The fund is managed by BlackRock's experienced technology investment team, led by Tony Kim, Head of Fundamental Equities' Global Technology Team, and Reid Menge, a Managing Director with extensive technology sector investment experience. BlackRock, headquartered at 50 Hudson Yards in New York, operates as one of the world's largest asset managers with comprehensive regulatory oversight. The management team brings deep expertise in technology sector analysis and private equity evaluation, essential for navigating both public and private market opportunities within the fund's investment mandate.

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The BlackRock Technology and Private Equity Term Trust seeks to provide total return and income through a combination of current income, current gains, and long-term capital appreciation. The fund invests at least 80% of its assets in equity securities of U.S. and non-U.S. technology companies and privately held companies, focusing on mid- and small-capitalization companies across technology-related sectors. The trust employs an option writing strategy to generate additional income from options premiums while enhancing risk-adjusted returns. With approximately 80 holdings concentrated in leading technology companies, the fund maintains sector diversification across software and services, capital goods, consumer services, financial services, and other technology-adjacent industries.

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