BlackRockLU2875211463Class A1 EUR
BlackRock's growth-oriented multi-private-markets building block: private equity, credit, real estate and infrastructure in one ELTIF 2.0, launched in 2025, accumulating, with a global mandate.
Monthly subscription; quarterly redemption with roughly one month's notice and a quantified quarterly gate — as a rule only after the two-year minimum holding period, which the board can shorten.
Subscription from EUR 10,000 for retail investors with private-markets knowledge, recommended holding period seven years; registered in roughly twenty-five countries, including Germany.
The growth counterpart to the BlackRock PE ELTIF, built to the identical blueprint — the minimum holding period as the central stability instrument; among the multi-asset ELTIFs, the one with the highest risk profile and the clearest group distribution machine behind it.
Figures for class A1 EUR (LU2875211463) · product data 25 Sep 2026 · sources: prospectus (as at April 2026), PRIIPs-KID, Factsheet — full list under 08 documents.
Since the data series began in Mar 2025, the unit price has gained 13.2% per year. The series is monthly; valuations of private holdings arrive quarterly and smoothed — the line is therefore calmer than the risk.
19 monthly values, 14 derived from monthly returns · Source: secondary source (data portal), price feed / provider document · Returns calculated by semiliquid.info from the NAV series, not an official provider figure. Taxes and dealing costs of reinvestment are not considered. Past performance is not a reliable indicator of future results.
What the prospectus permits: Direct investments, co-investments, secondaries; equity/equity-like, shareholder loans, fixed income, target funds
Taxonomy of semiliquid.info; only published values are used, nothing is estimated. The actual portfolio breakdown is in 03 Portfolio.
55 holdings; the five largest account for 26.8% of the fund. 50.0% is held in the liquidity reserve — enough for 30 months of maximum redemptions.
How the reserve is invested: BlackRock Tactical Opportunities Fund (Class X) 21.4% · BlackRock ICS Euro Liquid Environmentally Aware Fund 18.5% · BlackRock Advantage World Equity Fund (Class X Acc EUR) 3.5% · 1 more 2.4%. It covers 30 months of the maximum net redemption (at most 20% per year under the gate) — what that means for redemptions is in 06.
Among the ten largest: 5 LP secondaries, 2 equity holdings, 2 loans; 10 names not disclosed.
Undisclosed direct growth investment by BlackRock in a North American information technology company, held in the multi-alternatives fund.
Undisclosed growth secondary transaction with a diversified global portfolio of growth-oriented private equity holdings.
Undisclosed buyout secondary transaction in which BlackRock acquired an LP portfolio with globally diversified exposure; according to the 2025 SFDR annex …
Undisclosed investment in equity tranches of European CLOs, i.e., securitizations of broadly diversified leveraged loans.
Undisclosed CLO equity investment with global exposure.
Undisclosed direct growth investment by BlackRock in a North American aerospace and defense company.
Undisclosed European buyout secondary transaction by BlackRock; according to the 2025 SFDR annex, it has a link to France.
Undisclosed equity co-investment in the North American telecommunications and digital infrastructure sector with a core-plus risk profile.
Undisclosed infrastructure secondary transaction by BlackRock related to information technology or digital infrastructure in North America, classified in the report as a buyout strategy.
Undisclosed buyout secondary transaction by BlackRock focused on healthcare companies in North America.
Positions and shares according to the provider; 5 of 5 names not disclosed; short descriptions by semiliquid.info from public sources; holdings as at 31 May 2026, reserve as at 30 Jun 2026; Allocation according to the uniform semiliquid taxonomy; only published values are used, nothing is estimated.
With ongoing costs of 2.17%, class A1 EUR is below the median of the asset class (2.30%). On top comes a performance fee of 15% above a hurdle of 7% — with a high-water mark.
For 10,000 EUR this means roughly 217 EUR per year; the cheapest class with a cost figure is ZD EUR (1.42%, from 10,000 EUR).
For 10,000 EUR, a one-off up to 500 EUR on purchase.
Based on the PRIIPs key information document of class A1 EUR, hence comparable across providers. Median: 16 Multi-Asset funds in this database, data run 16 Oct 2026.
Units can be subscribed monthly. The price is the NAV on the valuation day — it is not known when the order is placed and is published only 18 business days later.
complete Subscription Request with documentation by the cut-off with the administrator
The Board may accept late or amended Subscription Requests at its free discretion.
Price = NAV per share on this day.
NAV as at the Monthly Dealing Day, finalisation and publication up to 18 business days …
after NAV publication: 3 business days after NAV publication
An order placed today is invested in — days (—); the money is due on —. Miss the cut-off and you move to the next dealing day: cut-off —, invested from —.
| Frequency | monthly |
|---|---|
| Procedure | fully paid-in |
| Valuation day | last business day of the month |
| Cut-off | 10 business days before Valuation day · 17:00 CET · (before the anchor date) |
| Price | valuation day |
| NAV publication | NAV as at the Monthly Dealing Day, finalisation and publication up to 18 business days thereafter, later at the discretion of the Board |
| Payment | after NAV publication: 3 business days after NAV publication |
| Minimum investment | EUR 10,000 |
| Entry charge (max.) | 5% (distributor) |
| Subscription limit | The Board may reject subscriptions without giving reasons or allot them in part; no maximum size of the sub-fund; the portion not accepted lapses |
| KYC / documents | complete Subscription Request with documentation by the cut-off with the administrator |
| Revocation | binding and irrevocable once submitted, subject to Cooling-off; amendment only at the discretion of the Board |
| Business day | any day (other than a Saturday or Sunday) when banks are open in Luxembourg (p. 17) |
Dates calculated from the prospectus rules (bank holidays: LU); only the transfer agent’s confirmation is binding. Data as at 25 Sep 2026 · Documents: 08.
Units can be redeemed quarterly — with a volume limit (Gate), lock-up 24 months. How quickly the money arrives and what happens if many want out at once is set out below.
Redemption request by 17:00 CET on the last business day of the month preceding the quarterly redemption day.
Price = NAV per share on this day.
NAV at previous quarter-end (—)
at the latest 60 business days after NAV publication (—)
A request made today is paid out on — — — days.
Shown without a date because the prospectus does not quantify: cut-off. The remaining markers are calculated from the prospectus rules.
Money typically within a year — on average 288 days from decision to cash.
Rank 59 of 112 · rank 10 of 15 in Multi-Asset · 5 months lock-up · no fixed redemption fee
Money typically within half a year — on average 136 days from decision to cash.
5 months lock-up — expired for existing holdings · no fixed redemption fee
Confidence high — prospectus complete, dates calculated, no assumptions in the value · prospectus as at 15 Apr 2026 · score run 16 Oct 2026 · How 288 days become 26 pointsThe score measures how quickly and reliably you can get your money out according to the prospectus — not whether the fund is good.
| Character | redemption right |
|---|---|
| Frequency | quarterly |
| Valuation day | quarter-end |
| Notice | 17:00 CET · (counted from month-end) |
| Price | quarter-end |
| Payout | 60 calendar days after redemption day (latest 60 calendar days) |
| Gate | 5% of NAV at the previous quarter-end per quarter; ELTIF Redemption Limit 27.30% of UCITS-eligible assets plus projected 12-month cash flows. |
| Scaled-back portion | scaled-back portion lapses; new request required, no priority |
| Redemption fee (max.) | 0% |
| Lock-up | fund-level, 24 months (fund launch) |
| Suspension | Market disruption/exchange closure, absence of price sources, communication breakdown, foreign exchange and capital transfer restrictions |
| Liquidity tools | Suspension, tightened redemption gates, bringing forward of the redemption cut-off, extension of the payment period; two AIFMD II LMTs not named |
| Switch / transfer | ELTIF units freely transferable under the ELTIF Regulation; no public secondary market |
| Compulsory redemption | in the case of a U.S. Person or loss of Eligible Investor status |
Once the two-year minimum holding period has expired (class F1L: after 31 Mar 2028), the board of directors or its delegates may limit, in whole or in part, redemption requests above 5% of the sub-fund's net asset value as at the preceding quarterly date; during the lock-up periods the limit for hardship redemptions is 0.5% of NAV.
Staggered: during the minimum holding period or the F1L lock-up, hardship redemptions are limited to 0.5% of the sub-fund NAV of the preceding quarterly date; thereafter the regular gate of 5% of NAV per quarterly date applies (may be increased at discretion); overriding this, the ELTIF redemption limit of 27.30% of the sum of UCITS-eligible assets and the 12-month cash flow forecast applies.
Dates calculated from the prospectus rules (bank holidays: LU); only the transfer agent’s confirmation is binding. Data as at 25 Sep 2026 · Documents: 08.
25 classes. All cost and risk figures on this page refer to the basis class A1 EUR; the cheapest class with a cost figure is ZD EUR (1.42%, from 10,000 EUR).
PRIIPs KID ✓: a key information document exists and is the source of the costs. —: no KID documented — the class is distributed outside the EEA or to investors not covered by the KID requirement, or the document is not available. The risk indicator differs by class (4 to 6); the key figures show the value of the basis class.
Who is behind the fund, where it may be distributed — and which documents were evaluated.
| Document | As at | Used for |
|---|---|---|
| Key information document (PRIIPs KID) | 6 May 2026 | — |
| Prospectus | — | — |
| NAV series secondary source (data portal), price feed / provider document | 31 Aug 2026 | Performance (01) |
| Positions and reserve | 31 May 2026 | Portfolio (03) |
All figures are taken from provider documents (product data as at 16 Oct 2026, distribution data as at 5 Oct 2026) and have not been conclusively verified.
Redemption quarterly, with 5% gate per quarter. Subscribing today, it takes on average 288 days from decision to cash under the prospectus deadlines; a gate is not factored in.
Ongoing costs of 2.17% p.a. according to the PRIIPs KID for class A1 EUR; the median of the Multi-Asset funds in this database is 2.30%; plus a performance fee of 15%.
10,000 EUR in class A1 EUR.
Yes. According to our evidence, the fund is open to retail investors in Germany (as at 5 Oct 2026). The Access check shows the details.
As at 16 Oct 2026, no redemption restriction is documented for the BlackRock Multi Alternatives Growth Fund. Under the prospectus a gate of 5% per quarter applies.
Same asset class, similar sub-strategy.
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Liquidity score in the “as of today” view with average days to cash. No recommendation, no ranking.