Schiehallion (ticker: MNTN) was launched in 2019 when it raised $477m at $1.00 per share. It raised an additional $40m from regular issuance between June 2020 and March 2021, then a further $700m from a C share issue in April 2021. Baillie Gifford's Peter Singlehurst has been its lead manager since it joined the market. MNTN is a 'crossover' fund, meaning that it buys stakes in unquoted growth companies, but it is happy to keep holding should they become listed. To date, MNTN has invested in around 50 companies, several of which have had IPOs, and it currently has holdings in six of the world’...