Batterson Johnson Wang (c) As of September 30, 2016
$ in Millions|
Investment Information |
Stage |
Lead or Syndicate |
Amount Invested |
Realized Returns |
Unrealized Returns |
Total Returns |
Gross IRR (b) |
Times Money (b) |
|---|---|---|---|---|---|---|---|---|
|
Cytel/Receptor Chicago, IL Medical/Bio |
StageSeed | Lead or SyndicateLead | Amount Invested$3.49 | Realized Returns$0.17 | Unrealized Returns$0.00 | Total Returns$0.17 | Gross IRR (b)0.00% | Times Money (b)0.05 |
|
Dytel Hacienda Heights, CA Telecom |
StageLater | Lead or SyndicateLead | Amount Invested$1.45 | Realized Returns$0.21 | Unrealized Returns$0.00 | Total Returns$0.21 | Gross IRR (b)0.00% | Times Money (b)0.15 |
|
Clear Lincolnshire, IL Telecom/Software |
StageEarly | Lead or SyndicateLead | Amount Invested$1.21 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
Illinois Superconductor Evanston, IL Advanced Materials |
StageEarly | Lead or SyndicateLead | Amount Invested$1.59 | Realized Returns$8.48 | Unrealized Returns$0.00 | Total Returns$8.48 | Gross IRR (b)42.18% | Times Money (b)5.33 |
|
Linkscorp Northfield, IL Consumer |
StageSeed | Lead or SyndicateLead | Amount Invested$2.38 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
Nanophase Darien, IL Advanced Materials |
StageEarly | Lead or SyndicateLead | Amount Invested$1.28 | Realized Returns$18.20 | Unrealized Returns$0.00 | Total Returns$18.20 | Gross IRR (b)49.78% | Times Money (b)14.22 |
|
Northfield Labs Evanston, IL Medical/ Pharmaceuticals |
StageLater | Lead or SyndicateLead | Amount Invested$0.49 | Realized Returns$0.94 | Unrealized Returns$0.00 | Total Returns$0.94 | Gross IRR (b)13.89% | Times Money (b)1.92 |
Batterson Venture Partners I As of September 30, 2016
$ in Millions|
Investment Information |
Stage |
Lead or Syndicate |
Amount Invested |
Realized Returns |
Unrealized Returns |
Total Returns |
Gross IRR (b) |
Times Money (b) |
|---|---|---|---|---|---|---|---|---|
|
Nanophase Darien, IL Nanotechnology |
StageLater | Lead or SyndicateCo-Lead | Amount Invested$3.94 | Realized Returns$14.68 | Unrealized Returns$0.00 | Total Returns$14.68 | Gross IRR (b)47.16% | Times Money (b)3.73 |
|
Beyond.com San Jose, CA Internet |
StageEarly | Lead or SyndicateSyndicate | Amount Invested$0.98 | Realized Returns$20.45 | Unrealized Returns$0.00 | Total Returns$20.45 | Gross IRR (b)357.04% | Times Money (b)20.89 |
|
Cybersource San Jose, CA Software/ Web Services |
StageEarly | Lead or SyndicateSyndicate | Amount Invested$0.20 | Realized Returns$20.04 | Unrealized Returns$0.00 | Total Returns$20.04 | Gross IRR (b)367.78% | Times Money (b)102.36 |
|
Paladin Chicago, IL Marketing Staffing |
StageLater | Lead or SyndicateSyndicate | Amount Invested$0.15 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
Endicor San Diego, CA Medical/Devices |
StageEarly | Lead or SyndicateLead | Amount Invested$3.07 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
@Outcome Austin, TX Healthcare IT |
StageEarly | Lead or SyndicateLead | Amount Invested$0.48 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
Magnifi Cupertino, CA Software |
StageEarly | Lead or SyndicateLead | Amount Invested$1.61 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
VCapital Chicago, IL FinTech |
StageSeed | Lead or SyndicateLead | Amount Invested$3.78 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
LinksCorp Bannockburn, IL Retail |
StageLater | Lead or SyndicateLead | Amount Invested$0.11 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
Batterson Venture Partners I As of September 30, 2016
$ in Millions|
Investment Information |
Stage |
Lead or Syndicate |
Amount Invested |
Realized Returns |
Unrealized Returns |
Total Returns |
Gross IRR (b) |
Times Money (b) |
|---|---|---|---|---|---|---|---|---|
|
Cleversafe (d) Chicago, IL Computer |
StageEarly | Lead or SyndicateLead | Amount Invested$4.10 | Realized Returns$42.65 | Unrealized Returns$5.08 | Total Returns$47.73 | Gross IRR (b)46.82% | Times Money (b)11.64 |
|
Star One Columbus, OH Computer |
StageEarly | Lead or SyndicateLead | Amount Invested$0.75 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
Third Stream Bioscience Fort Lauderdale, FL Medical/ Pharmaceuticals |
StageSeed | Lead or SyndicateLead | Amount Invested$0.13 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
NextGen Solar Chicago, IL Energy |
StageEarly | Lead or SyndicateLead | Amount Invested$1.15 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
Web 2.0 Various Various |
StageVarious | Lead or SyndicateVarious | Amount Invested$0.28 | Realized Returns$0.00 | Unrealized Returns$0.00 | Total Returns$0.00 | Gross IRR (b)0.00% | Times Money (b)0.00 |
|
Intensity Therapeutics (e) Westport, CT Medical/ Pharmaceuticals |
StageEarly | Lead or SyndicateLead | Amount Invested$1.63 | Realized Returns$0.00 | Unrealized Returns$1.63 | Total Returns$1.63 | Gross IRR (b)0.00% | Times Money (b)N/M |
VCapital As of September 30, 2016
$ in Millions|
Investment Information |
Stage |
Lead or Syndicate |
Amount Invested |
Realized Returns |
Unrealized Returns |
Total Returns |
Gross IRR (b) |
Times Money (b) |
|---|---|---|---|---|---|---|---|---|
|
Intensity Therapeutics (e) Westport, CT Medical/ Pharmaceuticals |
StageEarly | Lead or SyndicateLead | Amount Invested$0.69 | Realized Returns$0.00 | Unrealized Returns$0.69 | Total Returns$0.69 | Gross IRR (b)0.00% | Times Money (b)N/M |
|
Cleversafe Chicago, IL Computer |
StageEarly | Lead or SyndicateLead | Amount Invested$0.03 | Realized Returns$0.06 | Unrealized Returns$0.00 | Total Returns$0.06 | Gross IRR (b)N/M | Times Money (b)1.90 |
| Total Amount Invested$34.95 | Total Realized Returns$125.88 | Total Unrealized Returns$7.40 | Total Total Returns$133.29 | Total Gross IRR (b)28.02% | Total Times Money (b)3.81 |
- Organizations included on this schedule represent venture capital organizations which Leonard Batterson formed and managed. The investment record is provided for informational purposes only, and past performance is no guarantee of future results.
- Times Money and Gross IRR (internal rate of return) shown herein represent “gross” returns, rather than “net” returns (i.e., returns net of fees (management fees and/or performance fees/carried interest), and other investment expenses), and do not include the impact of taxes. Investors should bear in mind that reductions to gross returns resulting from fees, expenses, and taxes may be significant. Gross IRR is computed based on the annual timing of the investment inflows and outflows and represent an annualized return. Times Money is computed as the Total Returns divided by the Amount Invested.
- The investments included for Batterson Johnson Wang (BJW) represent those for which Leonard Batterson was the lead investment professional during his tenure at BJW, and do not include all those investments for which he may have involved, and therefore do not represent the returns of BJW as a whole.
- The Unrealized Return for Cleversafe represents the amounts expected to be received in 2016 and 2017 from the escrow relating to the sale of the investment in 2015.
- The Unrealized Return for Intensity Therapeutics represents the cost of the investment.
