In the recent past, Sahm Adrangi raised $100 million to bet against a single stock. The Kerrisdale Capital Management’s chief investment officer raised the money from investors across the company. The bet will be the first of its kind. Investment companies have always raised funds to finance the recovery of ailing companies rather than to bet against a single company’s stocks. This investment approach has seen the recovery of distressed energy companies and residential securities. Kerrisdale’s new ‘co-investment’ fund deviates from this tradition. Kerrisdale Capital Management is a revered investment firm that is based in New York.
In an email addressed to investors, Adrangi said that he was pleased with the success of the fund-raising drive. He notes that despite the short notice, the investors were able to contribute the amount that the company needed to invest using a new strategy in the industry. He confirmed his confidence that the bet would be successful and every investor would get his or her returns. Adrangi is working closely with an analyst of Kerrisdale, Shane Wilson, to market the company’s upcoming campaigns. The duo is working on video, reports, and website contents to explain in detail the campaign to other investors. They hope that this strategy will help to convince the investors to invest in their future campaigns.
Presently, Kerrisdale has over $500 million under its management. It is has a history of successfully betting against companies and disclosing the information to the public. In the recent years, it has short companies such as Zafgen, Sage Therapeutics, and Globalstar.
About Sahm Adrangi
Sahm Adrangi is a respected financial expert and trader. The investor is the founder of the Kerrisdale Capital Management. He incorporated the company in 2009 with less than $1 million. Over the years, the company has grown exponentially.
Adrangi started his career at Deutsche Bank where he was charged with the duty of managing the company’s high-yield and leveraged loan debt financing. In addition, he worked for Chanin Capital Partners as a credit advisor. Adrangi has delivered speeches at some of the world’s key conferences, including the Distressed Debt Investing Conference and the Value Investing Conference. The shrewd entrepreneur is an alumnus of the prestigious Yale University where he pursued his Bachelor’s of Arts degree in economics.
To Learn More : https://www.linkedin.com/in/sahm-adrangi-3548541
Mr James Dondero became a highly valued member of the Executive Board of the well regarded Southern Methodist University (SMU) Cox School of Business in the later months of 2016. The board is made of about a one hundred members. They are not scholars; they work in various industries and provide useful advice regarding many matters of the Cox School of Business. The Board of executives has three meetings every year in the seasons of spring, autumn and winter that are used for discussions and establishing new projects for the future.In an interview, Mr James Dondero shared that his becoming a part of the Executive board of Cox School of Business will strengthen the bond between the academic institution and his company which has been a supporter of the business school for many years.
Mr James Dondero is an entrepreneur and investor who have had more than 30 years of professional experience working with credit and equity markets. He is the co-founder of Highland Capital Management (HCM). Mr James Dondero is occupying the position of President. The company joined the industry several years ago. Highland Capital Management is a giant in its line of work. The company is most proficient at the development of loan solutions as well as CLO (Collateralized Loan Obligation). Highland Capital Management provides its services mostly to investors in the business of retail and other industries. HCM has a reach all around the globe.
Mr James Dondero graduated with honor from the University of Virginia. He is also a former student of the McIntire School of Commerce. From there, he received a degree in the disciplines of Finance and Accounting. Mr James Dondero has had decades of professional experience working at a number of places. He used to be a member of the staff of the IC subsidiary called Protective Life. There, he was Chief Investment Officer and he also worked for the leading American Express as a Portfolio Manager.Today, Mr James Dondero is President of HCM, Chairman of NexBank and NexPoint Residential Trust. He is also a member of Cornerstone Healthcare, CCS Medical, MGM Studios and Jernigan Capital. Read full article : https://www.highlandfunds.com/james-dondero/
Small investors find it hard to get capital for their business from banks due to the high interest and tight rules and regulations of the banks. Some individuals as well as organizations have seen the gap and purposed to fill it by establishing alternative financial institutions to assist the Small and Medium Enterprises.
Ascendant Capital is one of the leading alternative investment institutions that is based in Austin, Texas. The financial institution has international capabilities and delivers tailor made services and products to their diverse clients. Ascendant Capital LLC primarily focuses on income-producing private equity. Ascendant Capital believes in understanding the needs and the market trends for their customer’s satisfaction. Ascendant sources and partners with high-quality fund managers to generate a differentiated policy to meet the needs of their clients. The boutique alternative investment firm also consults, market, and services their products to ensure that their relationship is of high quality.
Ascendant Capital LLC is built on a strong foundation with a mission of being a trusted partner of alternative investment plan and redefines the view of alternative investment. Ascendant Capital LLC has experienced experts who offer policies that are tailored to the market, as they deal with their relationship with their customers, sales and marketing group. The organization understands the importance of their clients, and work towards building a shared relationship with partners in business, their clients, as well as their employees.
Jeffery Schneider is the founder of Ascendant Capital LLC. Mr. Jeffrey is passionate about finance, and he is described as financial professional who has been excellent in his endeavors as a financial expert. Jeffery has served in other financial firms including; Alex Brown and Sons, Smith Barney, as well as Merrill Lynch. His vast experience in the financial field has seen Jeffery hold various executive positions in different organizations including; Paradigm Global Advisors, and Axiom Capital Management. Jeffry Schneider is a degree holder from the University of Massachusetts, Amherst. Mr. Jeffry is a proud father who enjoys eating healthy and keeping fit. Jeffery has also participated in several marathons including ironman and half ironman. He is also loves adventure and he travels around the world. Jeffry is also a great believer of helping others and he contributes in charity works including; God Loves We Deliver, Wonders and Worries, Cherokee Home for Children, and the Gazelle Foundation.