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Directors

Julian Cazalet (Chairman), was appointed to the Board in 2008 and became Chairman in 2009. He was managing director – corporate finance at JPMorgan Cazenove until his retirement in December 2007. A Chartered accountant he joined Cazenove in 1973 and was made a Partner in 1978. From 1989 he worked in Corporate Finance and advised investment trusts in addition to his work with industrial and commercial companies. He is a director of Deltex Medical Group plc, Charles Taylor plc, Private Equity Investor plc and a number of charitable trusts.

 

Tim Curtis was appointed to the Board in 2004. He was chief executive of Zetex plc (formerly Telemetrix PLC), and is non-executive chairman of RaceCourse Technical Services Ltd. Former non-executive directorships were with IBS OPENSystems plc between 2005 and 2008, TVS Entertainment plc, Dobson Park Industries plc and Pace Micro Technology plc. Tim was previously a director of Unitech plc.

 

Douglas McDougall, OBE was appointed to the Board in 2002 and is Chairman of the Audit Committee and the senior independent director. He has extensive experience in the fund management industry and is a former senior partner of Baillie Gifford & Co. He
is chairman of The Law Debenture Corporation plc, The European Investment Trust plc, The Independent Investment Trust PLC and The Scottish Investment Trust PLC and is a director of The Monks Investment Trust PLC and Pacific Horizon Investment Trust PLC. He is a former chairman of IMRO, of the Association of Investment Companies and of the Fund Managers’ Association.

 

Stewart Newton was appointed to the Board in 2012. He is chairman of Veritas Investment Management LLP and is non-executive director of Solon Ventures Limited. He was the founder and executive chairman of Newton Investment Management from 1977–2002. He also sits on the Investment Advisory Committee of The Wellcome Trust and is a Council Member at Imperial College, where he is chairman of the committee managing the College Fund.

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