Scott Richard Reid
President at RAVENSOURCE FUND
Net worth: 1 M $ as of 2024-04-29
Profile
Scott Richard Reid is the founder of Stornoway Portfolio Management, Inc., which was founded in 2004.
He held the title of President & Chief Investment Officer at the firm.
He is currently the President & Director at Ravensource Fund since 2004, an Independent Director at Specialty Foods Group, Inc. since 2007, and a Director at GXI Acquisition Corp.
Additionally, Mr. Reid was formerly an Independent Director at Firm Capital Apartment Real Estate Investment Trust from 2015 to 2020.
He also served as a Director & Secretary at GuestLogix, Inc. and as a Managing Director-Fixed Income Group at National Bank Financial Ltd.
Mr. Reid obtained his undergraduate degree from the University of Manitoba.
Known holdings in public companies
| Company | Date | Number of shares | Valuation | Valuation date |
|---|---|---|---|---|
RAVENSOURCE FUND TRUST UNITS
10.42% | 2023-10-19 | 109,439 ( 10.42% ) | 1 M $ | 2024-04-29 |
Scott Richard Reid active positions
| Companies | Position | Start |
|---|---|---|
| RAVENSOURCE FUND | President | 2003-12-31 |
Stornoway Portfolio Management, Inc.
 Stornoway Portfolio Management, Inc. Investment ManagersFinance Stornoway Portfolio Management, Inc. (SPM) is a registered investment advisor headquartered in Toronto, Ontario and was founded in 2014. They manage the Stornoway Recovery Fund LP and the Ravensource Fund (TSX: RAV.UN). | Founder | 2003-12-31 |
Specialty Foods Group, Inc.
 Specialty Foods Group, Inc. Food: Meat/Fish/DairyConsumer Non-Durables Specialty Foods Group LLC produces and distributes processed meat products. It offers hams, spices, turkeys, bacons, hot dogs, lunch meat, and sausages. The company was founded by Charles Eldred Field in 1914 and is headquartered in Owensboro, KY. | Director/Board Member | 2007-03-31 |
Former positions of Scott Richard 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 Part of National Bank of Canada, National Bank Financial Ltd. is a Canadian company that provides wealth management services. The company is based in Montréal, Canada. Martin Gagnon has been the CEO of the company since 2016. | Corporate Officer/Principal | - |
| GUESTLOGIX INC. | Director/Board Member | - |
Training of Scott Richard Reid
| University of Manitoba | Undergraduate Degree |
Experiences
Positions held
Connections
1st degree connections
1st degree companies
Male
Female
Members of the board
Executives
Linked companies
| Listed companies | 2 |
|---|---|
| FIRM CAPITAL APARTMENT REAL ESTATE INVESTMENT TRUST | Finance |
| GUESTLOGIX INC. | Technology Services |
| Private companies | 4 |
|---|---|
Ravensource Fund
 Ravensource Fund Investment Trusts/Mutual FundsMiscellaneous Ravensource Fund is a closed-end investment trust company. It is on the turnaround and recovery of financially distressed companies and securities and capturing value from equity investments whose assets are heavily discounted by the capital markets. The company was founded on April 28, 1997 and is headquartered in Toronto, Canada. | Miscellaneous |
Specialty Foods Group, Inc.
Specialty Foods Group, Inc. Food: Meat/Fish/DairyConsumer Non-Durables Specialty Foods Group LLC produces and distributes processed meat products. It offers hams, spices, turkeys, bacons, hot dogs, lunch meat, and sausages. The company was founded by Charles Eldred Field in 1914 and is headquartered in Owensboro, KY. | Consumer Non-Durables |
Stornoway Portfolio Management, Inc.
Stornoway Portfolio Management, Inc. Investment ManagersFinance Stornoway Portfolio Management, Inc. (SPM) is a registered investment advisor headquartered in Toronto, Ontario and was founded in 2014. They manage the Stornoway Recovery Fund LP and the Ravensource Fund (TSX: RAV.UN). | Finance |
National Bank Financial Ltd.
National Bank Financial Ltd. Investment ManagersFinance Part of National Bank of Canada, National Bank Financial Ltd. is a Canadian company that provides wealth management services. The company is based in Montréal, Canada. Martin Gagnon has been the CEO of the company since 2016. | Finance |
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