Private Markets

XPIDX

BlackRock Private Investments Fund

Overview

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Performance

Performance

Growth of Hypothetical $10,000

Performance chart data not available for display.
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Distributions

This fund does not have any distributions.
  1y 3y 5y 10y Incept.
6.31 - - - 1.86
  YTD 1m 3m 1y 3y 5y 10y Incept.
2.86 - 1.26 6.31 - - - 4.40
  2018 2019 2020 2021 2022
Total Return (%) - - - - 0.40
Morningstar Category Avg. (%) - - - - -

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Key Facts

Key Facts

Size of Fund (Millions) -
Share Class launch date Mar 01, 2021
Asset Class Alternative
CUSIP 09260N303
Net Expense Ratio 3.82%
Distribution Frequency Annual
Number of Holdings -
Open to New Investors Yes

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

Business Involvement

Business Involvement

Business Involvement metrics can help investors gain a more comprehensive view of specific activities in which a fund may be exposed through its investments.


Business Involvement metrics are not indicative of a fund’s investment objective, and, unless otherwise stated in fund documentation and included within a fund’s investment objective, do not change a fund’s investment objective or constrain the fund’s investable universe. For more information regarding a fund's investment strategy, please see the fund's prospectus.


Review the MSCI methodology behind the Business Involvement metrics, using links below.

MSCI - Controversial Weapons as of Jul 31, 2023 0.00%
MSCI - UN Global Compact Violators as of Jul 31, 2023 0.00%
MSCI - Nuclear Weapons as of Jul 31, 2023 0.00%
MSCI - Thermal Coal as of Jul 31, 2023 0.00%
MSCI - Civilian Firearms as of Jul 31, 2023 0.00%
MSCI - Oil Sands as of Jul 31, 2023 0.00%
MSCI - Tobacco as of Jul 31, 2023 0.00%

Business Involvement Coverage as of Jul 31, 2023 10.82%
Percentage of Fund not covered as of Jul 31, 2023 89.94%
BlackRock business involvement exposures as shown above for Thermal Coal and Oil Sands are calculated and reported for companies that generate more than 5% of revenue from thermal coal or oil sands as defined by MSCI ESG Research. For the exposure to companies that generate any revenue from thermal coal or oil sands (at a 0% revenue threshold), as defined by MSCI ESG Research, it is as follows: Thermal Coal 0.00% and for Oil Sands 0.00%.

Business Involvement metrics are calculated by BlackRock using data from MSCI ESG Research which provides a profile of each company’s specific business involvement. BlackRock leverages this data to provide a summed up view across holdings and translates it to a fund's market value exposure to the listed Business Involvement areas above.


Business Involvement metrics are designed only to identify companies where MSCI has conducted research and identified as having involvement in the covered activity. As a result, it is possible there is additional involvement in these covered activities where MSCI does not have coverage. This information should not be used to produce comprehensive lists of companies without involvement. Business Involvement metrics are only displayed if at least 1% of the fund’s gross weight includes securities covered by MSCI ESG Research.

ESG Integration

ESG Integration

ESG integration is the practice of incorporating financially material environmental, social and governance (ESG) data or information into the investment decision process with the objective of enhancing risk-adjusted returns of our clients’ portfolios. Unless otherwise stated in Fund documentation or included within the Fund's investment objective, inclusion of this statement does not imply that the Fund has an ESG-aligned investment objective or strategy, but rather describes how ESG data or information is considered as part of the overall investment process.

The Fund manager includes ESG considerations in the sourcing, initial screening and due diligence phases of the investment process. This may include the use of internal ESG due diligence templates to identify, analyze and document key ESG risks associated with any specific investment opportunity. Where appropriate, identified ESG risks are highlighted in the Investment Committee materials and discussed at the relevant Investment Committee meetings. The Fund manager also includes environmental, social and governance considerations during post-investment monitoring as part of its periodic portfolio reviews between the investment team and BlackRock’s Risk and Quantitative Analysis group. These reviews include discussion of the performance of the asset as well as portfolio exposure to material environmental, social and governance risks, where appropriate.

Fees data reflected above is current as of the latest annual shareholder report.

Holdings

Holdings

Sorry, top holdings are not available at this time.
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Portfolio Managers

Portfolio Managers

Stephen J. Kelly
Managing Director

Stephen J. Kelly, Managing Director, is a senior Portfolio Manager and Head of the BlackRock Private Investments Fund (BPIF) within BlackRock Private Equity Partners (PEP).

Joseph M. Auriemma
Managing Director

Joseph M. Auriemma, Managing Director, is a Portfolio Manager for the BlackRock Private Investments Fund ("BPIF") within BlackRock's Private Equity Partners business.

Lynn Baranski
Managing Director

Managing Director, is the Global Head of Investments for BlackRock Private Equity Partners (PEP) within BlackRock Alternative Investors (BAI).

Jeff Cucunato
Managing Director

Jeff Cucunato is the lead portfolio manager for the Multi-Strategy Credit platform within BlackRock's Global Credit group.

James Keenan, CFA
Chief Investment Officer and Global Head of Credit

James E. Keenan, CFA, Managing Director, is Chief Investment Officer and Global Head of Credit within BlackRock Alternative Investors (BAI).

Portfolio Manager

Literature

Literature