New York City’s Kerrisdale Capital Management, Led by SahmAdrangi, Raise Capital For a Target Company

Kerrisdale Capital Management, with the guidance of SahmAdrangi, made a daring move by betting against a single stock last year. To achieve this, the New York-based company organized for rounds of funding that had yielded over $100 million by April 2016. Sources privy to information about the whole situation revealed that Kerrisdale Capital was interested in investing in a public company that was in the processes of being established.

Raising Funds for a Target Company

SahmAdrangi boldness was put beyond reasonable doubt after he diverted from the obvious. Ordinarily, hedge fund managers start by identifying existing investment portfolios and then raising funds towards one particular portfolio. Adrangi also proved to be an effective hedge fund manager for having managed huge amounts of funding in an extremely short period. Given the small size of Kerrisdale in comparison with other capital management firms in New York and the USA at large, SahmAdrangi deserves all the commendation and admiration within the finance industry.Information privy to Reuters indicated that the unnamed public company that Kerrisdale was to invest in was valued at $10 billion. Reuters was also aware that Adrangi had written and sent emails to several investors, to whom he sought to sell the ideas in connection with the company. According to Reuters, Adrangi’s main strategy was first to make the investors adapt and own up the company before they committed their money to it.To familiarize the target company to investors, SahmAdrangi was said to have staged serious campaign including on digital platforms. An insider told Reuters that Adrangi had included Mr. Shane Wilson, an analyst with Kerrisdale, in the campaign team. Together, they were to make campaign videos as well as a well-established company website. The sources also pointed at a possible opening of the target company to be around a mid-last year.

About Sahm

SahmAdrangi is a financial expert based in New York and currently serving as the CIO at Kerrisdale Capital Management. Sahm qualified as a financial expert after completing a bachelor’s degree in economics from Yale University.Prior to his current job, Sahm spent a substantial amount of time sharpening his management skills at Deutsche Bank, Chanin Capital Partners, and Longacre Fund Management.

Source of the article : http://www.insidermonkey.com/hedge-fund/kerrisdale+capital/672/

Marc Sparks and Finding the Right Kind of Success

Marc Sparks and his accomplishments create a story about success that is not commonly seen among other individuals. Instead of taking the time to find his own niche in the industry, Mr. Sparks immediately jumped headfirst into the world of growing businesses and holds some very inspirational insight about the entire process. Culminating in the release of his own book, the journey of Marc Sparks is real-life motivation to pursue one’s dreams and build a unique form of success.

Mr. Sparks graduated from high school in 1975 and did not waste any time beginning to invest in startups. He has been involved as a principal in dozens of new businesses, leading to over 30 years of experience in entrepreneurship. The various outcomes of each venture are what have given Marc Sparks just a diverse vision of how to nurture a proper business model and use leadership skills in teaching others the same qualities.

The determined nature of Mr. Sparks to create success is even apparent in the layout of his offices. He stresses having an open flow to the work area and displays this in how his staff’s workspaces are set up. Mr. Sparks states that the flowing layout of an office is vital in creating positive working relationships and allowing a business team to collaborate efficiently. Learn more: https://www.facebook.com/marc.sparks1

Most recently, Mr. Sparks founded Timber Creek Capital, which is a private equity firm that specializes in maintaining only a handful of companies in its portfolio. The approach that Marc Sparks takes to growing these businesses does not simply rely on a base model, but rather focuses on each growing enterprise and cultivating the right culture among staff and managers. Leading by example, Mr. Sparks gives startups and major corporation alike the strategies needed to become exceptionally profitable.

The foundation of principles and faith that guides Marc Sparks through his business ventures is also responsible for his involvement in the community. Mr. Sparks regularly donates to nonprofit organizations around the state of Texas, as well as offering his own time and labor to further these projects. He is also deeply involved in personal health and being active, frequently spending time outdoors and playing sports to maintain a positive lifestyle.