<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings
entries.
Institutional Investment Manager Filing this Report:
Name: RH Capital Associates LLC
Address: 55 Harristown Road
Glen Rock, New Jersey
Form 13F File Number: 28-6196
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Robert Horwitz
Title: Managing Member
Phone: (201) 444-2850
Signature, Place, and Date of Signing:
/s/ Robert Horwitz Glen Rock, New Jersey 8/16/99
_______________________ _____________________ _________
[Signature] [City, State] [Date]
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Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of
this reporting manager are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in
this report, and all holdings are reported by other
reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the
holdings for this reporting manager are reported in this
report and a portion are reported by other reporting
manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
28-
[Repeat as necessary.]
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 47
Form 13F Information Table Value Total: $ 191,219
[thousands]
List of Other Included Managers: 0
Provide a numbered list of the name(s) and Form 13F file
number(s) of all institutional investment managers with respect
to which this report is filed, other than the manager filing this
report.
[If there are no entries in this list, state "NONE" and omit the
column headings and list entries.]
No. Form 13F File Number Name
28-
[Repeat as necessary.]
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<TABLE>
Form 13F INFORMATION TABLE
<CAPTION>
TITLE CUSIP VALUE SHRS/ SH/ PUT/ INVSTMT - VOTING AUTHORITY-
NAME OF ISSUER OF CLASS NUMBER (x$1000) PRN AMT PRN CALL DSCRETN - MANAGERS SOLE SHARED NONE
- -------------- -------- ------ ------ ------- --- ---- ------- ---------- ---- ------ ----
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
D AAVID THERMAL TECH COM 002539104 2523 111500.00SH SOLE 111500.00
D ADELPHIA COMM COM 006848105 3258 51200.00 SH SOLE 51200.00
D ALLIED WASTE IND COM 019589308 988 50000.00 SH SOLE 50000.00
D ANDREW CORP COM 034425108 3314 175000.00SH SOLE 175000.00
D ASST LIVING CONCEPTS COM 04543l109 912 607800.00SH SOLE 607800.00
D AVIS RENT A CAR INC COM 053790101 1165 40000.00 SH SOLE 40000.00
D BEL FUSE INC-CL B COM 077347300 1448 55700.00 SH SOLE 55700.00
D BEVERLY ENT. COM 087851309 632 78400.00 SH SOLE 78400.00
D CENTOCOR CORP. COM 152342101 3380 72500.00 SH SOLE 72500.00
D CENTURY COMM COM 156503104 1150 25000.00 SH SOLE 25000.00
D CISCO SYSTEMS INC COM 17275r102 532 8250.00 SH SOLE 8250.00
D CITIZENS UTILITIES B COM 177342201 5573 500900.00SH SOLE 500900.00
D COMMSCOPE INC COM 203372107 1408 45800.00 SH SOLE 45800.00
D COMPUTRON COM 205631104 542 578300.00SH SOLE 578300.00
D DELPHI INFO SYS COM 247171200 780 78000.00 SH SOLE 78000.00
D DUFF/PHELPS CR RATE COM 26432f109 14398 215300.00SH SOLE 215300.00
D GEMSTAR COM g3788v106 979 15000.00 SH SOLE 15000.00
D GENERAL INSTRUMENT COM 370120107 7650 180000.00SH SOLE 180000.00
D HEALTH MGMT COM 421933102 450 40000.00 SH SOLE 40000.00
D HUSSMAN INT'L COM 448110106 9908 598200.00SH SOLE 598200.00
D INAMED CORP. COM 453235103 3655 246709.00SH SOLE 246709.00
D INTEGRATED DEVICE COM 458118106 816 75000.00 SH SOLE 75000.00
D INVESTMENT TECH GRP COM 46145f105 9541 294700.00SH SOLE 294700.00
D JEFFERIES GROUP INC COM 472319102 3030 101000.00SH SOLE 101000.00
D LIBERTE INVESTORS COM 530154103 479 139200.00SH SOLE 139200.00
D LIBERTY MEDIA GR. A COM 001957208 17684 481200.00SH SOLE 481200.00
D MARINE DRILLING COM 568240204 1369 100000.00SH SOLE 100000.00
D MCDERMOTT INTL COM 580037109 424 15000.00 SH SOLE 15000.00
D MCKESSON CORP NEW COM 58155q103 2988 93000.00 SH SOLE 93000.00
D MERRILL LYNCH COM 590188108 1998 25000.00 SH SOLE 25000.00
D MICRO WAREHOUSE INC COM 59501b105 3575 200000.00SH SOLE 200000.00
D NETWORK ASSOC. COM 640938106 1770 120500.00SH SOLE 120500.00
D OSHKOSH CL A COM 688222207 1895 89700.00 SH SOLE 89700.00
D OSTEX INTERNATIONAL COM 68859q101 138 105000.00SH SOLE 105000.00
D PFIZER INC. COM 717081103 2744 25000.00 SH SOLE 25000.00
D R & B FALCON CORP COM 74912e101 703 75000.00 SH SOLE 75000.00
D R H DONNELLY COM 74955w307 9259 473300.00SH SOLE 473300.00
D ROHN INDUSTRIES INC COM 775381106 544 395800.00SH SOLE 395800.00
D SCP POOLS COM 784028102 6163 238200.00SH SOLE 238200.00
D ST JUDE MEDICAL INC COM 790849103 1739 48800.00 SH SOLE 48800.00
D STERLING COMMERCE COM 859205106 8253 226100.00SH SOLE 226100.00
D TCI SATELLITE ENT COM 872298104 499 170000.00SH SOLE 170000.00
D TMP WORLDWIDE INC COM 872941109 3124 49200.00 SH SOLE 49200.00
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D UNIFY CORP COM 904743101 2801 207500.00SH SOLE 207500.00
D UNITED INT'L HOLDING COM 913247508 31791 470100.00SH SOLE 470100.00
D US WEST COM 91273h101 7068 120300.00SH SOLE 120300.00
D WASTE MANAGEMENT COM 94106l109 6181 115000.00SH SOLE 115000.00
S REPORT SUMMARY 47 DATA RECORDS 191219 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
[Repeat as necessary]
42255001.AF2
