# EDGAR Filing Document

**Accession Number:** 0001816389
**File Stem:** 0001193125-26-216796
**Filing Date:** 2026-5
**Character Count:** 2846
**Document Hash:** 0948b9ffcb9255aae878ef490a975676
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-216796.hdr.sgml**: 20260511

**ACCESSION NUMBER**: 0001193125-26-216796

**CONFORMED SUBMISSION TYPE**: 424B3

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260511

**DATE AS OF CHANGE**: 20260511

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BlackRock Private Investments Fund
- **CENTRAL INDEX KEY:** 0001816389

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 424B3
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-273508
- **FILM NUMBER:** 26963372

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLVIEW PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800 882 0052

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLVIEW PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**Filed Pursuant to Rule 424(b)(3)<br>Registration File No.: 333-273508**

<br> **BLACKROCK PRIVATE INVESTMENTS FUND** 

**Supplement dated May 11, 2026** 

**to the Prospectus and Statement of Additional Information** 

**of BlackRock Private Investments Fund,** 

**dated July 29, 2025, as supplemented to date** 

This supplement amends certain information in the Prospectus and Statement of Additional Information ("SAI") of BlackRock Private Investments Fund (the "Fund"), each dated July 29, 2025, as supplemented to date. Unless otherwise indicated, all other information included in the Prospectus and SAI that is not inconsistent with the information set forth in this supplement remains unchanged. Capitalized terms not otherwise defined in this supplement have the same meaning as in the Prospectus or SAI, as applicable.

On May 7, 2026, the Board of Trustees of the Fund (the "Board" and each member thereof, a "Trustee"), including a majority of the Trustees who are not "interested persons" of the Fund within the meaning of the Investment Company Act of 1940, as amended, approved a Second Amended and Restated Investment Management Agreement by and between the Fund and BlackRock Advisors, LLC (the "Advisor"), effective as of August 1, 2026 (the "Amended Investment Management Agreement"). The Amended Investment Management Agreement reduces the management fee payable by the Fund to the Advisor from an annual rate of 1.75% of the Fund's net assets determined monthly to an annual rate of 1.50% of the Fund's net assets determined monthly. The Amended Investment Management Agreement does not reduce or modify the nature or level of services provided by the Advisor to the Fund. Accordingly, effective as of August 1, 2026, the management fee payable by the Fund will be the contractual management fee rate of 1.50% under the Amended Investment Management Agreement.

**Investors should retain this supplement for future reference.** 

PROSAI-BPIF-0526SUP