The DRA ADVISORS LLC is a privately held investment adviser that advises $14.42Bn in regulatory assets under management held in 2 SEC fund types across 3 investment strategies. DRA ADVISORS LLC is a Private Fund A private fund manager is a manager whose >=75% of total assets under management are in private funds (privately offered pooled vehicles for accredited or qualified investors, generally accessed through placements with higher minimums, restricted eligibility, and negotiated terms) Manager. Assets increased by 11.18% over the last 5-years.
The Group has been registered with the SEC for 32.04 years and is comprised of 1 filing and 0 relying advisers. They operate out of 3 office locations with their Headquarters at 575 FIFTH AVENUE, 38TH FLOOR, NEW YORK, NEW YORK. The Group has not been subject to regulatory enforcement actions. They are regulated by 2 US and Non-US bodies.
They have 99 employees comprised of 74 investment and 25 non-investment staff. The total number of Employees increased by 16.47% over the last 5-years.
Their $14.42Bn in assets advised are owned by 27 private funds, 0 public funds and BDCs and 0 other accounts. Assets of Pooled Investment Vehicles (Not IC or BDC) clients total $14.42Bn or 100% of Total Assets.
The Group's top investment strategies include FI/Credit - Diverse, Long/Short Equity and Real Estate, representing 83.04%, 14.27% and 2.69% of total assets, respectively.
They advise 1 types of clients, top clients are Pooled Investment Vehicles (Not IC or BDC).
The Group uses 0 Fund Administrators, 2 Fund Auditors, 0 Prime Brokers, 3 Custodians and 0 Marketers. It does not report a third-party Fund Administrator in 27 private funds with $14.42Bn in assets.
The Group discloses management fees and performance-based fees.
DRA ADVISORS LLC names 0 sub-advisers to 0 different funds advised by the group. The Group has been named as the sub-adviser to 0 funds.