About the speakers


Spencer is an investment manager in the Global Alpha Team. He has been an investment manager in the Global Alpha Team since its inception in 2005 and Monks Investment Trust since 2015. Spencer is a co-manager of International Concentrated Growth Strategy. He joined Baillie Gifford in 2000 and became a partner in 2013. Spencer has also spent time working in the Fixed Income, Japanese, European, Emerging Markets and UK Equities teams. He graduated BSc in Medicine from the University of St Andrews in 1997.

Luke is an investment manager in the Private Companies Team and a co-manager for the Edinburgh Worldwide Investment Trust which invests in both public and private companies. He joined Baillie Gifford in 2012 and, prior to joining the Private Companies Team full-time in 2024, was an investment manager in the Discovery Team. Luke graduated from the University of Edinburgh in 2012 with an MEng (Hons) in Mechanical Engineering.
Related insights
The case for private growth equity
How companies like Stripe, Databricks and SpaceX are shaking up growth trends typically dominated by public markets.April 2025
Video|38 minutesUS Alpha Q1 update
The US Alpha Team reflects on recent performance, portfolio changes and market developments.April 2025
Video|9 minutesUS Equity Growth Q1 update
The US Equity Growth Team reflects on recent performance, portfolio changes and market developments.April 2025
Video |10 minutes