Henry Sallitt is co-head of Stonehage Fleming Private Equity. He has a long experience both of the direct private equity industry and within a commercial environment.
Prior to joining Stonehage Fleming Private Equity he was a Director of Quester, one of the largest technology investors in the UK. This followed eight years at AFA Systems plc, a company which he co-founded as a private equity investor in 1995. He joined AFA Systems full-time as CFO/COO in 1996 immediately prior to its IPO. From its foundation, Henry was part of a small team that drove the development of the group, both organically and by acquisition, into a significant supplier of application software to the wholesale banking and investment management industries with over 120 customers in more than twenty countries worldwide. This period included some of the most favourable trading conditions for financial software companies, but also some of the most challenging. His experience reflects the diversity of issues that these two states created. AFA was sold to Microgen plc in September 2004. Henry sits on the board of Ikon Science, David Phillips, ticketscript, Quintex, Kallidus and Small World Financial Services Group.
Prior to AFA Systems, Henry spent six years investing in technology companies with Top Technology Limited, managers of the Hambros Advanced Technology Trust family of funds, which is now part of IP Group plc. He qualified as a chartered accountant with Price Waterhouse.