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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 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: Lipper Convertibles, L.P.
Address: 101 Park Avenue, 6th Floor
New York, New York 10178
Form 13F File Number: 28-6108
The institutional investment manager filing this report and the
attachment hereto 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: Abraham Biderman
Title: Executive Vice President
Phone: (212) 883-6333
Signature, Place and Date of Signing:
/s/ Abraham Biderman New York, New York May 14, 1999
Report Type (Check only one):
[_] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[X] 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:
Form 13F File Number: 28-6106
Name: Kenneth Lipper
<PAGE>
ATTACHMENT
The Section 13(f) securities positions of Lipper Convertibles, L.P. ("Lipper
Convertibles") are reported on the Form 13F report filed by Kenneth Lipper ("K.
Lipper"), who is the majority shareholder of Lipper & Company, Inc. ("Lipper
Inc."), which is the manager of Lipper Holdings, LLC ("Lipper Holdings"), which
is the general partner of Lipper Convertibles. K. Lipper is also the holder of a
majority of interest of Lipper Holdings. As majority shareholder of Lipper Inc.
and majority member of Lipper Holdings, K. Lipper does not exercise direct
investment discretion with respect to any Section 13(f) securities over which
Lipper Convertibles exercises direct investment discretion. To the extent,
however, that K. Lipper's interest in Lipper Convertibles may give rise to a
filing obligation on behalf of K. Lipper under Section 13(f) of the Securities
Exchange Act of 1934, as amended, and the regulations promulgated thereunder,
the information that Lipper Convertibles is required to file by Section 13(f)
and the regulations promulgated thereunder is included in the Form 13F report
filed by K. Lipper.