Scottwood Capital Management Was Founded By Edward Perlman December 2001. Until He Closed The Firm In 2011, His Ten-year Track Record Consisted Of Good Risk-adjusted Returns, About 12% Net Per Year, And A Management Style That Emphasized Conservative Investment Strategies, Robust Controls, Best Practices And The Highest Standards Of Integrity.
Edward Perlman, Also The Hedge Fund's Sole Owner And Manager, Operated The Firm In Close Alignment With His Clients? Interests; Always Vigilant Over Their Invested Capital, He Went To Great Pains To Protect Them From Hidden Market And Business Risks. He Was Even Lauded For Being Fastidious About Keeping Fund Expenses To A Minimum. Adam Weiss, Who Previously Co-founded Short Alpha Partners With Brian Rogers, Was The Firm's Operations Head Until 2007, When His Employment Ended.
Scottwood Capital Management Enjoyed A Successful 10 Years Before Closing Its Doors In July 2011. In The Months Preceding That Decision, Edward Perlman Liquidated Almost All Of The Fund?s Portfolio, Dramatically Reducing Its Exposure To What He Felt Was An Impending Period Of Market Uncertainty. In A Letter To His Investors In Scottwood, Perlman Made It Clear At The Time That In His Opinion Cash Was The Safest Place To Have Your Money.
In Terms Of Financial Performance, The Short History Of Edward Perlman-run Scottwood Capital Is Really One Of Superior Returns. In 2002, The Firm?s First Full Year In Existence, The Financial Markets Were Very Unstable; Most Fell Between 10 And 20 Percent, And Nearly All Hedge And Other Funds Mirrored That Performance. Scottwood Capital Management, By Contrast, Gained A Net 10 Percent For 2002.
Perlman's Outperformance Of The Markets And Fair Treatment Of His Investors Was Most Evident In 2008. While Many Hedge Funds Engaged In The Practice Of ?gating,? Or Limiting Investors? Withdrawals, And Antagonized Investors By Placing Many Of Their Investments In Side Pockets, Scottwood Capital Management Avoided Both Practices During That Time. As Books Were Closed On 2008, Most Firms Reported Losses Of 20 Percent Or Higher, But Perlman?s Prescient Action Of Going To 100% Cash Kept Scottwood Capital Management?s Loss To Just 7.65%.
Edward Perlman Re-entered The Markets With A Vengeance In Spring Of 2009, Snapping Up Bargains And Setting The Stage For What Would Be The Firm?s Best Year Ever, A Sizzling 44 Percent Net Return On Investment In 2009.
Scottwood Capital Management in Greenwich is a company that specializes in Management Investment Offices, Open-end. Our records show it was established in Connecticut.
