Page 1 of 11
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 3)*
UNIVERSAL ELECTRONICS INC.
- -----------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.01 par value per share
- -----------------------------------------------------------------------------
(Title of Class of Securities)
913483 10 3
--------------------
(CUSIP Number)
December 19, 1999
- -----------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[X] 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).
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 2 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
U.S. Equity Investment L.P. (EIN # 65-0153975)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions) (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY 11,400
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH 11,400
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
11,400
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions)
[ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.2% (based on 6,731,463 shares outstanding at September 30, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (See Instructions)
PN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 3 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Mission Partners, L.P. (EIN# 33-0569956)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions) (b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 141,700
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 141,700
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
141,700
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
2.1% (based on 6,731,463 shares outstanding at September 30, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (See Instructions)
PN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 4 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Liberty Nominees Limited (EIN# N/A)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions) (b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New Zealand
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 32,500
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 32,500
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
32,500
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.5% (based on 6,731,463 shares outstanding at September 30, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (See Instructions)
CO
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 5 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Horizon Offshore, Ltd. (EIN# N/A)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions)
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 24,000
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 24,000
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
24,000
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.4% (based on 6,731,463 shares outstanding at September 30, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (Se Instructions)
CO
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 6 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
MCM Associates Ltd. Money Purchase Plan
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X]
(b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 2,500
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 2,500
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,500
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.0% (based on 6,731,463 shares outstanding at September 30, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON*
EP
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 7 of 11
_____________________________________________________________________________
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (Entities Only)
Mayfair Capital Fund, L.P. (EIN# 13-4024777)
_____________________________________________________________________________
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [X]
(See Instructions) (b) [ ]
_____________________________________________________________________________
3 SEC USE ONLY
_____________________________________________________________________________
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
_____________________________________________________________________________
5 SOLE VOTING POWER
NUMBER OF 123,950
SHARES
______________________________________________________________
BENEFICIALLY 6 SHARED VOTING POWER
OWNED BY
______________________________________________________________
EACH 7 SOLE DISPOSITIVE POWER
REPORTING 123,950
______________________________________________________________
PERSON 8 SHARED DISPOSITIVE POWER
WITH
_____________________________________________________________________________
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
123,950
_____________________________________________________________________________
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
_____________________________________________________________________________
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
1.8% (based on 6,731,463 shares outstanding at September 30, 1999)
_____________________________________________________________________________
12 TYPE OF REPORTING PERSON (See Instructions)
PN
_____________________________________________________________________________
SCHEDULE 13G
CUSIP No. 913483 10 3 Page 8 of 11
Item 1. Name of Issuer and Address
(a) The name of the issuer is Universal Electronics Inc., a
Delaware corporation ("UE").
(b) The principal executive offices of UE are located at 6101
Gateway Drive, Cypress, CA 90630.
Item 2. Identity, Address, Citizenship, Title of Class of
Securities and CUSIP Number
Items 2(a), (b), (c)
This statement on Amendment No. 3 to Schedule 13G ("Statement") is
filed by Mission Partners, L.P. ("Mission"), Liberty Nominees Limited
("Liberty"), Horizon Offshore, Ltd. ("Horizon"), MCM Associates Ltd. Money
Purchase Plan ("MPP"), Mayfair Capital Fund, L.P. ("Mayfair") and U.S. Equity
Investment L.P. ("Equity") (collectively the "Group"; each member of the
Group being hereinafter referred to individually as a "Member" and
collectively as "Members"). Mission's principal business address is 11 West
42nd Street, 19th Floor, New York, NY 10036. Mission is a Delaware limited
partnership. MCM Associates, Ltd., a Delaware corporation ("MCM"), is the
sole general partner of Mission and, as such, MCM has full voting and
dispositive power with respect to all of the securities owned by Mission.
Geoffrey Nixon ("Nixon") is the sole officer, director and shareholder of
MCM. Nixon's principal business address is 11 West 42nd Street, 19th Floor,
New York NY 10036. Nixon is a citizen of the Country of New Zealand.
Liberty's principal business address is at P.O. Box 10-246, Wellington, New
Zealand. Liberty is a private New Zealand company. Liberty has established
an account over which MCM has sole investment discretion. It is the account
over which MCM has sole investment discretion that has purchased the shares
of UE Common Stock (as defined below). Horizon's principal business address
is at c/o International Management Services, Limited, Harbour Centre, North
Church Street, P.O. Box 616, George Town, Grand Cayman, Cayman Islands,
B.W.I. Horizon is a private Cayman Islands investment corporation. MCM is
the sole investment manager of Horizon and MCM has full voting and
dispositive power with respect to all of the securities owned by Horizon.
Mayfair's principal business address is 11 West 42nd Street, 19th Floor, New
York, NY 10036. Mayfair is a Delaware limited partnership. MCM Capital
Management, LLC, a Delaware limited liability company (the "LLC"), is the
sole general partner of Mayfair and, as such, LLC has full voting and
dispositive power with respect to all of the securities owned by Mayfair.
Nixon is the sole manager and principal member of LLC. The other member of
the LLC is Nixon's wife. Equity is a Delaware limited liability company.
Equity's principal address is 1001 North Highway 1, Suite #800, Jupiter,
Florida 33477. Equity has established an account over which MCM has sole
investment discretion. It is this account over which MCM has purchased the
shares of UE Common Stock. MPP's principal business address is 11 West 42nd
Street, 19th Floor, New York, New York 10036. MPP is a New York retirement
plan for the benefit of Nixon. Nixon has investment discretion over the
investment decisions of MPP.
Item 2(d), (e)
This Statement relates to the Common Stock, $.01 per value per share (the "UE
Common Stock") of UE. The CUSIP number for the UE Common Stock is 913483 10
3.
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 9 of 11
Item 3. If this statement is filed pursuant to Sections 240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a :
Not Applicable
Item 4 Ownership
Item 4(a), (b)
MCM owns 2,500 shares of UE Common Stock, representing 0.04% of
UE's issued and outstanding shares (based on 6,731,463 shares outstanding at
September 30, 1999). Mission owns 141,700 shares of UE Common Stock,
representing 2.11% of UE's issued and outstanding shares (based on 6,731,463
shares outstanding at September 30, 1999). Liberty owns 32,500 shares of UE
Commons Stock, representing 0.48% of UE's issued and outstanding shares
(based on 6,731,463 shares outstanding at September 30, 1999). Horizon owns
24,000 shares of UE Common Stock, representing 0.36% of UE's issued and
outstanding shares (based on 6,731,463 shares outstanding at September 30,
1999). Equity owns 11,400 shares of UE Common Stock representing 0.17% of
UE's issued and outstanding shares (based on 6,731,463 shares outstanding at
September 30, 1999). Mayfair owns 123,950 shares of UE Common Stock
representing 1.84% of UE's issued and outstanding shares (based on 6,731,463
shares outstanding at September 30, 1999). The Group, in the aggregate, owns
336,050 shares of UE Common Stock representing 4.992% of UE's issued and
outstanding shares (based on 6,731,463 shares outstanding at September 30,
1999).
Item 4(c)
Each Member is the sole beneficial owner of the securities
identified in subsection (a) above. MCM, as the sole general partner of
Mission, has sole voting and dispositive power over the UE Common Stock owned
by Mission. MCM, as the sole investment manager of an account established by
Liberty and Equity, has sole voting and dispositive power over the shares of
UE Common Stock owned by Liberty. MCM as the sole investment manager of
Horizion, has sole voting and dispositive power over the shares of UE Common
Stock owned by Horizon. LLC, as the sole general partner of Mayfair, has
sole voting and dispositive power over the UE Common Stock owned by Mayfair.
Nixon, as the trustee of MPP, has the sole voting and dispositive power over
the UE Common Stock owned by MPP.
Item 5. Ownership of Five Percent or Less of a Class
As of December 19, 1999, the Group owned less that 5% of the UE
Common Stock.
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
Not Applicable
Item 8. Identification and Classification of Members of the Group
Not Applicable
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 10 of 11
Item 9. Notice of Dissolution of Group
Not Applicable
Item 10. Certification
By signing below I certify that, to the best of my knowledge
and belief, the securities referred to above 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.
SCHEDULE 13G
CUSIP No. 828395 10 3 Page 11 of 11
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: January 14, 2000
/s/ Geoffrey Nixon
-----------------------------------------
GEOFFREY NIXON
MISSION PARTNERS, L.P.
By: MCM Associates, Ltd., General Partner
By: /s/ Geoffrey Nixon
--------------------------------------
Geoffrey Nixon, President
LIBERTY NOMINEES LIMITED
By: MCM Associates, Ltd., Investment
Manager
By: /s/ Geoffrey Nixon
--------------------------------------
Geoffrey Nixon, President
HORIZON OFFSHORE, LTD.
By: /s/ Geoffrey Nixon
-------------------------------------
Geoffrey Nixon, Director
U.S EQUITY INVESTMENT L.P.
By: MCM Associates, Ltd., Investment
Manager
By: /s/ Geoffrey Nixon
-------------------------------------
Geoffrey Nixon, President
MAYFAIR CAPITAL FUND, L.P.
By: MCM Capital Management, LLC,
General Partner
By: /s/ Geoffrey Nixon
--------------------------------------
Geoffrey Nixon, Manager
MCM ASSOCIATES LTD. MONEY PURCHASE PLAN
By: /s/ Geoffrey Nixon
-------------------------------------
Geoffrey Nixon, President
