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Rating:Fidelity Venture Bet Adds Second Private Equity Fund Not Rated 3.0 Email Routing List Email & Route  Print Print
Tuesday, May 22, 2007

Fidelity Venture Bet Adds Second Private Equity Fund

by: Sean Hanna, Editor in Chief

Fidelity Venture chief Rob Ketterson is getting the opportunity to run a broader portfolio for the Johnsons. The private equity specialist is starting a new fund -- Fidelity Equity Partners -- that will invest in fast growing, small- and mid-sized companies, reports the Boston Herald. The fund will also absorb the portfolio of Fidelity Capital Investors, which invests primarily in Boston-based businesses. The Fidelity Equity Partners fund will have $500 million in assets handled by six principals in Boston and London who are seeking majority investments in business worth $50 to $150 million. 

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