Baillie Gifford Funds Slash Value Of Holdings In Dailyhunt Parent VerSe By Up To 80%

by · Inc42

SUMMARY

  • Two Baillie Gifford-managed funds have marked down the value of their holdings in Dailyhunt parent VerSe Innovation by around 80% over different periods
  • The markdowns reflect a sharp reassessment of their investments as VerSe seeks to strengthen monetisation and reduce losses
  • Pacific Horizon valued its holding at £4.08 Mn in July 2026, while Schiehallion valued its stake at $7.47 Mn in August 2026