The Democratic National Committee will soon be sending rent checks to Fidelity Investments, Reuters reports. The committee has signed a lease to rent 50,000 square feet of downtown Boston office space owned by the fund giant.

Fidelity owns a total of five million square feet of real estate in Massachusetts, of which it rents 1.3 million square feet.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.