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.

MERLION TACTICAL STRATEGIES FUND LTD.Hedge Fund · Last reported Aug 27, 2026$884MGross asset value

Fund administrator J.P. MORGAN SECURITIES INC. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE GRAND CAYMAN, Cayman Islands

Custodian J.P. MORGAN SECURITIES INC. 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

DELOITTE & TOUCHE
PCAOB 1096

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

Fund details & source

Fund ID: 805-7468492480
Reported beneficial owners: 1
Minimum commitment: $125M

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.

REDITUS ALTERNATIVE FUND SCSPHedge Fund · Last reported Aug 27, 2026$869MGross asset value

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

Fund administrator STATE STREET SERVICES (LUXEMBOURG) SA LUXEMBOURG, Luxembourg Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE LUXEMBOURG, Luxembourg

Custodian STATE STREET BANK LUXEMBOURG S.C.A. LUXEMBOURG, Luxembourg Related to adviser: No

Provider details

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

DELOITTE
PCAOB 1287

Fund details & source

Fund ID: 805-7171430728
Reported beneficial owners: 17
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 SYSTEMATIC CHINA ABSOLUTE RETURN MASTER FUND LTD. - AGGREGATEHedge Fund · Last reported Aug 27, 2026$862MGross asset value

Feeder funds

BLACKROCK SYSTEMATIC CHINA ABSOLUTE RETURN 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

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

Prime broker CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States

Prime broker MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED 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: Yes

PRICEWATERHOUSECOOPERS LLP
PCAOB 238

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

BLACKROCK INVESTMENTS, LLC
CRD 38642 · SEC 8-48436

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

CREDIT SUISSE SECURITIES (USA) LLC
CRD 816 · SEC 8-422

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 8-7221

MORGAN STANLEY
CRD 149777 · SEC 8-68191

Fund details & source

Fund ID: 805-8397935376
Reported beneficial owners: 22
Minimum commitment: $1M

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 US COMMERCIAL REAL ESTATE WHOLE LOAN FUND L.P.Real Estate Fund · Last reported Aug 27, 2026$861MGross asset value

Fund administrator MUFG ALTERNATIVE FUND SERVICES (CAYMAN) LTD GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS AARATA LLC TOKYO, Japan

Custodian BANK OF NEW YORK 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 AARATA LLC
PCAOB 2743

Fund details & source

Fund ID: 805-1703684385
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 TOTAL EQUITY OPPORTUNITIES FUNDHedge Fund · Last reported Aug 27, 2026$854MGross asset value

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

Auditor PRICEWATERHOUSECOOPERS CAYMAN ISLANDS PHILADELPHIA, Pennsylvania, United States

Provider details

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

PRICEWATERHOUSECOOPERS CAYMAN ISLANDS
PCAOB 238

Fund details & source

Fund ID: 805-4678898316
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.

BLACKROCK MULTI STRATEGY CREDIT MASTER FUND LTDHedge Fund · Last reported Aug 27, 2026$851MGross asset value

Feeder funds

BLACKROCK MULTI-STRATEGY CREDIT FUND LTD.
BLACKROCK MULTI-STRATEGY CREDIT FUND LLC
BLACKROCK MULTI-STRATEGY CREDIT FUND LLC

Fund administrator STATE STREET CAYMAN TRUST 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 CITIBANK, N.A. NEW YORK, New York, United States Related to adviser: No

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

Prime broker BOFA SECURITIES, INC. CHARLOTTE, North Carolina, United States

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 UBS FINANCIAL SERVICES INC. ZURICH, Switzerland

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

PRICEWATERHOUSECOOPERS CAYMAN ISLANDS
PCAOB 238

BLACKROCK INVESTMENTS, LLC
CRD 38642 · SEC 8-48436

BOFA SECURITIES, INC.
CRD 283942 · SEC 8-69787

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

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

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 8-16267

Fund details & source

Fund ID: 805-6289100581
Reported beneficial owners: 93
Minimum commitment: $1M

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.

THE 32 CAPITAL (ERISA) PORTABLE ALPHA FUND LTD. - AGGREGATEHedge Fund · Last reported Aug 27, 2026$829MGross 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: 805-4122817630
Reported beneficial owners: 2
Minimum commitment: $15M

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.