Venture Capital Giant NEA Considering Expansion to London

  • NEA has over $20 billion in committed capital across 16 funds
  • U.S. firm has backed 250 companies that eventually held IPOs
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New Enterprise Associates, one of the world’s largest venture capital firms, is considering making its first hire in the U.K., according to people familiar with the matter.

The U.S. firm is considering appointing a partner in London, the people said, asking for anonymity because the talks are private.