Sahm Adrangi Becoming a Force to Reckon with In the Investment Sector

Sahm Adrangi Becoming a Force to Reckon with In the Investment Sector

Sahm Adrangi Becoming a Force to Reckon with In the Investment Sector

 

Sahm Adrangi is a reputed short seller and research publisher. He is also the founder and CEO of Kerrisdale Capital Management a New York based company. Kerrisdale Capital was founded in 2009 and it is a key advocate of soft activism investment strategy and tries to create catalysts by sharing investment ideas with the world. This has been possible thanks to Sahm experience in the investment sector and his education background.

 

Adrangi is a Bachelor of Arts in Economics degree holder from the Yale University. Before founding and managing Kerrisdale Capital Management, Adrangi worked at Longacre Fund Management as an investment analyst. He was in charge of investment analysis and research in the equity and credit fund division in the organization. He also worked at Chanin Capital Partners a bankruptcy restructuring group before joining Longacre Fund Management. Prior to joining Chanin Capital Partners, he helped Deutsche Bank structure and collect non-investment grade bank debt and controlled buy-out financings.

Sahm Adrangi Investment Activism

Adrangi has played great roles in enlightening investors not only in New York, but also in many parts of the world. He has been a speaker at numerous conferences and an investment activist. New York Times, Wall Street Journal and major publications have also featured Mr. Adrangi in their work. His role in value investing conference as well as Distressed Debt investing conferences has also been profound.

Adrangis activism in the investment sector has led to the now famous line “Sahm Adrangi Negative Report.” This is a short position common in short selling and research publishing that Adrangi has used to address numerous investment issues. He published a negative report explaining in short how he does not approve QuinStreet, Inc. despite its stock quadrupling recently. According to Kerrisdale, the company manager doubts the sustainability and quality of the QuinStreet firm arguing that it has benefited from bogus web traffic.

 

Other companies that Adrangi and his Kerrisdale Capital Management have published negative reports explaining his short outlook include The St.Joe Company and Proteostasis Therapeutics among others. This report and research is shared in Kerrisdale website, social media and investment related websites.

 

http://www.zerohedge.com/news/2017-05-09/kerrisdale-capital-reveals-latest-short-selling-target-will-it-be-next-straight-path

Sahm Adrangi on David Zalik’s Greensky Credit: Entrepreneurial Spirit

David Zalik is a business magnate and CEO of a technology financial institution, GreenSky Credit. Based in Atlanta, Greensky Credit offers an online platform for acquiring loans. The major beneficiaries of these services are homeowners seeking home improvement project funding or loans for their housing industry. Zalik immigrated to the United States from Israel at the age of four. Settling in the US came after the parents separated where he moved with the father to Alabama. His father became a mathematics professor at Auburn; a trend which he too followed.

When he got to the high school level, the founder of Greensky Credit joined Auburn. However he was much of an entrepreneur than a social kid. His skills began at fourteen where he started buying computer parts and assembling them on his own. From his work, he pocketed $900 on every $2000 sales he made in his initial assemblies. In time, he was able to truncate the number of hours he used to assemble into assembling 40 PCs within a period of 30 minutes. From this, Zalik bought himself a Honda Civic. Surprisingly, he didn’t graduate and instead dropped to focus on his firm, MicroTech a computer assembly company. This company was later sold in 1996 with a total of 20 employees.

After selling MicroTech, he moved to Atlanta where real estate business was blooming at the time. Here Zalik invested fully in commercial real estate division. A few years later, he created a consultancy website Outweb. The birth of Rockbridge Commercial Bank came in 2006 with Zalik in the frontline. The start-up was an attraction force for local investors including billionaire Bernie Marcus – the cofounder of Home Depot. Apparently, the bank failed and collapsed which cost him a $500,000 investment and a court case.

Remarkably, it was from all these predicaments that GreenSky Credit was born. Zalik decided on this name with reasoning that green meant energy and growth. The company urged home contractors to try with the small businesses. GreenSky Credit has now moved the managerial headquarters into a glass skyscraper across township. However, now that GreenSky has coursed past unicorn rank, Zalik has no interest in shifting its culture.

 

https://www.greenskycredit.com/markets-we-serve/