DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

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SEC-registered adviser

N•• E••••••••• A•••••••••

Asset manager (funds and pooled vehicles)Menlo Park, CaliforniaCRD 161004SEC 801-127227websiteIAPD
Legal name N•• M••••••••• C••••••• L••
Latest filing Aug 26, 2026
First filing on the tape Dec 21, 2022 · 9 filings
SEC status approved since Jan 30, 2023
RAUM
$36B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
113
51 advisory (5.B.1)
Offices
5
beyond the principal office
Private funds
27
reported on Schedule D
History
9 filings and snapshots on the tape
RAUM$36B as of Aug 26, 2026
Mar 30, 2023$26B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 26, 2026
Mar 30, 20230 then
Employees (5.A)113 as of Aug 26, 2026
Mar 30, 2023132 then
Private funds27 as of Aug 26, 2026
Mar 30, 202318 then
RAUM +28% over the last fiscal year+11% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 26, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$1.3BderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived6 offices incl. principal (1.F.5)
RAUM growth, one year
+28%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehiclesreportedItem 5.G
Custody
$36B, 27 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$36B100%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
27reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$36B for 27 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      51 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      N•• E••••••••• A••••••••• 1•• L•••Venture Capital Fund$5.8B220Mar 28, 2013
      N•• E••••••••• A••••••••• 1•• L•••Venture Capital Fund$4.4B239Mar 29, 2018
      N•• E••••••••• A••••••••• 1•• L•••Venture Capital Fund$3.9B246Mar 27, 2020
      N•• E••••••••• A••••••••• 1•• L•••Venture Capital Fund$3.3B216Mar 30, 2015
      N•• E••••••••• A••••••••• 1•• L•••Venture Capital Fund$3.1B294Mar 31, 2022
      N•• 1• V•••••• G••••• E•••••• L•••Venture Capital Fund$2.9B273Mar 31, 2022
      N•• 1• O••••••••• F•••• L•••Venture Capital Fund$1.0B9Mar 29, 2016
      N•• E••••••••• A••••••••• 1•• L•••Venture Capital Fund$797M249Mar 30, 2012
      N•• S•••••••• O••••••••• F•••• L•••Private Equity Fund$627M61Nov 25, 2024
      N•• E••••••••• A••••••••• 1•• L•••••• P•••••••••Venture Capital Fund$209M326Mar 30, 2012
      N•• E••••••••• A••••••••• 1•• L•••••• P•••••••••Venture Capital Fund$151M358Mar 30, 2012
      C•••••• V••••••• I• L•••Venture Capital Fund$138M3Apr 24, 2020
      N•• E••••••••• A••••••••• 1•• L•••••• P•••••••••Venture Capital Fund$110M188Mar 30, 2012
      C•••••• V••••••• I• L•••Venture Capital Fund$108M3Mar 27, 2020
      N•• E••••••••• A••••••••• 9• L•••••• P•••••••••Venture Capital Fund$36.8M234Mar 30, 2012
      N•• E••••••••• A••••••••• V•••• L•••••• P•••••••••Venture Capital Fund$25.1M85Mar 30, 2012
      N•• E••••••••• A••••••••• 8•• L•••••• P•••••••••Venture Capital Fund$17.8M64Mar 30, 2012
      N•• S• S••• L•••Venture Capital Fund$8.8M1Mar 29, 2024
      N•• E••••••••• A••••••••• V••• L•••••• P•••••••••no longer reportedVenture Capital Fund$7.8M72Mar 30, 2012
      N•• E••••••••• A••••••••• V•• L•••••• P•••••••••no longer reportedVenture Capital Fund$5.4M63Mar 30, 2012
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$5.1M63Mar 30, 2015
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$2.7M68Mar 29, 2016
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$2.6M66Mar 27, 2020
      N•• B• S••• L•••Venture Capital Fund$2.5M17Mar 27, 2020
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$1.9M62Mar 28, 2014
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$1.8M70Mar 29, 2018
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$1.6M65Mar 27, 2019
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$1.2M68Mar 31, 2017
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$1.1M76Mar 29, 2021
      N•• B• S•• I•• L•••Venture Capital Fund$945,90529Mar 29, 2021
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$564,67335Mar 30, 2012
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$506,23452Mar 30, 2012
      N•• E••••••••• A••••••••• I•• L•••••• P•••••••••no longer reportedVenture Capital Fund$498,70364Mar 30, 2012
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$458,60053Mar 31, 2022
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$296,10263Mar 28, 2013
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$281,34242Mar 30, 2012
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$188,04759Mar 30, 2012
      N•• P••••••••• F•••• L•••Venture Capital Fund$174,50876Mar 30, 2012
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$117,49754Mar 30, 2012
      N•• V••••••• 2•••• L•••no longer reportedVenture Capital Fund$29,66350Mar 30, 2012
      All funds of N•• E••••••••• A•••••••••
      Owners and control persons
      Schedule A and B, latest filing
      • B••••••• S••••••••• S••••• · Chief Legal Officercontrol
        since 04/2024 · owns less than 5%
      • C••••• S••• D• · Chief Financial Officer, Corporate Finance And Taxcontrol
        since 06/2023 · owns less than 5%
      • F•••••••• A••••••• A••••• · Co-Chief Executive Officercontrol
        since 04/2024 · owns less than 5%
      • K•••• S••••••• H••••• · Partner, Head Of LP Relationscontrol
        since 06/2004 · owns less than 5%
      • K••••• R•••••• F•••• · Chief Financial Officer, P••••••••• Financecontrol
        since 06/2023 · owns less than 5%
      • M••••••••• M••••••• H••••• · Co-Chief Executive Officercontrol
        since 04/2024 · owns less than 5%
      • S••••••• J•••••• A••••• · Chief Compliance Officercontrol
        since 03/2022 · owns less than 5%
      • S••••••• S••••• D•••• · Executive Chairman & Chief Investment Officercontrol
        since 04/2024 · owns less than 5%
      • S•••••••• T••••••• M•••••• · Chief Operating Officercontrol
        since 01/2008 · owns less than 5%
      • C•••••• L••••• S••••• · Member Of The Managing Member Of The Advisercontrol
        since 12/2020 · owns F of N•• M•••••• H••••••• M•• L••
      • F•••••••• A••••••• A••••• · Member Of The Managing Member Of The Advisercontrol
        since 12/2020 · owns F of N•• M•••••• H••••••• M•• L••
      • K•••• S••••••• H••••• · Trusteecontrol
        since 01/2001 · owns F of S•••••• K••• T•••• D•••• J•••••• 3•• 2•••
      • M••••••••• M••••••• H••••• · Trusteecontrol
        since 02/2016 · owns F of T•• M•••••••• F••••• T•••• D•••• F••••••• 1•• 2•••
      • S••••••• S••••• D•••• · Trusteecontrol
        since 04/2019 · owns F of B••• M••••••• T•••• D•••• A•••• 2•• 2•••
      • S•••••••• T••••••• M•••••• · Member Of The Managing Member Of The Advisercontrol
        since 12/2020 · owns F of N•• M•••••• H••••••• M•• L••
      Entity owners
      • N•• M•••••• T•• L•• · Sole Member Of The Adviser
        direct · owns 75% or more
      • B••• M••••••• T•••• D•••• A•••• 2•• 2••• · Member Of The Managing Member Of The Adviser
        indirect · owns 50% to 75% of N•• M•••••• H••••••• M•• L••
      • N•• M•••••• H••••••• M•• L•• · Managing Member
        indirect · owns 75% or more of N•• M•••••• T•• L••
      • S•••••• K••• T•••• D•••• J•••••• 3•• 2••• · Member Of The Managing Member Of The Adviser
        indirect · owns F of N•• M•••••• H••••••• M•• L••
      • T•• M•••••••• F••••• T•••• D•••• F••••••• 1•• 2••• · Member Of The Managing Member Of The Adviser
        indirect · owns F of N•• M•••••• H••••••• M•• L••
      • D••• C•••••• P••••••• V• N••••• A••••••••• •• L• · Non-Managing Member
        indirect · owns F of N•• M•••••• T•• L••
      • W••••••••• •• L•• · Non-Managing Member
        indirect · owns F of N•• M•••••• T•• L••
      Related persons
      Schedule D 7.A
      • C•••••• V••••••• G• I• L••
        pooled vehicle sponsorn
      • N•• B• S•• G•• L••
        pooled vehicle sponsorn
      • N•• P••••••• 1•• L•••••• P•••••••••
        pooled vehicle sponsorn
      • N•• P••••••• 1•• L•••••• P•••••••••
        pooled vehicle sponsorn
      • N•• P••••••• 1•• L•••••• P•••••••••
        pooled vehicle sponsorn
      • N•• P••••••• 1•• L•••
        pooled vehicle sponsorn
      • N•• P••••••• 1•• L•••
        pooled vehicle sponsorn
      • N•• P••••••• 1••••• L•••
        pooled vehicle sponsorn
      • N•• P••••••• 1•• L•••
        pooled vehicle sponsorn
      • N•• P••••••• 1•• L•••
        pooled vehicle sponsorn
      • N•• P••••••• 1•• L•••
        pooled vehicle sponsorn
      • N•• P••••••• 1• V••• L•••
        pooled vehicle sponsorn
      • N•• P••••••• 1•• L•••
        pooled vehicle sponsorn
      • N•• P••••••• 9• L•••••• P•••••••••
        pooled vehicle sponsorn
      • N•• P••••••• V•••• L•••••• P•••••••••
        pooled vehicle sponsorn
      • N•• S• S•• G•• L••
        pooled vehicle sponsorn
      • N•• S•• G•• L••
        pooled vehicle sponsorn
      • N•• E••••••••• A••••••••• •••• L••
        investment advisery
      • N•• E••••••••• A••••••••• I•••
        investment advisery
      • N•• E••••••••• A••••••••• L••
        investment advisern
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY24 employees
      • London, United Kingdom3 employees
      • Palm Beach, FL1 employees
      • Timonium, MD1 employees
      What changed
      consecutive filings, newest first
      • Accounts · 21 to 27
        Mar 28, 2025 to Mar 30, 2026
      • Advisory employees · 53 to 51
        Mar 28, 2025 to Mar 30, 2026
      • Pooled vehicle clients · 21 to 27
        Mar 28, 2025 to Mar 30, 2026
      • Assets in custody · $28B to $36B
        Mar 28, 2025 to Mar 30, 2026
      • Employees · 112 to 113
        Mar 28, 2025 to Mar 30, 2026
      • Private funds · 21 to 27
        Mar 28, 2025 to Mar 30, 2026
      • Discretionary RAUM · $28B to $36B
        Mar 28, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $28B to $36B
        Mar 28, 2025 to Mar 30, 2026
      • RAUM · $28B to $36B
        Mar 28, 2025 to Mar 30, 2026
      • Accounts · 18 to 21
        Nov 25, 2024 to Mar 28, 2025
      • Advisory employees · 56 to 53
        Nov 25, 2024 to Mar 28, 2025
      • Pooled vehicle clients · 18 to 21
        Nov 25, 2024 to Mar 28, 2025
      • Assets in custody · $26B to $28B
        Nov 25, 2024 to Mar 28, 2025
      • Employees · 126 to 112
        Nov 25, 2024 to Mar 28, 2025
      • Financial planning clients · 0 to 0
        Nov 25, 2024 to Mar 28, 2025
      • Other offices · 4 to 5
        Nov 25, 2024 to Mar 28, 2025
      • Private funds · 19 to 21
        Nov 25, 2024 to Mar 28, 2025
      • Discretionary RAUM · $26B to $28B
        Nov 25, 2024 to Mar 28, 2025
      • Pooled vehicle RAUM · $26B to $28B
        Nov 25, 2024 to Mar 28, 2025
      • RAUM · $26B to $28B
        Nov 25, 2024 to Mar 28, 2025
      • Private funds · 18 to 19
        Apr 25, 2024 to Nov 25, 2024
      • Advisory employees · 58 to 56
        Nov 8, 2023 to Mar 29, 2024
      • Assets in custody · $26B to $26B
        Nov 8, 2023 to Mar 29, 2024
      • Employees · 132 to 126
        Nov 8, 2023 to Mar 29, 2024
      • Discretionary RAUM · $26B to $26B
        Nov 8, 2023 to Mar 29, 2024
      • Pooled vehicle RAUM · $26B to $26B
        Nov 8, 2023 to Mar 29, 2024
      • RAUM · $26B to $26B
        Nov 8, 2023 to Mar 29, 2024
      • HQ city · CHEVY CHASE to MENLO PARK
        Mar 30, 2023 to Nov 8, 2023
      • HQ state · MD to CA
        Mar 30, 2023 to Nov 8, 2023
      • Accounts · 17 to 18
        Dec 21, 2022 to Mar 30, 2023
      • Advisory employees · 62 to 58
        Dec 21, 2022 to Mar 30, 2023
      • Pooled vehicle clients · 17 to 18
        Dec 21, 2022 to Mar 30, 2023
      • Assets in custody · $27B to $26B
        Dec 21, 2022 to Mar 30, 2023
      • Employees · 136 to 132
        Dec 21, 2022 to Mar 30, 2023
      • Private funds · 34 to 18
        Dec 21, 2022 to Mar 30, 2023
      • Discretionary RAUM · $27B to $26B
        Dec 21, 2022 to Mar 30, 2023
      • Pooled vehicle RAUM · $27B to $26B
        Dec 21, 2022 to Mar 30, 2023
      • RAUM · $27B to $26B
        Dec 21, 2022 to Mar 30, 2023
      Signals
      5 dated events
      • N•• E••••••••• A••••••••• reported RAUM $35.6B, up 28% from $27.8B (2025-03-28 to 2026-03-30)
        Mar 30, 2026 · RAUM change · derived
      • Siegal Stephanie Brecher (General Counsel) appeared on Schedule A of N•• E••••••••• A•••••••••
        Mar 29, 2024 · Control person joined · fact
      • F•••• R••••• K•••• (Chief Financial Officer, Partnership Finance) appeared on Schedule A of N•• E••••••••• A•••••••••
        Mar 29, 2024 · Control person joined · fact
      • D Sam C•••• (Chief Financial Officer, Corporate Finance And Tax) appeared on Schedule A of N•• E••••••••• A•••••••••
        Mar 29, 2024 · Control person joined · fact
      • N•• E••••••••• A••••••••• filed its initial SEC registration (Form ADV)
        Dec 21, 2022 · First SEC registration · fact
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      linkedin.com/company/new-enterprise-associatesreportedpublic record, Form ADV, Sep 18, 2026
      Website
      journeywithnea.beehiiv.comreportedpublic record, Form ADV, Sep 18, 2026
      Principal office phone
      (650) 854-9499reportedpublic record, Form ADV, Aug 26, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026