The best restaurants are those that serve the most delicious food. However, getting a restaurant that will never disappoint you when it comes to the quality of its food and taste is a challenging task. There are some restaurants that are not friendly, and they lack the qualified and trained staff to give the customer the inviting atmosphere needed. A restaurant that will meet all these customers’ needs is not easily found in the market. However, for Mexicans, there are thirteen locations where consumers can walk in at any time of the day and get services that are out of this world. These locations are owned and operated by one of the most influential businessmen in Mexico, Omar Yunes. His leadership has ensured that the quality of the food is never compromised, and this keeps the clients coming all the time.
Omar Yunes was recently recognized because of his accomplishments in the hospitality department. According to a report from one of the leading magazine in the country, Omar Yunes was honored by getting the Best Franchisee of the World award. Getting the international recognition in the hospitality department is not an easy task. The food industry is full of institutions that are working hard so that they can outdo each other. Omar Yunes got the respected award due to his role in the management of Sushi Itto. The company has thirteen branches that are founded in Puebla, Mexico City, and Veracruz. According to his portfolio, his thirteen branches represent ten percent of the total of Sushi Itto family.
First of all, the businessman had competed for the award locally. After a challenging battle, the founders of the institution discovered that the businessman deserved the title of Best Franchisee in Mexico. The primary aim of the hotly contested competition was to introduce a challenge between companies in the sale industry. The group with the best practice and real innovations was given the top award. His greatest competitor was Ivan Tamer who currently owns several food chains in the country. Omar Yunes says that the teams of employees working for his restaurants have played a leading role in winning the award.
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News reaching the Reuters from familiar sources indicates that Kerrisdale Capital Management under the leadership of Sahm Adrangi has reportedly raised $100 million from its investors resulting from a bet against a single stock. Such co-investment remains the first to be witnessed at Kerrisdale since most hedge fund managers raise cash to help fund specific investments like the recovery of distressed energy firms or residential mortgage-backed securities. Nevertheless, Kerrisdale as small as it is planning to use the money to short the stock of the unidentified company.
In an email addressed to the investors, Sahm Adrangi clarified that the company raised an impressive amount of capital in the shortest time frame thereby striking a chord within the alternative community. He further added that Kerrisdale had taken a firm worth $10 billion and planned on helping the other investors understand the insights of that investment through the provision of a report, video, and website.
According to the anonymous individual reporting to Reuters, the target firm will be revealed mid-May 2017. Furthermore, Kerrisdale had already started purchasing stock to establish its rank in the undisclosed company. Kerrisdale presently manages over $500 million inclusive of the new amount raised. The company is known for betting against firms and taking the incident public. In the recent past, it has short positions for organizations like Sage Therapeutics Inc., Zafgen Inc., and Globalstar Inc.
About Sahm Adrangi
Sahm Adrangi is a 33-year-old investment executive based in New York. Presently, he is the co-founder and Chief Investment Officer at Kerrisdale Capital Management. Prior to joining Kerrisdale, Mr. Adrangi operated as an analyst in three other organizations including Longacre Fund Management LLC, Chanin Capital Partners, and Deutsche Bank where he holds impressive track records.
Additionally, Sahm Adrangi is a research activist who first came into the limelight after he exposed shorting deceiving Chinese firms making some to be a subject of enforcement handled by the Securities and Exchange Commission. Additionally, Sahm also is a public speaker and has spoken at several gatherings including the Value Investing Conference the Activist Investor Conference and the Sohn Conference amongst several others. Mr. Adrangi is a Bachelors of Arts holder with a specialization in Economics attained from Yale University.
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