Blackrock Private Markets - (subfund) Blackrock Multi Alternatives Growth Fund

Blackrock Private Markets - (subfund) Blackrock Multi Alternatives Growth Fund is an evergreen private markets vehicle managed by BlackRock and domiciled in Luxembourg, where it is structured as a SICAV and authorised as a ELTIF under the UCI Part II regime. It follows the ELTIF 2.0 framework, which allows pan-European distribution to both professional and retail investors subject to suitability requirements, and it has been operating since 2025. The portfolio is managed as a multi asset mandate across private markets exposures, placing it among the 62 multi-asset funds and the 33 funds combining that asset class with a Luxembourg domicile in a database covering 494 vehicles as of 31 Aug 2026.

Dealing mechanics are those of an open-ended semi-liquid structure rather than a drawdown fund. The base currency is EUR, capital is accepted on a monthly basis against a monthly net asset value, and repurchases are offered quarterly subject to a notice period of 30 and to a hard lock-up applying to newly subscribed shares. Redemptions are capped at the vehicle level, so exit timing depends on aggregate requests in a given window; investors should treat the stated frequency as a gate-limited facility rather than a guarantee of liquidity. The minimum subscription is 10,000 EUR, which positions the fund at the wealth-channel end of the 347 Luxembourg-domiciled funds tracked.

The fund is classified Article 8 under SFDR and carries a summary risk indicator of 6 on the PRIIPs scale, consistent with equity-like volatility and limited redemption flexibility. Fee terms comprise a management fee of and a performance fee of , with an all-in that can be compared against the 62 funds in the same asset class; reported assets under management stand at , a relevant input given that redemption capacity in open-ended private markets vehicles scales with fund size.