Sahm Adrangi on the Lead As Kerrisdale Capital Management Raises $100M in Record Time

Sahm Adrangi is among the most daring hedge fund managers the investment world has ever known. Among the daring projects he has undertaken in recent times was in April last year when he led his company- Kerrisdale Capital Management- in raising funds for an unnamed public company. Within a short duration, Adrangi managed to raise well over $100 million from investors who were interested in placing their bets against the single stock. The funds were being channeled into a co-investment fund which was targeted to hit $10 billion. As for the company in which Kerrisdale wanted to invest in, sources indicated that it was to be unveiled in a matter of months from April last year.

Raising the Funds

Raising such a huge amount is not a kid’s play especially because Kerrisdale Capital Management is just a small investment management firm. With the investment genius as CIO, however, the New York City-based firm has what it takes to do even the unimaginable. An insider revealed to Reuters that Adrangi was writing emails to America’s top investors seeking to popularize his initiative and they were responding well. He also used the emails to share more on the insights he had about the company he sought to invest in.

To achieve its objective, Kerrisdale had to come up with a campaign plan. Adrangi appointed Shane Wilson, an experienced analyst at the company, to work with him in coming up with an effective campaign. The duo compiled relevant reports about the company, designed an informative and updated company website, and convincing videos; all these were to be used as campaign material. An anonymous insider reported to Reuters that the progress was good as at April 2016, with the fund having already bought some stock in the unnamed company.

About Sahm

Sahm Adrangi has been a financial expert since he graduated in 2003, having completed a B.A Economics degree at Yale University. He then gained investment experience by working for Deutch Bank and Chanin Capital Ventures as an analyst.

Before founding Kerrisdale Capital Management in April 2009, Adrangi was working as an analyst at Longacre Fund Management LLC. He had joined Longacre in April 2007.

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