# EDGAR Filing Document

**Accession Number:** 0001925531
**File Stem:** 0001104659-23-009276
**Filing Date:** 2023-2
**Character Count:** 11656
**Document Hash:** aceca1e0781099f0b11ef0186936b629
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-009276.hdr.sgml**: 20230201

**ACCESSION NUMBER**: 0001104659-23-009276

**CONFORMED SUBMISSION TYPE**: SC 13G/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230201

**DATE AS OF CHANGE**: 20230201

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** New Mountain Guardian IV BDC, L.L.C.
- **CENTRAL INDEX KEY:** 0001925531
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-93749
- **FILM NUMBER:** 23577212

**BUSINESS ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **STREET 2:** 48TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-720-0300

**MAIL ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **STREET 2:** 48TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** New Mountain Guardian IV BDC L.L.C.
- **DATE OF NAME CHANGE:** 20220426
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Pension Fund for State Employees
- **CENTRAL INDEX KEY:** 0001788881
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** SC 13G/A

**BUSINESS ADDRESS:**
- **STREET 1:** ENGJATEIGI 11
- **CITY:** REYKJAVIK
- **STATE:** K6
- **ZIP:** 105
- **BUSINESS PHONE:** 3545106100

**MAIL ADDRESS:**
- **STREET 1:** ENGJATEIGI 11
- **CITY:** REYKJAVIK
- **STATE:** K6
- **ZIP:** 105

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**SCHEDULE 13G**

**Under the Securities Exchange Act of 1934**

**(Amendment No. 1)\***

**New Mountain Guardian IV BDC, L.L.C.**

**(Name of Issuer)**

**Units of Limited Liability Company Interests**

**(Title of Class of Securities)**

**N/A**

**(CUSIP Number)**

**December 31, 2022**

**(Date of Event which Requires Filing of this Statement)**

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

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;⌧ 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 the 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 ("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. N/A SCHEDULE 13G Page 2 of 5 Pages

---

| | | | |
|:---|:---|:---|:---|
| 1 | NAMES OF REPORTING PERSONS<br>LSR – Pension Fund for State Employees (aka Lifeyrissjodur Starfs Manna Rikisins Division A) | NAMES OF REPORTING PERSONS<br>LSR – Pension Fund for State Employees (aka Lifeyrissjodur Starfs Manna Rikisins Division A) | NAMES OF REPORTING PERSONS<br>LSR – Pension Fund for State Employees (aka Lifeyrissjodur Starfs Manna Rikisins Division A) |
| 2 | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a) ◻ (b) ⌧ | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a) ◻ (b) ⌧ | &nbsp;&nbsp; CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP<br> (a) ◻ (b) ⌧ |
| 3 | SEC USE ONLY | SEC USE ONLY | SEC USE ONLY |
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Iceland | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Iceland | CITIZENSHIP OR PLACE OF ORGANIZATION<br>Iceland |
| &nbsp;&nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 5 | &nbsp;&nbsp; SOLE VOTING POWER<br>1,213,479 |
| &nbsp;&nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 6 | &nbsp;&nbsp; SHARED VOTING POWER<br>0 |
| &nbsp;&nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 7 | &nbsp;&nbsp; SOLE DISPOSITIVE POWER<br>1,213,479 |
| &nbsp;&nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | &nbsp;&nbsp;&nbsp;&nbsp; NUMBER OF<br> SHARES<br> BENEFICIALLY<br> OWNED BY<br> EACH<br> REPORTING<br> PERSON<br> WITH | 8 | &nbsp;&nbsp; SHARED DISPOSITIVE POWER<br>0 |
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,213,479 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,213,479 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON<br>1,213,479 |
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>◻ | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>◻ | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)<br>◻ |
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>16.1% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>16.1% | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)<br>16.1% |
| 12 | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>EP | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>EP | TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)<br>EP |

---

CUSIP No. N/A SCHEDULE 13G Page 3 of 5 Pages

---

| | |
|:---|:---|
| **Item 1(a).** | **Name of Issuer:** |

---

New Mountain Guardian IV, BDC L.L.C. (the "Issuer")

---

| | |
|:---|:---|
| **Item 1(b).** | **Address of Issuer's Principal Executive Offices:** |

---

1633 Broadway, 48<sup>th</sup> Floor

New York, NY 10019

---

| | |
|:---|:---|
| **Item 2(a).** | **Name of Person Filing:** |

---

LSR – Pension Fund for State Employees (aka) Lifeyrissjodur Starfs Manna Rikisins Division A

---

| | |
|:---|:---|
| **Item 2(b).** | **Address of Principal Business Office or, if None, Residence:** |

---

Engjateigur II, 105 Reykjavik, Iceland

---

| | |
|:---|:---|
| **Item 2(c).** | **Citizenship:** |

---

Iceland

---

| | |
|:---|:---|
| **Item 2(d).** | **Title of Class of Securities:** |

---

Units of Limited Liability Company Interests (the "Units").

---

| | |
|:---|:---|
| **Item 2(e).** | **CUSIP Number:** |

---

N/A

**Item 3.** **If This Statement is Filed Pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), Check Whether the Person Filing is a:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) ◻ Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) ◻ Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) ◻ Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) ◻ Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C 80a-8);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) ◻ An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) ⌧ An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) ◻ A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) ◻ A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) ◻ A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) ◻ A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J);

CUSIP No. N/A SCHEDULE 13G Page 4 of 5 Pages

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(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:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(a) Amount beneficially owned:**

1,213,479

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(b) Percent of class:**

16.1% Calculations of the percentage of Units beneficially owned are based on 7,525,831 Units outstanding as of December 31, 2022 based on information provided by the Issuer.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;**(c) Number of Shares as to which the Reporting Person has:**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) Sole power to vote or to direct the vote:

1,213,479

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) Shared power to vote or to direct the vote:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) Sole power to dispose or to direct the disposition of:

1,213,479

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) Shared power to dispose or to direct the disposition of:

**Item 5.** **Ownership of Five Percent or Less of a Class:**

Not applicable.

**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.

CUSIP No. N/A SCHEDULE 13G Page 5 of 5 Pages

**Item 10.** **Certification:**

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

**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 1, 2023

---

| | |
|:---|:---|
| **PENSION FUND FOR STATE EMPLOYEES** | **PENSION FUND FOR STATE EMPLOYEES** |
| By: | /s/ Berglind Bjarnadóttir |
| Name: | Berglind Bjarnadóttir |
| Title: | Investment Manager |

---