The NEW ENTERPRISE ASSOCIATES is a privately held investment adviser that advises $35.58Bn in regulatory assets under management held in 2 SEC fund types across 2 investment strategies. NEW ENTERPRISE ASSOCIATES is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 37.54% over the last 5-years.
The Group has been registered with the SEC for 14.35 years and is comprised of 1 filing and 1 relying advisers. They operate out of 6 office locations with their Headquarters at 2855 SAND HILL ROAD, MENLO PARK, CALIFORNIA. The Group has been subject to regulatory enforcement actions. They are regulated by 3 US and Non-US bodies.
They have 113 employees comprised of 51 investment and 62 non-investment staff. The total number of Employees increased by 276.67% over the last 5-years.
Their $35.58Bn in assets advised are owned by 32 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $35.58Bn or 100% of Total Assets.
The Group's top investment strategies include Early Stage and Traditional LBO, representing 87.01% and 12.99% of total assets, respectively.
They advise 1 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC).
The Group uses 2 Fund Administrators, 2 Fund Auditors, 1 Prime Brokers, 3 Custodians and 2 Marketers. It does not report a third-party Fund Administrator in 25 private funds with $35.05Bn in assets.
The Group discloses management fees and performance-based fees.
NEW ENTERPRISE ASSOCIATES names 1 sub-adviser CAA CONNECT, LLC to 1 different fund advised by the group. The Group has been named as the sub-adviser to 0 funds.