Sahm Adrangi is a retired hedge fund credit trader, and credit analyst. He graduated from Penn State, and began working in New York City at the credit desk for Merrill Lynch. He remained with the company for an additional three years trading credit at the bond desk. His experience, and hard work led him to a $3 billion hedge fund called Longacre. Mr. Sahm recently published Northern Dynasty, a short, aggressive piece.
Mr. Adrangi earned approximately $6 billion shorting bonds while serving the credit team at Paulson & Co. He worked for Bowery Investment Management, LLC, and was a credit PM. Mr. Adrangi completely changed his life in June of 2015, when he decided to quit Wall Street. He was no longer satisfied with the high cost of living in New York City, the hours, or the way the games perception had changed. The once profitable 2/20 fee structure, and wide asset outflows were part of his decision.
Mr. Adrangi still has a love for investing, and a lot of his current income is generated from a good selection of securities made from his capital returns. This was originally his seed capital from Wall Street. Mr. Adrangi has been referred to as a good guy who simply loves investing.
Mr. Adrangi first established his financial career in the credit sector. He worked for Deutsche Bank, leveraged loan debts, and performed high-yield financing. He additionally worked for Chanin Capital Partners as advising creditor committees in out-of-court restructuring situations, and bankruptcy. Prior to his experience in investment banking, Mr. Adrangi served Longacre Management for several years regarding a distressed debt hedge fund worth billions of dollars. He attended Yale University, where he earned his Bachelor of Arts in Economics.
Mr. Adrangi has spoken at numerous conferences, including the Distressed Debt Investing Conference, the Sohn Conference, Traders 4 a Cause, the Activist Investor Conference, and the Value Investing Conference. He has granted interviews for Bloomberg, and CNBC, and been the feature of several major publications. This includes the Washington Post, the Wall Street Journal, BusinessWeek, the New York Times, and numerous additional publications.
Sahm Adrangi’s Social Media: twitter.com/sahmadrangi