SahmAdrangi, Activist And Founder Of Kerrisdale Capital

SahmAdrangi Founded the Kerrisdale Capital Management in 2009. He is also the Chief Investment Officer and is practically involved in all the aspects of the firms’ development over the years. He started the company with a capital of 1 million dollars, to date; the company manages over 150 million dollars. MrSahmAdrangi is also known for his shorting and exposing fake and fraudulent Chinese organisations such as the China-Biotics, China Marine Food and Lihua International in 2010 and 2011. Some of the target companies such as ChinaCast Education Corp and China Education Alliance became subject to investigation action from the Securities Exchange Commission. These activist activities helped MrAdrangi create a reputation for himself.
Kerrisdale is a corporation best known for short selling and sharing research on stock markets. MrAdrangi believes in sharing the views on the stock market exchange such as overhyped shorts and under-followed longs, concepts that are considerably misunderstood by the general public. In the past few years, SahmAdrangi has concentrated the company’s efforts on some particular sectors of expertise. These include the biotechnology field where Kerrisdale has published numerous research on development stage companies such as Sage Therapeutics, Bavarian Nordic, and Zafgen among others. Another area of interest is the mining sector where the firm has focused on the market estimation as well as the marketing predictions of the Northern Dynasty Minerals and the first Majestic Silver.

Kerrisdale has also shifted attention to the telecommunication sector and has been publishing many reports on this area, sharing cynical views on Dish Network, Globalstar, Viasat Inc. and Straight Path Communications. In 2014, SahmAdrangi uncovered the weaknesses of the Proposed Terrestrial Low Power Service (TLPS) by Globalstar. He did this in a live demonstration, and webcast, followed by a series of publications, ex parte letters filled with the FCC and a meeting with FCC.

Apart from Publishing research, MrAdrangi is also an activist who led a delegation contest to substitute the Directors of Morgans Hotel Group in 2014. In the previous year, he had engaged Lindsy Corporation Management to optimise the company’s cash deployment and capital allocation policies. He has also given speeches in numerous conferences including the Activist Investor Conference.

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