BlackRock Impact Opportunities is a platform that seeks direct private market opportunities that accelerate positive economic outcomes for undercapitalized communities.

In this NAIC Perspectives exclusive, Joseph Acevedo, managing director at BlackRock, shares some of the successful transactions of the flagship social impact investment platform. Among them is backing a Native American venture to develop a complex solar panel project on tribal lands, a chain of fitness centers in communities of color, a Hispanic-owned grocery chain, and the Black-owned media company behind such films as “Fences” with Denzel Washington and the Netflix-distributed “They Cloned Tyrone” with Jamie Foxx.