The Board
Core Members
The Core members of Archangel Informal Investment Ltd are responsible for making the final decision as to whether or not to invest in a new opportunity. The core members comprise five Directors who must agree unanimously on any investment and, by doing so, are each committing a minimum of £100,000 between them to the investment requirement. The Board meets regularly to review the performance and needs of the portfolio companies.
Gavin Gemmell
Gavin Gemmell is Chairman of Archangels and investor director of three Archangel investments. He retired as joint senior partner of fund managers Baillie Gifford in 2001, after 37 years. Chairman of Scottish Widows and a Director of Lloyds TSB Group until October 2007. Chairman of Court Heriot-Watt University from 2002-2008 and awarded an honorary degree in 2009.
Barry Sealey
Barry Sealey is a co-founder of Archangel and was Chairman of the Board of Archangel Informal Investment until February 2008. Formerly Group MD of Christian Salvesen and Chairman of Optos, Barry is currently Chairman of Indigo Lighthouse Group.
Mike Rutterford
Mike Rutterford is one of Scotland's entrepreneurs and business angels. His busy working life is spent between his dual roles as co-founder of Archangel Informal Investments and as a private investor, board member and advisor to a number of Scotland's most promising technology companies and is a member of the Entrepreneurial Exchange. He also invests in a number of property deals throughout the UK.
Eric Young
Eric Young, based in Edinburgh, has made several investments in start-up companies in recent years. He is a Chartered Surveyor active in the commercial property market throughout the UK.
Alastair Salvesen
Alastair Salvesen is a Chartered Accountant and a Director of Archangels and one of their companies. He is Chairman of Dawnfresh Seafoods Ltd, and Dovecot Studios Ltd and a Director of several other companies. He is Deputy Chairman of the Fettes Trust and a past president of the Royal Highland and Agricultural Society and the British Frozen Foods Federation. He is also a Farmer and Forester and enjoys the countryside and developing young businesses in Scotland.