Abu Dhabi Investment Authority 4

What Happened
Abu Dhabi Investment Authority (ADIA), reported as a 10% owner, bought 1,049,974.196 common shares of Overland Advantage on March 4, 2026. The reported purchase price was $24.69 per share for a total transaction value of about $25,921,658. The filing reports a purchase (transaction code P), which is a direct acquisition of shares.

Key Details

• Transaction date: 2026-03-04; Filing date: 2026-03-06 (Form 4 accession: 0001193125-26-095686).
• Price: $24.69 per share; Shares acquired: 1,049,974.196; Total value: ~$25.92M.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: The shares are held directly by Platinum Falcon B 2018 RSC Limited; Platinum Falcon is wholly owned by Platinum International Investment Holdings RSC Limited, which is in turn solely owned by ADIA. Platinum Falcon, Platinum Holdings and ADIA may all be deemed to beneficially own the reported shares.
• Transaction type: Purchase (code P). No 10b5-1 plan, gift, option exercise, or tax withholding noted.
• Timeliness: Filing appears timely (reported two days after the transaction).

Context
This is an institutional purchase by a 10% owner (ADIA) rather than executive/insider trading by company management. Institutional buys can signal increased ownership interest but do not by themselves explain motive — the filing is a factual record of ownership change.