DLA Piper advised Cuadrilla Capital, a leading enterprise software investment firm, in the closing of its fund II and related co-investment vehicles. The closing of the fund brings the company’s total assets under management to more than US$500 million.
Founded in 2021 and headquartered in Santa Barbara, CA, Cuadrilla partners with SaaS companies with strong product-market fit and significant strategic value to drive accelerated growth and long-term success.
“We were pleased to advise Cuadrilla on the closing of their second fund and support Jonah, Vikram and the broader team in their mission to generate meaningful returns for leading endowments, foundations, family offices and other financial institutions by partnering with growing, innovative software platforms,” said Yoni Tuchman, the DLA Piper partner who led the fund formation team.
In addition to Tuchman (Los Angeles), the DLA Piper team included tax partner Aalok Virmani (Chicago), of counsel Aimee Albright (Chicago), associates David Pennant (Philadelphia), Matthew Seafield (Chicago) and Connor Moldo (Los Angeles).
The firm’s global investment funds team provides a dynamic, integrated service to sponsors, fund managers and institutional investors, supported by the firm’s international tax and regulatory networks. The team advises clients on the full spectrum of private investment funds, all major investment strategies and all stages of a private investment fund’s life cycle.
