Business angel syndicate Archangels has appointed former Baillie Gifford partner Michael MacPhee to its board of directors.
MacPhee joined Baillie Gifford in 1998 and was manager of Mid Wynd International Investment Trust until his retirement from the Edinburgh-based fund manager last year.
He said: “Archangels has done a great deal to help turn Scottish scientific talent into business success over a couple of decades now and I believe the opportunities that lie ahead have never been greater.”
Archangels chairman Eric Young added: “Archangels is all about investing in Scotland’s best young business talent and providing the support to turn their dreams into reality. I’m certain that Michael’s experience will be a major asset for Archangels as we continue this vital work.”