Partners Group Private Markets SMA Strategy | BlackRock

Underlying Fund Materials

BlackRock Private Investments Fund (BPIF)

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BlackRock Private Credit Fund (BDEBT)

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HPS Corporate Lending Fund (HLEND)

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Partners Group Funds

View Offering Materials

Please consider the investment objectives, risks, charges, and expenses of the funds carefully before investing. The prospectuses, private placement memorandum, and if available, the summary prospectuses contain this and other information about the BlackRock and Partners Group funds and are available by calling 800-882-0052 or at www.blackrock.com/funds for BlackRock Funds and 1-877-748-7209 for Partners Group Funds. The prospectuses, private placement memorandum, and if available, the summary prospectuses should be read carefully before investing.

Investing involves risk, including possible loss of principal.

The funds discussed are actively managed and their characteristics will vary. Alternative investments involve substantial risk and present the opportunity for significant losses, including the loss of your total investment. Alternative investments have experienced periods of extreme volatility and in general, are not suitable for all investors. Stock and bond values fluctuate in price so the value of your investment can go down depending on market conditions.

Investing involves risk, including possible loss of principal. Asset allocation and diversification may not protect against market risk, loss of principal or volatility of returns. Actual investment outcomes may vary. There is no guarantee that these investment strategies will work under all market conditions or are appropriate for all investors, and each investor should evaluate their ability to invest long term, especially during periods of downturn in the market. No representation is being made that any account, product or strategy will or is likely to achieve profits.

Clients are responsible for checking the data room periodically for updates to the materials, particularly prior to effecting any subscriptions, and should not rely on notifications or alerts regarding such updates. Clients, or Financial Advisors should refer to contact information provided within fund materials if further fund-specific information is required.

The information included on this page is only intended for US Persons (as defined in Regulation S under the Securities Act of 1933) that are accredited investors (within the meaning of Rule 501 under the Securities Act of 1933) and qualified clients (within the meaning of Rule 205-3 under the Investment Advisers Act of 1940). Prior to making an investment decision, please review the applicable offering document available at the links above for important disclosures, risks, and fund-specific terms and conditions (including the fees and expenses applicable to each underlying fund). Please also refer to the Terms & Conditions available at the link below.

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