Venture-Capital Firm NEA Raises $2.1 Billion
In the venture-capital industry’s most significant fundraising this year, New Enterprise Associates has closed on $2.08 billion for a fund that could grow in size to become one of the largest ever raised.
In a securities filing on Wednesday, NEA said it is planning to raise up to $2.56 billion, boosting an original $2.3 billion target from March.