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PC · PRIVATE CREDIT

Fidelity Private Credit Company LLC

Fidelity · Private Credit BDC (Reg D)

Program Overview

Private Credit BDC (Reg D)
Fidelity Private Credit Company LLC
Peer Group Filters
Objectives
IncomeCapital Appreciation
Asset Class
Private Credit
Vehicle
BDC
Single / Multi Asset
Multi-Asset
Sponsor/Manager
Asset Class
Private Credit
Issuer
Fidelity Private Credit Company LLC
Issuer Legal Structure
Delaware Limited Liability Company
Program Life Structure
Evergreen
Target Leverage
Minimum 150% asset coverage Revolver (Truist agent, $266M at 7/31/2026, commitments $600M after 8/25/2026) is secured with subsidiary guarantors; JSPV facility (JPMorgan agent, $575M, $700M max) is non-recourse to the Fund. Total $841M.
Strategy Risk/Return Profile
-
Managing Broker-Dealer
FDC
Strategy Overview

Business development company that originates floating-rate private credit to U.S. middle market companies. Targets first lien senior secured and unitranche loans, with second lien, last-out, mezzanine and equity-linked positions to a lesser degree. At least 80% of total assets go to Private Credit and 70% to BDC qualifying assets. Objective: current income and, to a lesser extent, long-term capital appreciation. Non-diversified under the 1940 Act. Each investment goes before a three-member Direct Lending Investment Committee, and the Fund may use leverage up to 150% asset coverage.

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