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Type: Investment memorandum / prospectus (page 32)
File Size: 2.73 MB
Summary

This document is page 32 of a confidential investment memorandum (Control Number 257) produced for the House Oversight Committee. It outlines the investment strategy for 'NLV-III' (New Leaf Ventures III), focusing on biopharmaceutical companies with novel products or platforms. The text highlights past successes of the fund managers, listing exit multiples for companies such as Array BioPharma, Pearl Therapeutics, and Epizyme.

Organizations (11)

Name Type Context
NLV-III
The fund described in the document targeting biopharmaceutical investments.
NLV-II
Previous fund cited for portfolio examples.
NLV-I
Previous fund cited for portfolio examples.
Array BioPharma
Cited as a successful oncology investment in NLV-II.
Chimerix
Cited as a viral therapy investment in NLV-II.
Versartis
Cited as a growth hormone investment in NLV-II.
Pearl Therapeutics
Cited as a pulmonology investment in NLV-I.
Epizyme
Cited as an oncology investment in NLV-II.
Principia
Cited as an immunology & oncology investment in NLV-II.
NASDAQ
Mentioned regarding the listing status of portfolio companies.
House Oversight Committee
Implied by the Bates stamp 'HOUSE_OVERSIGHT'.

Relationships (2)

NLV-II Investor/Investee Array BioPharma
Examples of these types of biopharmaceutical investments in the NLV portfolio are Array BioPharma (NLV-II...)
NLV-I Investor/Investee Pearl Therapeutics
Pearl Therapeutics (NLV-I, private, pulmonology, exited at 2.5x plus milestones)

Key Quotes (2)

"Investments in the biopharmaceutical sector within NLV-III will target companies that are developing products that address clinically important unmet medical needs with competitively differentiated technologies."
Source
HOUSE_OVERSIGHT_024043.jpg
Quote #1
"The Fund Managers expect to identify investment opportunities within private or public companies whose primary asset(s) fall within one of the following categories"
Source
HOUSE_OVERSIGHT_024043.jpg
Quote #2

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