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ALTERNATIVE INVESTMENTS

Get updates on our private market registered funds

Uncertainty may accelerate the growing opportunity in private markets. Get timely updates and the latest performance data for our current 1940 Act registered fund offerings in private equity and private credit.

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Explore CREDX Explore CREDX

PRIVATE EQUITY REGISTERED

BlackRock's Private Investments Fund (BPIF)

QUARTERLY COMMENTARY

BPIF's latest update

Hear the latest market outlook and details around the Fund's latest investments and positioning.

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Explore BPIF

Get a dynamic breakdown of BPIF's underlying strategy, holdings, characteristics, fees and portfolio managers.

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For your clients

Share this investor guide with your clients that details BPIF's investment strategy and more information about this offering.

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PRIVATE CREDIT REGISTERED

BlackRock Credit Strategies Fund (CREDX)

QUARTERLY COMMENTARY

CREDX's latest update

Hear the latest market outlook and details around the Fund's latest investments and positioning.

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Explore CREDX

Get a dynamic breakdown of CREDX's underlying strategy, holdings, characteristics, fees and portfolio managers.

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For your clients

Share this investor guide with your clients that details BPIF's investment strategy and more information about this offering.

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PRIVATE CREDIT REGISTERED

BlackRock Private Credit Fund (BDEBT)

QUARTERLY COMMENTARY

BDEBT's latest update

Hear the latest market outlook and details around the Fund's latest investments and positioning.

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Explore BDEBT

Get a dynamic breakdown of BDEBT's underlying strategy, holdings, characteristics, fees and portfolio managers.

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For your clients

Share this investor guide with your clients that details BDEBT's investment strategy and more information about this offering.

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Private market insights

2024 Private Markets Outlook

We discuss the past year for each asset class and explore where we believe each one is going in terms of specific opportunities, the current risks, and some of the shifts that make this a unique time for private markets investors.

Private markets survey

See where investors are seeing the biggest opportunities across private asset classes, their priorities when accessing the markets and what they look for when choosing their investment managers.

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Incorporating alternative investments into a portfolio presents the opportunity for significant losses including the loss of your total investment. Also, some alternative investments have experienced periods of extreme volatility and in general, are not suitable for all investors. Short selling entails special risks. If a fund makes short sales in securities that increase in value, the fund will lose value. Any loss on short positions may or may not be offset by investing short sale proceeds in other investments. There are risks associated with private equity that are not applicable to typical investments in the public equity market, are generally illiquid and carry the potential for significant losses. Typically, private credit investments are in restricted securities that are not traded in public markets, can range in credit quality and are subject to substantial holding periods. Direct lending loans should be considered illiquid and vary greatly in risk due to negotiated lending terms. Infrastructure investments are long-dated, illiquid investments that are subject to operational and regulatory risks. The main risk of real estate investments is that the value of the underlying real estate may go down. Many factors may affect values, including general and local economies, vacancy rates, new construction, and zoning, environmental and tax laws. Hedge funds may not be suitable for all investors and often engage in speculative investment practices which increase investment risk; are highly illiquid; are not required to provide periodic prices or valuation; may not be subject to the same regulatory requirements as mutual funds; and often employ complex tax structures. The funds may use derivatives to hedge investments or to seek to enhance returns. Derivatives entail risks relating to liquidity, leverage and credit that may reduce returns and increase volatility.

Investing involves risks, including possible loss of principal.

The information on this website is intended for U.S. residents only. The information provided does not constitute a solicitation of an offer to buy or an offer to sell securities in any jurisdiction to any person to whom it is not lawful to make such an offer.

This information should not be relied upon as research, investment advice, or a recommendation regarding any products, strategies, or any security in particular. This material is strictly for illustrative, educational, or informational purposes and is subject to change.

An investment in the Fund involves a high degree of risk and should be considered speculative. You could lose some or all of your investment. There can be no assurance that the Fund's investment objective will be achieved or that the Fund’s investment program will be successful.

Some Important risk of BlackRock Private Investments (BPIF): The Fund's investments in private companies is subject to a number of risks. Private companies are generally not subject to SEC reporting requirements, are not required to maintain their accounting records in accordance with generally accepted accounting principles, and are not required to maintain effective internal controls over financial reporting. As a result, the Sub-Advisor may not have timely or accurate information about the business, financial condition and results of operations of the private companies in which the Fund invests. There is risk that the Fund may invest on the basis of incomplete or inaccurate information, which may adversely affect the Fund’s investment performance. Private companies in which the Fund may invest may have limited financial resources, shorter operating histories, more asset concentration risk, narrower product lines and smaller market shares than larger businesses, which tend to render such private companies more vulnerable to competitors’ actions and market conditions, as well as general economic downturns. These companies generally have less predictable operating results, may from time to time be parties to litigation, may be engaged in rapidly changing businesses with products subject to a substantial risk of obsolescence, and may require substantial additional capital to support their operations, finance expansion or maintain their competitive position. These companies may have difficulty accessing the capital markets to meet future capital needs, which may limit their ability to grow or to repay their outstanding indebtedness upon maturity. In addition, the Fund’s investment also may be structured as pay-in-kind securities with minimal or no cash interest or dividends until the company meets certain growth and liquidity objectives. Typically, investments in private companies are in restricted securities that are not traded in public markets and subject to substantial holding periods, so that the Fund may not be able to resell some of its holdings for extended periods, which may be several years. There can be no assurance that the Fund will be able to realize the value of private company investments in a timely manner.

Some Important risks of BlackRock Private Credit Fund (BDEBT): Investing in our Common Shares involves a high degree of risk. You should purchase these securities only if you can afford a complete loss of your investment. See “Risk Factors”. Also consider the following: We have no prior operating history and there is no assurance that we will achieve our investment objective. This is a “blind pool” offering and thus you will not have the opportunity to evaluate our investments before we make them. You should not expect to be able to sell your shares regardless of how we perform. You should consider that you may not have access to the money you invest for an extended period of time. We do not intend to list our shares on any securities exchange, and we do not expect a secondary market in our shares to develop prior to any listing. Because you may be unable to sell your shares, you will be unable to reduce your exposure in any market downturn. We intend to implement a share repurchase program, but only a limited number of shares will be eligible for repurchase and repurchases will be subject to available liquidity and other significant restrictions. An investment in our Common Shares is not suitable for you if you need access to the money you invest. See “Suitability Standards” and “Share Repurchase Program in the Fund prospectus.

Carefully consider each Fund’s investment objective, risk factors and charges and expenses before investing. This and other information can be found in the Fund’s prospectus, if applicable, or shareholder report which may be obtained by visiting the SEC Edgar database. Read the prospectus, if applicable, or shareholder report carefully before investing.

Prepared by BlackRock Investments, Inc. LLC. Member FINRA

Not FDIC Insured | May Lose Value | No Bank Guarantee

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