SC 13G/A: NMI Holdings, Inc.

AI Summary

SC 13G/A filing by NMI Holdings, Inc..

Risk Assessment

Risk Level: low

Key Financial Figures

• $0.01 — (Name of Issuer) Class A common stock, $0.01 par value per share (Title of Class of

Filing Documents

• ef20021414_sc13ga.htm (SC 13G/A) — 214KB
• 0001140361-24-007813.txt ( ) — 215KB

(a)

Item 1(a). Name of Issuer NMI Holdings, Inc. (the "Issuer")

(b)

Item 1(b). Address of the Issuer's Principal Executive Offices 2100 Powell Street Emeryville, California 94608

(a)

Item 2(a). Names of Persons Filing This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons": (i) Oaktree Value Equity Holdings, L.P. ("VE Holdings"); (ii) Oaktree Capital Group, LLC ("OCG"); (iii) Atlas OCM Holdings LLC ("Atlas"); (iv) Oaktree Capital Group Holdings GP, LLC ("OCGH," and together with each of the foregoing, the "Oaktree Reporting Persons"); (v) Brookfield Corporation ("Brookfield"); (vi) BAM Partners Trust ("BAM Partnership"); and (vii) Brookfield Asset Management ULC ("Brookfield ULC," and together with BAM Partnership and Brookfield, the "Brookfield Reporting Persons").

(b)

Item 2(b). Address of the Principal Business Office, or if none, Residence The principal business address of each of the Oaktree Reporting Persons is 333 S. Grand Avenue, 28th Floor, Los Angeles, CA 90071. The principal business address of each of the Brookfield Reporting Persons is Brookfield Place, 181 Bay Street, Suite 100, Toronto, Ontario, Canada M5J 2T3.

(c)

Item 2(c). Citizenship See responses to Item 4 on each cover page.

(d)

Item 2(d). Title of Class of Securities Class A Common Stock, $0.01 par value per share

(e)

Item 2(e). CUSIP Number 629209305 Item 3. If this statement is filed pursuant to Rules 13d-1(b), or 13d-2(b) or (c), check whether the person filing is a (n): Not Applicable 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 the Reporting 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. VE Holdings is the direct holder of 4,682,823 Common Shares, constituting a beneficial ownership percentage of 5.8% based upon 81,080,694 Class A Shares outstanding as of October 31, 2023, as reported on the Issuer's Form 10-Q filed November 2, 2023. Each of (i) OCG, in its capacity as an indirect manager of VE Holdings, (ii) Atlas, in its capacity as an indirect manager of VE Holdings, (iii) OCGH, in its capacity as the indirect owner of the class B units of each of OCG and Atlas, (iv) Brookfield, in capacity as the indirect owner of the class A units of each of OCG and Atlas, (v) BAM Partnership, in its capacity as the sole owner of Class B Limited Voting Shares of Brookfield, and (vi) Brookfield ULC, in its capacity as the beneficial owner of shares held by Atlas, may be deemed to beneficially own the reported securities. The filing of this statement shall not be construed as an admission that any Reporting Person is, for the purpose of Section 13(d) or 13(g) of the Exchange Act, the beneficial owner of any securities covered by this Statement. Item 5. Ownership of Five Percent or Less of a Class Not Applicable. Item 6. Ownership of More than Five