Business, Financial Industry

The Biography of Sahm Adrangi

Sahm Adrangi started his career at Deutsche Bank, where he worked on performing high-yield financings and leveraged loan debt portfolios. He later on began advising creditor committees on out-of-court restructuring situations and bankruptcy at Chanin Capital Partners. Years later, he grew his investment banking experience by working at Longacre Management, a multi-billion-dollar hedge fund. He possesses a bachelor’s degree in Economics from Yale University.

Concurrently, Sahm Adrangi has participated as a speaker in many conferences, including the Value Investing Conference, Traders 4 a Cause, the Activist Investor Conference, the Sohn Conference and the Distressed Debt Investing Conference. He has also been featured in several interviews by Bloomberg and CNBC. Some of his major publications have been featured in BusinessWeek, the Washington Post, the New York Times, and the Wall Street Journal.

In 2014, Sahm Adrangi led a proxy contest that led to the replacement of Morgans Hotel Group directors. Later the same year, he used his live webcast to show how the Terrestrial Low Power Service (TLPS) proposed by Globalstar had weaknesses that proved the process unworthy of the risk. He was also responsible for the optimization of capital allocation policies and cash deployment principles for Lindsay Corporation in 2013. Sahm Adrangi has published many reports on other telecommunication companies, including Straight Path Communications, ViaSat Inc. and Dish Network.

Another industry that Sahm Adrangi has focused own and helped to show the development stage of companies is the biotechnology sector. In his reports, Sahm showed the progress of Zalgen, Unilife, Sage Therapeutics, Bavarian Nordic and Pulse Biosciences, among many others. He also assisted the Securities and Exchange Commission by providing shortfalls of two fraudulent Chinese companies, China Marine Food Group and Lihua International.

He is best known for publishing research on stocks and focuses on over-exaggerated shorts and under-followed longs. As such, his process on showing misconceptions and raising alarm in fundamental business prospects is one of the reasons he has become a household name. He runs his articles through third-party websites, Twitter and his own research website. He is the founder of Kerrisdale Capital Management that has over $150 million in its portfolios as of July 2017.

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