Edward G. Cape, PhD Managing Director, Capital Investments and Liquidity Edward G. Cape, Ph.D. is the Managing Partner and Founder of the Sapphire Group LLC. As Managing Partner he is responsible for the overall business plan execution and trajectory of the firm, and participates as a senior partner in the investment banking, alternative asset management, media, and debt & real estate advisory functions. Prior to the Sapphire Group he was a Healthcare Investment Banker at UBS Warburg, focusing on financings and mergers & acquisitions for companies in the healthcare sector, primarily in the medical technology, biotechnology, and specialty pharmaceutical spaces. Prior to UBS Warburg, he was the Founding Director of the Cardiac Dynamics Laboratory at Children's Hospital of Pittsburgh (a research and consulting entity) and a faculty member in the Schools of Engineering and Medicine at the University of Pittsburgh. In this capacity he consulted with numerous companies ranging from large-cap companies including Baxter and GE, mid-cap companies such as Acuson (ultimately acquired by Siemens) and ATL (ultimately acquired by Philips), down to biomedical start-ups. During this period he also published over 40 articles in peer-reviewed journals, seven textbook chapters, over 100 conference abstracts, and won the 1995 Young Investigator of the Year Award of the American Society of Echocardiography. Cape served a two year term on the Board of Directors of ThermoGenesis Corporation (Rancho Cordova, CA), where he also held a one year term as Executive Vice President of Corporate Strategy from January - December 2002 and was responsible for assessing technology acquisition opportunities and refining the company's business model. Company valuation increased 230% during his tenure. He was recently nominated by Johnson and Johnson Development Corp. and subsequently elected to serve on the Board of Directors of Protein Polymer Technologies (San Diego, CA), a J&J portfolio company which is undergoing a turnaround and redefinition of corporate strategy. In addition to Sapphire's principal investment activities and involvement with Beta-1, he has been active in economic development activities involving emerging growth companies in Sacramento, California, and South Florida. Ted currently serves on Georgia Tech’s Engineering Advisory Board, and has B.S. and Ph.D. degrees from the Georgia Institute of Technology and an M.B.A. from the Harvard Business School.