BlackRock Technology & Private Equity Term Trust — Proxy Solicitation & Information Statement 2024

Mar 21, 2024

DFAN14A 1 p24-1256dfan14a.htm BLACKROCK INNOVATION & GROWTH TERM TRUST

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a)

of the Securities Exchange Act of 1934

Filed by the Registrant ¨

Filed by a Party other than the Registrant þ

Check the appropriate box:

¨	Preliminary Proxy Statement
¨	Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
¨	Definitive Proxy Statement
¨	Definitive Additional Materials
þ	Soliciting Material Under Rule 14a-12

BlackRock Innovation and Growth Term Trust

(Name of Registrant as Specified In Its Charter)

Saba Capital Management, L.P.

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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¨ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a6(i)(1) and 0-11.

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Boaz R. Weinstein retweeted the following message to his X account:

As I have stated before, the two crazy parts of this is

1) BlackRock has a fiduciary to do what is best for fund shareholder but they keep fighting in court proposals that actually benefit shareholders

2) this is common sense. Shareholders rights are not some holistic practice. It’s the underlying foundation that makes American markets better than any other countries. BlackRock is literally creating obstacles that squash shareholders rights

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Boaz R. Weinstein also posted the following message to his X account:

From @Blackrock: “Today’s unilateral and arbitrary decision by Board of Education Chair Aaron Kinsey jeopardizes Texas schools and the families who have benefited from BlackRock’s consistent long-term outperformance for the Texas Permanent School Fund.”

Um, $BIGZ shareholders beg to differ. @BlackRock lost $3bn of their money in just 3 years, nearly $300mm from the discount which they continue to stymie shareholders from fixing. The chart below is from their own annual report vs their benchmark.