Founded in 2010 by James McHugh, Tquila has successfully cultivated a diverse portfolio of rapidly growing technology service businesses spanning the US, EMEA, Japan, and Australia. The company integrates investment with expertise in accelerated growth, talent acquisition, and operations.

Tquila supports companies from their inception through to exit, investing as either stand-alone entities or in collaboration with consulting technology firms and software companies. Since its founding, it has created over $1b in equity value. Its current portfolio spans Data, AI, ServiceNow, Microsoft Dynamics, Google Cloud, Salesforce, UiPath, AWS, and Snowflake.

The Paloma Fund is set to boost the growth of Tquila's existing portfolio and expand its investments into a wider array of technologies and geographical areas.

Tquila has built an impressive team of industry and asset management experts to deliver on its strategy, including Carsten Jorgensen, former Chair and CEO of the Mittal Family Investment Office and Head of Investments at Inter IKEA Fund Management. Carsten will Chair the Paloma Fund and said that “The Paloma Fund reaching a solid first close in under six months is testimony to the unique opportunity Tquila offers investors and clients to partner with the in-demand software companies, and to a committed and talented group of tech entrepreneurs.”

James McHugh, founder and CEO of Tquila, former founder, CEO and Chairman of K2 Partnering Solutions said, “We are fortunate to have a world class team of entrepreneurs invested with, as advisors to, and as partners of – our inaugural fund.

All of us at Tquila are delighted to be working with Carsten and the Paloma Fund team. The experience, focus and professionalism they’ve brought to the group has allowed us to accelerate our opportunity and with that, growth.”