UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
------------
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. __)1
AURORA FOODS INC.
-----------------
(Name of issuer)
Common Stock, par value $0.01 per share
------------------------------
(Title of class of securities)
05164B 10 6
--------------
(CUSIP NUMBER)
December 31, 1998
-------------------------------------------------------
(Date of Event which requires filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this schedule
is filed:
|_| Rule 13d-1 (b)
|_| Rule 13d-1 (c)
|X| Rule 13d-1 (d)
1 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 disclosures provided in a prior cover page.
The information required in the remainder of this cover page shall not be
deemed to be "filed" for the purpose of Section 18 of the Securities
Exchange Act of 1934 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).
<PAGE>
- ----------------------------------
CUSIP No. 05164B 10 6 13G
- ----------------------------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
McCown De Leeuw & Co. III, L.P.
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California, United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
9,635,179
------ --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ --------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
5,897,598
------ --------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,635,179
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
14.4%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MDC Management Company III, L.P.
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California, United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
10,053,866
------ -----------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ -----------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
6,316,285
------ -----------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
10,053,866
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
15.0%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
McCown De Leeuw & Co. III (Europe), L.P.
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
418,687
------ --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ --------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
418,687
------ --------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
418,687
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.6%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
McCown De Leeuw & Co. III (Asia), L.P.
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
Bermuda
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
98,124
------ ------------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ ------------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
98,124
------ ------------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
98,124
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.1%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MDC Management Company IIIA, L.P.
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California, United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
98,124
------ ---------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ ---------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
98,124
------ ---------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
98,124
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.1%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Gamma Fund LLC
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California, United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
127,571
------ ---------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ ---------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
127,571
------ ---------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
127,571
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.2%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
McCown De Leeuw & Co. IV, L.P.
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California, United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
5,885,400
------ --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ --------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
5,885,400
------ --------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- --------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,885,400
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.8%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
- -------- -----------------------------------------------------------------------
<PAGE>
- ------------------------------------ ---------------
CUSIP No. 05164B 10 6 13G
- ------------------------------------ ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
MDC Management Company IV, LLC
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California, United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
6,009,502
------ --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ --------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
6,009,502
------ --------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
6,009,502
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
9.0%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Delta Fund LLC
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California, United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
95,308
------ --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ --------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
95,308
------ --------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
95,308
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.1%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
OO
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
McCown De Leeuw & Co. IV Associates, L.P.
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
California, United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
124,102
------ -------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ -------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
124,102
------ -------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
124,102
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
.2%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
PN
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
David E. De Leeuw
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
16,384,371
------ --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ --------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
12,646,790
------ --------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -----------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,384,371
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
24.4%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Charles Ayres
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
16,384,371
------ --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ --------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
12,646,790
------ --------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,384,371
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
24.4%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- -------- -----------------------------------------------------------------------
<PAGE>
- ---------------------------------- ---------------
CUSIP No. 05164B 10 6 13G
- ---------------------------------- ---------------
- -------- -----------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Tyler T. Zachem
- -------- -----------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_|
(b) |X|
- -------- -----------------------------------------------------------------------
3 SEC USE ONLY
- -------- -----------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States of America
- ---------------------------- ------ --------------------------------------------
NUMBER OF SHARES 5 SOLE VOTING POWER
16,384,371
------ --------------------------------------------
BENEFICIALLY 6 SHARED VOTING POWER
0
------ --------------------------------------------
OWNED BY EACH 7 SOLE DISPOSITIVE POWER
12,646,790
------ --------------------------------------------
REPORTING PERSON WITH 8 SHARED DISPOSITIVE POWER
0
- -------- -----------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,384,371
- -------- -----------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES |X|
- -------- -----------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
24.4%
- -------- -----------------------------------------------------------------------
12 TYPE OF REPORTING PERSON
IN
- -------- -----------------------------------------------------------------------
<PAGE>
ITEM 1(A). NAME OF ISSUER:
Aurora Foods Inc. (the "Issuer")
ITEM 1(B). ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICE:
456 Montgomery Street
Suite 2200
San Francisco, California 94104
ITEM 2(A). NAMES OF PERSONS FILING:
The undersigned hereby file this report on Schedule 13G on behalf of
McCown De Leeuw & Co. III, L.P. ("MDC III"), MDC Management Company III, L.P.
("MDC Management III"), McCown De Leeuw & Co. III (Europe), L.P. ("MDC III
(Europe)"), McCown De Leeuw & Co. III (Asia), L.P. ("MDC III (Asia)"), MDC
Management Company IIIA, L.P. ("MDC Management IIIA"), Gamma Fund LLC ("Gamma
Fund"), McCown De Leeuw & Co. IV, L.P. ("MDC IV"), MDC Management Company IV,
LLC ("MDC Management IV"), Delta Fund LLC ("Delta Fund"), McCown De Leeuw & Co.
IV Associates, L.P. ("MDC IVA"), David E. De Leeuw, Charles Ayres and Tyler T.
Zachem. MDC III, MDC Management III, MDC III (Europe), MDC III (Asia), MDC
Management IIIA, Gamma Fund, MDC IV, MDC Management IV, Delta Fund, MDC IVA,
David E. De Leeuw, Charles Ayres and Tyler T. Zachem are sometimes hereinafter
referred to collectively as the "Reporting Persons" or individually as a
"Reporting Person."
ITEM 2(B). ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE:
The principal business office of MDC III, MDC Management III, MDC
III (Europe), MDC III (Asia), MDC Management IIIA, Gamma Fund, MDC IV, MDC
Management IV, Delta Fund and MDC IVA is 3000 Sand Hill Road, Building 3, Suite
290, Menlo Park, California 94025.
The principal business office of David E. De Leeuw, Charles Ayres
and Tyler T. Zachem is McCown De Leeuw & Co., Inc., 65 E. 55th Street, New York,
New York 10022.
ITEM 2(C). CITIZENSHIP:
MDC III, MDC Management III, MDC Management IIIA, MDC IV and MDC IVA
are all California limited partnerships. MDC III (Europe) and MDC III (Asia) are
Bermuda limited partnerships. Gamma Fund, MDC Management IV and Delta Fund are
California limited liability companies. David E. De Leeuw, Charles Ayres and
Tyler T. Zachem are citizens of the United States of America.
ITEM 2(D). TITLE OF CLASS OF SECURITIES:
Common Stock, par value $0.01 per share
ITEM 2(E). CUSIP NUMBER:
05164B 10 6
ITEM 3. Not applicable.
<PAGE>
ITEM 4. OWNERSHIP.
<TABLE>
<CAPTION>
Amount Percent of Sole Voting Shared Voting Sole Shared
Beneficially Class Power Power Dispositive Dispositive
Owned Power Power
<S> <C> <C> <C> <C> <C> <C>
McCown De Leeuw & Co. III, L.P.<F2> 9,635,179 14.4% 9,635,179 0 5,897,598 0
MDC Management Company III, L.P.<F3> 10,053,866 15.0% 10,053,866 0 6,316,285 0
McCown De Leeuw & Co. III (Europe), L.P. 418,687 .6% 418,687 0 418,687 0
McCown De Leeuw & Co. III (Asia), L.P. 98,124 .1% 98,124 0 98,124 0
MDC Management Company IIIA, L.P.<F4> 98,124 .1% 98,124 0 98,124 0
Gamma Fund LLC 127,571 .2% 127,571 0 127,571 0
McCown De Leeuw & Co. IV, L.P. 5,885,400 8.8% 5,885,400 0 5,885,400 0
MDC Management Company IV, LLC<F5> 6,009,502 9.0% 6,009,502 0 6,009,502 0
Delta Fund LLC 95,308 .1% 95,308 0 95,308 0
McCown De Leeuw & Co. IV Associates, L.P. 124,102 .2% 124,102 0 124,102 0
David E. De Leeuw<F6> 16,384,371 24.4% 16,384,371 0 12,646,790 0
Charles Ayres<F7> 16,384,371 24.4% 16,384,371 0 12,646,790 0
Tyler T. Zachem<F8> 16,384,371 24.4% 16,384,371 0 12,646,790 0
<FN>
<F2> Includes 3,737,581 shares of Common Stock held by California Public
Employees Retirement System for which MDC III has an irrevocable proxy which
provides the power to vote all of the securities held by California Public
Employees Retirement System.
<F3> Includes 9,635,179 shares owned or controlled by MDC III, an investment
partnership whose general partner is MDC Management III and 418,687 shares owned
by MDC III (Europe), an investment partnership whose general partner is MDC
Management III.
<F4> Includes 98,124 shares owned by MDC III (Asia), an investment partnership
whose general partner is MDC Management IIIA.
<F5> Includes 5,885,400 shares owned by MDC IV, an investment partnership
whose general partner is MDC Management IV and 124,102 shares owned by MDC IVA,
an investment partnership whose general partner is MDC Management IV.
<F6> Includes 9,635,179 shares of Common Stock owned or controlled by MDC III,
an investment partnership whose general partner is MDC Management III, 418,687
shares of Common Stock owned by MDC III (Europe), an investment partnership
whose general partner is MDC Management III, 98,124 shares of Common Stock owned
by MDC III (Asia), an investment partnership whose general partner is MDC
Management IIIA, 127,571 shares of Common Stock owned by Gamma Fund LLC, a
California limited liability company, 5,885,400 shares of Common Stock owned by
MDC IV, an investment partnership whose general partner is MDC Management IV,
95,308 shares of Common Stock owned by Delta Fund LLC, a California limited
liability company and 124,102 shares of Common Stock owned by MDC IVA, an
investment partnership whose general partner is MDC Management IV. Mr. De Leeuw
is a managing general partner of each of MDC Management III and MDC Management
IIIA, a managing member of MDC Management IV and a member of Gamma Fund and
Delta Fund. Mr. De Leeuw has no direct ownership of any shares of Common Stock
except to the extent of his proportionate partnership interest in MDC Management
III and MDC Management IIIA and membership interest in MDC Management IV, Gamma
Fund and Delta Fund.
<F7> Includes 9,635,179 shares of Common Stock owned or controlled by MDC III,
an investment partnership whose general partner is MDC Management III, 418,687
shares of Common Stock owned by MDC III (Europe), an investment partnership
whose general partner is MDC Management III, 98,124 shares of Common Stock owned
by MDC III (Asia), an investment partnership whose general partner is MDC
Management IIIA, 127,571 shares of Common Stock owned by Gamma Fund LLC, a
California limited liability company, 5,885,400 shares of Common Stock owned by
MDC IV, an investment partnership whose general partner is MDC Management IV,
95,308 shares of Common Stock owned by Delta Fund LLC, a California limited
liability company and 124,102 shares of Common Stock owned by MDC IVA, an
investment partnership whose general partner is MDC Management IV. Mr. Ayres is
a general partner of each of MDC Management III and MDC Management IIIA, a
managing member of MDC Management IV and a member of Gamma Fund and Delta Fund.
Mr. Ayres has no direct ownership of any shares of Common Stock except to the
extent of his proportionate partnership interest in MDC Management III and MDC
Management IIIA and membership interest in MDC Management IV, Gamma Fund and
Delta Fund.
<F8> Includes 9,635,179 shares of Common Stock owned or controlled by MDC III,
an investment partnership whose general partner is MDC Management III, 418,687
shares of Common Stock owned by MDC III (Europe), an investment partnership
whose general partner is MDC Management III, 98,124 shares of Common Stock owned
by MDC III (Asia), an investment partnership whose general partner is MDC
Management IIIA, 127,571 shares of Common Stock owned by Gamma Fund LLC, a
California limited liability company, 5,885,400 shares of Common Stock owned by
MDC IV, an investment partnership whose general partner is MDC Management IV,
95,308 shares of Common Stock owned by Delta Fund LLC, a California limited
liability company and 124,102 shares of Common Stock owned by MDC IVA, an
investment partnership whose general partner is MDC Management IV. Mr. Zachem is
a general partner of each of MDC Management III and MDC Management IIIA, a
managing member of MDC Management IV and a member of Gamma Fund and Delta Fund.
Mr. Zachem has no direct ownership of any shares of Common Stock except to the
extent of his proportionate partnership interest in MDC Management III and MDC
Management IIIA and membership interest in MDC Management IV, Gamma Fund and
Delta Fund.
In addition to the above, the voting members of Gamma Fund LLC and Delta
Fund LLC are George E. McCown, David E. De Leeuw, David E. King, Robert B.
Hellman, Jr., Charles Ayres, and Steven A. Zuckerman, who are also the only
general partners of MDC Management III and MDC Management IIIA and the only
managing members of MDC Management IV. Voting and dispositive decisions
regarding the securities are made by Mr. McCown and Mr. De Leeuw, as Managing
General Partners of each of MDC Management III and MDC Management IIIA who
together have more than the required two-thirds-in-interest vote of the Managing
General Partners necessary to effect such decision on behalf of such entity and
by a vote or consent of all of the managing members of MDC Management IV. Voting
and dispositive decisions regarding securities owned by Delta Fund and Gamma
Fund are made by a vote or consent of a majority in number of the voting members
of Gamma Fund and Delta Fund. Messrs. McCown, De Leeuw, King, Hellman, Ayres and
Zuckerman have no direct ownership of any securities and disclaim beneficial
ownership of such shares except, in the case of Gamma Fund and Delta Fund, to
the extent of their proportionate membership interests. Except to the extent set
forth above, each Reporting Person disclaims beneficial ownership of any shares
of Issuer's Common Stock held by any of the other Reporting Persons. Each
Reporting Person disclaims participation in any "group" (as defined in Section
13(d) of the Securities Exchange Act of 1934, as amended, and the rules
promulgated thereunder) with respect to the securities of the Issuer; however,
in the event a group were to be found to exist with respect to the Issuer, each
Reporting Person could be deemed to be the beneficial owner of the shares
beneficially owned by the other Reporting Persons, which beneficial ownership
would total 16,384,371 shares of the Issuer's Common Stock.
</FN>
</TABLE>
<PAGE>
ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS.
Not applicable.
ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON.
Under certain circumstances set forth in the partnership agreements
or the operating agreement, as the case may be, of the Reporting Persons, the
general partners, limited partners and/or the members of each of the Reporting
Persons have the right to receive dividends from, or the proceeds from the sale
of, the Common Stock of the Issuer owned by each of the Reporting Persons.
ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED
THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY.
Not applicable.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP.
Neither the filing of this Schedule 13G nor any of its contents
shall be deemed to constitute an admission that any Reporting Person is acting
with any other Reporting Person as a member of a "group" with respect to the
securities of the Issuer for purposes of Section 13(d) of the Securities
Exchange Act and the rules and regulations thereunder, or for any other purpose,
and the existence of any such "group" is expressly disclaimed hereby. The
agreement required by Rule 13d-1(k)(1) is attached hereto as Exhibit A.
ITEM 9. NOTICE OF DISSOLUTION OF GROUP.
Not applicable.
ITEM 10. CERTIFICATION.
Not applicable.
<PAGE>
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.
Dated: February 11, 1999
MCCOWN DE LEEUW & CO. III, L.P.
By: MDC MANAGEMENT COMPANY III,
L.P., its General Partner
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: General Partner
MDC MANAGEMENT COMPANY III, L.P.
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: General Partner
MCCOWN DE LEEUW & CO. III (EUROPE), L.P.
By: MDC MANAGEMENT COMPANY III,
L.P., its General Partner
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: General Partner
MCCOWN DE LEEUW & CO. III (ASIA), L.P.
By: MDC MANAGEMENT COMPANY IIIA,
L.P., its General Partner
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: General Partner
MDC MANAGEMENT COMPANY IIIA, L.P.
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: General Partner
GAMMA FUND LLC
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: Member
MCCOWN DE LEEUW & CO. IV, L.P.
By: MDC MANAGEMENT COMPANY IV,
LLC, its General Partner
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: Member
MDC MANAGEMENT COMPANY IV, LLC
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: Member
DELTA FUND LLC
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: Member
MCCOWN DE LEEUW & CO. IV ASSOCIATES, L.P.
By: MDC MANAGEMENT COMPANY IV,
LLC, its General Partner
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: Member
/s/ David E. De Leeuw
--------------------------------------
David E. De Leeuw
/s/ Charles Ayres
--------------------------------------
Charles Ayres
/s/ Tyler T. Zachem
--------------------------------------
Tyler T. Zachem
<PAGE>
EXHIBIT A
Pursuant to Rule 13d-1(k)(1) of the General Rules and Regulations
under the Securities Exchange Act of 1934, as amended, the undersigned agree
that the statement to which this Exhibit is attached is filed on behalf of them.
MCCOWN DE LEEUW & CO. III, L.P.
By: MDC MANAGEMENT COMPANY III,
L.P., its General Partner
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: General Partner
MDC MANAGEMENT COMPANY III, L.P.
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: General Partner
MCCOWN DE LEEUW & CO. III (EUROPE), L.P.
By: MDC MANAGEMENT COMPANY III,
L.P., its General Partner
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: General Partner
MCCOWN DE LEEUW & CO. III (ASIA), L.P.
By: MDC MANAGEMENT COMPANY IIIA,
L.P., its General Partner
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: General Partner
MDC MANAGEMENT COMPANY IIIA, L.P.
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: General Partner
GAMMA FUND LLC
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: Member
MCCOWN DE LEEUW & CO. IV, L.P.
By: MDC MANAGEMENT COMPANY IV,
LLC, its General Partner
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: Member
MDC MANAGEMENT COMPANY IV, LLC
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: Member
DELTA FUND LLC
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: Member
MCCOWN DE LEEUW & CO. IV ASSOCIATES, L.P.
By: MDC MANAGEMENT COMPANY IV,
LLC, its General Partner
By: /s/ David E. De Leeuw
--------------------------------------
Name: David E. De Leeuw
Title: Member
/s/ David E. De Leeuw
--------------------------------------
David E. De Leeuw
/s/ Charles Ayres
--------------------------------------
Charles Ayres
/s/ Tyler T. Zachem
--------------------------------------
Tyler T. Zachem
