Fidelity Direct Lending

Fidelity Direct Lending, managed by Fidelity Diversified Solutions LLC, operates as a public, non-listed business development company (BDC) with a focus on credit investments. With over $620 billion in credit investments under management, the company leverages Fidelity's extensive credit market experience to offer investment opportunities in below investment grade securities, often referred to as "junk," to eligible investors. It employs leverage within regulatory limits and offers monthly distributions, subject to Board approval, without guaranteeing secondary market liquidity for its shares.