Tag: resource companies

Sahm Adrangi Is A Investing Activist

Kerrisdale Capital Management CIO, Sahm Adrangi, started up the company back in 2009 after he retired from his highly successful venture on Wall Street. With less than 1 million dollars, Sahm started the company up in New York City, and as of 2017, the company’s total assets have surpassed 150 million dollars thanks to Sahm’s efforts.

For years, Sahm worked as an analyst for a variety of different companies, including Longacre Fund Management, Deutsche Bank, and Chanin Capital Partners. Sahm Adrangi worked as an advisor for creditors as well as participate in a leveraged finance group. Thanks to Sahm, Longacre Fund Management reached more than 1 billion in distressed debt during his time there as he spent much of his time working in high yield bonds and bank debt syndication. Sahm improved on the deployment of cash at the Lindsay Corporation along with the process of capital allocation.

Sahm Adrangi was responsible for exposing the Chinese corporations of their fraudulent activity, including China-Biotics, Luhua International, and Marine Food Group. After selling stocks short for the various fraudulent companies, Sahm has investigated into a variety of other industries such as telecommunication and mining. Through Kerrisdale, Sahm has expressed his concern with the telecommunications industry, especially in weaknesses that are currently out there. With the outlook of profits seeming to be low on the mining markets and various resource companies, Sahm has a lot of research guiding him through this year.

Sahm Adrangi has spoken at a variety of different conferences such as the Sohn conference, Value Investor conference, Activist Investor conference, and more. In early 2017, Sahm published an article called Nothern Dynasty: The Pebble Deposit Isn’t Commercial Viable. Many videos of Sahm’s interviews can be viewed online, with interviews with the likes of Bloomberg and CNBC as well as the New York Times, Wall Street Journal, Washington Post, and more.