SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE TO
TENDER OFFER STATEMENT
Under Section 14(d)(1) or 13(e)(1)
of the Securities Exchange Act of 1934
(Amendment No. 1)
BlackRock Private Investments Fund
(Name of Subject Company (Issuer))
BlackRock Private Investments Fund
(Names of Filing Person(s) (Issuer))
Common Shares of Beneficial Interest, Par Value $0.001 per Share
(Title of Class of Securities)
Institutional Shares – 09260N105
Class D Shares – 09260N303
Class S Shares – 09260N402
Class T Shares – 09260N501
(CUSIP Number of Class of Securities)
John M. Perlowski
BlackRock Private Investments Fund
50 Hudson Yards
New York, New York 10001
(800) 882-0052
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications on Behalf of Filing Person(s))
Copies to:
| Margery K. Neale, Esq. Jay Spinola, Esq. |
Janey Ahn, Esq. | |
| Willkie Farr & Gallagher LLP | BlackRock Advisors, LLC | |
| 787 Seventh Avenue | 50 Hudson Yards | |
| New York, New York 10019 | New York, New York 10001 |
July 31, 2026
(Date Tender Offer First Published, Sent or Given to Security Holders)
| ☐ | Check the box if the filing relates solely to preliminary communications made before the commencement of a tender offer. |
Check the appropriate boxes below to designate any transactions to which this statement relates:
| ☐ | third party tender offer subject to Rule 14d-1 |
| ☒ | issuer tender offer subject to Rule 13e-4 |
| ☐ | going-private transaction subject to Rule 13e-3 |
| ☐ | amendment to Schedule 13D under Rule 13d-2 |
Check the following box if the filing is a final amendment reporting the results of the tender offer. ☐
This Amendment No. 1 (this “Amendment”) amends and supplements the Issuer Tender Offer Statement on Schedule TO originally filed with the Securities and Exchange Commission (the “SEC”) by BlackRock Private Investments Fund, a Delaware statutory trust (the “Trust”), on July 31, 2026 (the “Schedule TO”) and relates to the Trust’s offer to purchase up to 5% of its issued and outstanding common shares of beneficial interest, par value $0.001 per share (including Institutional, Class D, Class S and Class T common shares, collectively, the “Shares”), as of June 30, 2026, upon the terms and subject to the conditions set forth in the Offer to Purchase, dated July 31, 2026 and in the related Letter of Transmittal, copies of which were previously filed as exhibits to the Schedule TO.
This Amendment is being filed solely for the purpose of adding an exhibit to the Schedule TO and to satisfy the requirements of Rule 13e-4(c)(1) under the Exchange Act. This Amendment does not otherwise modify any of the information previously reported on the Schedule TO.
Item 12(a). Exhibits
Item 12 of the Schedule TO is hereby amended and supplemented to add the following exhibit:
(a)(1)(vi) Excerpt from Current Report on Form 8-K, filed on September 11, 2026, is filed herewith.
Item 12(c). Filing Fees
Filing Fee Exhibit is filed herewith.
- 2 -
SIGNATURE
After due inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
| BlackRock Private Investments Fund | ||
| By: | /s/ John M. Perlowski | |
| Name: John M. Perlowski | ||
| Title: President and Chief Executive Officer | ||
| Dated: September 15, 2026 | ||
- 3 -
Exhibit Index
| (a)(1)(vi) | Excerpt from Current Report on Form 8-K, filed on September 11, 2026 | |
| Filing Fee Exhibit. | ||
- 4 -