<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:
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 May 17, 1999
__________________ _____________________ ____________
[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.]
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
Form 13F Information Table Entry Total: 41
Form 13F Information Table Value Total: $126,968
[thousands]
List of Other Included Managers:
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.]
3
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<TABLE>
Form 13F INFORMATION TABLE
<CAPTION>
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (X$1000) PRN AMT PRN CALL DISCRETION MANAGERS SOLE SHARED NONE
-------------------- --------------- -------- -------- ------- --- ---- ---------- -------- -------- --------- -------
<C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
D AAVID THERMAL TECH COM 002539104 1244 90500.00 SH SOLE 90500.00
D AMPHENOL CORP-CL A COM 032095101 919 24024.00 SH SOLE 24024.00
D ASST LIVING CONCEPTS COM 04543l109 2166 607800.00 SH SOLE 607800.00
D AT&T CORP COM 001957109 4541 56892.00 SH SOLE 56892.00
D AUTOMOBILE PROTECT COM 052905106 560 70000.00 SH SOLE 70000.00
D AVIRON COM 053762100 1179 58200.00 SH SOLE 58200.00
D AVIS RENT A CAR INC COM 053790101 2160 78000.00 SH SOLE 78000.00
D BEL FUSE INC-CL B COM 077347300 1606 51800.00 SH SOLE 51800.00
D BROOKSTONE INC COM 114537103 928 73500.00 SH SOLE 73500.00
D CISCO SYSTEMS INC COM 17275R102 452 4125.00 SH SOLE 4125.00
D COMMSCOPE INC COM 203372107 1738 83000.00 SH SOLE 83000.00
D COMPUTRON COM 205631104 685 609000.00 SH SOLE 609000.00
D DELPHI INFO SYS COM 247171200 2882 339000.00 SH SOLE 339000.00
D DUFF/PHELPS CR RATE COM 26432F109 11276 215300.00 SH SOLE 215300.00
D FRONTIER CORP COM 35906p105 3631 70000.00 SH SOLE 70000.00
D GENERAL INSTRUMENT COM 370120107 1213 40000.00 SH SOLE 40000.00
D HARRIS SAVINGS BANK COM 413086109 422 35000.00 SH SOLE 35000.00
D HUSSMAN INT'L COM 448110106 3994 271900.00 SH SOLE 271900.00
D INSO CORP COM 457674109 2548 336900.00 SH SOLE 336900.00
D JEFFERIES GROUP INC COM 472319102 9900 208700.00 SH SOLE 208700.00
D LIBERTE INVESTORS COM 530154103 592 178800.00 SH SOLE 178800.00
D LIBERTY MEDIA GR. A COM 001957208 12683 241000.00 SH SOLE 241000.00
D MICRO WAREHOUSE INC COM 59501b105 1209 75000.00 SH SOLE 75000.00
D MORTONS RESTAURANT COM 619429103 3091 199400.00 SH SOLE 199400.00
D NETWORK ASSOC. COM 579057100 3698 120500.00 SH SOLE 120500.00
D OSHKOSH CL A COM 688222207 1587 89700.00 SH SOLE 89700.00
D OSTEX INTERNATIONAL COM 68859q101 138 105000.00 SH SOLE 105000.00
D PIER ONE IMPORTS COM 720279108 641 78900.00 SH SOLE 78900.00
D PLATINUM TECHNOLOGY COM 72764t101 3978 156000.00 SH SOLE 156000.00
D R H DONNELLY COM 7495w3079 6844 443300.00 SH SOLE 443300.00
D RACING CHAMPIONS COM 750069106 513 46600.00 SH SOLE 46600.00
D ROHN INDUSTRIES INC COM 775381106 1148 517300.00 SH SOLE 517300.00
D SAP AG ADR COM 803054204 395 15000.00 SH SOLE 15000.00
D SCP POOLS COM 784028102 2275 162500.00 SH SOLE 162500.00
D SECURITY DYNAMICS COM 814208104 1024 55000.00 SH SOLE 55000.00
D STERLING COMMERCE COM 859205106 923 30000.00 SH SOLE 30000.00
D SUNGLASS HUT COM 86736f106 2363 225000.00 SH SOLE 225000.00
D TOTAL RENAL CARE COM 89151a107 3180 289100.00 SH SOLE 289100.00
D UNIFY CORP COM 904743101 4193 279500.00 SH SOLE 279500.00
D UNITED INT'L HOLD COM 910734102 20058 461100.00 SH SOLE 461100.00
D YOUNG BROADCASTING COM 987434107 2395 52500.00 SH SOLE 52500.00
4
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S REPORT SUMMARY 41 DATA
RECORDS 126968
0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED
</TABLE>
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42255001.AF0
