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.

OBSIDIAN RELATIVE VALUE STRATEGY MASTER FUND, LTD.Hedge Fund · Last reported Aug 27, 2026$3.87BGross asset value

Feeder funds

OBSIDIAN RELATIVE VALUE STRATEGY FUND, LTD.
OBSIDIAN RELATIVE VALUE STRATEGY FUND, YEN

Fund administrator NORTHERN TRUST HEDGE FUND SERVICES, LLCASE BANK, N.A. CHICAGO, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE PRINCETON, New Jersey, United States

Custodian NORTHERN TRUST HEDGE FUND SERVICES CHICAGO, Illinois, United States Related to adviser: No

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

Prime broker CITIGROUP GLOBAL MARKETS 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: Yes

DELOITTE & TOUCHE
PCAOB 1096

BLACKROCK INVESTMENTS, LLC
CRD 38642 · SEC 8-48436

CITIGROUP GLOBAL MARKETS INC.
CRD 7059 · SEC 8-8177

Fund details & source

Fund ID: 805-1847176631
Reported beneficial owners: 12
Minimum commitment: $1M
Form D file number: 021-1268

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 RENEWABLE POWER FUND III, SCSPPrivate Equity Fund · Last reported Aug 27, 2026$2.82BGross asset value

Fund administrator INTERNATIONAL FUND SERVICES (IRELAND) LIMITED DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE IRELAND LLP DUBLIN, Ireland

Custodian STATE STREET CUSTODIAL SERVICES (IRELAND) LIMITED DUBLIN, Ireland Related to adviser: No

Provider details

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

DELOITTE IRELAND LLP
PCAOB 1193

Fund details & source

Fund ID: 805-3709962355
Reported beneficial owners: 162
Minimum commitment: $10M

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 DIVERSIFIED PRIVATE DEBT FUND MASTER LPOther Private Fund · Last reported Aug 27, 2026$2.8BGross asset value

Feeder funds

BLACKROCK DIVERSIFIED PRIVATE DEBT FUND FEEDER LP

Fund administrator INTERNATIONAL FUND SERVICES (IRELAND) LIMITED DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELIOTTE IRELAND LLP DUBLIN, Ireland

Custodian STATE STREET CUSTODIAL SERVICES (IRELAND) LIMITED DUBLIN, Ireland Related to adviser: No

Provider details

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

DELIOTTE IRELAND LLP
PCAOB 1193

Fund details & source

Fund ID: 805-6157731219
Reported beneficial owners: 2
Minimum commitment: $13.3M

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 INFRASTRUCTURE FUNDS ICAV - GLOBAL RENEWABLE POWER FUND IIIOther Private Fund · Last reported Aug 27, 2026$2.43BGross asset value

Fund administrator INTERNATIONAL FUND SERVICES (IRELAND) LIMITED DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE IRELAND DUBLIN, Ireland

Custodian STATE STREET BANK AND TRUST COMPANY DUBLIN, Ireland Related to adviser: No

Provider details

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

DELOITTE IRELAND
PCAOB 1193

Fund details & source

Fund ID: 805-3929733824
Reported beneficial owners: 1
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.

ZURICH AMERICAN LIFE INSURANCE COMPANYOther Private Fund · Last reported Aug 27, 2026$2.18BGross asset value

Fund administrator BENEFIT FINANCE PARTNERS ST. LOUIS, Missouri, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP NEW YORK, New York, United States

Custodian BNY MELLON NEW YORK, New York, 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: 805-2841766356
Reported beneficial owners: 1
Minimum commitment: $500M
Form D file number: 021-234636

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 EQUITY STYLES ACTIVE EXTENSION SCREENED FUND, LTDHedge Fund · Last reported Aug 27, 2026$2.02BGross asset value

Form D fundraising filings

US Equity Styles 130/30 Screened Fund, Ltd.

Fund administrator JPM-JP MORGAN CHASE (JPMORGA5) DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS LLP PHILADELPHIA, Pennsylvania, United States

Custodian J.P. MORGAN SECURITIES INC. BROOKLYN, New York, United States Related to adviser: No

Prime broker CITIGROUP GLOBAL MARKETS INC. NEW YORK, New York, United States

Prime broker DEUTSCHE BANK SECURITIES INC. NEW YORK, New York, United States

Prime broker MORGAN STANLEY 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 LLP
PCAOB 238

J.P. MORGAN SECURITIES INC.
SEC 8-36950

CITIGROUP GLOBAL MARKETS INC.
CRD 7059 · SEC 8-8177

DEUTSCHE BANK SECURITIES INC.
CRD 2525 · SEC 8-17822

MORGAN STANLEY
CRD 149777 · SEC 8-68191

Fund details & source

Fund ID: 805-7715717841
Reported beneficial owners: 3
Minimum commitment: $2M
Form D file number: 021-380233

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 RENEWABLE POWER INFRASTRUCTURE FUND III (C), SCSPPrivate Equity Fund · Last reported Aug 27, 2026$2.01BGross asset value

Fund administrator INTERNATIONAL FUND SERVICES (IRELAND) LIMITED DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE IRELAND LLP DUBLIN, Ireland

Custodian STATE STREET CUSTODIAL SERVICES (IRELAND) LIMITED DUBLIN, Ireland Related to adviser: No

Provider details

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

DELOITTE IRELAND LLP
PCAOB 1193

Fund details & source

Fund ID: 805-7037679402
Reported beneficial owners: 98
Minimum commitment: $10M

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.