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Extraction Summary

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People
4
Organizations
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Locations
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Events
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Relationships
2
Quotes

Document Information

Type: Financial performance report / investment summary
File Size: 2.2 MB
Summary

This document is a confidential financial report summarizing the investment performance of New Leaf Ventures and Sprout Funds by sector as of March 31, 2014. It details performance metrics (Gross Value, Multiple, and IRR) for Biopharmaceutical and Information Convergence investments across multiple funds dating back to 1993. The document carries a House Oversight Committee stamp, indicating it was part of a congressional investigation.

People (2)

Name Role Context
Fund Managers Investment Managers
Mentioned in the context of having an established track record in the Sprout Funds.
New Leaf team Investment Team
Group responsible for the biopharmaceutical investment performance.

Organizations (4)

Name Type Context
New Leaf Ventures II, L.P.
Investment fund established in 2008; listed in performance tables.
New Leaf Ventures I, L.P.
Investment fund established in 2005; listed in performance tables.
Sprout Funds
Group of funds (1993, 1995, 1998, 2000) listed in performance tables.
House Oversight Committee
Implied by the footer stamp 'HOUSE_OVERSIGHT_024033'.

Relationships (1)

New Leaf Ventures Business/Investment History Sprout Funds
The document compares New Leaf funds alongside Sprout Funds and mentions the Fund Managers had a track record in Sprout Funds.

Key Quotes (2)

"In aggregate, the New Leaf team has invested $945 million in 64 biopharmaceutical investments, and the historic realized biopharmaceutical results are 2.29x gross realized cash-on-cash return ("Multiple") and a 21.4% gross realized IRR."
Source
HOUSE_OVERSIGHT_024033.jpg
Quote #1
"While New Leaf restarted new investment activity in information convergence opportunities in NLV-II, the Fund Managers already had an established track record in this sector from 9 investments in the Sprout Funds."
Source
HOUSE_OVERSIGHT_024033.jpg
Quote #2

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