Kerrisdale Capital Management’s Chief Investment Officer is SahmAdrangi. Yale University granted Adtsngi a Bachelor of Arts in Economics. Kerrisdale was founded in 2009. Adrangi is its key person, and he involved himself in all matters related to the firm’s development. Adrangi, a known expert in leveraged finance investment banking, was employed with Deutsche Bank. He subsequently became an analyst at the multi-billion-dollar.
Longacre Management, which was a financially troubled debt hedge fund, and no longer operating. Adrangi’s uses Twitter and tweets its hedge fund’s positions. Well-known hedge fund managers have adopted this technique. In 2011 Adrangi achieved financial success when he shorted U.S. U.S.-listed Chinese companies. This success increased his hedge fund to $250 million in assets under his management.
SahmAdrangi’s Kerrisdale Capital Management is a short-selling firm. He has raised at least $100 million from investors to bet against a single stock, DISH Network Corp Kerrisdale’s portfolio includes a one of a kind co-investment fund.
A co-investment is a minority investment, which is made by investors alongside a private equity firm. The advantage of a co-investment is an excellent opportunity to make a profit and do not pay any private equity investment charges.
Hedge fund managers do not raise money to short sell a company. But Kerrisdale, a relatively small firm based in New York, plans to use the money to short DISH Network Corp’s stock. Kerrisdale manages approximately $500 million, including the money raised from its purchase and short selling of DISH Network. Kerrisdale has a history of betting against companies and taking its case to the public. Some of Kerrisdale’s recent activist short positions include satellite company Globalstar drug makers Sage Therapeutics Inc and Zafgen Inc.
Adrangi’s approach to investing is bold and brash, and he is convinced that his activist approach is attractive to the alternatives community. Hedge funds themselves are an alternative investment. Another form of alternative investment is purchasing stock secured by the purchaser’s stock portfolio.
In alternative investments, the hedge fund takes all the risks in alternative funding because the stock is not purchased on margin.