[Federal Register Volume 88, Number 11 (Wednesday, January 18, 2023)]
[Notices]
[Pages 2980-2981]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-00788]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 34803; File No. 812-15307]


Fidelity Private Credit Fund., et al.

January 11, 2023.
AGENCY:  Securities and Exchange Commission (``Commission'' or 
``SEC'').

ACTION:  Notice.

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    Notice of application for an order (``Order'') under sections 17(d) 
and 57(i) of the Investment Company Act of 1940 (the ``Act'') and rule 
17d-1 under the Act to permit certain joint transactions otherwise 
prohibited by sections 17(d) and 57(a)(4) of the Act and rule 17d-1 
under the Act.

Summary of Application:  Applicants request an order to permit certain 
business development companies and closed-end management investment 
companies to co-invest in portfolio companies with each other and with 
certain affiliated investment entities.

Applicants: Fidelity Private Credit Fund, Fidelity Multi-Strategy 
Credit Fund, Fidelity Diversifying Solutions

[[Page 2981]]

LLC, Fidelity Management & Research Company LLC, Fidelity Distressed 
Opportunities Master Fund I, LP, FIAM LLC, Fidelity Direct Lending 
Fund, LP, Fidelity Direct Lending Institutional Fund, LP, Fidelity Real 
Estate Debt Opportunities Fund I, LP, Fidelity REDOF I REIT, LLC, 
Fidelity Real Estate Opportunistic Income Fund, LP.

Filing Dates: The application was filed on February 2, 2022 and amended 
on June 13, 2022, November 30, 2022 and December 28, 2022.

Hearing or Notification of Hearing: An order granting the requested 
relief will be issued unless the Commission orders a hearing. 
Interested persons may request a hearing on any application by emailing 
the SEC's Secretary at [email protected] and serving the 
Applicants with a copy of the request by email, if an email address is 
listed for the relevant Applicant below, or personally or by mail, if a 
physical address is listed for the relevant Applicant below.
    Hearing requests should be received by the Commission by 5:30 p.m. 
on February 7, 2023, and should be accompanied by proof of service on 
applicants, in the form of an affidavit or, for lawyers, a certificate 
of service. Pursuant to rule 0-5 under the Act, hearing requests should 
state the nature of the writer's interest, any facts bearing upon the 
desirability of a hearing on the matter, the reason for the request, 
and the issues contested. Persons who wish to be notified of a hearing 
may request notification by emailing the Commission's Secretary at 
[email protected].

ADDRESSES: The Commission: [email protected]. Applicants: 
Cynthia Lo Bessette, Esq., [email protected].

FOR FURTHER INFORMATION CONTACT: Asen Parachkevov, Senior Counsel, or 
Terri G. Jordan, Branch Chief, at (202) 551-6825 (Division of 
Investment Management, Chief Counsel's Office).

SUPPLEMENTARY INFORMATION: For Applicants' representations, legal 
analysis, and conditions, please refer to Applicants' second amended 
and restated application, dated December 28, 2022, which may be 
obtained via the Commission's website by searching for the file number 
at the top of this document, or for an Applicant using the Company name 
search field, on the SEC's EDGAR system. The SEC's EDGAR system may be 
searched at, at http://www.sec.gov/edgar/searchedgar/legacy/companysearch.html. You may also call the SEC's Public Reference Room 
at (202) 551-8090.

    For the Commission, by the Division of Investment Management, 
under delegated authority.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2023-00788 Filed 1-17-23; 8:45 am]
BILLING CODE 8011-01-P


