Sahm Adrangi and Kerrisdale Capital Management

Sahm Adrangi is the founder and the current CIO of Kerrisdale Capital Management based in New York, a financial management company that has raised about $100 million from investors betting against a single stock as confirmed by sources close to him.

Whereas hedge fund models raise money in anticipation for investment thesis like the recovery of distressed sectors, Kerrisdale plans to short sell the stock of a to-b-established company as he notified the investors thru an E-mail. Sahm Adrangi’s team has been dedicated to this initiative and are now working on the final details including a report, a video and even launch a website to convince the world of their thesis. Kerrisdale Capital Management hedge fund, bets both for and against company stocks, has recorded a yearly return of around 28% over the past five years, as close sources from the company revealed in unanimously.

 

Early career life

Sahm Adrangi’s financial career began with a stint in credit. There he performed high-yielding tasks to leverage loan debt finance at the Deutsche Bank. He as well worked as a consultant advising creditors in bankruptcy situations and as well as out-of-court settlements and helped restructure initiative at Chanin Capital Partners. He is a holder of Bachelor of Arts in Economics from Yale University.

Sahm began life as a hedge fund investor by unmasking alias www.ChineseCompanyAnalyst.com in mid-2010. He merely focused on the murky world of -Chinese reverse mergers which he figured as scams and in anonymity sort to make money from them by exposing them. Later, more activist joined the race to uncover these companies cooking their books, and hence he came to the limelight under Kerrisdale Capital, and read full article.

At only 33 years of age, Sahm Adrangi is already a thought leader in hedge fund and managing distressed companies. As such he has been the guest speaker at various renowned conferences such as the Sohn Conference, the Distressed Debt Investing Conference, the Value Investing Conference, the Activist Investor Conference, and but not limited at Traders 4 a Cause.

More Visit: http://www.insidermonkey.com/hedge-fund/kerrisdale+capital/672/

Jeremy Goldstein explains knockout options

As the economy continues to be shaky, companies big and small have begun doing away with employee stock options. There have been three reasons that have convinced companies to eliminate these benefits. First a sudden drop in stock value makes its extremely difficult for employees to execute their options. Businesses are still required to report any related expenses, leaving stockholders with the risk of potential option overhang. The employees have become cautious of this type of compensation because the uncertainty of the economy affecting the options’ value.

Stock options still have strong benefits that include better insurance coverage and increased wages. When the corporation’s stock value rises, the options will boost personal revenues and that will persuade employees to boost the company’s success. It will make the employees work harder at pleasing current clients and driving in new clients. Options also don’t add more tax burdens to the company. Companies that are interested in keeping stock options while avoiding additional costs they can look into the knockout options. Knockout options eliminate the hurdles that are tied to stock-option based compensation.

Jeremy Goldstein is a top New York corporate lawyer. Jeremy Goldstein earned his Bachelor of Arts from Cornell University and his Master of Arts degree from the University of Chicago. Jeremy Goldstein earned his law degree from the New York University School of Law. Jeremy Goldstein is the founder and partner of Jeremy L. Goldstein and Associates, LLC. He was previously a partner in Lipton, Rosen and Katz from 2000 to 2014.

Jeremy Goldstein has also been a key figure in several major corporate transactions in the United States including Chevron, AT%T. He continues to provide corporate legal advice to companies who are working to improve their corporate benefits as well as executive compensation. Goldstein currently resides in New York and has been featured in several business oriented magazines and articles. Learn more: https://thereisnoconsensus.com/jeremy-goldstein-explains-knockout-options-help-employers/

Brazil’s Oldest Bank Chairman Retires: CEO Luiz Carlos Trabuco Is Taking His Place

Brazilians know Bradesco, the second largest private bank in the country, doesn’t have a lot of high-level employee turnover. The bank’s Board of Directors takes pride in its long-term management team. Bank Chairman Lázaro de Mello Brandão is a good example of that business model. He’s only the second bank chairman in Bradesco’s history, and he is the oldest chairman in Brazil’s banking industry. Lázaro de Mello Brandão is a permanent fixture in Bradesco’s talented management pool. He’s been in the Chairman’s chair for the last 25 years. And Brandão is one of the bank’s first employees. He is retiring but he will still have an office in the bank.

Mr. Brandão started his banking career when Bradesco became a bank more than 70 years ago. But the 91-year-old banker is finally handing his duties to a younger man. Sixty-seven-year-old CEO Luiz Carlos Trabuco is another long-term Bradesco employee, and he is taking over as chairman. Trabuco will be CEO and chairman until the bank fills the CEO position from the internal management pool. Bradesco put a 67-years-old age cap on the CEO position, so Trabuco has to move on or retire. And retiring is not in the banking cards for Trabuco.

CEO Luiz Carlos Trabuco and his management team are responsible for the bank’s recent investor-driven success. Wall Street thinks Bradesco’s stock will be one of the hot banking stocks in 2018. And Trabuco is the man Wall Street knows and likes. There’s a good reason Trabuco is one of the banking darlings of Wall Street. He is responsible for putting the 2015 acquisition of HSBC’s banking division together. And he is the man who got the bank in the digital banking space. Trabuco is quick to point out it that the bank’s growth is not just because of him. Fifty-eight-year-old Mauricio Machado de Minas is the man behind the digital banking platform. The bank initiated online banking and mobile banking a few years ago. Chief risk manager Alexandre da Silva Glüher is the man who put the HSBC merger together along with Trabuco and other executives.

Read more: Bradesco to Choose Board Member as New President, says Trabuco

Tapping corporate talent is one of Trabuco’s specialties. His philosophy and psychology degrees are paying off, according to some bank officials. But Trabuco’s education and management talents are not new. He is a banker’s banker even though he doesn’t have an accounting background.

Mauricio Machado de Minas and Alexandre da Silva Glüher are both in the running for the CEO position. Both men have a good shot at getting the job, but Andre Cano, Octavio de Lazari, and Marcelo Noronha, as well as Josué Augusto Pancini and Domingos Figueiredo Abreu, are also possible replacements for the CEO position. Mr. Cano is the current head of the Human Resource Department, and Octavio de Lazari is the president of Banco Seguros, the insurance division of Bradesco. Trabuco was the president of Seguros from 2003 to 2009, so Octavio may be the dark horse candidate because of his relationship with Trabuco. But Josué Augusto Pancini, the bank’s operations chief, is another dark horse, according to some people who know him. But chief lending officer Domingos Figueiredo Abreu has all the qualifications to perform successfully in the CEO position. And so does Marcelo Noronha, the chief of the investment division according to terra.com.br.

The final vote will come a month before the annual shareholder’s meeting in March 2018. But the decision will come long before that, according to Trabuco on economia.estadao.com.br. No matter who gets the job, the executive team will still be intact, and that is what Mr. Trabuco wants. He knows he has a solid banking team. He wants to continue making investors happy while the bank goes through the process of switching gears and becoming more online and digital friendly.

See: https://www.istoedinheiro.com.br/o-bradesco-de-brandao-trabuco/