Browse Tag: CIO

Eastman Kodak Negative Report From Kerrisdale: Sahm Adrangi Believes

Sahm Adrangi is a founder and also a chief investment officer in Kerrisdale capital a management LLC. he is a firm developer of all the organizations since the year 2009 when it was founded. kerrisdale capital, an investment management which is under Sahm Adrangi and it focuses on events driven situations which have a special and also a long-term investment in their value. In addition, he also worked for Longacre fund management as the organization’s investment analyst. He also had a chance to work for Bankruptcy Restructuring Group that was located in Chanin capital partner. He acted as creditors adviser. He also recruited, assigned and acted as the bank debtor holders representative together with bondholders. He was the preferred equity committee, where he distressed the creditors and also the bankrupt companies.

More to that in his career, he has also worked in finance leveraged for Deutsche Bank. Sahm Adrangi helped in syndication and structuring of non -investment where he also brought high yield bonds in the bank that included financing a leveraged buyout which is in chapter 11 of debt refinancing and also exit financings.

Sahm Adrangi went for a formal education and garnered economics skills. After attending Yale University, he was awarded an Arts degree in Economics

The person acting as the private investment manager at Kerrisdale Capital published a report that was negative in nature trying to explain the short position that was at Eastman Kodak company. It had imaged on how the stock has raised in 187 percent since there was an announcement of the partnership in launching blockchain- that was enabling photo-centric cryptocurrency and also licensing a platform image. Kerrisdale also believed that the announcements were hollow and were meant to attempt to withdraw the ICO craze that had nothing to do with unsustainable capital and poor fundamentals of offset kodaks.

Kerrisdale organization had a position in the company that was short where the company stood and benefited when the share price went down.

The company, Kerrisdale made a call conference that was scheduled to be hosted on 7th February, a Wednesday at 10:30. the main theme will be discussed in the matter regarding the Kodak report.

www.imdb.com/name/nm1444924/