Fund Manager Who Backed Palantir Raises Funds for New Long-Term Capital Firm
- Burak Alici seeks as much as $200 million in permanent capital
- Manager launches Qvidtvm with Nina Murphy as operating chief
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Burak Alici, a veteran Morgan Stanley mutual fund manager, is starting his own firm to invest in public and private companies through a permanent-capital vehicle, according to a person familiar with the matter.
Qvidtvm Inc. is seeking to raise $100 million to $200 million, using a C-corp structure that caters to family offices in which investors lock up capital for years, said the person, who asked not to be identified because the firm hasn’t officially launched. The vehicle, which the firm plans to list as a publicly traded conglomerate, will focus on equity investments in consumer goods, industrials and digital companies.