NEA quietly reenters the secondaries market

Quick Summary:

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 fundraise closed on July 3, according to a source familiar with the matter, but hasn’t received much attention.

Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry, has ousted its sibling co-founders — CEO James Eberhard and chief legal counsel Jenifer Snyder — according to sources familiar with the matter.

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Article Details

Author / Journalist: Rebecca Szkutak

Category: Technology

Markets: United StatesIndia

Topics: TC Venture

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-28 @ 23:57:52 (3 days ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1107 words

Reading Time: 7 minutes read

Sentences: 45 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 22292273

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