BlackRock Private Investments Fund Reports Tender Offer Estimate

What Happened
BlackRock Private Investments Fund reported in an 8-K (filed Sept 11, 2026) that approximately 175,858 common shares — about 0.51% of its outstanding shares as of June 30, 2026 — were validly tendered and not withdrawn in its tender offer to repurchase up to 5% of outstanding shares that expired on August 31, 2026. The Fund said the purchase price per accepted share will be based on net asset value (NAV) per share as of September 30, 2026. The estimate is preliminary, subject to adjustment, and the Fund will report final results after calculating the purchase price and paying proceeds to tendering shareholders.

Key Details

• Estimated shares tendered: ~175,858 common shares.
• Percent of outstanding shares: ~0.51% (based on outstanding shares as of June 30, 2026).
• Tender offer terms: Offer expired August 31, 2026; Fund could repurchase up to 5% of outstanding shares.
• Pricing and timing: Purchase price will be based on NAV per share as of September 30, 2026; final results and payment are pending.

Why It Matters
This update tells investors how much shareholder interest the buyback received and that the repurchase will be settled based on September 30 NAV. The reported level of tenders (~0.51%) is well below the 5% maximum, so any repurchases will be relatively small versus the total share base. Because the purchase price is tied to a future NAV and the estimate is preliminary, investors should wait for the Fund’s final filing to know the definitive repurchase amount and the timing of payments.