Kerrisdale Capital Management’s Founder: Sahm Adrangi

In 2009, Sahm Adrangi formed Kerrisdale Capital Management with just under $1 million. Throughout the years, he has stayed very much involved in the firm’s evolution. Well over $150 million is now under the management of Kerrisdale.

Despite the fact that Sahm Adrangi’s short selling achievements can be rather excellent, he is perhaps even more well-known for distributing analysis concerning businesses which he thinks the market still maintains misguided beliefs on. Two varieties of stocks which he routinely releases Kerrisdale’s assessments about are under-followed longs and shorts he suspects are actually over-hyped.

The Securities and Exchange Commission,in fact, began to take enforcement actions against several of the companies that Sahm Adrangi identified as being dishonest, like ChinaCast Education Corp and China Education Aliiance. He obtained a ton of interest immediately after shorting and publicly revealing several of these devious Chinese companies during 2010 and 2011.

A great deal of different businesses and market sectors are actually the focus of the publications, yet Sahm Adrangi’s focal point has, currently, moved towards a small number of industrial sectors that Kerrisdale has specialist knowledge on. The biotechnology industry is one of them, and he has distributed information on Bavarian Nordic, Zafgen, Pulse Biosciences, Unilife and more. The analysis is in most instances targeted to the progress periods of such companies and their long term chances of success.

Deutsche Bank was actually the workplace at which Sahm Adrangi first started his successful professional career in the world of investment. There, he worked with loan debt financing, both high-yield combined with leveraged. He eventually worked for a few years with Longacre Management, a hedge fund managing billions.

Adrangi was awarded his degree, a Bachelor of Arts in Economics after his graduation from the prestigious Yale University. By means of the interest he’s achieved, both from his investing profits and through his analysis, countless finance conferences allowed him the option to contribute his know-how by talking with numerous other investors.

The Legacy of Real Estate Maverick Hussain Sajwani

Saudi Arabia in recent years has become very well known for its booming real estate industry and the fantastical and glitzy buildings which have come out of it. However, long before this boom ever went mainstream there was one man who was already making in-roads into potential of the foreign interest in Saudi Arabia, Hussain Sajwani. Sajwani was born the son of a successful businessman who instilled in him a interest in business and taught him many tricks of the trade. After he came of age Sajwani got his first big break working for the internationally well known oil company, the Abu Dhabi Gas Industries Limited, a major natural gas company located in and operating out of, the United Arab Emirates (UAE). After two successful years of working with Abu Dhabi Gas Industries Limited, Mr. Sajwani moved out on his own, taking all of the skills and contacts he had acquired and used them to create his own company, a catering firm which serviced those who were far away from typical supply lines such as the US military forces. The company was a smash hit and wound up becoming known as Global Logistics Services.

 

After this venture took of and expanded, in 2002, Hussain Sajwani created another company and the one for which he would eventually end up becoming most famous for, the real estate firm, DAMAC Properties. DAMAC Properties was very different from many other Arabian real estate companies in that it largely catered to foreign interests in the region and helped to foster a whole new emerging market in the Middle East. The company grew quickly and today has over 44,000 different plots under development with approximately 19,000 already fully developed. After making great headway into the real estate market, Hussain Sajwani crossed the path of another well known real estate mogul, Donald J. Trump, now president of the United States of America. The two struck up a friendship and began developing golf courses together; it is because of this relationship that Sajwani is sometimes referred to humorously as, The Donald of the East.

 

Today he is considered one of the wealthiest Arabs in the entire world and one of the single most successful and talented businessmen in all of the United Arab Emirates. Currently, he lives with his wife of may years and his four talented children in Dubai.

 

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