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CEO/Sahm Adrangi

SahmAdrangi: Taking Kerrisdale Capital Management to Greater Heights

Posted by JacobT on

News about Kerrisdale Capital Management betting against a certain stock has reached Reuters through a valid source. A high number of investors have backed the company in the bet and thrown in an amount rounding up to a hundred million dollars. Kerrisdale is taking the hedge fund market by storm, and their business practice displays uniqueness in the way they carry it out.

In the past, hedge fund companies have raised money to support certain investment thesis. This is a usual happening and is nothing close to what Kerrisdale is doing. The company, a small firm headed by SahmAdrangi, is planning on using the gathered cash to short the stock of a certain public company that is yet to be unveiled. This act has not been done before, and if it has, it must have gone unnoticed.

Mr. Adrangi mentioned that the amount that the company was able to raise was meaningful and was raised within a very short while. This means that they were able to convince a considerable number of people in the society. Adrangi confirmed that everyone in the company was aware of all the details involved in the venture. He also stated that he was working with Shane Wilson, a fellow analyst at Kerrisdale, to create a video, a report, a website and many other platforms to convince the basis of their thesis and why they think it’s going to work.

The anonymous source claimed that the company that was yet to be unveiled to the public would be announced in May. Despite efforts by the press, the source failed to spill the beans since the information was supposed to remain hidden from the public till then. In the meantime, the company was making the necessary arrangements to ensure that the venture prospered.

Adrangi, who is the Chief Investment Officer and founder of Kerrisdale Capital Management, has contributed to every huge stride that the company has made. The company was founded in 2009 and has been prospering over the years under the guidance of Adrangi. When being launched, Kerrisdale had less than one million dollars. Today, the company manages over one hundred and fifty million dollars and will continue to increase its worth in the coming years.

Doctors

Meet Eric Lefkofsky the Great Philanthropist and Entrepreneur

Posted by JacobT on

Eric Lefkofsky started doing business while in law school at the University of Michigan where he sold carpets. After school, he became the co-founder and CEO of Tempus. He leads the technology company in fighting cancer. Mr. Lefkofsky chairs Groupon by overseeing its activities in marketing since it is a global commerce market. He is also a co-founder of Echo Global Logistics, Uptake Technologies, Mediaocean, InnerWorkings, and Lightbank.

Eric Lefkofsky established Lefkofsky Family Foundation in 2006. The family institute works on improving the quality of life of the communities in the area. Mr. Eric Lefkofsky works in the management of Lurie Children’s Hospital of Chicago, Museum of Science and Industry and World Business Chicago, and Art Institute of Chicago. He is a member of the managing board of Steppenwolf Theatre. At the University of Chicago, Lefkofsky is an author and tutor.

Philanthropic Work

Education

The philanthropist supports educational movements in Chicago. He works with his loved ones to finance young children, disadvantaged youth, scholarship programs, and charter schools. Lefkofsky Family Foundation also develops tools for administrators and teachers like New Leaders and Educators groups. Eric Lefkofsky funds Moneythink program that provides instructors to teach financial education to schools in the urban region.

Health

Eric and his family have enabled many people access medical care hence changing their lives. They support centers that carry out research and treatment of lung cancer, thyroid cancer, and leukemia for children. He is among the donors who give to the organizations that deal with cardiovascular disease, food allergies, celiac disease, and brain tumors.

Human Rights

Lefkofsky Family Foundation has interest in the human rights. The institute financed the Human Rights Watch to help with fighting for rights of the protected group. Other movements that benefit from the family initiative include Planned Parenthood of Illinois, Education Center, and Illinois Holocaust Museum.

Tempus

Tempus is a technology company for battling cancer. It is building the largest library in the world for clinical and molecular data and an operating system to make the statistics accessible and useful. Tempus help healthcare professionals make personalized and real-time treatment decisions.