Baillie Gifford Europe’s Licensing Application

Pinsent Masons has advised Baillie Gifford Investment Management (Europe) Limited on the deal.

The application involved changing Baillie Gifford Europe from a MiFID authorised business, into a MegaManco, a dual authorised UCITS Management Company and AIFM with MiFID top-up permissions. This includes, individual portfolio management, receipt and transmissions of orders and investment advice permissions.

The new entity will be used to manage Baillie Gifford UCITS funds range, Alternative Investment Funds and segregated mandate business, with assets under management in the region of circa €20 billion.

The Pinsent Masons team advising Baillie Gifford Europe was led by head of asset management and investment funds in Ireland Gayle Bowen (Picture), and associate Ruth Hennessy.

Involved fees earner: Gayle Bowen – Pinsent Masons; Ruth Hennessy – Pinsent Masons;

Law Firms: Pinsent Masons;

Clients: Baillie Gifford & Co;

Giulia Di Palma

Author: Giulia Di Palma