# Raga Partners

Raga Partners is a Private Equity based in New York, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** New York, United States
- **Region:** North America
- **Address:** New York, NY, United States
- **Founded:** 2013
- **Assets under management:** Undisclosed
- **Website:** ragapartners.com
- **LinkedIn:** https://www.linkedin.com/company/ragapartners

## Regulatory record

- **CRD number:** 316791
- **SEC file number:** 801-122716
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/316791

## About

Raga Partners is an SEC-registered investment adviser in NEW YORK, NY, registered since 2021. The firm manages $2.2 billion in regulatory assets and $289 million on a discretionary basis. It has 12 employees and 6 investment advisers.

## People

- Atul S. Joshi — Co-CIO
- David B. Heller — Co-CIO

## Questions

### Who makes investment decisions at Raga Partners?

Co-CIOs Atul S. Joshi and David B. Heller lead the investment committee. They have managed capital together through Raga since 2013, combining institutional risk-management backgrounds with private-investing experience.

### How does Raga Partners source its investments?

Raga relies on what it calls a proprietary network of trusted, longstanding relationships. The firm does not detail the composition of that network, but it states that these relationships create an advantage in accessing risk-reward opportunities across stages and sectors.

### Does Raga Partners commit to fund investments or only direct deals?

The firm emphasizes direct engagement with companies and management teams. Its stated approach — proprietary sourcing, dynamic underwriting, and working to improve outcomes — points toward direct and co-investment activity, though it has not publicly disclosed whether it also allocates to outside funds.

### What differentiates Raga's investment vehicle from a typical PE fund?

The flagship fund operates with a flexible mandate and no fixed time horizon. This permanent-capital-style structure removes the forced exit clock of a standard closed-end fund, letting the firm hold assets it believes will compound over the long term.

## Related profiles

- [R.A.F. Industries](https://altss.com/profile/r-a-f-industries)
- [Bloom8](https://altss.com/profile/rage-capital)

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Last updated: 2026-06-03T20:00:00.000Z

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