Sahm Adrangi founded a company known as the Kerrisdale Capital Management LLC in the year 2009. The company’s primary focus is conducting extensive research on the long and short-term investments that most people in the market do not understand. Under his experienced command, the research expanded to include other fields like biotechnology and communication.
One of his major successes a few years after launching the company was the uncovering of Chinese companies. These companies operated illegally, and it earned him great recognition among other investment bankers.
Other than being the CEO of Kerrisdale Capital, Sahm Adrangi also receives a lot of invitations to attend conferences where he speaks about Investment banking. Some of the conferences that he attended include: The Sohn Conference, The Activist Investor Conference, and The Distressed Debt Investing Conference among others.
Before forming Kerrisdale, he worked at Longacre Fund Management, where he was responsible for undertaking researches in the financial market, and preparing reports for presentation. He had also worked at the Chanin Capital Partners where he helped creditors get out of compromising situations.
Investment at Luxoft Holding
Luxoft Holdings had been experiencing a period of high trade of shares until July 2017, when the number of shares traded decreased by 50.30%. After the drop, Kerrisdale Capital that had been investing in Luxoft from the beginning increased their investments by 19.27%. By the end of the first quarter of 2018, the hedge fund that is led by Sahm Adrangi controlled 734,056 of the Luxoft Holdings shares. These shares are equivalent to a money value of $30.06 million. For him to have allowed more investments to be made on Luxoft Holding, he must have foreseen a great future . It turned out to be true since Luxoft is still operational, and able to overcome the challenges in the economy.
Investment at the Jones Lang Lasalle- JLL
Kerrisdale Investments, under the direction of Sahm Adrangi, increased the investment at JLL by 160.19%. They achieved this by buying 29,216 of the company’s shares. By the end of the first quarter of 2018, 47, 617 shares were under the control of Kerrisdale. It represented $8.32 million in monetary terms. During the last quarter of the year, the trading stock decreased by 0.78%, and 63,657 of the shares got traded.