The retirement age is increasing in the United States, but that has no affect on Sahm Adrangi. Recently retired at the youthful age of thirty five,Sahm Adrangi decided to get out of the rushing world of Wall Street and settled down outside the city of New York.
Beginning his career at Deutsche Bank, he quickly moved up their ranks to being an analyst at the multi-billion-dollar distressed debt hedge fund. He moved on from there to work at Chanin Capital Partners as an advisor for creditor committees in bankruptcy. He has also worked at a multi-billion dollar distressed debt fund Longacre Management subsequent to getting into the investment world. He has become quite famous for his workings with fraudulent Chinese companies. His working with the companies and subsequently ripping off the companies has landed those Chinese companies in hot water with the Securities and Exchange Commission. This is where his fame began, as he continued to push the envelope with shady companies, he continued to amass his wealth. It was 2010 and 2011 when he exposed China Marine Food Group, China-Biotics, and Lihua International that he began making a bigger name for himself. He eventually has acquired enough wealth to start his own company, Kerrisdale Capital.
Kerrisdale Capital was founded in 2008, with a fortune of $1 million dollars. Now just under a decade later, Sahm Adrangi and Kerrisdale Capital now manage $150 million dollars of wealth. The wealth increase has been a result of Sahm Adrangi moving investments to other areas. Biotechnology is one of the new areas of investment with the company purchasing a multitude of companies that will provide new avenues for revenue. The mining sector is another area of investment along with telecommunications. Both of those sectors continue to rise and provide ample investment opportunities for Kerrisdale Capital and more