Fidelity International - New Direct Lending Fund
Hi,
I am currently a A2 at a mezz/DL fund and got introduced to Fidelity. Apparently, they set up a new private credit business 2 years ago (I think) and just launched their first DL fund and made the first deal in Europe (Netherlands).
Does anyone have any further information regarding this gig (especially for London/Europe)?
Heard they overhired like crazy and aren’t getting any deals done, not sure how much $$ they have to deploy… could be struggling with fundraising
Heard that the fund is approx. ~1bn $ but not sure..
Growing team with ~2b currently. US based only at the current moment. Small team sub 30 total. MM focus primarily 1st lien.
What's comp like?
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