Fidelity Private Equity Multi-Strategy Fund III LP
Private Equity FundFund ID 805-5137711016Delaware, United States
Gross assets
$115.4M
Min. investment
$50K
Beneficial owners
346
Size rank
Top 41%
Audited
Yes
Structure
Master
About this fund
Fidelity Private Equity Multi-Strategy Fund III LP is a private equity fund managed by Fidelity Diversifying Solutions LLC. The fund reports $115.4 million in gross assets, placing it among the top 41% of private funds by size. The stated minimum investment is $50,000. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-5137711016 |
| Fund type | Private Equity Fund |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | Yes |
| Relies on exemption from registration | Yes |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Fidelity Evergreen Private Credit Fund LP | Hedge | $1.35B |
| Fidelity Credit Opportunities Fund II LP | Private Equity | $764.8M |
| Fidelity Evergreen Private Credit Master Fund LP | Hedge | $716.6M |
| Fidelity Exchange Fund, LP | Other Private | $601.1M |
| Fidelity Venture Capital Fund I LP | Private Equity | $380.7M |
| Fidelity Unlevered Private Credit Fund LP | Hedge | $340.2M |
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Join to unlock · $37/moFrequently asked questions
How large is Fidelity Private Equity Multi-Strategy Fund III LP?
Fidelity Private Equity Multi-Strategy Fund III LP reports $115.4 million in gross assets, among the top 41% of private funds by size.
What is the minimum investment for Fidelity Private Equity Multi-Strategy Fund III LP?
The stated minimum investment is $50,000.
Who manages Fidelity Private Equity Multi-Strategy Fund III LP?
Fidelity Private Equity Multi-Strategy Fund III LP is managed by Fidelity Diversifying Solutions LLC.
Does Fidelity Private Equity Multi-Strategy Fund III LP disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
Boston, MA
Service providers
Reported gross assets
$115.4MNo change
Feb '26Form ADV, monthlyAug '26
How this fund compares
Gross assetsTop 41%
Larger than 59% of 67,603 private funds
Gross assets vs Private Equity FundsTop 37%
Larger than 63% of 31,272 private equity funds
Minimum investmentTop 85%
Higher than 15% of funds reporting a minimum
Investor base
Adviser & related persons8%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.