How Sahm Adrangi Stays Successful On Wall Street

A recent article describes a former hedge fund credit manager who worked on Wall Street for several years. He recently decided to take a sabbatical from his career. He hasn’t decided yet whether he wants to return to Wall Street or retire from it instead in order to pursue other opportunities in his life.

This individual graduated from Penn State and then entered the financial industry in New York working for Merrill Lynch. He worked on the credit desk starting out and eventually earned a position on the bond desk. Eventually, his experience led to trading credit for a $3 billion hedge fund at another financial company, Longacre. During his time at Longacre he worked with another younger person in the financial industry, Sahm Adrangi. Later on he went on to make $6 billion shorting mortgage bonds during the 2007-2008 meltdown in the real estate industry.

Sahm Adrangi is also someone with several years of experience on Wall Street. In 2003 he graduated from Yale University with a BA in economics. He soon landed a position as an analyst for Deutsche Bank in New York. About one and a half years later he took the same position at another company, Chanin Capital Partners, also in New York. In this position he worked in the bankruptcy restructuring group. It was in 2007 that he had also joined Longacre Fund Management LLC as one of their analysts, using his expertise to help steer a distressed debt fund with $2 billion in assets under management.

Sahm Andrangi is now the chief investment officer at Kerrisdale Capital Management, LLC. He founded this investment company in April 2009 after having left Longacre. He now has $150 million in assets under management. The two things that Sahm Adrangi is best known for in the industry is short selling company stocks and publishing his research into the performance of companies around the world. Some of his biggest successes occurred with Chinese companies. In both 2010 and 2011 his research led him to realize that some of the companies were frauds. He shorted their stock and then printed his research showing that the companies were scam outfits, earning his company a lot of money an more