Deseret Mutual Employee Pension Plan Trust Form 3 New Mountain Guardian III BDC, L.L.C. / Mutual Benefit Administrators Deseret ownership change

SEC Form 3

FORM 3

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

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Deseret Mutual Employee Pension Plan Trust

(Last) (First) (Middle)

P.O. BOX 45530

(Street)

SALT LAKE CITY UT 84145

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
09/13/2019

3. Issuer Name and Ticker or Trading Symbol
New Mountain Guardian III BDC, L.L.C. [ None ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director	X	10% Owner
Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Units of LLC Interest(1)	1,000,000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

Deseret Mutual Employee Pension Plan Trust

(Last) (First) (Middle)

P.O. BOX 45530

(Street)

SALT LAKE CITY UT 84145

(City) (State) (Zip)

1. Name and Address of Reporting Person^*

Deseret Mutual Benefit Administrators

(Last) (First) (Middle)

P.O. BOX 45530

(Street)

SALT LAKE CITY UT 84145

(City) (State) (Zip)

Explanation of Responses:

1. These shares are owned directly by the Deseret Mutual Employee Pension Plan Trust (the "Trust") and indirectly by Deseret Mutual Benefit Administrators ("DMBA"), which is the trustee of the Trust. DMBA has voting and dispositive control over the securities listed as acting trustee.

	/s/ James M. Dester	09/25/2019
	/s/ James M. Dester	09/25/2019
	** Signature of Reporting Person	Date
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 5 (b)(v).
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