Unlocking private markets for wealth investors

Capital at risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.

Accessing private markets with ELTIF

The European Long-Term Investment Fund (ELTIF) is an investment wrapper that allows private market funds to be marketed across the EU with a single passport. The latest update, ELTIF 2.0, offers lower minimum investments and periodic liquidity, as well as additional use cases for wealth managers spanning discretionary, digital, and advisory portfolio management.

BlackRock Private Equity Fund

The BlackRock Private Equity Fund (BPE) is an innovative, evergreen solution, providing investors with immediate exposure to BlackRock’s private equity investments and deal flow, that are diversified across sectors, strategies, and geographies globally.

The Fund’s strategy is managed by BlackRock Private Equity Partners (PEP), with over 25 years of experience¹ in private equity investing across direct co-investments, primaries, and secondaries.

Why Private Equity?

Private equity investors can access a wider range of companies, with 88% of global firms earning over USD$100 million annually being private.² Moreover, historically, private equity has outperformed public markets³ due to active management, flexible capital deployment, and unique investment opportunities. For example, opportunities in growth sectors such as healthcare, technology, media and communication.

BPE provides access to BlackRock’s global and diversely sourced private equity deals that are filtered by BlackRock’s disciplined deal selection and due diligence process.

• Co-investment deals sourced across GP, BlackRock, Separate account GP, and management team relationships.
• Out of nearly 10,000 opportunities reviewed, only ~4%⁴ passed our investment selection process and were approved and closed.

Illustrative strategy

The index performance shown on this slide is not comparable to the Fund and is not representative of the performance that the Fund will achieve and is not a reliable indicator of the returns that any investor will receive. Past performance is not a reliable indicator of current or future results and should not be the sole factor of consideration when selecting a product or strategy. Index returns are for illustrative purposes only. Index performance returns do not reflect any management fees, transaction costs or expenses. indexes are unmanaged and one cannot invest directly in an index. Diversification and asset allocation may not fully protect you from market risk.

BlackRock Multi Alternatives Growth Fund

BlackRock’s flagship Multi Alternatives Fund (MAG) has the flexibility to invest across the full breadth of private markets to deliver capital growth over the long term.

Why Multi-Alternatives?

Each asset class in private markets behaves differently in changing market environments. By investing in a blend of them and leveraging diverse strategies and implementation methods, we aim to reduce complexity and build greater resilience into a single portfolio. The fund provides exposure to BlackRock's mega forces - the major structural changes transforming our world like Digital Disruption and Artificial Intelligence, Energy Transition, and the Future of Finance.

With 750+⁵ externally invested managers, we have vast connections to sourcing across regions, asset classes and industries.

Illustrative strategy

BlackRock closed-ended ELTIFs

BlackRock has also successfully launched several closed-ended ELTIFs, demonstrating our expertise across private markets.

⁷BlackRock, June 2025. Case studies are for illustrative purposes only; they are not meant as a guarantee of any future results or experience and should not be interpreted as advice or a recommendation.

These materials do not constitute an offer to sell, or a solicitation of an offer to sell, securities in any jurisdiction or to any person. Prospective investors should read the full final offering documentation before investing. Subsequent investments will only be valid if made on this basis.