<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: September 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 Horowitz Barrytown, New York 11/15/99
_______________________ _____________________ _________
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of
this reporting manager are reported in this report.)
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[ ] 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: $ 180,429
[thousands]
List of Other Included Managers: NONE
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> <C> <C>
D AAVID THERMAL TECH COM 002539104 4479 198500 SH SOLE 198500
D AMPHENOL CORP-CL A COM 032095101 273 5500 SH SOLE 5500
D ASST LIVING CONCEPTS COM 04543l109 912 607800 SH SOLE 607800
D AVIS RENT A CAR INC COM 053790101 1461 70000 SH SOLE 70000
D BEL FUSE INC-CL B COM 077347300 1873 62700 SH SOLE 62700
D CABLETRON COM 126920107 392 25000 SH SOLE 25000
D CENTURY COMM COM 156503104 570 12500 SH SOLE 12500
D CISCO SYSTEMS INC COM 17275r102 566 8250 SH SOLE 8250
D CITIZENS UTILITIES B COM 177342201 5667 500900 SH SOLE 500900
D COMMSCOPE INC COM 203372107 1489 45800 SH SOLE 45800
D COMPUTRON COM 205631104 315 503300 SH SOLE 503300
D CSG SYSTEMS COM 126349109 5207 190000 SH SOLE 190000
D DUFF/PHELPS CR RATE COM 26432f109 17211 215300 SH SOLE 215300
D FINOVA GROUP INC COM 317928109 4928 135000 SH SOLE 135000
D GEMSTAR COM g3788v106 2406 30800 SH SOLE 30800
D GENERAL INSTRUMENT COM 370120107 8663 180000 SH SOLE 180000
D GENZYME SURGICAL COM 372917609 563 100000 SH SOLE 100000
D HARRIS CORP-DEL COM 413875105 5525 200000 SH SOLE 200000
D HEALTH MGMT COM 421933102 1475 200000 SH SOLE 200000
D INAMED CORP. COM 453235103 6334 214709 SH SOLE 214709
D INVESTMENT TECH GRP COM 46145f105 8393 364900 SH SOLE 364900
D JEFFERIES GROUP INC COM 472319102 2108 101000 SH SOLE 101000
D LIBERTE INVESTORS COM 530154103 461 134000 SH SOLE 134000
D LIBERTY MEDIA GR. A COM 001957208 19572 527200 SH SOLE 527200
D MICRO WAREHOUSE INC COM 59501b105 1663 137900 SH SOLE 137900
D MOTIVEPOWER INDUS COM 61980k101 825 75000 SH SOLE 75000
D NETSILICON INC COM 64115x105 255 20000 SH SOLE 20000
D NETWORK ASSOC. COM 640938106 2305 120500 SH SOLE 29900
D ORTHOFIX INT'L COM n6748l102 327 24000 SH SOLE 24000
D OSTEX INTERNATIONAL COM 68859q101 102 105000 SH SOLE 105000
D PENTON MEDIA INC COM 709668107 2438 150000 SH SOLE 150000
D R H DONNELLY COM 74955w307 7605 408300 SH SOLE 408300
D RSA SECURITY INC COM 749719100 3586 135000 SH SOLE 135000
D RSL COMMUNICATIONS COM g7702u102 2281 125000 SH SOLE 125000
D SCP POOLS COM 784028102 6068 258200 SH SOLE 258200
D SFX ENTERTAINMENT COM 784178105 7717 253000 SH SOLE 253000
D TEKELEC INC COM 879101103 1658 120000 SH SOLE 120000
D TEREX CORP NEW COM 880779103 1065 33800 SH SOLE 33800
D TMP WORLDWIDE INC COM 872941109 609 10000 SH SOLE 10000
D TODD AO CORP-CL A COM 888896107 1425 95000 SH SOLE 95000
D TOYS R US COM 892335100 1350 90000 SH SOLE 90000
D UNIFY CORP COM 904743101 3566 158500 SH SOLE 158500
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D UNITED INT'L HOLDING COM 913247508 32417 452600 SH SOLE 452600
D VALUE AMER INC COM 92038n102 446 35000 SH SOLE 35000
D VARIAN SEMI COM 922207105 1053 50000 SH SOLE 50000
D VICOR CORP COM 925815102 479 21100 SH SOLE 21100
D XICOR INC COM 984903104 351 62800 SH SOLE 62800
180429
</TABLE>
42255001.AF5
