Henry graduated with a degree in Fine Arts from the ASAB Faculty of Arts in Bogotá in 2013 and earned a Master of Fine Arts from the National Autonomous University of Mexico in 2021.
His practice investigates the contradictions that emerge at the intersections of history, economics, and popular culture. Since 2011, he has developed a body of work through collaborations with independent art spaces and has exhibited both individually and collectively in a range of notable programs and venues, including: the Salón Nacional de Artistas (Colombia, 2016), Lugar a Dudas (Colombia, 2016), The Box Gallery LA (USA, 2016), Arte Cámara at the Museum of Modern Art of Medellín (Colombia, 2017), ARTBO (Colombia, 2017), Nuevos Nombres at Banco de la República (Colombia, 2018), Salón Acme (Mexico City, 2020), Bikini Wax (Mexico City, 2021), General Expenses Gallery (Mexico City, 2022), Material Art Fair (Mexico City, 2022), and PS21 Gallery (New York City, 2023), among others.
Palacio has been the recipient of several awards and residencies, including the Creation Scholarship from the Ministry of Culture (Colombia, 2013), the Salón de Arte Joven – FUGA (Colombia, 2022), Dark Study (USA, 2021–2022), Banff Centre (Canada, 2021), UNIDEE (Biella, Italy, 2021), Flora+Ars Natura (Colombia, 2018), Hawapi (Colombia, 2018), PIVÔ (Brazil, 2023), and the FAAP Residency (Brazil, 2025). In 2022, he participated in the Bangkok Biennial. He collaborated with the platform DD/MM/AAAA, which which will be part of the Bogotá Bienal in September 2026.