Investment adviser · CRD 107105

BLACKROCK FINANCIAL MANAGEMENT, INC

Investment adviser filing (IA)

NEW YORK, NY, United States · Form ADV filed Aug 27, 2026

Regulatory AUM: $1.6T
Client accounts: 2,283
Employees: 7,987
Advisory professionals: 889

Who they report serving

Form ADV · Item 5.D

Client types and their share of reported regulatory assets.

Client type	Clients	Regulatory assets	Share of AUM
Pooled investment vehicles	399	$548,161,289,739	34.4%
Insurance companies	294	$457,645,185,538	28.7%
Government entities	54	$172,829,187,022	10.8%
Retirement plans	154	$163,893,476,960	10.3%
Corporations & businesses	195	$101,077,223,020	6.3%
Sovereign wealth & foreign institutions	49	$90,420,609,613	5.7%
Charities	58	$28,582,354,196	1.8%
Investment companies	21	$17,373,069,588	1.1%
Other investment advisers	9	$8,763,349,958	0.5%
High-net-worth individuals	64	$5,434,214,822	0.3%
Banks & thrifts	6	$839,141,433	0.1%
Other clients	Fewer than 5	$79,123,101	0.0%
Individuals	6	$1,603,926	0.0%

Filing source

Form ADV 2128806 · Aug 27, 2026 · Item 5.D

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Private funds & service providers

50+ Private funds

The count excludes feeder funds. Funds in the latest filing appear first, ordered by reported gross assets. Earlier funds retain their last reported values.

Browse the first 49 funds across 7 pages.

BLACKROCK SYSTEMATIC TOTAL ALPHA MASTER FUND LTD - AGGREGATEHedge Fund · Last reported Aug 27, 2026$73.3BGross asset value

Feeder funds

BLACKROCK SYSTEMATIC TOTAL ALPHA FUND LLC

Fund administrator STATE STREET CAYMAN TURST COMPANY, LTD. SACRAMENTO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS CAYMAN ISLANDS PHILADELPHIA, Pennsylvania, United States

Custodian STATE STREET BANK & TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS CAYMAN ISLANDS
PCAOB 238

Fund details & source

Fund ID: 805-1297993243
Reported beneficial owners: 2
Minimum commitment: $100K

Form ADV 2128806 · Aug 27, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

CURRENT ASSET FUND LIMITEDLiquidity Fund · Last reported Aug 27, 2026$9.1BGross asset value

Form D fundraising filings

Current Asset Fund Ltd.

Fund administrator STATE STREET BANK & TRUST COMPANY BOSTON, Massachusetts, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States

Custodian STATE STREET BANK & TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No

Marketer BLACKROCK INVESTMENTS, LLC NEW YORK, New York, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

BLACKROCK INVESTMENTS, LLC
CRD 38642 · SEC 8-48436

Fund details & source

Fund ID: 805-1936363559
Reported beneficial owners: 1
Minimum commitment: $1
Form D file number: 021-192824

Form ADV 2128806 · Aug 27, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BLACKROCK LONG TERM PRIVATE CAPITAL SCSPHedge Fund · Last reported Aug 27, 2026$4.6BGross asset value

Form D fundraising filings

BlackRock Long Term Private Capital, SCSp

Fund administrator BANK OF NEW YORK MELLON SA/NV LUXEMBOURG, Luxembourg Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS, SOCIETE COOPERATIVE LUXEMBOURG, Luxembourg

Custodian BANK OF NEW YORK MELLON SA/NV LUXEMBOURG, Luxembourg Related to adviser: No

Marketer BLACKROCK INVESTMENTS, LLC NEW YORK, New York, United States Related to adviser: Yes

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS, SOCIETE COOPERATIVE
PCAOB 1328

BLACKROCK INVESTMENTS, LLC
CRD 38642 · SEC 8-48436

Fund details & source

Fund ID: 805-2347803274
Reported beneficial owners: 79
Minimum commitment: $10M
Form D file number: 021-334965

Form ADV 2128806 · Aug 27, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

QUALIFIED PURCHASER FUNDS, LLC STRATEGIC CASH PORTFOLIO IILiquidity Fund · Last reported Aug 27, 2026$4.19BGross asset value

Fund administrator STATE STREET BANK & TRUST COMPANY BOSTON, Massachusetts, United States Investor statements: No (provided to no investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP PHILADELPHIA, Pennsylvania, United States

Custodian STATE STREET BANK & TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

Fund details & source

Fund ID: 805-6149715428
Reported beneficial owners: 2
Minimum commitment: $0

Form ADV 2128806 · Aug 27, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

GLOBAL INFRASTRUCTURE DEBT FUND II LEVERED FINCO LP - AGGREGATEOther Private Fund · Last reported Aug 27, 2026$4.12BGross asset value

No provider names available in this fund's imported disclosure.

Provider details

Annual audit: No
Prime brokers: No
Custodians: No
Administrator other than the adviser: No
External marketing: No

Fund details & source

Fund ID: 805-4341455288
Reported beneficial owners: 2
Minimum commitment: $5M

Form ADV 2128806 · Aug 27, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

US ALPHA ADVANTAGE MASTER FUND LPHedge Fund · Last reported Aug 27, 2026$4.08BGross asset value

Feeder funds

US ALPHA ADVANTAGE FUND LP

Fund administrator JPMORGAN CHASE BANK, N.A. DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS CAYMAN ISLANDS PHILADELPHIA, Pennsylvania, United States

Custodian JPMORGAN CHASE BANK, N.A. NEW YORK, New York, United States Related to adviser: No

Prime broker J.P. MORGAN SECURITIES INC. NEW YORK, New York, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS CAYMAN ISLANDS
PCAOB 238

J.P. MORGAN SECURITIES INC.
CRD 18718 · SEC 8-36950

Fund details & source

Fund ID: 805-6042695177
Reported beneficial owners: 1
Minimum commitment: $0

Form ADV 2128806 · Aug 27, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

BLACKROCK SYSTEMATIC TOTAL ALPHA FUND LTD.Hedge Fund · Last reported Aug 27, 2026$3.94BGross asset value

Fund administrator STATE STREET CAYMAN TURST COMPANY, LTD. SACRAMENTO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS CAYMAN ISLANDS PHILADELPHIA, Pennsylvania, United States

Custodian STATE STREET BANK & TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

Provider details

Annual audit: Yes
Prime brokers: No
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: No

PRICEWATERHOUSECOOPERS CAYMAN ISLANDS
PCAOB 238

Fund details & source

Fund ID: 805-8275555398
Reported beneficial owners: 1
Minimum commitment: $1M
Form D file number: 021-380228

Form ADV 2128806 · Aug 27, 2026 · Schedule D 7.B.(1)

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

Services & filing details

Most recent filing: Aug 27, 2026. View historical filings

Reported services

Individual portfolio management · Investment company portfolio management · Pooled investment vehicle management · Business portfolio management · Pension consulting · Selection of other advisers

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

50 HUDSON YARDS
NEW YORK, NY, 10001, United States

CRD 107105

Filing source

Form ADV 2128806 · Aug 27, 2026 · Items 1 & 5

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.