SCHEDULE 13G/A: Abu Dhabi Investment Authority Maintains 3.4% Stake in Fidelis Insurance Holdings
Beneficial Ownership Report
Abu Dhabi Investment Authority and its subsidiary Platinum Ivy B 2018 RSC Limited have reported a continued beneficial ownership of 3.4% in Fidelis Insurance Holdings Ltd. as of December 31, 2024.
Summary
- Abu Dhabi Investment Authority (ADIA) and its wholly-owned subsidiary, Platinum Ivy B 2018 RSC Limited, jointly reported beneficial ownership of 3,780,973 common shares of Fidelis Insurance Holdings Ltd.
- This ownership represents 3.4% of the total class of common shares.
- The percentage calculation is based on 111,726,363 common shares issued and outstanding as of September 30, 2024, as previously reported by Fidelis Insurance Holdings Ltd. on its Form 6-K submitted on November 12, 2024.
- Both reporting persons, ADIA and Platinum Ivy B 2018 RSC Limited, share voting and dispositive power over all 3,780,973 shares.
- Platinum Ivy B 2018 RSC Limited is the direct owner of the shares, while ADIA is deemed a beneficial owner due to its full ownership of Platinum Ivy.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Schedule 13G) reporting beneficial ownership, which does not inherently convey positive or negative sentiment regarding the company's performance or outlook. It is a factual disclosure of an existing investment.
Positives
- The continued investment by Abu Dhabi Investment Authority, a prominent sovereign wealth fund, may signal ongoing confidence in Fidelis Insurance Holdings Ltd.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Shareholders: Provides transparency regarding a significant institutional investor's stake in the company.
Key Dates
| Date | Description |
|---|---|
| 2024-09-30 | Date as of which the total common shares outstanding (111,726,363) were reported by the Issuer. |
| 2024-11-12 | Date the Issuer's Form 6-K, reporting outstanding shares, was submitted to the SEC. |
| 2024-12-31 | Date of event which requires the filing of this Schedule 13G statement. |
| 2025-02-11 | Date of filing for this Schedule 13G Amendment No. 2. |
Keywords
Fidelis Insurance Holdings, Abu Dhabi Investment Authority, Platinum Ivy B 2018 RSC Limited, Beneficial Ownership, SEC Filing, Schedule 13G, Insurance, Investment
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