Back in 2009 Kerrisdale was founded with less than a million dollars, now Kerrisdale manages more than $150 million with its founder, Sahm Adrangi carefully watching the whole way. Kerrisdale is a investment management firm that deals and publishes research with a goal to help people better understand what is misunderstood by the mass of the market.
Sahm Adrangi holds a bachelors in economics for Yale, where he graduated from in 2003. After graduating from Yale Sahm Adrangi spent a few years working as an analyst for both Chanin Capital Partners and Longacre Fund Management, LLC before founding his own company in 2009.
Shortly after Mr. Adrangi started Kerrisdale he exposed many chinese businesses as being fraudulent. In 2010 and 2011 he exposed companies such as China Marine Food Group, China-Biotics, Lihua International. China Education Alliance and ChinaCast Education Corp as well as others found themselves in trouble with the Securities and Exchange Commission.
Kerrisdale shares research in many different subjects but there are a few that Sahm Adrangi is keeping the company focused on, such as biotechnology, the mining sector and the telecommunications sector. Within these fields there have been many companies that Sahm Adrangi has questioned including First Majestic Silver, Dish Network and Straight Path Communications.
But Mr. Adrangi does not only work in outing companies, he also plays an active role in helping companies. He helped the Lindsay Corporation in 2013 with their cash deployment and capital allocation policies.
Sahm Adrangi has come so far in such a short time that he has caught the attention of many publications including the Wall Street Journal, Bloomberg and the Washington Post. He also has impressively been speaker at conferences such as Sohn Conference, Distressed Debt Investing Conference, Traders 4 a Cause, Value Investing Conference and the Activist Investor Conference.