New Enterprise Associates

NEA 15 Opportunity Fund, L.P.

NET IRR

25.2%

TVPI

3.68x

DPI

1.44x

COMMITMENT

$35M

LP SOURCES

2

VALUATION SPREAD3.42x – 3.68x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
CalSTRS2025-06-30$35M$34.8M25.2%3.68x1.44xSOURCE ↗
NC Retirement2025-06-30$65M$64.7M24.1%3.42x1.44xSOURCE ↗