BlackRock Alternatives Allocation Portfolio
- BlackRock Alternatives Allocation Portfolio LLC ("Core Fund"),
- BlackRock Alternatives Allocation FB Portfolio LLC ("FB Core Fund"),
- BlackRock Alternatives Allocation TEI Portfolio LLC ("TEI Core Fund"), and
- BlackRock Alternatives Allocation FB TEI Portfolio LLC ("FB TEI Core Fund") (collectively the "Funds")
The Funds' investment objective is to generate long-term capital appreciation over a market cycle by providing investors with exposure to a portfolio of alternative investments that seek more attractive risk and return characteristics as compared to public market equity investments. The Funds seek to accomplish this objective by providing investors active asset allocation and access to investment managers of alternative strategies that are primarily available to institutional and "super"-high net worth investors. The Funds cannot guarantee that their investment objective will be achieved.
"Alternative Strategies" include, but are not limited to, hedge fund strategies, private equity fund strategies, real estate strategies, real asset strategies, opportunistic strategies, dynamic real return strategies, diversified alternative exposure strategies and strategic transaction strategies (i.e., derivatives-based strategies). The Funds' allocation strategy is not designed to maintain diversification among various Alternative Strategies; rather, allocations of the Funds' assets among Alternative Strategies will be dynamic and may range from no allocation to an allocation of substantially all of the Funds' assets to a single Alternative Strategy. The Funds seek to provide a turnkey solution for that portion of an investor's portfolio that may be allocated to a broad spectrum of alternative investments. There can be no assurance that the investment objective of the Funds or those of any underlying funds in which the Funds invest will be achieved or that their investment programs will be successful. The Fund does not follow a rigid investment policy and is not restricted from participating in any market, strategy or investment other than as set forth in the Fund's prospectus or under the terms of the 1940 Act.