TitleNewhall, Charles W., III oral history
DescriptionCharles W. Newhall III co-founded New Enterprise Associates (NEA) in 1977. Prior to founding NEA, Chuck was a Vice President of T. Rowe Price. He played a major role in formulating NEA’s investment strategy with partners Dick Kramlich and Frank Bonsal, and he has been instrumental in financing the dramatic changes in both the health care services and pharmaceutical/biotechnology industries. He was also a start-up investor in several companies that helped to change the health care delivery system. One such success was Amerigroup, the leading independent Medicaid HMO, which Chuck helped to start in 1994. He also helped to start BRAVO, a company that case manages the frail elderly in the last three years of life.
In 1988 Chuck co-founded the Mid-Atlantic Venture Capital Association (MAVA) to encourage the growth of venture capital in the region, and is Chairman Emeritus of MAVA. In 2010 Chuck was honored by NVCA with the American Spirit Award for his sponsorship and guidance of a project chronicling the achievements of venture capitalists and the evolution of the industry by
producing oral histories, archiving early documents and establishing research outlets for academics wanting to understand the industry. Chuck has served on the board of numerous charitable and community institutions including the Greater Baltimore Committee, as well as the Baltimore Museum of Art, where he has been involved for thirty-two years and served a term as
Chairman of the Boards.
Chuck served in Vietnam commanding an independent platoon including an initial reconnaissance of Hamburger Hill. His decorations include the Silver Star and Bronze Star V (1st OLC.) He received an MBA from Harvard Business School, and an honors degree in English from the University of Pennsylvania.
The following is an interview with Charles Newhall of New Enterprise Associates, (NEA). This interview is taking place at Mr. Newhall’s home in Owings Mill, Maryland. Today’s date is April 18, 2013. This interview is being conducted for the National Venture Capital Association and the Harvard Business School. My name is Carole Kolker. This interview has been edited for
|Kolker, Carole, Interviewer|
|Newhall, Charles W., III, Interviewee|