Nathan Anderson, the founder of Hindenburg Research, holds a degree in international business from the University of Connecticut. Recently, Hindenburg Research made headlines with its bombshell report on Gautam Adani, a prominent businessman in Gujarat. Following this, the company tweeted about releasing “another big” expose, leaving people wondering who the next target may be. While the company has not revealed the target of their new research, there is speculation that it may address the ongoing bank crisis.
On January 24, Hindenburg Research released a 106-page report accusing the Adani Group of various financial misdeeds just before the group’s share sale. This led to an $86 billion decline in the group’s domestically listed stocks and an international bond sell-off. According to a recent survey, Gautam Adani, the CEO of Adani Group, lost over 60% of his wealth, which amounted to $28 billion from his peak when he was the second-richest person in the world.
Hindenburg Research specializes in financial research on derivatives, credit, and shares to identify potential mismanagement, irregular bookkeeping, and hidden transactions. Before making any investment and betting against the target, the company publishes reports detailing its findings.