# EDGAR Filing Document

**Accession Number:** 0001667175
**File Stem:** 0000929638-25-003670
**Filing Date:** 2025-9
**Character Count:** 8936
**Document Hash:** 9acadb5809b1f795f8bb9fc9343865c9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000929638-25-003670.hdr.sgml**: 20250929

**ACCESSION NUMBER**: 0000929638-25-003670

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250925

**FILED AS OF DATE**: 20250929

**DATE AS OF CHANGE**: 20250929

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Amwal Investments LLC
- **CENTRAL INDEX KEY:** 0001667175

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** C0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 814-01665
- **FILM NUMBER:** 251357246

**BUSINESS ADDRESS:**
- **STREET 1:** AL BAHR TOWERS, SHEIKH ZAYED BIN SULTAN
- **STREET 2:** STREET, PO BOX 61999
- **CITY:** ABU DHABI
- **STATE:** C0
- **ZIP:** 00000
- **BUSINESS PHONE:** 97126115555

**MAIL ADDRESS:**
- **STREET 1:** AL BAHR TOWERS, SHEIKH ZAYED BIN SULTAN
- **STREET 2:** STREET, PO BOX 61999
- **CITY:** ABU DHABI
- **STATE:** C0
- **ZIP:** 00000
**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Abu Dhabi Investment Council Co P.J.S.C
- **CENTRAL INDEX KEY:** 0001814011

**ORGANIZATION NAME:**
- **STATE OF INCORPORATION:** C0
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 814-01665
- **FILM NUMBER:** 251357245

**BUSINESS ADDRESS:**
- **STREET 1:** AL BAHR TOWERS SHEIKH ZAYED BIN SULTAN
- **STREET 2:** 19TH ST
- **CITY:** ABU DHABI
- **STATE:** C0
- **ZIP:** 61999
- **BUSINESS PHONE:** 97126115555

**MAIL ADDRESS:**
- **STREET 1:** AL BAHR TOWERS SHEIKH ZAYED BIN SULTAN
- **STREET 2:** 19TH ST
- **CITY:** ABU DHABI
- **STATE:** C0
- **ZIP:** 61999
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** 26North BDC, Inc.
- **CENTRAL INDEX KEY:** 0001950976

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 600 MADISON AVENUE, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022
- **BUSINESS PHONE:** 212-224-0620

**MAIL ADDRESS:**
- **STREET 1:** 600 MADISON AVENUE, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Amwal Investments LLC<br><sub>(Last) (First) (Middle)</sub><br>AL BAHR TOWERS, SHEIKH ZAYED BIN SULTAN<br>STREET, PO BOX 61999<br><sub>(Street)</sub><br>ABU DHABI, C0 00000<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-09-25 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>26North BDC, Inc. [ NONE ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Abu Dhabi Investment Council Co P.J.S.C<br><sub>(Last) (First) (Middle)</sub><br>AL BAHR TOWERS SHEIKH ZAYED BIN SULTAN<br>19TH ST<br><sub>(Street)</sub><br>ABU DHABI, C0 61999<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-09-25 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[ ] Director [X] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>26North BDC, Inc. [ NONE ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[ ] Form filed by One Reporting Person<br>[X] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2025-09-25 |  | P<sup>(1)</sup> |  | 494018.42 | A | $25.3 | 2985720.64 | D<sup>(2)</sup> |  |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

---

### Footnotes:

(1) On September 25, 2025, 26North BDC, Inc., a Maryland corporation (the "Issuer"), issued a capital call notice to certain investors that have committed to purchase shares of common stock of the Issuer ("Common Stock"). Pursuant to such capital call notice, Amwal Investments LLC ("Amwal") was obligated to make a capital contribution of $12,500,000 on September 25, 2025, and the Issuer issued 494,018.42 shares of Common Stock to Amwal on such date.

(2) These shares are held directly by Amwal, which is a wholly owned subsidiary of Abu Dhabi Investment Council Company P.J.S.C. ("ADIC"). Because of the relationship among Amwal and ADIC (collectively, the "Reporting Persons"), each of the Reporting Persons may be deemed to be the beneficial owner of these shares held directly by Amwal. Each of the Reporting Persons disclaims beneficial ownership of these shares in excess of its pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

**Signature:** Amwal Investments LLC, By: /s/ Salem Mohamed Al Ameri, Authorized Signatory  
**Date:** 2025-09-29

**Signature:** Amwal Investments LLC, By: /s/ Saoud Essa Al Mulla, Authorized Signatory  
**Date:** 2025-09-29

**Signature:** Abu Dhabi Investment Council Company P.J.S.C., By: /s/ Salem Mohamed Al Ameri, Authorized Signatory  
**Date:** 2025-09-29

**Signature:** Abu Dhabi Investment Council Company P.J.S.C., By: /s/ Saoud Essa Al Mulla, Authorized Signatory  
**Date:** 2025-09-29

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**