Sahm Adrangi went for a little drive over the weekend and he does NOT want to talk about it.
Adrangi, founder and chief investment officer of Kerrisdale Capital, was reportedly arrested early Saturday on charges of drunken driving and cocaine possession after a two-car smashup in the Hamptons. The 35-year-old Yale grad reportedly was behind the wheel of a 2015 BMW convertible at 3 a.m on Montauk Highway in Amangansett, New York, when it crashed into an SUV going in the other direction...Adrangi, who was also given a speeding citation in addition to the DUI and cocaine-related charges, had his license suspended by an East Hampton justice Saturday morning because of his refusal to take a breath test after the crash, the paper reported. He was released after posting $1,000 bail. 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.