Filed Pursuant to Rule 424(b)(3)
Registration File No.: 333-273508
BLACKROCK PRIVATE INVESTMENTS FUND
Supplement dated February 13, 2024 to the Prospectus
of BlackRock Private Investments Fund dated July 28, 2023, as revised January 31, 2024
This supplement amends certain information in the Prospectus of BlackRock Private Investments Fund (the “Fund”) dated July 28, 2023, as revised January 31, 2024. Unless otherwise indicated, all other information included in the Prospectus that is not inconsistent with the information set forth in this supplement remains unchanged. Capitalized terms not otherwise defined in this supplement have the same meaning as in the Prospectus.
Effective immediately, the following changes are made to the Fund’s Prospectus:
The section of the Prospectus entitled “Management of the Fund—Portfolio Managers” is deleted in its entirety and replaced with the following:
The members of the portfolio management team who are primarily responsible for the day-to-day management of the Fund’s portfolio are as follows:
| | | | | | |
Portfolio Manager | | Primary Role | | Since | | Title and Recent Biography |
Stephen Kelly | | Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio, including setting the Fund’s overall investment strategy and overseeing the management of the Fund. | | 2021 | | Managing Director of BlackRock, Inc. since 2006 and Global Head of Business Operations for BlackRock Private Equity Partners (“PEP”) from 2016 to 2020. |
Lynn Baranski | | Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio, including setting the Fund’s overall investment strategy and overseeing the management of the Fund. | | 2022 | | Managing Director of BlackRock, Inc. since 2004; Global Co-Head of Private Equity Partners since 2023; Global Head of Investments for PEP since 2010. |
James Keenan | | Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio, including setting the Fund’s overall investment strategy and overseeing the management of the Fund. | | 2021 | | Managing Director of BlackRock, Inc. since 2008 and Head of the Leveraged Finance Portfolio Team. |
Jeffrey Cucunato | | Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio, including setting the Fund’s overall investment strategy and overseeing the management of the Fund. | | 2021 | | Managing Director of BlackRock, Inc. since 2005. |
Johnathan Seeg | | Jointly and primarily responsible for the day-to-day management of the Fund’s portfolio, including setting the Fund’s overall investment strategy and overseeing the management of the Fund. | | 2024 | | Managing Director of BlackRock, Inc. since 2012; Global Co-Head of Private Equity Partners since 2023; Global Head of Strategy and Investor Relations for PEP from 2015 to 2022. |
The SAI provides additional information about other accounts managed by the portfolio management team and the ownership of the Fund’s securities by each portfolio manager.
Shareholders should retain this Supplement for future reference.