# Fidelity Management and Research Company: portfolio, investments and team

> Fidelity Management and Research Company is a growth equity based in United States. 14 investments on record, latest Oct 2019.

Source: https://millionrounds.com/fund/fidelity-management-and-research-company (Millionrounds; every figure on the page links to its filing or article)

United States · [Investor](https://millionrounds.com/investors)

# Fidelity Management and Research Company

Last cheque observed Oct 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Quiet Growth equity

Series B Series C Series D Developer APIs FinTech

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 14 on record

Since the last cheque **2560** days **00** hrs **00** min **00** sec

Median round **$275M** Rounds led **0 of 14** Sole investor **1 rounds** Exits **3 from the portfolio** Mostly in **United States, 93%**

Pitch Fidelity Management and Research Company

## Fidelity Management and Research Company highlights

- 01 14 rounds on record
- 02 Mostly Series B and Series C: 58% of its rounds
- 03 Sole investor in 1 rounds, median $17M
- 04 3 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Developer APIs FinTech
- **Based in:** Smithfield, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **14 appearances**

- **2019** 1 round
- **Oct** **[Nuvation Bio](https://millionrounds.com/company/nuvation-bio)** Series A · US · FinSMEs **$275M** With 11 others
- **2015** 7 rounds
- **Sept** **[Intellia Therapeutics](https://millionrounds.com/company/intellia-therapeutics)** Series B · US **$70M** With 7 others
- **Aug** **[Wave Life Sciences](https://millionrounds.com/company/wave-life-sciences)** Series B · US **$66M** With 6 others
- **Aug** **[Honest Co.](https://millionrounds.com/company/honest-co)** Series D · US **$100M** With 4 others
- **Aug** **[Ovid Therapeutics](https://millionrounds.com/company/ovid-therapeutics)** Series B · US **$75M** With 7 others
- **Aug** **[Editas Medicine](https://millionrounds.com/company/editas-medicine)** Series B · US **$120M** With 14 others
- **Jul** **[GenSight Biologics](https://millionrounds.com/company/gensight-biologics)** Series B · FR **$36M** With 8 others
- **Jul** **[Afferent Pharmaceuticals](https://millionrounds.com/company/afferent-pharmaceuticals)** Series C · US **$55M** With 5 others
- **2013** 2 rounds
- **Oct** **[Pinterest](https://millionrounds.com/company/pinterest)** Series E · US · techcrunch.com **$225M** With 5 others
- **Oct** **[MongoDB](https://millionrounds.com/company/mongodb)** Series F · US · techcrunch.com **$150M** With 8 others
- **2012** 1 round
- **Apr** **[KaloBios Pharmaceuticals](https://millionrounds.com/company/kalobios-pharmaceuticals)** Growth · US **$17M** Sole investor
- **2011** 1 round
- **Feb** **[Zynga](https://millionrounds.com/company/zynga)** Series C · US · techcrunch.com **$490M** With 3 others
- **2008** 1 round
- **Jan** **[Slide](https://millionrounds.com/company/slide)** Series D · US · bits.blogs.nytimes.com **$50M** With 1 other
- **2007** 1 round
- **Feb** **[Exit41](https://millionrounds.com/company/exit41)** Venture · US **$7.0M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **24 named**

AP **Abigail Pierrepont Johnson** Chairman of the Board, Director i Form ADV

AR **Alfonso Riviezzo** Elected Manager i Form ADV

AV **Anton V Marchuk** Elected Manager i Form ADV

BA **Bart Alexander Grenier** President, Head of Asset Management i Form ADV

CM **Casey Moore Condron** Head of Sales & Relationship Management, Director i Form ADV

CG **Christian Girard Pariseault** Head of Institutional Portfolio Managers, Director i Form ADV

CJ **Christopher John Rimmer** Treasurer i Form ADV

CM **Christopher Michael Gouveia** Compliance Officer i Form ADV

CL **Cynthia Lo Bessette** Senior Vice President, Secretary, Chief Legal Officer i Form ADV

DG **Dalton Gustafson** Elected Manager i Form ADV

ED **Edward Daniel O'Brien** Elected Manager i Form ADV

ES **Erica Steinig Birke** Elected Manager i Form ADV

GJ **Gary John Gallagher** Elected Manager/President i Form ADV

HJ **Harley Jay Lank** Head of High Income i Form ADV

JD **James Darby Nielson** Chief Investment Officer i Form ADV

JJ **Jason John Linde** Chief Compliance Officer i Form ADV

JP **Jason Philip Pogorelec** Compliance Officer i Form ADV

KL **Kimberly Lyn Perry** Director i Form ADV

KY **Ksenia Yanovna Portnoy** Compliance Officer i Form ADV

MS **Manmohan S Seth** Elected Manager i Form ADV

MT **Martin Tague Mcgee** Director i Form ADV

PR **Pam Ruddick Holding** Co-Head Equity i Form ADV

PS **Peter Simon Lynch** Vice Chairman, Director i Form ADV

RS **Richard Scott Harrigan** Chief Financial Officer i Form ADV

We also hold **31** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$7431B** assets it manages, 5 advisers combined Oct 2026

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Fidelity Diversifying Solutions LLC
- **SEC number:** CRD 104555

Funds on its Form ADV

**31** private funds, **$7.0B** in gross assets · filed Nov 2024

Other pooled investment vehi **15** Private equity **7** Hedge **5**

- FIAM Global Unconstrained Equity Fund L.P. *Hedge* 78 investors $1.5B
- FIAM Broad Market Duration Fund, LLC *Other pooled investment vehi* 6 investors $968M
- FIAM Tactical BOND Fund, L.P. *Other pooled investment vehi* 27 investors $490M
- FIAM Leveraged LOAN Fund, L.P. *Other pooled investment vehi* 8 investors $392M
- FIAM Core Plus Fund, LLC *Other pooled investment vehi* 10 investors $359M
- FIAM Select Emerging Markets Equity Fund, L.P. *Other pooled investment vehi* 9 investors $341M
- FIAM Global LOW Volatility Equity Fund L.P. *Other pooled investment vehi* 5 investors $303M
- Fidelity Real Estate Opportunistic Income Fund L.P. *Hedge* 14 investors $302M
- FIAM Select International Equity Fund, LLC *Other pooled investment vehi* 2 investors $285M
- Fidelity Evergreen Private Credit Master Fund L.P. *Hedge* 7 investors $276M

And 21 more on the filing.

## What they claim to have backed

From their own portfolio page (on their website)

**1** of 7 we have independently watched raise

[Reddit](https://millionrounds.com/company/reddit) About Fidelity Alerts Communications Customer Support Documents FINRA's BrokerCheck

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **3 in all**

**[KaloBios Pharmaceuticals](https://millionrounds.com/company/kalobios-pharmaceuticals)** Listed **Undisclosed** Jan 2013

**[Zynga](https://millionrounds.com/company/zynga)** Listed **Undisclosed** Dec 2011

**[Slide](https://millionrounds.com/company/slide)** Bought by [Google](https://millionrounds.com/fund/google-assistant-investments) **$182M** Aug 2010

An exit counts when it came after the firm's first round in the company. From historical deal records.

## The cheque

Series B Series C Series D

Median round joined **$275M** the round, not its cheque Alone, median **$17M**

Led 0 of 14 rounds **0%**

- **Sole investor:** 1 rounds
- **Last cheque:** Oct 2019
- **Exits:** 3 from the portfolio

Rounds by stage said on their site

- Series B *5*
- Series C *2*
- Series D *2*
- Series F *1*
- Growth *1*
- Venture *1*

Cheques by year Led Joined

2007 2019

Often in the room with

- [Jennison Associates](https://millionrounds.com/fund/jennison-associates) 5
- [Redmile Group](https://millionrounds.com/fund/redmile-group) 4
- [T. Rowe Price](https://millionrounds.com/fund/t-rowe-price) 4
- [EcoR1 Capital](https://millionrounds.com/fund/ecor1-capital) 3
- [Cormorant Asset Management](https://millionrounds.com/fund/cormorant-asset-management) 2
- [Foresite Capital](https://millionrounds.com/fund/forsite-capital) 2

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## Who they invest alongside

The investors most often in the same rounds as Fidelity Management and Research Company. A count of rooms they were both in, not a relationship either has claimed.

[**Jennison Associates** Growth equity **5** rounds together](https://millionrounds.com/fund/jennison-associates)[**Redmile Group** VC firm **4** rounds together](https://millionrounds.com/fund/redmile-group)[**T. Rowe Price** Private equity **4** rounds together](https://millionrounds.com/fund/t-rowe-price)[**EcoR1 Capital** Private equity **3** rounds together](https://millionrounds.com/fund/ecor1-capital)[**Cormorant Asset Management** Private equity **2** rounds together](https://millionrounds.com/fund/cormorant-asset-management)[**Foresite Capital** Private equity **2** rounds together](https://millionrounds.com/fund/forsite-capital)[**New Leaf Venture Partners** VC firm **2** rounds together](https://millionrounds.com/fund/new-leaf-venture-partners)[**Omega Funds** VC firm **2** rounds together](https://millionrounds.com/fund/omega-funds)[**Perceptive Advisors** Asset manager **2** rounds together](https://millionrounds.com/fund/perceptive-advisors)[**Tekla Capital Management** VC firm **2** rounds together](https://millionrounds.com/fund/tekla-capital-management)

## Recently backed

The latest companies Fidelity Management and Research Company put money into.

[**Nuvation Bio** $275M · Oct 2019](https://millionrounds.com/company/nuvation-bio)

## Quick answers about Fidelity Management and Research Company

### What does Fidelity Management and Research Company invest in?

Fidelity Management and Research Company invests most often at Series B and Series C (58% of the rounds on record), in sectors such as Developer APIs and FinTech.

### How active is Fidelity Management and Research Company?

14 investments on record, 0 of them in the last 12 months. The most recent was in Oct 2019.

### What has Fidelity Management and Research Company invested in recently?

Its most recent investments on record: Nuvation Bio (Series A, Oct 2019).

### How big are Fidelity Management and Research Company's cheques?

The median round it joins is $275M.

### Does Fidelity Management and Research Company lead rounds?

Rarely, if at all: none of its 14 investments on record names it as the lead.

### Where does Fidelity Management and Research Company invest?

Most of the companies it backs are in the United States (93%) and France (7%).

### Is Fidelity Management and Research Company investing now?

No investments in the last 12 months; the latest was in Oct 2019.

### Who does Fidelity Management and Research Company invest alongside?

Most often Jennison Associates (5 rounds together), Redmile Group (4 rounds together) and T. Rowe Price (4 rounds together).

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