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PRINT THIS PAGE Tony Florence, Paul Walker join NEA's venture growth equity investing practice02/05/2008. Source: AltAssets. 
Venture capital firm New Enterprise Associates has appointed Tony Florence and Paul Walker as partners. Florence will focus on growth stage IT investing activities, while Walker will concentrate on later stage biotechnology and life sciences investments. Walker is based in Menlo Park and Florence works from the firm's office in Chevy Chase, Maryland.
Florence joins NEA from Morgan Stanley, where he was a managing director. He was at Morgan Stanley for more than 15 years.
Walker previously worked as a general partner with MPM Capital's MPM BioEquities Fund. Prior to that, he was a portfolio manager at Franklin Templeton Investments.
Peter J Barris, managing general partner of NEA, said, 'On the technology side, Tony brings a wealth of industry expertise and a vast network of resources, garnered during his tenure at one of the top investment banking firms in the industry. NEA's long track record of success is rooted in an ability to evolve our investment strategies to help companies succeed at every stage, and we anticipate that Tony will play an integral role in our growth-stage technology investing strategy.'
NEA general partner Ryan Drant added, 'Paul is a fantastic addition to our later stage life sciences investing practice and further strengthens NEA's biopharma investing expertise.'
With approximately $8.5bn in committed capital, NEA focuses on investments at all stages of a company's development, from seed stage to IPO.
Copyright © 2008 AltAssets
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