SahmAdrangi has successfully raised over $100 million. The investor plans to use this money to bet against a single stock. The investor raised the money through Kerrisdale Capital Management, his investment company. Sahm is both Kerrisdale Capital Management’s founder and chief investment officer.The money will be invested through Kerrisdale’s new ‘co-investment’ fund. According to industry experts, this will be the first time for such an investment drive to be conducted in the United States. They noted that SahmAdrangi’s company has ventured into a new field of investing raised funds. Previously, companies have mainly used similar funds to invest in traditional fields such as helping distresses energy companies to recover. The funds have also been used to enhance the recovery of residential mortgage-backed securities. However, Sahm’s small investment firm is seeking to use the money to short the stocks of a public company that is yet to be unveiled. SahmAdrangi incorporated Kerrisdale Capital Management in 2009. The company is based in the city of New York.
SahmAdrangi is an American trader, financial expert, and a shrewd entrepreneur. He has loads of experience in investing in stocks. Sahm has used his vast market knowledge found a company that offers innovative products. The firm focuses on helping investors to make handsome returns from investing in different stocks.The trader made a name for himself in the competitive financial industry by shorting many fraudulent Chinese companies. Presently, the Securities and Exchange Commission is investigating a number of these fraudulent companies. His success in short research activism earned him recognition from different financial experts around the globe.SahmAdrangi began his career in the financial industry as hedge fund manager by working for Deutsche Bank in the investment banking division. In addition, Sahm served as an analyst for Longacre Management, a renowned multi-million-dollar distressed debt hedge fund. The shrewd investor also rendered his services for Chanin Capital Partners as an analyst. The executive graduated with a Bachelor of Arts degree in economics from Yale University, one of the prestigious universities globally. The investor attributes his success to the business skills he gained while he was pursing his studies at the university.