Hedge Fund Kerrisdale Saw Drop In Assets, Lost Some Staff

(Reuters) For hedge fund manager Sahm Adrangi, 2016 is the year that can not end quickly enough.Seven months after raising a fund to bet against the stock of direct broadcast service provider DISH Network and nearly four months after being arrested following a car crash in the Hamptons, assets at Adrangi’s firm have been nearly cut in half, two people who are familiar with the fund’s operations said.

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