Qatar Investment Authority 4

What Happened
Qatar Investment Authority (reported as a 10% owner) purchased 2,061,253.586 units of West Bay BDC LLC on 2026-06-25 at $17.47 per unit, for a total reported consideration of $36,000,000. The Form 4 shows a purchase (transaction code P) and was filed on 2026-06-29 (within the required two business days).

Key Details

• Transaction date: 2026-06-25 (purchase).
• Price reported on the trade line: $17.47 per unit; footnote F1 cites $17.4651 per Unit.
• Shares/units acquired: 2,061,253.586; total value: $36,000,000.
• Transaction code: P = Purchase.
• Filings: Form 4 filed 2026-06-29 (timely).
• Ownership structure (footnote F2): West Bay Holding LLC is the direct holder of the units; Qatar Investment Authority is the ultimate parent.
• Footnote F1 notes the purchase at $17.4651 per Unit and references June 25, 2025 (appears to describe the same $36M purchase; date may be a typographical error in the footnote).
• Shares owned after the transaction are not specified in the excerpt provided.

Context
This was an institutional purchase by a 10% owner (Qatar Investment Authority via West Bay Holding LLC), not an executive individual. Institutional buys can signal strategic or portfolio allocation decisions rather than the personal trading signals sometimes inferred from insider (executive/director) activity. The filing appears timely under Form 4 rules.