Extensive experience in investment analysis, portfolio management, structuring and negotiation, legal documentation, and risk management. Since 2000, Mr. Derby has managed SDS Capital Group (SDS), a family of investment funds focused on healthcare, energy, and financial services industries. In addition to SDS, Mr. Derby has managed a portfolio for S.A.C. Capital Advisors, was a managing member of BayStar Capital II, and was the manager of the healthcare portfolio and risk management at DMG Advisors. Prior to the formation of SDS, Mr. Derby managed an equity portfolio at Oracle Investment Management, an investment firm specializing in private and public investments in healthcare, bioscience and related industries. Prior to Oracle, he was a Principal at Libra Advisors and an Analyst at JRO Associates. Mr. Derby received an MBA from Stanford University, where he was the recipient of the Alexander A. Robichek Award which is awarded to the top finance student in each class and was an Arjay Miller Scholar which is awarded to students in the top ten percent of the graduating class.