Blackrock Financial Management Inc/De - Jun 30, 2025 Form 4 Insider Report for BlackRock Private Investments Fund (N/A)

Role: Affl. Of Investment Adviser, 10%+ Owner
Signature: /s/ Gladys Chang as Attorney-in-Fact
Stock symbol: N/A
Transactions as of: Jun 30, 2025
Transactions value $: -$8,500,000
Form type: 4
Date filed: 11/26/2025, 07:23 PM
Previous filing: Oct 26, 2022
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
BLACKROCK FINANCIAL MANAGEMENT INC/DE	Affl. Of Investment Adviser, 10%+ Owner	50 HUDSON YARDS, NEW YORK	/s/ Gladys Chang as Attorney-in-Fact	2025-11-26	0001086363

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	N/A	Institutional Shares	Sale	-$2.5M	-194K	-1.91%	$12.86	9.97M	Jun 30, 2025	Direct	F1, F2, F3
transaction	N/A	Institutional Shares	Sale	-$6M	-448K	-4.5%	$13.38	9.52M	Sep 30, 2025	Direct	F1, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects common shares of beneficial interest of BlackRock Private Investments Fund, a registered, closed-end management investment company (the "Issuer"), designated as Institutional Shares.
F2	The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Tender Offer Statement on Schedule TO ("Schedule TO") filed with the Securities and Exchange Commission (the "Commission") on April 30, 2025. The purchase price for each Institutional Share purchased by the Issuer in connection with the issuer tender offer was determined as of June 30, 2025, based on the net asset value of such Institutional Shares as of such date.
F3	The amount of Institutional Shares of the Issuer beneficially owned by the Reporting Person following this reported transaction includes Institutional Shares acquired by the Reporting Person pursuant to the Issuer's automatic dividend reinvestment plan since the Form 4/A filing made by the Reporting Person on August 11, 2021.
F4	The disposition of securities by the Reporting Person was made by tender to the Issuer, in connection with the issuer tender offer by the Issuer pursuant to the Schedule TO filed with the Commission on July 31, 2025. The purchase price for each Institutional Share purchased by the Issuer in connection with the issuer tender offer was determined as of September 30, 2025, based on the net asset value of such Institutional Shares as of such date.