BlackRock Impact Opportunities Fund Targets $1 Billion to Invest in Communities of Color Across the U.S.

Seated (L to R): Joseph Acevedo, Ladell Robbins, Pam Chan, Douglas McNeely, Derrick Weatherspoon; Standing (L to R): Haley Schaffer, Susie Qian, Brian Mwarania, Aarthi Sowrirajan, Brian Grossman

NEW YORK--(BUSINESS WIRE)--May 11, 2022--

BlackRock has secured more than $800 million in initial commitments toward its $1 billion target for the BlackRock Impact Opportunities Fund. This new fund, the first multi-alternatives strategy of its kind, is already beginning to invest in businesses and projects owned, led by, or serving people of color, with a particular focus on Black, Latinx, and Native American communities in the United States.

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