Fidelity Investments closed its $250 million Fidelity Venture Capital Fund I, focusing on making direct, minority investments in global mid- to-late-stage private companies, emphasizing the technology, media, and telecommunications sectors. The fund received strong backing from high-net-worth individuals, family offices, and registered investment advisers and has already deployed $31 million across ten companies, including those in aerospace, defense, A.I., and e-commerce. Fidelity’s extensive experience and global research capabilities position it to support these companies throughout their growth, aiming to deliver solid returns for its investors.
Fidelity Investments Closes Fidelity Venture Capital Fund I at $250 Million
