Kerrisdale Capital Management
Kerrisdale Capital Management is a fundamentally driven investment management firm specializing in long-term value investing and event-driven special situations. Founded in 2009, Kerrisdale is best known for its activist short-selling research, where it leverages deep fundamental analysis to uncover mispriced, misunderstood, or structurally flawed businesses. Originally launched as a value-oriented hedge fund, the firm quickly built a reputation for producing highly detailed, often contrarian research that challenges market consensus and identifies significant valuation discrepancies.
ABOUT KERRISDALE CAPITAL
Kerrisdale Capital Management is a New York–based investment firm recognized for its activist short-selling research, deep fundamental analysis, and contrarian investment approach.
Founded by Sahm Adrangi—one of the most influential voices in modern activist short selling—the firm has built a strong reputation for uncovering frauds, market anomalies, and misunderstood business models.
Kerrisdale is also a leading proponent of “soft activism,” an emerging investment strategy that seeks to create catalysts by sharing research with the broader investment community, helping surface inefficiencies and accelerate price discovery.
INVESTMENT SOLUTIONS & STRATEGIES
Long/Short Value Investing – Kerrisdale runs a long/short equity strategy focused on identifying undervalued companies for long exposure and overvalued, structurally challenged, or deteriorating businesses for short positions.
Activist Short Selling – The firm is widely known for publishing in-depth activist short reports that highlight why certain companies may be materially overvalued, fraudulent, or fundamentally unsustainable.
Event-Driven Special Situations – Kerrisdale actively invests in event-driven opportunities arising from restructurings, capital raises, market dislocations, regulatory changes, and industry transitions that create pricing inefficiencies.
Contrarian Investment Research – The firm specializes in contrarian, research-intensive analysis across sectors such as technology, telecom, biotech, and emerging industries where markets often misprice long-term fundamentals.
Concentrated Fundamental Positions – Kerrisdale maintains a high-conviction portfolio, building meaningful long or short positions when rigorous financial and operational analysis reveals significant disconnects between intrinsic value and market price.