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Fidelity Institutional expands PE platform for financial intermediaries

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Fidelity Institutional expands PE platform for financial intermediaries

Fidelity Institutional is broadening its alternative investmentsplatform to provide access to a wider range of private equity funds.

The expansion was done through a strategic relationship withiCapital Network and expanded relationships with CAIS and Goldman Sachs Asset Management LP.

Financial advisers and family office professionals will be ableto access iCapital Network's selection of single-manager, multi-manager and vintageyear investments; CAIS' product platform that provides access to hedge funds andprivate equity funds; Goldman Sachs Asset Management's portfolios of external privateequity managers and external hedge fund manager solutions and alternative investmentthought leadership; and registered private equity products for accredited investorsthrough Fidelity's Alternative Investments Network.

Fidelity Institutional is a division of Fidelity Investments,a registered trademark of FMR LLC.