Aug 28, 2024
NEA quietly reenters the secondaries market
New Enterprise Associates (NEA) is getting back into the secondaries game. The Silicon Valley-based VC raised more than $468 million for NEA Secondary Opportunity Fund, according to an SEC filing. The fund raised capital from more than 60 limited partners including the San Francisco Employees' Retirement System, which committed $20 million to the fund, according to meeting documents.