Ned founded Aphelion Capital®, LLC in 2005 and has over 20 years of healthcare investing experience. Prior to forming Aphelion, Ned was a partner and managing director with Piper Jaffray Ventures (PJV) for nearly eight years, focusing on investments in emerging medical technology companies. Ned joined PJV from Janus Capital, where he was a senior research analyst covering both healthcare and internet investments. Before beginning his investment career Ned worked in various product management roles with a subsidiary of Eastman Kodak and in sales and marketing with Kraft General Foods.