UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b)(c)AND (d) AND AMENDMENTS THERETO FILED PURSUANT
TO RULE 13d-2(b)
Under the Securities Exchange Act of 1934
(Amendment No. __ )*
SANTA FE ENERGY TRUST
(Name of Issuer)
UNIT TRUST
(Title of Class of Securities)
802013102
(CUSIP Number)
AIG INTERNATIONAL MANAGEMENT COMPANY, INC.
1281 EAST MAIN STREET
STAMFORD, CONNECTICUT 06902
(203) 324-8400
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 11, 2000
(Date of Event Which Requires Filing of this
Statement)
Check the following box to designate the rule pursuant to which this
Schedule is filed:
X Rule 13d-1(b)
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 disclosure provided in a prior cover page.
The information required in the remainder of this cover page shall 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).
CUSIP No. 156708109
1. NAME OF REPORTING PERSONS
AIG INTERNATIONAL MANAGEMENT COMPANY, INC.
SS OR IRS IDENTIFICATION NO. OF ABOVE PERSONS
22-3095881
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
See Attached1
(a)
(b)
3. SEC USE ONLY
4. CITIZEN OR PLACE OF ORGANIZATION
Corporation organized in Delaware.
Number of Shares Beneficially Owned By Each Reporting Person
With:
5. SOLE VOTING POWER
N/A
6. SHARED VOTING POWER
341,100 shares of Santa Fe Depository Units 2
7. SOLE DISPOSITION POWER
N/A
8. SHARED DISPOSITION POWER
See Number 6
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH
REPORTING PERSON
As of November 16, 2000:
AIG Commodity Arbitrage Fund LP: 47,140 shares of Santa Fe Depository Units
AIG Commodity Arbitrage Fund Ltd.: 293,960 shares of Santa Fe Depository Units
AIG International Management Company, Inc.: Indirectly owns 341,100 shares
of Santa Fe Depository Units (the total shares owned by AIG Commodity
Arbitrage Fund LP (47,140) and AIG Commodity Arbitrage Fund Ltd.
(293,960) combined)
Finagra Capital LLC: Indirectly owns 341,100 shares of Santa Fe Depository
Units (the total shares owned by AIG Commodity Arbitrage Fund LP (47,140) and
AIG Commodity Arbitrage Fund Ltd. (293,960) combined)
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9)
EXCLUDES CERTAIN SHARES*
N/A
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
5.4% 3
12. TYPE OF REPORTING PERSON*
AIG International Management Company, Inc.,
a registered Investment Adviser (IA).4
Item 1: Security and Issuer
1(a) Name of Issuer
SANTA FE ENERGY TR-UTS
1(b) Address of Issuer's Principal Executive Offices
Chase Bank of Texas,
National Association Global Trust Services
600 Travis, Suite 1150
Houston, Texas 77002
Item 2: Identity and Background
2(a) Name of person Filing
AIG International Management Company, Inc.
2(b) Address of Principal Business Office or, if none, Residence
1281 East Main Street, Stamford, CT 06902
2(c) Citizenship/ Corporation organized
A corporation organized in Delaware
2(d) Title of Class of Security
SANTA FE ENERGY TR-UTS
2(e) Cusip Number
802013102
Item 3: If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
the person filing is a:
AIG International Management Company, Inc. is filing Form 13G as a
Qualified Institutional Investor pursuant to Rule 13d-1(b). 5
Item 4: Ownership
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item 1:
4(a) Amount Beneficially Owned
341,100 shares of Santa Fe Depository Units
4(b) Percent of Class
5.4%
4(c) Number of shares as to which the person has
(i) Sole Power to vote or to direct the vote
None
(ii) Shared power to vote or to direct the vote
341,100 shares of Santa Fe Depository Units6
(iii) Sole power to dispose or to direct the disposition of
None
(iv) Shared power to dispose or to direct the disposition of
See above 4(c)(ii)
Instruction:
For computation regarding securities which represent a right to acquire an
underlying security see Rule 13d-3(d)(1).
Item 5: Ownership of Five Percent or less of a Class
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more
than five percent of the class of securities, check the following
Instruction: Dissolution of a group requires a response to this item.
Item 6: Ownership of More than Five percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to
direct the receipt of dividends from, or the proceeds from the sale of,
such securities, a statement to that effect should be included in response
to this item and, if such interest related to more than five percent of the
class, such person should be identified. A listing of the shareholders of
an investment company registered under the Investment Company Act of
1940 or the beneficiaries of employee benefit plan, pension fund or endowment
fund is not required. The shares of the Santa Fe Depository Units
("Depository Units") are held indirectly by AIG International Management
Company, Inc. ("AIGMCI"), a registered Investment Advisor, which serves as
the Investment Manager to AIG Commodity Arbitrage Fund LP and
AIG Commodity Arbitrage Fund Ltd.
Finagra Capital LLC ("Finagra") has entered into an Advisory Service
Agreement with AIGMCI to act as a portfolio manager to AIG Commodity
Arbitrage Fund LP and AIG Commodity Arbitrage Fund Ltd. Finagra, as the
portfolio manager, has the right to receive, or the power to direct the
receipt of dividends from, or the proceeds from the sale of such security.
Item 7: Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company.
If a parent holding company has filed this schedule, pursuant to Rule
13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating
the identity and the Item 3 classification of the relevant subsidiary.
If a parent holding company has filed this schedule pursuant to Rule 13d-1(c)
attach an exhibit stating the identity of each member of the group.
Not Applicable
Item 8: Identification and Classification of Members of the Group.
If a group his filed this schedule pursuant to Rule 13d-1(b)(ii)(H),
so indicate under item 3(h) and attach an exhibit stating the identity and
Item 3 classification of each member of the group. If a group has filed this
schedule pursuant to Rule 13d-1(c), attach an exhibit stating the identity
of each member of the group.
See attached - Exhibit I
Item 9: Notice of Dissolution of Group
Notice of dissolution of a group may be furnished as an exhibit stating the
date of the dissolution and that all further filings with respect to
transactions in the security reported on will be filed, if required, by
members of he group, in their individual capacity. See item 5.
Not Applicable
Item 10: Certification
The following certification shall be included if the statement is
filed pursuant to Rule 13D-1(b):
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purpose or effect.
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.
Date: November 17, 2000 /s/ Barbara Burger
Vice President & Counsel
Name/Title
The original statement shall be signed by each person on whose behalf
the statement is filed or his authorized representative. If the statement
is signed on behalf of a person by his authorized representative other than
an executive officer or general partner of the filing person, evidence of
the representative's authority to sign on behalf of such person shall be
filed with the statement, provided, however, that a power of attorney for
this purpose which is already on file with the Commission may be incor
and any title of each person who signs the statement shall be typed or
printed beneath his signature.
EXHIBIT I
The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G, as amended, is filed on behalf of each of the undersigned
and that all subsequent amendments to this statement on Schedule 13G,
as amended, shall be filed on behalf of each of the undersigned without
the necessity of filing additional joint acquisition statements. The
undersigned acknowledge that each shall be responsible for the timely
filing of such amendments, and for the completeness and accuracy of the
information contained therein, but shall not be responsible for the
completeness and accuracy of the information concerning the other, except
to the extent that he or it knows or has reason to believe that such
information is inaccurate.
AIG International Management Company, Inc.
/s/ Barbara Burger
Vice President and Counsel
Finagra Capital LLC
/s/ Joseph Kleinman
Chief Investment Officer
AIG Commodity Arbitrage Fund Ltd.
/s/ Anthony Giordano
Director
AIG Commodity Arbitrage Fund LP
By AIG International Management Company,Inc., General Partner
/s/ Anthony Giordano
Senior Vice President
1 The shares of the Santa Fe Depository Units ("Depository Units") are
held indirectly by AIG International Management Company, Inc. ("AIGMCI") ,
a registered Investment Advisor, which serves as the Investment Manager to
AIG Commodity Arbitrage Fund LP and AIG Commodity Arbitrage Fund Ltd.
Finagra Capital LLC ("Finagra") has entered into an Advisory Service
Agreement with AIGMCI, to act as a portfolio manager to AIG Commodity
Arbitrage Fund LP and AIG Commodity Arbitrage Fund Ltd.
AIGMCI and Finagra disclaim any beneficial ownership of the securities to
which this Form relates for purposes of Section 13(d) of the Securities
Exchange Act of 1934, as amended, except as to the Depository Units
representing the undersigneds' interest in the profits of AIG Commodity
Arbitrage Fund LP and AIG Commodity Arbitrage Fund Ltd.
2 As of November 16, 2000:
AIG Commodity Arbitrage Fund LP: 47,140 shares of Santa Fe Depository Units
AIG Commodity Arbitrage Fund Ltd.: 293,960 shares of Santa Fe Depository Units
AIG International Management Company, Inc.: Indirectly owns 341,100 shares
of Santa Fe Depository Units (the total shares owned by AIG Commodity
Arbitrage Fund LP (47,140) and AIG Commodity Arbitrage Fund Ltd.
(293,960) combined)
Finagra Capital LLC: Indirectly owns 341,100 shares of Santa Fe Depository
Units (the total shares owned by AIG Commodity Arbitrage Fund LP (47,140)
and AIG Commodity Arbitrage Fund Ltd. (293,960) combined)
3 The Percentage was calculated by dividing 341,100 shares into 6,300,000
(outstanding as of 3/1/00, Bloomberg)
4 AIG Commodity Arbitrage Fund LP, a Partnership (PN)
AIG Commodity Arbitrage Fund Ltd., a open-end limited liability
Investment Company incorporated in Bermuda (OO)
Finagra Capital LLC, LLC incorporated in Delaware (OO)
5 As of November 16, 2000:
AIG Commodity Arbitrage Fund LP, AIG Commodity Arbitrage Fund Ltd.,
and Finagra Capital LLC do not seek to acquire or influence "control" of
the Issuer and own less than 10% of the Class of Security (individually
and collectively).
6 As of November 16, 2000:
AIG Commodity Arbitrage Fund LP: 47,140 shares of Santa Fe Depository Units
AIG Commodity Arbitrage Fund Ltd.: 293,960 shares of Santa Fe Depository
Units
AIG International Management Company, Inc.: Indirectly owns 341,100
shares of Santa Fe Depository Units (the total shares owned by AIG
Commodity Arbitrage Fund LP (47,140) and AIG Commodity Arbitrage Fund Ltd.
(293,960) combined)
Finagra Capital LLC: Indirectly owns 341,100 shares of Santa Fe Depository
Units (the total shares owned by AIG Commodity Arbitrage Fund LP (47,140)
and AIG Commodity Arbitrage Fund Ltd. (293,960) combined)
