On April 29, 2025, BlackRock ESG Capital Allocation Term Trust announced that it has filed a definitive proxy statement with Securities and Exchange Commission, recommending the shareholders of the Company to vote against a shareholder proposal requesting the Company to terminate the investment management agreement between the Company and BlackRock Advisors LLC, at the annual meeting of shareholders. On April 29, 2025, BlackRock ESG Capital Allocation Term Trust announced that it has filed a definitive proxy statement with Securities and Exchange Commission, recommending the shareholders of the Company to vote against a shareholder proposal requesting the Company to terminate the investment management agreement between the Company and BlackRock Advisors LLC, at the annual meeting of shareholders.
BlackRock is a New York-based investment management firm that provides services such as investment, advisory and risk management for government and non-profit organizations.