Thursday, March 5, 2026

BlackRock Event Driven Equity Fund Q3 2025 Commentary (BILPX)

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Performance

Event Driven Equity returned +1.15% (net, institutional) during the quarter. By sub-strategy, hard catalyst, and credit positioning contributed to returns in Q3 2025. Within the hard catalyst portfolio, 14 mergers closed during the period. Merger spreads tightened moderately, and returns were further supported by

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