Investment adviser · CRD 108069

BLACKROCK CAPITAL MANAGEMENT, INC.

Investment adviser filing (IA)

WILMINGTON, DE, United States · Form ADV filed Jul 9, 2026

Regulatory AUM: $173B
Client accounts: 31
Employees: 79
Advisory professionals: 75

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	4	$167,315,498,877	96.9%
Corporations & businesses	Fewer than 5	$1,844,697,085	1.1%
High-net-worth individuals	9	$1,831,006,406	1.1%
Government entities	Fewer than 5	$1,500,283,095	0.9%
Charities	Fewer than 5	$128,828,326	0.1%

Filing source

Form ADV 2118532 · Jul 9, 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

6 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.

INSTITUTIONAL CASH SERIES PLC - BLACKROCK ICS US DOLLAR LIQUIDITY FUNDLiquidity Fund · Last reported Jul 9, 2026$119BGross asset value

Fund administrator JP MORGAN ADMINISTRATION SERVICES (IE) LIMITED DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG DUBLIN, Ireland

Custodian JP MORGAN BANK (IE) PLC DUBLIN, Ireland Related to adviser: No

Marketer BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No

Provider details

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

ERNST & YOUNG
PCAOB 1366

Fund details & source

Fund ID: 805-6141899593
Reported beneficial owners: 1,250
Minimum commitment: $1M
Form D file number: 021-274021

Form ADV 2118532 · Jul 9, 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.

INSTITUTIONAL CASH SERIES PLC - BLACKROCK ICS US TREASURY FUNDLiquidity Fund · Last reported Jul 9, 2026$30BGross asset value

Fund administrator JP MORGAN ADMINISTRATION SERVICES (IE) LIMITED DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST & YOUNG DUBLIN, Ireland

Custodian JP MORGAN BANK (IE) PLC DUBLIN, Ireland Related to adviser: No

Marketer BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No

Provider details

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

ERNST & YOUNG
PCAOB 1366

Fund details & source

Fund ID: 805-8608708677
Reported beneficial owners: 236
Minimum commitment: $1M
Form D file number: 021-274021

Form ADV 2118532 · Jul 9, 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 HEALTH SCIENCES MASTER UNIT TRUSTHedge Fund · Last reported Jul 9, 2026$783KGross asset value

Feeder funds

BLACKROCK HEALTH SCIENCES HEDGE FUND, LLC
BLACKROCK HEALTH SCIENCES (OFFSHORE) HEDGE FUND

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

Auditor DELOITTE & TOUCHE PRINCETON, New Jersey, United States

Custodian THE NORTHERN TRUST COMPANY CHICAGO, Illinois, United States Related to adviser: No

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

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

Prime broker UBS SECURITIES LLC BOSTON, Massachusetts, 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

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

UBS SECURITIES LLC
CRD 7654 · SEC 8-22651

Fund details & source

Fund ID: 805-3942929830
Reported beneficial owners: 3
Minimum commitment: $1M

Form ADV 2118532 · Jul 9, 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 ENERGY OPPORTUNITY MASTER FUND, L.P.Hedge Fund · Last reported Jul 9, 2026$0Gross asset value

Feeder funds

BLACKROCK ENERGY OPPORTUNITY FUND, L.P.
BLACKROCK ENERGY OPPORTUNITY OFFSHORE FUND, L.P.

Fund administrator SS&C PRIVATE EQUITY SERVICES, INC. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor DELOITTE & TOUCHE LLP PHILADELPHIA, Pennsylvania, United States

Custodian THE BANK OF NEW YORK MELLON NEW YORK, New York, United States Related to adviser: No

Prime broker UBS SECURITIES LLC 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

DELOITTE & TOUCHE LLP
PCAOB 34

UBS SECURITIES LLC
CRD 7654 · SEC 8-22651

Fund details & source

Fund ID: 805-7212440311
Reported beneficial owners: 18
Minimum commitment: $5M

Form ADV 2118532 · Jul 9, 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.

VH PORTFOLIO HEALTH SCIENCES HEDGE FUNDHedge Fund · Last reported Feb 6, 2017$63.6MGross asset value

Fund administrator SEI GLOBAL SERVICES INC OAKS, Pennsylvania, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Custodian UBS SECURITIES LLC NEW YORK, New York, United States Related to adviser: No

Prime broker UBS SECURITIES LLC NEW YORK, New York, United States

Provider details

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

UBS SECURITIES LLC
SEC 8-22651

UBS SECURITIES LLC
CRD 7654 · SEC 8-22651

Fund details & source

Fund ID: 805-8920517149
Reported beneficial owners: 5
Minimum commitment: $0

Form ADV 1069186 · Feb 6, 2017 · 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.

INSTITUTIONAL CASH SERIES PLC INSTITUTIONAL US DOLLAR ULTRA SHORT BOND FUNDLiquidity Fund · Last reported Jul 12, 2012$51.1MGross asset value

Fund administrator JP MORGAN ADMINISTRATION SERVICES (IE) LIMITED DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor PRICEWATERHOUSECOOPERS DUBLIN, Ireland

Custodian JP MORGAN BANK (IE) PLC DUBLIN, Ireland Related to adviser: No

Marketer BARCLAYS BANK PLC LONDON, United Kingdom Related to adviser: No

Provider details

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

Fund details & source

Fund ID: 805-2314250307
Reported beneficial owners: 22
Minimum commitment: $50K

Form ADV 658348 · Jul 12, 2012 · 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: Jul 9, 2026. View historical filings

Reported services

Individual portfolio management · Pooled investment vehicle management · Business portfolio management · Selection of other advisers

Compensation

Percentage of assets · Fixed · Performance-based

Principal office

100 BELLEVUE PARKWAY
WILMINGTON, DE, 19809, United States

CRD 108069

Filing source

Form ADV 2118532 · Jul 9, 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.