Fidelity Expands Access to Private Equity Funds

(Daily Alts) Fidelity Expands Access to Private Equity FundsWhen Fidelity Investments ripped $2 billion from a pair of alternative mutual funds earlier this year, some observers thought it might mean the investment giant was getting out of the alternatives market. As it turns out, that wasn’t quite the case, at least for Fidelity’s advisor platform. In fact, Fidelity is expanding its focus on its alternatives offerings, as indicated by the recent expansion of its private equity platform for financial intermediaries.

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