Vehicle file · Non-traded vehicle

Overland Advantage

What its SEC filings show.

SEC CIK 1965934·Inc. DE·Fiscal year end 12/31·Data as filed · pulled Oct 12, 2026

What this file is.Not a review. Every figure below is the issuer's own number as tagged in its filings to the SEC, unadjusted, with a link to the filing it came from. When a new filing lands, the table updates; when a filing changes something for the people who hold this vehicle, we write it up and link it under Our reads.

Overland Advantage is a non-traded vehicle registered with the SEC under CIK 1965934 (incorporated in DE). Its most recent filing is a 10-Q (quarterly report) dated Aug 12, 2026. As of Jun 30, 2026 it reported total assets of $1.66B (up 14.7% from $1.45B a year earlier) and stockholders' equity of $782.3M. Net income (loss) for the six months to Jun 30, 2026 was $29.6M. It raised $46.7M from new shares in the six months to Jun 30, 2026. Reported NAV per share: $24.59 as of Jun 30, 2026.

What the figures say together

Our arithmetic on the issuer's own figures, only pairing numbers from the same period or date, and ranked against the 46 other vehicles of this type we track.

Liabilities were 53% of total assets at Jun 30, 2026. It ranks 20th of the 27 vehicles of this type that report the same figures (1st = least leveraged).
The management fee ran at about 1.11% a year of stockholders' equity ($4.3M in the six months to Jun 30, 2026, annualised; our arithmetic). It ranks 8th of the 16 vehicles of this type that report the same figures (1st = lowest fee).
NAV per share moved down 1.0% in a year, from $24.84 to $24.59 (before distributions). It ranks 8th of the 16 vehicles of this type that report the same figures (1st = best NAV change).

Key figures, as filed.

Balance sheet

Figure	Latest	Period	A year earlier	Change	Source
Total assets	$1.66B	as of Jun 30, 2026	$1.45B	+14.7%	10-Q · Aug 12, 2026
Investments at fair value	$1.62B	as of Jun 30, 2026	$1.37B	+18.5%	10-Q · Aug 12, 2026
Cash and equivalents	$24.8M	as of Jun 30, 2026	$39.0M	−36.6%	10-Q · Aug 12, 2026
Total liabilities	$877.5M	as of Jun 30, 2026	$797.3M	+10.1%	10-Q · Aug 12, 2026
Stockholders' equity	$782.3M	as of Jun 30, 2026	$649.9M	+20.4%	10-Q · Aug 12, 2026
NAV per share	$24.59	as of Jun 30, 2026	$24.84	−1.0%	10-Q · Aug 12, 2026
Shares outstanding	31.8M shares	as of Jun 30, 2026	26.2M shares	+21.5%	10-Q · Aug 12, 2026
Shares outstanding (cover page)	31.8M shares	as of Jun 30, 2026	26.2M shares	+21.5%	10-Q · Aug 12, 2026

Results and cash flow

Figure	Latest	Period	A year earlier	Change	Source
Net income (loss)	$29.6M	six months to Jun 30, 2026	$13.2M	+124.2%	10-Q · Aug 12, 2026
Cash from operations	−$32.5M	six months to Jun 30, 2026	−$501.9M	+93.5%	10-Q · Aug 12, 2026
Management fees	$4.3M	six months to Jun 30, 2026	$2.6M	+65.4%	10-Q · Aug 12, 2026

Capital raised, distributions and repurchases

Figure	Latest	Period	A year earlier	Change	Source
Capital raised (common stock issued)	$46.7M	six months to Jun 30, 2026	$220.0M	−78.8%	10-Q · Aug 12, 2026
Distributions declared per share	$0.52	quarter to Mar 31, 2026	$0.44	+18.2%	10-Q · May 13, 2026

Flows (revenues, income, cash, distributions, repurchases) are shown for the period the issuer reported them in, which may be a quarter, a year-to-date span or a full year; “a year earlier” compares only periods of the same length. A vehicle that does not tag a figure in XBRL will not show it here even if the PDF discloses it.

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Filing timeline.

The last 25 documents this issuer filed with the SEC. Marked rows are the ones that tend to matter to holders.

Aug 12, 202610-Q · Quarterly reportEDGAR ↗
Jul 30, 20264 · Insider transactionEDGAR ↗
Jul 30, 2026SCHEDULE 13D/A · FilingEDGAR ↗
Jul 9, 20268-K/A · FilingItems 1.01,9.01EDGAR ↗
Jul 9, 20268-K · Current reportItems 1.01EDGAR ↗
Jul 7, 20268-K · Current reportItems 3.02EDGAR ↗
Jun 18, 20268-K · Current reportItems 3.02EDGAR ↗
May 13, 202610-Q · Quarterly reportEDGAR ↗
Mar 20, 202610-K · Annual reportEDGAR ↗
Mar 20, 20268-K · Current reportItems 4.01,9.01EDGAR ↗
Mar 6, 20264 · Insider transactionEDGAR ↗
Mar 6, 2026SCHEDULE 13D/A · FilingEDGAR ↗
Jan 23, 2026D/A · FilingItems 06bEDGAR ↗
Dec 22, 20258-K · Current reportItems 3.02EDGAR ↗
Dec 18, 20258-K · Current reportItems 3.02EDGAR ↗
Dec 16, 20258-K · Current reportItems 3.02,5.03,9.01EDGAR ↗
Dec 16, 2025D · Exempt offering notice (Form D)Items 06bEDGAR ↗
Dec 11, 202540-17G · FilingEDGAR ↗
Dec 5, 20258-K · Current reportItems 1.01,1.02,2.03,9.01EDGAR ↗
Nov 7, 202510-Q · Quarterly reportEDGAR ↗
Oct 31, 20258-K · Current reportItems 1.01,9.01EDGAR ↗
Aug 19, 20258-K · Current reportItems 1.01,9.01EDGAR ↗
Aug 15, 202510-Q · Quarterly reportEDGAR ↗
Aug 15, 2025NT 10-Q · FilingEDGAR ↗
Aug 6, 20258-K · Current reportItems 3.02EDGAR ↗

Our reads on Overland Advantage.

No forensic read of this vehicle yet. When a filing changes something for holders — a tender offer, a repurchase cap, a NAV reset, a distribution cut — the read goes here.

Source: SEC EDGAR, XBRL company facts and filing index for CIK 1965934, retrieved Oct 12, 2026. Figures are reproduced as tagged by the issuer; errors in the source carry through, which is why every row links to the filing. Nothing here is investment advice.

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Overland Advantage

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