![Scott Reid](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="16" height="16" fill="%231b1b1b" class="bi bi-person-fill" viewBox="0 0 16 16"><path d="M3 14s-1 0-1-1 1-4 6-4 6 3 6 4-1 1-1 1zm5-6a3 3 0 1 0 0-6 3 3 0 0 0 0 6"/></svg>)
Profile
Mr. Scott R.
Reid, CFA, is an Independent Director at Specialty Foods Group, Inc., a President & Chief Investment Officer at Stornoway Portfolio Management, Inc. and a President & Director at Ravensource Fund.
He is on the Board of Directors at Specialty Foods Group, Inc., Ravensource Fund and GXI Acquisition Corp.
He has over 15 years of experience in the area of distressed securities.
Prior to founding Stornoway, Mr. Reid co-founded National Bank Financial's High Yield Group where he focused on researching, trading, and investing in high yield and distressed securities and was a key member of the firm's restructuring practice.
Mr. Reid's experience has provided him a deep understanding of the legal and financial issues involved in investing in distressed securities and the expertise to play a leadership role in a corporate turnaround in order to protect and increase the value of the Fund's investment.
He received his undergraduate degree from the University of Manitoba.
Scott Reid active positions
| Companies | Position | Start |
|---|---|---|
| RAVENSOURCE FUND | President | 2003-12-31 |
Stornoway Portfolio Management, Inc.
 Stornoway Portfolio Management, Inc. Investment ManagersFinance SPM’s investment team conducts extensive fundamental analysis and will use their expertise, experience and network to play an active role in restructuring and other value enhancing initiative on behalf of the funds they manage. The Stornoway Recovery Fund focuses on capturing value from the turnaround and recovery of financially distressed companies. The Ravensource Fund seeks to achieve absolute annual returns through deep-value investments in high-yielding securities, distressed securities, and special situation equities. | Founder | 2003-12-31 |
Specialty Foods Group, Inc.
 Specialty Foods Group, Inc. Food: Meat/Fish/DairyConsumer Non-Durables Produces and distributes processed meat products | Director/Board Member | 2007-03-31 |
Former positions of Scott Reid
| Companies | Position | End |
|---|---|---|
| FIRM CAPITAL APARTMENT REAL ESTATE INVESTMENT TRUST | Director/Board Member | 2020-02-11 |
National Bank Financial Ltd.
 National Bank Financial Ltd. Investment ManagersFinance Provides wealth management services | Corporate Officer/Principal | - |
| GUESTLOGIX INC. | Director/Board Member | - |
Training of Scott Reid
Experiences
Positions held
Active
Inactive
Listed companies
Private companies
Connections
22
1st degree connections
7
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Private companies | 7 |
|---|---|
Ravensource Fund
 Ravensource Fund Investment Trusts/Mutual FundsMiscellaneous Acts as Closed-End Investment Fund/Investment Trust | Miscellaneous |
Firm Capital Apartment Real Estate Investment Trust
 Firm Capital Apartment Real Estate Investment Trust Real Estate Investment TrustsFinance Acts as a Real Estate Investment Trust/REIT | Finance |
University of Manitoba
 University of Manitoba Other Consumer ServicesConsumer Services Functions as a College/University | Consumer Services |
Specialty Foods Group, Inc.
Specialty Foods Group, Inc. Food: Meat/Fish/DairyConsumer Non-Durables Produces and distributes processed meat products | Consumer Non-Durables |
GuestLogix, Inc.
 GuestLogix, Inc. Packaged SoftwareTechnology Services Provides proprietary transaction-based onboard retail software solutions for passengers | Technology Services |
Stornoway Portfolio Management, Inc.
Stornoway Portfolio Management, Inc. Investment ManagersFinance SPM’s investment team conducts extensive fundamental analysis and will use their expertise, experience and network to play an active role in restructuring and other value enhancing initiative on behalf of the funds they manage. The Stornoway Recovery Fund focuses on capturing value from the turnaround and recovery of financially distressed companies. The Ravensource Fund seeks to achieve absolute annual returns through deep-value investments in high-yielding securities, distressed securities, and special situation equities. | Finance |
National Bank Financial Ltd.
National Bank Financial Ltd. Investment ManagersFinance Provides wealth management services | Finance |
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