SahmAdrangi first became known in 2010 and 2011 for revealing some fraudulent Chinese companies, including China Marine Food Group, CHina-Biotics, Lihua International and others. The China Education Alliance, ChinaCast Education Corp and many of his other targets began to be the subject to enforcement actions from the Securities and Exchange Commission. He started his financial career in credit and performed high yield leveraged loan debt financing’s at Deutsche Banks, as well as being an adviser to creditor committees in bankruptcy and out of court restructuring situations at Chanin Capital Partners. He graduated with a bachelor’s degree in Economics from Yale University. Before his investment banking experience, SahmAdrangi spent multiple years working at Longacre Management, a multi billion dollar distressed debt hedge fund. He is the Founder and Chief Investment Officer of Kerrisdale Capital Management. He has heavily contributed to and been involved in every feature dealing with the evolution of his firm since he created it in 2009. Having less than $1 million to start the company, SahmAdrangi’s firm manages $150 million as of July 2017. While being most recognized for his publishing research and short selling, he shares the firm’s views on stocks that the market misunderstands, whether under followed long shots or over-hyped shorts.
Kerrisdale Capital Management’s research hopes to correct the mainly held misunderstandings about companies’ fundamental business prospects. The firm has raised almost $100 million from investors to bet against one stock. Its new co-investment fund is apparently the first of its kind, as Hedge fund managers sometimes gather money to focus on particular investment thesis’s. But Kerrisdale is using the money to short the stock on a public company that has not yet been unveiled. SahmAdrangi has taken on the role of an activist in multiple investments. He involved himself with Lindsay Corporation management to advance the company’s cash deployment and capital allocation policies in 2013. He led a proxy contest to change the directors of Morgans Hotel Group with 2 directors from his slate elected in 2014.