BioCentury
ARTICLE | Finance

Ebb & Flow

October 26, 2009 7:00 AM UTC

Despite the brutal fundraising environment, New Enterprise Associates is close to wrapping up its 13th fund. According to an SEC filing, the firm has raised $2.46 billion of a planned $2.5 billion, which would put the fund exactly on par with its 2006 fund.

This fund will give the firm at least $11 billion under management...