0001999371-24-001519.txt : 20240205 0001999371-24-001519.hdr.sgml : 20240205 20240205163059 ACCESSION NUMBER: 0001999371-24-001519 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20240205 DATE AS OF CHANGE: 20240205 GROUP MEMBERS: PLATINUM IVY B 2018 RSC LTD SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Fidelis Insurance Holdings Ltd CENTRAL INDEX KEY: 0001636639 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: D0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-94330 FILM NUMBER: 24596162 BUSINESS ADDRESS: STREET 1: CLARENDON HOUSE STREET 2: 2 CHURCH STREET CITY: HAMILTON STATE: D0 ZIP: HM 11 BUSINESS PHONE: (441) 295 5950 MAIL ADDRESS: STREET 1: CLARENDON HOUSE STREET 2: 2 CHURCH STREET CITY: HAMILTON STATE: D0 ZIP: HM 11 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Abu Dhabi Investment Authority CENTRAL INDEX KEY: 0001362558 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: C0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 211 CORNICHE STREET STREET 2: PO BOX 3600 CITY: ABU DHABI STATE: C0 ZIP: 0000 BUSINESS PHONE: 971 2 4154242 MAIL ADDRESS: STREET 1: 211 CORNICHE STREET STREET 2: PO BOX 3600 CITY: ABU DHABI STATE: C0 ZIP: 0000 SC 13G 1 adia-sc13g_123123.htm ACQUISITION OF BENEFICIAL OWNERSHIP
 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934

Fidelis Insurance Holdings Limited

(Name of Issuer)

Common Shares, par value $0.01 per share

(Titles of Class of Securities)

G3398L118

(CUSIP Number)

December 31, 2023

(Date of Event Which Requires Filing of this Statement)

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. G3398L118 SCHEDULE 13G Page 2 of 8

1 NAMES OF REPORTING PERSONS    
Abu Dhabi Investment Authority    
   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    
(a)    
(b)    
3 SEC USE ONLY    
     
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION    
The Emirate of Abu Dhabi, United Arab Emirates    
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER    
-0-    
   
6 SHARED VOTING POWER    
13,869,151    
   
7 SOLE DISPOSITIVE POWER    
-0-    
   
8 SHARED DISPOSITIVE POWER    
13,869,151    
   
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
13,869,151    
   
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    
   
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)    
11.8% (1)    
   
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    
OO    
   

(1) Based on a total of 117,914,754 common shares issued and outstanding as of September 30, 2023, as reported on the Issuer’s Form 6-K submitted to the Securities and Exchange Commission on November 20, 2023.

 

 

CUSIP No. G3398L118 SCHEDULE 13G Page 3 of 8

1 NAMES OF REPORTING PERSONS    
Platinum Ivy B 2018 RSC Limited (1)    
   
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP    
(a) ☐    
(b) ☐    
3 SEC USE ONLY    
     
   
4 CITIZENSHIP OR PLACE OF ORGANIZATION    
Abu Dhabi Global Market, Abu Dhabi, United Arab Emirates    
   
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER    
-0-    
   
6 SHARED VOTING POWER    
13,869,151    
   
7 SOLE DISPOSITIVE POWER    
-0-    
   
8 SHARED DISPOSITIVE POWER    
13,869,151    
   
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON    
13,869,151    
   
10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)    
   
   
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)    
11.8% (2)    
   
12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)    
CO    
   

(1) Platinum Ivy B 2018 RSC Limited (“Platinum Ivy”) is the direct owner of 13,869,151 common shares reported herein. Platinum Ivy is a wholly owned subsidiary of Abu Dhabi Investment Authority. Pursuant to the rules and regulations of the Securities and Exchange Commission, Abu Dhabi Investment Authority may be deemed to be the beneficial owner of the common shares directly held by Platinum Ivy.

(2) Based on a total of 117,914,754 common shares issued and outstanding as of September 30, 2023, as reported on the Issuer’s Form 6-K submitted to the Securities and Exchange Commission on November 20, 2023.

 

 

CUSIP No. G3398L118 SCHEDULE 13G Page 4 of 8

Item 1(a).

Name of Issuer:

   
  Fidelis Insurance Holdings Limited

Item 1(b).

Address of Issuer’s Principal Executive Offices:

   
  Wellesley House South, 90 Pitts Bay Road, Pembroke, Bermuda, HM08

Item 2(a).

Name of Person Filing:

  1. Abu Dhabi Investment Authority

  2.

Platinum Ivy B 2018 RSC Limited

Item 2(b).

Address of Principal Business Office or, if none, Residence:

  The principal business address of each of the Reporting Persons is as follows:

  1.

211 Corniche Street

P.O. Box 3600

Abu Dhabi, United Arab Emirates 3600

  2.

Level 26, Al Khatem Tower

Abu Dhabi Global Market Square

Al Maryah Island, Abu Dhabi

United Arab Emirates

Item 2(c).

Citizenship:

  1. Abu Dhabi Investment Authority (ADIA) is a public institution established by the Government of the Emirate of Abu Dhabi in 1976 as an independent investment institution. ADIA is a public institution wholly owned by the Emirate of Abu Dhabi and is subject to its supervision.

  2.

Platinum Ivy B 2018 RSC Limited is a restricted scope company organized under the laws of the Abu Dhabi Global Market, Abu Dhabi, United Arab Emirates.

Item 2(d). Titles of Classes of Securities:
  Common Shares, par value $0.01 per share 

   
Item 2(e). CUSIP Number:
  G3398L118

 

 

CUSIP No. G3398L118 SCHEDULE 13G Page 5 of 8

Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a(n):

  (a) Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78o).

  (b) ☐ Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).

  (c) ☐ Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).

  (d)

☐ Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8).

  (e) ☐ Investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).

  (f) ☐ Employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).

  (g) ☐ Parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).

  (h) ☐ Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (13 U.S.C. 1813).

  (i) ☐ Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3).

  (j) ☐ Non-U.S. institution in accordance with §240. 13d-1(b)(1)(ii)(J).

  (k) ☐ Group in accordance with §240.13d-1(b)(1)(ii)(K).
    If filing as a non-U.S. institution in accordance with §240. 13d-1(b)(1)(ii)(J), please specify the type of institution:  

Item 4. Ownership

  (a) Amount Beneficially Owned:
    See responses to Item 9 on each cover page.

 

  (b) Percent of Class:
    See responses to Item 11 on each cover page.

  (c) Number of shares as to which such person has:

  (i) Sole power to vote or to direct the vote:
    See responses to Item 5 on each cover page.

  (ii) Shared power to vote or to direct the vote:
    See responses to Item 6 on each cover page.

  (iii) Sole power to dispose or to direct the disposition of:
    See responses to Item 7 on each cover page.

  (iv) Shared power to dispose or to direct the disposition of:
    See responses to Item 8 on each cover page.

 

 

CUSIP No. G3398L118 SCHEDULE 13G Page 6 of 8

Item 5. Ownership of Five Percent or Less of a Class.
  If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following ☐.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.
  Not Applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person.
  Not Applicable.

Item 8. Identification and Classification of Members of the Group.
  Not Applicable.

Item 9. Notice of Dissolution of Group.
  Not Applicable.

Item 10. Certification.
  Not applicable.

 

 

CUSIP No. G3398L118 SCHEDULE 13G Page 7 of 8

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 5, 2024

  ABU DHABI INVESTMENT AUTHORITY
   
  /s/ Hamad Shahwan AlDhaheri  
  By: Hamad Shahwan AlDhaheri
  Title: Authorized Signatory
   
  /s/ Saif Surour AlMashghouni  
  By: Saif Surour AlMashghouni
  Title: Authorized Signatory

  PLATINUM IVY B 2018 RSC LIMITED
   
  /s/ Hamad Shahwan AlDhaheri  
  By: Hamad Shahwan AlDhaheri
  Title: Authorized Signatory
   
  /s/ Saif Surour AlMashghouni  
  By: Saif Surour AlMashghouni
  Title: Authorized Signatory

 
EX-1 2 ex-1.htm JOINT FILING AGREEMENT

 

 

ABU DHABI INVESTMENT AUTHORITY SC 13G

 

Exhibit 1

 

CUSIP No. G3398L118 SCHEDULE 13G Page 8 of 8

JOINT FILING AGREEMENT

The undersigned hereby agree that the Statement on Schedule 13G filed herewith (the “Statement”) is being filed jointly with the Securities and Exchange Commission pursuant to Rule 13d-1(k)(1) promulgated pursuant to the Securities Exchange Act of 1934, as amended, on behalf of each such person. Each of the undersigned agrees to be responsible for the timely filing of the Statement and any subsequent amendment thereto, and for the completeness and accuracy of the information concerning itself contained therein. This agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

Date: February 5, 2024

  ABU DHABI INVESTMENT AUTHORITY
   
  /s/ Hamad Shahwan AlDhaheri  
  By: Hamad Shahwan AlDhaheri
  Title: Authorized Signatory
   
  /s/ Saif Surour AlMashghouni  
  By: Saif Surour AlMashghouni
  Title: Authorized Signatory

  PLATINUM IVY B 2018 RSC LIMITED
   
  /s/ Hamad Shahwan AlDhaheri  
  By: Hamad Shahwan AlDhaheri
  Title: Authorized Signatory
   
  s/ Saif Surour AlMashghouni  
  By: Saif Surour AlMashghouni
  Title: Authorized Signatory