Form D · Other Investment Fund

Fidelity Exchange Fund, LP

Boston, MA · CIK 0001972395

Offering snapshot reported Jun 26, 2026 · SEC filing

Reported sold: $487M
Investors reported: 322
Minimum accepted: $0
First sale: May 11, 2023

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$267,539,257 → $486,597,697
Reported investors234 → 322

Filing history

Scroll to see all columns →

Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jun 26, 2026	Amendment	$486,597,697	$219,058,440vs Jun 27, 2025	322	SEC filing
Jun 27, 2025	Amendment	$267,539,257	$159,414,772vs Jun 28, 2024	234	SEC filing
Jun 28, 2024	Amendment	$108,124,485	No comparison	87	SEC filing
Apr 28, 2023	Initial	Yet to sell	No comparison	0	SEC filing

Offering details

Securities: Equity, Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $0
Finders' fees: $0
Form D file number: 021-480271

Sales compensation recipients

Scroll to see all columns →

Recipient	CRD	Associated broker-dealer
Fidelity Brokerage Services LLC	7784
Fidelity Distributors Company LLC	17507
First Georgetown Securities, Inc.	5871
William Blair & Company LLC	1252
MML Investors Services LLC	10409
Berthel Fisher & Company Financial Services Inc	13609
&Partners	3767
Newedge Securities LLC	10674
Mesirow Financial Inc	2764

Source: Form D, filed Jun 26, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

FIDELITY EXCHANGE FUND, LP

Investment adviser: FIDELITY DIVERSIFYING SOLUTIONS LLC

Gross asset value: $601M
Beneficial owners: 323
ADV minimum commitment: $250K

Reported in Form ADV on Aug 20, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator FIDELITY SERVICE COMPANY, INC. BOSTON, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: Yes

Auditor PRICEWATERHOUSE COOPERS LLP BOSTON, Massachusetts, United States

Custodian STATE STREET BANK & TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No

Marketer BERTHEL FISHER & COMPANY FINANCIAL SERVICES, INC. CEDAR RAPIDS, Iowa, United States Related to adviser: No

Marketer FIDELITY BROKERAGE SERVICES LLC SMITHFIELD, Rhode Island, United States Related to adviser: Yes

Marketer FIDELITY DISTRIBUTORS COMPANY LLC SMITHFIELD, Rhode Island, United States Related to adviser: Yes

Marketer FIRST GEORGETOWN SECURITIES, INC ALEXANDRIA, Virginia, United States Related to adviser: No

Marketer MESIROW FINANCIAL, INC. CHICAGO, Illinois, United States Related to adviser: No

Marketer MML INVESTORS SERVICES, LLC SPRINGFIELD, Massachusetts, United States Related to adviser: No

Marketer NEWEDGE SECURITIES, LLC PITTSBURGH, Pennsylvania, United States Related to adviser: No

Marketer &PARTNERS NASHVILLE, Tennessee, United States Related to adviser: No

Marketer WILLIAM BLAIR & COMPANY L.L.C. CHICAGO, Illinois, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSE COOPERS LLP
PCAOB 238

STATE STREET BANK & TRUST COMPANY
LEI 571474TGEMMWANRLN572

BERTHEL FISHER & COMPANY FINANCIAL SERVICES, INC.
CRD 13609 · SEC 801-62277

FIDELITY BROKERAGE SERVICES LLC
CRD 7784 · SEC 8-23292

FIDELITY DISTRIBUTORS COMPANY LLC
CRD 17507 · SEC 8-35097

FIRST GEORGETOWN SECURITIES, INC
CRD 5871 · SEC 801-68760

MESIROW FINANCIAL, INC.
CRD 2764 · SEC 8-28816

MML INVESTORS SERVICES, LLC
CRD 10409 · SEC 801-44264

NEWEDGE SECURITIES, LLC
CRD 10674 · SEC 8-27663

&PARTNERS
CRD 3767 · SEC 801-37145

WILLIAM BLAIR & COMPANY L.L.C.
CRD 1252 · SEC 801-688

Filing source

Form ADV 2126079 · Aug 20, 2026 · Schedule D 7.B.(1), fund 805-1998533316

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Joseph Benedetti	Executive
Stephanie Brown	Executive
Horace Codjoe	Executive
Casey Condron	Director, Executive
N/A Fidelity Funds Manager, Llc	Executive, Promoter
Risteard Hogan	Director, Executive
William Irving	Executive
Martin Mc Gee	Director, Executive
Christian Pariseault	Director
Kimberly Perry	Director
Thomas Vercillo	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

245 Summer Street
Boston, MA, 02210