People Moves

Baillie Gifford Adds Two To Partnership

Amisha Mehta Assistant Editor London 19 January 2016

Baillie Gifford Adds Two To Partnership

The Scottish asset management firm has welcomed two familiar faces to its partnership, as another partner steps down after 15 years.

Edinburgh-headquartered Baillie Gifford has promoted Tim Garratt and John MacDougall to partners.

Garratt, who joined Baillie Gifford in 2007, is a director in the firm's clients department. His responsibilities include clients in the long-term global growth strategy. His appointment comes as Peter Hadden, partner in the clients department with responsibility for North American clients, prepares to retire at the end of April after 15 years with the firm.

MacDougall joined Baillie Gifford back in 2000 and is an investment manager on the long-term global growth team. He previously worked in the firm's global discovery team, which focuses on fast-growing, innovation-led smaller businesses worldwide.

Baillie Gifford had assets under management of £123 billion ($176 billion) as of the end of 2015.

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