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Private fund adviser · New York, NY

Blackrock Alternatives Management, LLC

SEC-registered investment adviser · CRD 288041 · SEC 801-110250

At a glance

Blackrock Alternatives Management, LLC is an SEC-registered investment adviser based in New York, New York, with $18.0 billion in regulatory assets under management as of its Form ADV filed July 24, 2026. Its largest client group by assets is pooled investment vehicles. By Form ADV it is a private fund adviser, ranked 404th of 4,686 private fund advisers and 936th of 17,210 SEC-registered advisers by assets.

Main office 212-810-5300blackrock.comLinkedInAs filed on Form ADV

Regulatory AUM
$18B
Rank among private fund advisers
#404 of 4,686
Rank among all SEC RIAs
#936 of 17,210
Rank in New York
#252 of 2,591
Clients
30
Accounts
36
Discretionary
100% of AUM
Employees
9
Advisory staff
7
Offices
2

Owners and executives on its Form ADV

Custody and brokerage

Custodian

Blackrock Alternatives Management, LLC’s Form ADV lists no custodian for separately managed accounts. Firms report one only when they manage $10 million or more in those accounts.

Broker-dealer

Hybrid RIA

Blackrock Alternatives Management, LLC is a hybrid RIA: 1 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Blackrock Asset Management Deutschland AG, Blackrock Execution Services, Blackrock Investments, LLC, Blackrock Japan Co., LTD., HPS Securities, LLC and Ishares (de) I Investmentaktiengesellschaft MIT Teilgesellschaftsvermagen.

Its Form ADV brochure (filed March 2026) names HPS Securities as the broker-dealer its advisers are registered with.

Certain persons of HPS are registered representatives of HPS Securities.

Other hybrid RIAs

Who it serves

Client typeClientsRegulatory AUMShare
Pooled investment vehicles28$18B100%
Insurance companies2$0M<1%

Private funds

Blackrock Alternatives Management, LLC reports 82 private funds with $33B in gross assets: hedge funds, private equity funds, other private funds (Form ADV Item 7.B).

Disciplinary disclosures

Blackrock Alternatives Management, LLC answers yes to 23 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗

Services

  • Portfolio management for pooled investment vehicles
  • Selecting other advisers

How it’s paid

  • A percentage of assets under management

AtlasMembers

The full record on Blackrock Alternatives Management, LLC

Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.

Assets, accounts, clients and staff, 8 years of filings
Locked
Growth over one, three and five years
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Rank against 719 peers of its type and size
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Owners and executives, with titles and stakes
2 namedLocked
Main office, fax and compliance officer
Locked
Filing changes this year, with alerts
4Locked
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.

Background

Questions

How much does Blackrock Alternatives Management, LLC manage?

Blackrock Alternatives Management, LLC reports $18.0 billion in regulatory assets under management across 36 accounts, 100% of it on a discretionary basis, on its Form ADV filed July 24, 2026.

What kind of firm is Blackrock Alternatives Management, LLC?

Blackrock Alternatives Management, LLC is a private fund adviser by its Form ADV answers. Private funds are at least half of its business by assets. It reports a bank or thrift among its related persons. A public reporting company controls it.

Who are Blackrock Alternatives Management, LLC’s clients?

By assets, its largest client types are pooled investment vehicles ($18.0 billion, 28 clients); insurance companies ($1, 2 clients).

Does Blackrock Alternatives Management, LLC manage private funds?

Yes. It reports 82 private funds with $33.0 billion in gross assets, including hedge funds, private equity funds, other private funds.

Does Blackrock Alternatives Management, LLC have any disciplinary history?

Blackrock Alternatives Management, LLC answers yes to 23 disclosure items in Item 11 of Form ADV, which covers criminal, regulatory and civil matters involving the firm or its advisory affiliates. The details are on the SEC’s adviser search.

Where these numbers come from

Every figure is Blackrock Alternatives Management, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-07-24), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Ranks compare it by regulatory assets with every SEC-registered adviser and with firms of its type. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.

Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →