Insight journal - Dealtalk

New Enterprise Closes $2.6 billion in one of largest venture funds financing of all times

Posted on 26 July 2012

Tags: ,

New Enterprise Associates has closed one of the largest venture funds financing ever raised at $2.6 billion after a fundraising that uncovered "enormous interest in venture capital as an asset class," said Peter Barris, the firm's managing general partner.

At a time when the venture industry is consolidating and many lesser-known players struggle to raise fresh capital, NEA found that limited partners who turned away from venture during the financial crisis—when the firm raised its prior fund—are coming back, Mr. Barris said in an interview.

Read the full article at Wall Street Journal



Read: more on dealtalk  in pharma, biotech, life science partnering deal news, insights and glossary

View: Current Partnering’s Partnering Scorecard – view top life science partnering deals by value

View: Current Partnering’s Deal Metrics – the latest deal trend infographics for life science deal making

View: Current Partnering’s Big Pharma Deal Making Scorecard – latest trends in big pharma deal making activity

View: Current Partnering’s Big Biotech Deal Making Scorecard – latest trends in big biotech deal making activity

Signup: Current Partnering Dealmakers Update – weekly newsletter providing the latest life science industry deal news, deal making trends, partnering events – sign up now

Signup: Current Agreements Deals Review – monthly newsletter - reviewing the previous month’s life science deal making – partnering, M&A and financing – sign up now

Subscribe: Current Agreements life sciences partnering, M&A and financing deals database – find out more

Follow us on: LinkedIn Current Partnering | LinkedIn Business Development Network | @Currentpartner on Twitter

Print Friendly, PDF & Email

Leave a Reply