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Extraction Summary

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People
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Organizations
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Locations
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Events
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Relationships
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Quotes

Document Information

Type: Investment strategy document / private placement memorandum
File Size: 2.6 MB
Summary

This document is page 31 of a confidential investment strategy memorandum for New Leaf Venture Partners' third fund (NLV-III). It outlines the fund's strategy to invest in 24-28 companies, primarily in the U.S., with a 50-60% allocation focus on Biopharmaceuticals, alongside Information Convergence and Medical Devices. The document bears a House Oversight Bates stamp, indicating it was obtained as part of a congressional investigation, likely regarding financial connections.

People (1)

Name Role Context
Fund Managers Investment Managers
Generic reference to the managers of New Leaf Venture Partners who will serve on boards and manage the portfolio.

Organizations (3)

Name Type Context
New Leaf Venture Partners
The venture capital firm issuing the strategy document.
NLV-III
New Leaf Venture Partners Fund III; the specific investment vehicle described.
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT_024042'.

Locations (3)

Location Context
Primary domicile for the estimated 24-28 portfolio companies.
Secondary potential location for portfolio companies.
Secondary potential location for portfolio companies.

Relationships (1)

Fund Managers Governance/Ownership Portfolio Companies
The Fund Managers intend to serve on the boards of directors for the majority of the companies in the portfolio...

Key Quotes (3)

"NLV-III will be invested in a diversified portfolio across four sectors: a primary focus on Biopharmaceuticals and Information Convergence, and a secondary focus on Medical Devices and Biological Research Tools & Infrastructure."
Source
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Quote #1
"The Fund Managers will invest the Fund in a diversified portfolio composed of an estimated 24 - 28 companies that will be predominantly domiciled in the U.S."
Source
HOUSE_OVERSIGHT_024042.jpg
Quote #2
"biopharmaceutical investments will be the core focus for NLV-III and will comprise approximately 50% - 60% of the Fund."
Source
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Quote #3

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