New technology-focused private-equity firm Cuadrilla Capital is targeting $250m for its debut fund, according to people familiar with the fundraising effort.

The recently established firm was co-founded by former Marlin Equity Partners executive Jonah Sulak in 2020.

The firm, which opened its doors at the beginning of the year, has an upper limit of $300m for the investment vehicle, the people said.

Source: Wall Street Journal

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