and Chinese companies such as Lihua International and China Marine Food Group.
Now Sahm Adrangi is looking for his next big move. He has already started to move from research into a more active investment role in a few of his areas of expertise, such as mining, biotechnologies, and telecommunications. There is little doubt that his next 15 years in the business will be just as interesting as his last 15 years.