Many high-growth companies are remaining private for longer, with value creation increasingly occurring beyond public markets. The Schiehallion Fund, managed by Baillie Gifford, provides access to later-stage private growth businesses that may otherwise be difficult to allocate to via a single investment trust.

Key points 

• Schiehallion is now listed on the London Stock Exchange Main Market, widening accessibility for clients.
• Later-stage private growth focus.
• Scale and established track record: launched in 2019 
• Assets under management of over $1.7bn (as at 31 Jan 2026)

Schiehallion invests in private companies with the potential for significant long-term growth. The portfolio includes some of the largest and most influential private businesses globally, reflecting the team’s focus on transformational growth beyond public markets.