{
  "crd_number": 161004,
  "slug": "new-enterprise-associates-menlo-park-ca-161004",
  "primary_business_name": "NEW ENTERPRISE ASSOCIATES",
  "legal_name": "NEA MANAGEMENT COMPANY, LLC",
  "dbas": [],
  "city": "Menlo Park",
  "state": "CA",
  "country": "United States",
  "cbsa_code": "41860",
  "metro": {
    "cbsa_code": "41860",
    "common_name": "San Francisco",
    "msa_name": "San Francisco-Oakland-Fremont, CA",
    "path": "/advisors/ca/san-francisco"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2023-01-30",
  "years_registered": 3,
  "period": "2026-10-01",
  "filing_date": "2026-08-26",
  "carried_forward": false,
  "raum_total": 35582968154.0,
  "raum_discretionary": 35582968154.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 113,
  "advisory_employees": 51,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 35582968154.0,
      "count": 27
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "FL",
    "MD",
    "NY"
  ],
  "websites": [
    "https://facebook.com/NEAvc",
    "https://instagram.com/neavc",
    "https://journeywithnea.beehiiv.com",
    "https://linkedin.com/company/new-enterprise-associates",
    "https://lu.ma/user/NEA",
    "https://nea.com",
    "https://x.com/NEA",
    "https://youtube.com/@neavc"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/161004",
  "city_as_filed": "MENLO PARK",
  "url": "https://advisorcensus.com/firm/new-enterprise-associates-menlo-park-ca-161004",
  "display_name": "New Enterprise Associates",
  "summary": "New Enterprise Associates is an SEC-registered investment advisory firm in Menlo Park, CA, registered since 2023, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated August 26, 2026.",
  "citation": "AdvisorCensus. New Enterprise Associates (CRD 161004): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is New Enterprise Associates compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), New Enterprise Associates reports these compensation arrangements: a percentage of assets under its management; performance-based fees. The amounts are in Item 5 of its Form ADV Part 2A brochure."
    },
    {
      "q": "Where is New Enterprise Associates located?",
      "a": "New Enterprise Associates' principal office is in Menlo Park, CA, according to its Form ADV; the September 2026 filing also lists 5 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is New Enterprise Associates registered with the SEC or a state?",
      "a": "New Enterprise Associates is an SEC-registered investment advisory firm, registered since 2023. Status as filed: Approved. CRD 161004."
    },
    {
      "q": "How much does New Enterprise Associates manage?",
      "a": "New Enterprise Associates reports $35,582,968,154 in regulatory assets under management in its Form ADV filing dated August 26, 2026 (100% discretionary)."
    },
    {
      "q": "How have New Enterprise Associates' assets and staff changed since 2021?",
      "a": "In the Form ADV data for New Enterprise Associates: Regulatory assets under management: $25,911,756,571 in the October 2023 data and $35,582,968,154 in the October 2026 data, up 37%. Total employees: 132 in October 2023 and 113 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does New Enterprise Associates serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (27)."
    },
    {
      "q": "Does New Enterprise Associates report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/161004"
    },
    {
      "q": "What changed in New Enterprise Associates' recent Form ADV filings?",
      "a": "In the September 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2021-03-29"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": null,
      "total_employees": null,
      "filing_date": "2022-03-31"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 25911756571.0,
      "total_employees": 132,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 25912724688.0,
      "total_employees": 126,
      "filing_date": "2024-04-25"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 27827259258.0,
      "total_employees": 112,
      "filing_date": "2025-03-28"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 35582968154.0,
      "total_employees": 113,
      "filing_date": "2026-08-26"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-09-01",
      "period_label": "September 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 53 to 51.",
        "Regulatory assets under management went from $27,827,259,258 to $35,582,968,154 (+28%)."
      ]
    }
  ],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/new-enterprise-associates-menlo-park-ca-161004.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 27,
      "fewer_than_5": false,
      "raum": 35582968154.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/161004",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}