Ajay Shah is a Senior Advisor of Sumeru Equity Partners and the Founding Managing Partner and a Managing Director of Silver Lake Sumeru, the middle market investment strategy of Silver Lake. Ajay has extensive operating and investing experience in the technology sector. He serves on Silver Lake Sumeru’s investment committee and continues to maintain responsibility for managing the SLS portfolio.

Previously, he founded Shah Capital Partners, a Private Equity firm. Ajay founded and managed the Technology Solutions Business of Solectron, a $2 billion business. He was the CEO of Smart Modular Technologies, a company that he co-founded in 1989 and led through its public offering in 1995. He managed its growth to over $1 billion in revenues and directed its acquisition by Solectron Corp. in 1999 for over $2 billion. Ajay serves on the Board of Directors of Outspoken, Velocity, Opera Solutions, Calient, Alpha Petroleum, Cybera, The National Audubon Society, and is Chairman of the board of SMART Modular. He is a senior fellow of the American Leadership Forum, serves on the board of The Indian School of Business, India and is a Trustee of the American India Foundation. He has a B.S. in Engineering from University of Baroda and an M.S. in Engineering Management from Stanford University.


  • University of Baroda, B.S. in Engineering Stanford University, M.S. in Engineering Management