Form D · Private Equity Fund

Fidelity Private Equity Multi-Strategy Fund III LP

Boston, MA · CIK 0002045847

Offering snapshot reported Jan 14, 2026 · SEC filing

Reported sold: $73.4M
Investors reported: 164
Minimum accepted: $0
First sale: Mar 28, 2025

What changed?

Latest filing versus its linked predecessor, where available.

Reported investors0 → 164

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Jan 14, 2026	Amendment	$73,365,000	No comparison	164	SEC filing
Jan 15, 2025	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: 021-535376

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
Fidelity Brokerage Services LLC	7784
Park Avenue Securities LLC	46173
Fidelity Distributors Company LLC	17507
Berthel, Fisher & Company Financial Services, Inc.	13609

Source: Form D, filed Jan 14, 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 PRIVATE EQUITY MULTI-STRATEGY FUND III LP

Investment adviser: FIDELITY DIVERSIFYING SOLUTIONS LLC

Gross asset value: $115M
Beneficial owners: 346
ADV minimum commitment: $50K

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 AND 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 PARK AVENUE SECURITIES LLC NEW YORK, New York, 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 AND 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

PARK AVENUE SECURITIES LLC
CRD 46173 · SEC 801-58108

Filing source

Form ADV 2126079 · Aug 20, 2026 · Schedule D 7.B.(1), fund 805-5137711016

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

Related funds

Funds whose names form a numbered series with this one and that share its city or the name of a related person. Form D does not state how these funds are related.

Fund	Latest Form D	Reported sold	Investors
Fidelity Private Equity Multi-Strategy Fund II LP	Jun 5, 2024	$80,462,601	163
Fidelity Private Equity Multi-Strategy Fund III LP (this fund)	Jan 14, 2026	$73,365,000	164

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
Michael Bailey	Director, Executive
N/A Fidelity Private Equity Multi Strategy Fund Iii Gp Llc	Executive, Promoter
Karen Korn	Director, Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

245 Summer Street
Boston, MA, 02210