Peter Stephens was previously head of European Equities Sales at both Salomon Brothers and Credit Lyonnais. Since 2001, Mr Stephens has been working as a venture capitalist. He has dealt with and advised many leading investment managers in the UK over the past 20 years. Mr Stephens is a founding shareholder of Desire Petroleum and non-executive director of Tristel and GeTech Group, both companies quoted on the London Stock Exchange’s AIM market. He is also director and major shareholder in five other UK ventures including Scott Dunn and Cavendish Ware. Mr Stephens has an M.A. in Jurisprudence from Oxford University and qualified as a barrister in the UK in 1978. Mr Stephens has been on the board of Etherstack since September 2007.