Perlman Family Office

Greenwich, CT United States

Finance / Banking / Insurance

Edward "Eddie" Perlman announced July 2011 he would immediately return all of his external investors' money in his hedge fund Scottwood Capital and convert the firm into a single family office. The Perlman Family Office opened December 1, 2012. From inception through 2016, net annualized gain was 19.90%. Performance for each of the four years, and cumulatively, topped the S&P 500 and most hedge fund indices. Returns were achieved with tax efficiency, low investment costs, and no leverage. Mr. Perlman's former hedge fund Scottwood averaged +11.90% net returns for its 10-year record. Adam Weiss, the firm's COO, was an at-will employee until 2007, when Scottwood parted ways with him.