When CNBC called Kerrisdale Capital's office in Manhattan for comment, a receptionist said, "He's in a meeting right now," and took a message. Adrangi, who founded the firm in 2009, has not called back.
His firm's website said Adrangi is "perhaps best known for short research activism," and that he "first made a name for himself shorting fraudulent Chinese companies, with several having since become the subject of enforcement actions by the Securities and Exchange Commission."
"Mr. Adrangi began his career in the leveraged finance investment banking group of Deutsche Bank and was subsequently an analyst at the multi-billion-dollar distressed debt hedge fund, Longacre Management," the site says.
Adrangi was profiled in New York magazine in 2013 in an article that called him "the hedge-fund world's first full-on social-media investor" who "can move markets with the flick of a tweet."
After his success with the Chinese company shorts, "his bedroom operation turned into a $250 million fund," the article said.