Investment adviser · CRD 107105

BLACKROCK FINANCIAL MANAGEMENT, INC

NEW YORK, NY, United States · Form ADV filed Feb 28, 2025

Regulatory AUM: $1.29T
Client accounts: 2,184
Employees: 6,407
Advisory professionals: 1,038

How this adviser has changed

Annual filings

Regulatory assets under management

Up to five fiscal years, using the latest annual update available at the selected filing date. Asset changes can reflect acquisitions, client flows, and valuations; they are not investment returns.

Annual adviser history and sources
Fiscal year	Regulatory AUM	Employees	Filed
2021	$1,318,243,655,697	6,043	Mar 30, 2022
2022	$1,163,046,943,604	6,491	Mar 30, 2023
2023	$1,288,497,806,439	6,407	Mar 28, 2024

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
Insurance companies	318	$422,223,000,000	32.8%
Pooled investment vehicles	362	$364,961,000,000	28.3%
Retirement plans	163	$140,711,000,000	10.9%
Government entities	60	$133,620,000,000	10.4%
Corporations & businesses	184	$90,263,960,455	7.0%
Sovereign wealth & foreign institutions	42	$76,620,999,704	5.9%
Charities	51	$19,561,591,626	1.5%
Investment companies	21	$17,786,205,670	1.4%
Other investment advisers	8	$15,879,199,931	1.2%
High-net-worth individuals	77	$6,006,642,057	0.5%
Banks & thrifts	5	$858,826,009	0.1%
Individuals	11	$5,483,295	0.0%

Filing source

Form ADV 1948385 · Feb 28, 2025 · Item 5.D

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Private funds & service providers

336 detailed fund records

Largest reported gross asset value first; unreported values last. Gross asset value is fund-level disclosure, distinct from adviser AUM and Form D fundraising. Master and feeder funds may overlap.

EUROPEAN HEDGE FUND LLCHedge Fund · Feeder$1.04BGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Strategic Equity Hedge Fund LLC

Fund administrator THE BANK OF NEW YORK MELLON SOMMERSET, New Jersey, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor DELOITTE & TOUCHE GRAND CAYMAN, Cayman Islands Other funds reporting this name →

Marketer MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

Marketer UBS FINANCIAL SERVICES INC. WEEHAWKEN, New Jersey, United States Related to adviser: No Other funds reporting this name →

Provider details

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

DELOITTE & TOUCHE
PCAOB 1096

MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED
CRD 7691 · SEC 801-14235

UBS FINANCIAL SERVICES INC.
CRD 8174 · SEC 801-7163

Fund details & source

Fund ID: 805-7784659343
Reported beneficial owners: 1,236
Minimum commitment: $100K
Form D file number: 021-270014

Form ADV 1948385 · Feb 28, 2025 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

DECARBONIZATION MASTER FUND (LUXEMBURG SCSP)Private Equity Fund$980MGross asset value

Search Form D filings →

Fund administrator STATE STREET DUBLIN, Ireland Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor DELOITTE LUXEMBOURG, Luxembourg Other funds reporting this name →

Custodian STATE STREET CUSTODIAL SERVICES (IRELAND) LIMITED DUBLIN, Ireland Related to adviser: No Other funds reporting this name →

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: 805-3222365609
Reported beneficial owners: 2
Minimum commitment: $10K

Form ADV 1948385 · Feb 28, 2025 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

GLOBAL INFRASTRUCTURE DEBT ISSUER LPHedge Fund$975MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Global Infrastructure Debt Issuer LP

Auditor DELOITTE IRELAND DUBLIN, Ireland Other funds reporting this name →

Provider details

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

DELOITTE IRELAND
PCAOB 1193

Fund details & source

Fund ID: 805-5650251172
Reported beneficial owners: 16
Minimum commitment: $10M
Form D file number: 021-391719

Form ADV 1948385 · Feb 28, 2025 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

BLACKROCK CREDIT ALPHA MASTER FUND, L.P.Hedge Fund · Master$957MGross asset value

Search Form D filings →

Fund administrator STATE STREET CAYMAN TRUST COMPANY, LTD SACRAMENTO, California, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor DELOITTE & TOUCHE PRINCETON, New Jersey, United States Other funds reporting this name →

Custodian STATE STREET BANK & TRUST COMPANY BOSTON, Massachusetts, United States Related to adviser: No Other funds reporting this name →

Marketer BLACKROCK INVESTMENTS, LLC NEW YORK, New York, United States Related to adviser: Yes Other funds reporting this name →

Prime broker CREDIT SUISSE SECURITIES (USA) LLC NEW YORK, New York, United States Other funds reporting this name →

Prime broker MERRILL LYNCH PROFESSIONAL CLEARING CORP. NEW YORK, New York, United States Other funds reporting this name →

Provider details

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

DELOITTE & TOUCHE
PCAOB 34

BLACKROCK INVESTMENTS, LLC
CRD 38642 · SEC 8-48436

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

MERRILL LYNCH PROFESSIONAL CLEARING CORP.
CRD 16139 · SEC 8-33359

Fund details & source

Fund ID: 805-6743536448
Reported beneficial owners: 4
Minimum commitment: $0

Form ADV 1948385 · Feb 28, 2025 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

DFO PUBLIC INVESTMENTS, L.P.Other Private Fund$918MGross asset value

Search Form D filings →

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: 805-6746810581
Reported beneficial owners: 2
Minimum commitment: $0

Form ADV 1948385 · Feb 28, 2025 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

FACULTAS FUND 2, L.P.Hedge Fund$873MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

Facultas Fund 2, L.P.

Fund administrator BANK OF NEW YORK MELLON NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor DELOITTE & TOUCHE LLP PHILADELPHIA, Pennsylvania, United States Other funds reporting this name →

Custodian BANK OF NEW YORK MELLON, N.A. NEW YORK, New York, United States Related to adviser: No Other funds reporting this name →

Provider details

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

DELOITTE & TOUCHE LLP
PCAOB 34

Fund details & source

Fund ID: 805-9604129781
Reported beneficial owners: 3
Minimum commitment: $400M
Form D file number: 021-305670

Form ADV 1948385 · Feb 28, 2025 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

BLACKROCK APPRECIATION STRATEGY FUND, LTD.Hedge Fund$825MGross asset value

Form D fundraising filings

View filings for the issuer linked by this fund’s reported Form D file numbers.

BlackRock Appreciation Strategy Fund, Ltd.

Fund administrator MUFG ALTERNATIVE FUND SERVICES (CAYMAN), LTD. GRAND CAYMAN, Cayman Islands Investor statements: Yes (provided to all investors) Related to adviser: No Other funds reporting this name →

Auditor DELOITTE & TOUCHE GRAND CAYMAN, Cayman Islands Other funds reporting this name →

Custodian MUFG ALTERNATIVE FUND SERVICES (CAYMAN), LTD. GRAND CAYMAN, Cayman Islands Related to adviser: No Other funds reporting this name →

Custodian THE BANK OF NEW YORK MELLON (INTERNATIONAL) LIMITED LONDON, United Kingdom Related to adviser: No Other funds reporting this name →

Marketer BLACKROCK INVESTMENTS, LLC NEW YORK, New York, United States Related to adviser: Yes Other funds reporting this name →

Provider details

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

DELOITTE & TOUCHE
PCAOB 1096

BLACKROCK INVESTMENTS, LLC
CRD 38642 · SEC 8-48436

Fund details & source

Fund ID: 805-6103538457
Reported beneficial owners: 39
Minimum commitment: $5M
Form D file number: 021-137789

Form ADV 1948385 · Feb 28, 2025 · Schedule D 7.B.(1)

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Services & filing details

View a filing

Showing values from the selected filing. Latest observed filing does not establish current registration status.

What changed?

Since Feb 12, 2025 · previous imported filing

No comparable changes in the displayed metrics.

Filing source

Form ADV 1948385 · Feb 28, 2025 · Items 1 & 5

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.

Management of assets

Discretionary: $1.29T
Non-discretionary: $3.08B

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 1948385 · Feb 28, 2025 · Items 1 & 5

Reported by BLACKROCK FINANCIAL MANAGEMENT, INC (CRD 107105).

Other-Than Anual Amendment For Registered Adviser.

Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.