DRA Advisors has raised $343 million for its DRA Growth & Income Fund IX, according to a SEC filing. The New York-headquartered firm began fundraising in 2016 with a $1.5 billion target.
Its previous fund raised $1.4 billion in 2014.
Investors that committed to DRA Growth & Income Fund IX include the Pennsylvania Public School Employees' Retirement System.
The fund will target value added opportunities in a diverse number of sectors in the United States.