BlackRock Preferred Partners LLC
100Bellevue Parkway
Wilmington, DE 19809
July 20, 2017
VIA EDGAR AND ELECTRONIC MAIL
Samantha Brutlag
Division of Investment Management
U.S. Securities and Exchange Commission
100 F Street N.E.
Washington, DC 20549
| RE: | BlackRock Preferred Partners LLC (File Nos. 333-218077 & 811-22550) |
Dear Ms. Brutlag:
Pursuant to Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended, BlackRock Preferred Partners LLC (the “Registrant”) hereby requests that the effectiveness of the above-referenced Registration Statement on Form N-2 be accelerated so that it may become effective by 4:00 p.m., Washington, D.C. time, on Friday, July 21, 2017, or as soon thereafter as reasonably practicable.
| Very truly yours, | |||
| BLACKROCK PREFERRED PARTNERS LLC | |||
| By: | /s/ Janey Ahn | ||
| Name: | Janey Ahn | ||
| Title: | Secretary | ||
BlackRock Investments, LLC
55 East 52nd Street
New York, NY 10055
July 20, 2017
VIA EDGAR AND ELECTRONIC MAIL
Samantha Brutlag
Division of Investment Management
U.S. Securities and Exchange Commission
100 F Street N.E.
Washington, DC 20549
| RE: | BlackRock Preferred Partners LLC (File Nos. 333-218077 & 811-22550) |
Dear Ms. Brutlag:
Pursuant to Rule 461 of the General Rules and Regulations under the Securities Act of 1933, as amended, BlackRock Investments, LLC (the “Distributor”) hereby requests that the effectiveness of the above-referenced Registration Statement on Form N-2 be accelerated so that it may become effective by 4:00 p.m., Washington, D.C. time, on Friday, July 21, 2017, or as soon thereafter as reasonably practicable.
| Very truly yours, | |||
| BLACKROCK INVESTMENTS, LLC | |||
| By: | /s/ Jonathan Diorio | ||
| Name: | Jonathan Diorio | ||
| Title: | Director | ||
