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Management Team
Robb Tyler Doub
General Partner
Mark A. Grovic
General Partner
Dr. Donald (Don) Spero
General Partner
Frank Bonsal III
Partner
Rajesh (Raj) Rai
Partner
Frank Bonsal Jr.
Special Partner

Frank Bonsal Jr.
Special Partner


Frank is a Special Partner of New Markets Venture Partners.  He has over 30 years of exemplary venture capital experience as General Partner of New Enterprise Associates (NEA), which he co-founded in 1978 and has become one of the U.S.’s largest venture capital firms ($8.5B managed) and as Co-Founder and Director of Red Abbey Venture Partners, a $50M vintage 2004 life science fund.  Since retiring from his General Partner role at NEA in 2003, Frank has remained an active venture investor, as Founder and Managing Partner of Bonsal Capital, LLC, a family private equity vehicle, and as advisor to and Limited Partner in numerous funds in North America, the United Kingdom, and Europe, including Amadeus Capital Partners (UK), Boulder Ventures (MD/CO),  Novak Biddle Venture Partners (MD), Sterling Ventures (MD), Trellis Partners (TX), Venturehouse (DC), and Windward Ventures (CA).

Frank is a member of the Board of Trustees of the Johns Hopkins Hospital and the Johns Hopkins Hospital Endowment Board.  He serves on the Boards of CeraTech, CIBERNET, CorasWorks, Veran Medical Technologies, and Brown Investment Advisory & Trust Co.

Prior to co-founding NEA in 1978, Frank was a General Partner with Alex. Brown & Sons for 15 years.  Frank received his A.B. from Princeton University in Economics and is married with three children and four grandchildren.



 

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