<PAGE>
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENT FILED
PURSUANT TO RULE 13d-1(a) AND AMENDMENTS THERETO
FILED PURSUANT TO RULE 13d-2(a)
(Amendment No. 1)*
OMEGA WORLDWIDE, INC.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
68210B108
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(CUSIP NUMBER)
Robert T. Needham, K Capital Partners, LLC
75 Park Plaza
Boston, Massachusetts 02116
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(Name, Address and Telephone Number of Person Authorized
to Receive Notices and Communications)
December 8, 2000
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e),
13d-1(f) or 13d-1(g), check the following box |_|.
NOTE: Schedules filed in paper format shall include a signed original and five
copies of the schedule including all exhibits. See Rule 13d-7(b) for other
parties to whom copies are to be sent.
*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
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities and Exchange Act
of 1934 ("Act") 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 1 of 14 Pages
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CUSIP No. 68210B108 Page 2 of 14 Pages
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1. NAMES OF REPORTING PERSONS
S.S. or IRS IDENTIFICATION NO. OF ABOVE PERSON
K Capital Partners, LLC
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
AF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7. SOLE VOTING POWER
SHARES 219,412
BENEFICIALLY --------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER
219,412
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
219,412
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [_]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.783%
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14. TYPE OF REPORTING PERSON*
OO
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<PAGE>
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CUSIP No. 68210B108 Page 3 of 14 Pages
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1. NAMES OF REPORTING PERSONS
S.S. or IRS IDENTIFICATION NO. OF ABOVE PERSON
K Capital I, L.P.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7. SOLE VOTING POWER
SHARES 0
BENEFICIALLY --------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER
0
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [_]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
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14. TYPE OF REPORTING PERSON*
PN
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<PAGE>
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CUSIP No. 68210B108 Page 4 of 14 Pages
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1. NAMES OF REPORTING PERSONS
S.S. or IRS IDENTIFICATION NO. OF ABOVE PERSON
K Capital II, L.P.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7. SOLE VOTING POWER
SHARES 0
BENEFICIALLY --------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER
0
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
0
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12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
0%
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14. TYPE OF REPORTING PERSON*
PN
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<PAGE>
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CUSIP No. 68210B108 Page 5 of 14 Pages
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1. NAMES OF REPORTING PERSONS
S.S. or IRS IDENTIFICATION NO. OF ABOVE PERSON
K Capital Offshore Master Fund (U.S. Dollar), L.P.
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
WC
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Cayman Islands
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NUMBER OF 7. SOLE VOTING POWER
SHARES 164,788
BENEFICIALLY --------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER
164,788
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
164,788
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [_]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.339%
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14. TYPE OF REPORTING PERSON*
PN
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<PAGE>
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CUSIP No. 68210B108 Page 6 of 14 Pages
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1. NAMES OF REPORTING PERSONS
S.S. or IRS IDENTIFICATION NO. OF ABOVE PERSON
Harwich Capital Partners, LLC
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
AF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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NUMBER OF 7. SOLE VOTING POWER
SHARES 219,412
BENEFICIALLY --------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER
219,412
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
219,412
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.783%
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14. TYPE OF REPORTING PERSON*
OO
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<PAGE>
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CUSIP No. 68210B108 Page 7 of 14 Pages
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1. NAMES OF REPORTING PERSONS
S.S. or IRS IDENTIFICATION NO. OF ABOVE PERSON
Thomas Knott
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
AF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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NUMBER OF 7. SOLE VOTING POWER
SHARES 219,412
BENEFICIALLY --------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER
219,412
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
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11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
219,412
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [_]
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13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.783%
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14. TYPE OF REPORTING PERSON*
IN
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<PAGE>
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CUSIP No. 68210B108 Page 8 of 14 Pages
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1. NAMES OF REPORTING PERSONS
S.S. or IRS IDENTIFICATION NO. OF ABOVE PERSON
Abner Kurtin
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2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [_]
(b) [_]
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3. SEC USE ONLY
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4. SOURCE OF FUNDS*
AF
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5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEM 2(d) or 2(e) [_]
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6. CITIZENSHIP OR PLACE OF ORGANIZATION
U.S. Citizen
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NUMBER OF 7. SOLE VOTING POWER
SHARES 219,412
BENEFICIALLY --------------------------------------------------------
OWNED BY 8. SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------
PERSON WITH 9. SOLE DISPOSITIVE POWER
219,412
--------------------------------------------------------
10. SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
219,412
--------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES* [_]
--------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
1.783%
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14. TYPE OF REPORTING PERSON*
IN
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<PAGE>
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CUSIP No. 68210B108 Page 9 of 14 Pages
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ITEM 1. SECURITY AND ISSUER
This Report on Schedule 13D relates to shares of common stock, par
value $.10 per share (the "Common Stock"), of Omega Worldwide, Inc. (the
"Company"), whose principal executive offices are located at 900 Victors Way,
Suite 345, Ann Arbor, Michigan 48108.
ITEM 2. IDENTITY AND BACKGROUND
This Report is filed by K Capital I, L.P., K Capital II, L.P., K
Capital Offshore Master Fund (U.S. Dollar), L.P. (collectively the
"Partnership"), K Capital Partners, LLC, Harwich Capital Partners, LLC, Thomas
Knott, Abner Kurtin.
K Capital I, L.P. and K Capital II, L.P. are each a Delaware limited
partnership having their principal place of business and executive offices at
c/o K Capital Partners, 75 Park Plaza, Boston, MA 02116; K Capital Offshore
Master Fund (U.S. Dollar), L.P. is a limited partnership organized in the Cayman
Islands with a registered address at the offices of Walkers Attorneys at Law,
Walker House, P.O. Box 265, Georgetown, Grand Cayman, Cayman Islands; K Capital
Partners, LLC is a Delaware limited liability company and the sole General
Partner of the Partnership (the "General Partner") having its principal place of
business and executive offices at 75 Park Plaza, Boston, MA 02116; Harwich
Capital Partners LLC is a Delaware limited liability company and the Managing
Member of the General Partner having its principal place of business at 75 Park
Plaza, Boston, Massachusetts 02116; and Thomas Knott and Abner Kurtin, each of
whom are the Managing Members of Harwich Capital Partners, LLC, having its
principal business address c/o K Capital Partners, LLC, 441 Stuart Street, 6th
floor, Boston, Massachusetts 02116 (collectively, the "Reporting Persons"). The
principal business of each Reporting Person is to administer, promote, manage
and advise private investment pools and any business related thereto or useful
in connection therewith. K Capital Partners, LLC is the sole general partner of
the Partnership.
During the past five years or since their inception, the Reporting
Persons have not been convicted in a criminal proceeding (excluding traffic
violations or similar misdemeanors), and have not been a party to a civil
proceeding of a judicial or administrative body of competent jurisdiction and
are not, as a result of any such proceeding, subject to a judgment, decree or
final order enjoining future violations of, or prohibiting or mandating
activities subject to, federal or state securities laws or finding any violation
with respect to such laws.
Mr. Knott and Mr. Kurtin are United States citizens.
ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION
The source of funds for the transactions described in Item 5(c) were
assets of the Partnership and certain other managed accounts.
ITEM 4. PURPOSE OF TRANSACTION
The Partnership and certain other managed accounts acquired the Common
Stock described in Item 5(c) for investment purposes. None of the Reporting
Persons have any current plans or proposals which relate to or would result in:
<PAGE>
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CUSIP No. 68210B108 Page 10 of 14 Pages
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a. The acquisition by any person of additional securities of the issuer,
or the disposition of securities of the issuer;
b. An extraordinary corporate transaction, such as a merger,
reorganization or liquidation, involving the issuer or any of its
subsidiaries;
c. A sale or transfer of a material amount of assets of the issuer or any
of its subsidiaries;
d. Any change in the present board of directors or management of the
issuer, including any plans or proposals to change the number or term
of directors or to fill any existing vacancies on the board;
e. Any material change in the present capitalization or dividend policy
of the issuer;
f. Any other material change in the issuer's business or corporate
structure including but not limited to, if the issuer is a registered
closed-end investment company, any plans or proposals to make any
change in its investment policy for which a vote is required by
Section 13 of the Investment Company Act of 1940;
g. Changes in the issuer's charter, bylaws or instruments corresponding
thereto or other actions which may impede the acquisition of control
of the issuer by any person;
h. Causing a class of securities of the issuer to be delisted from a
national securities exchange or to cease to be authorized to be quoted
in an inter-dealer quotation system of a registered national
securities association;
i. A class of equity securities of the issuer becoming eligible for
termination of registration pursuant to Section 1(g)(4) of the
Securities Exchange Act of 1934; or
<PAGE>
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CUSIP No. 68210B108 Page 11 of 14 Pages
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ITEM 5. INTEREST IN SECURITIES OF THE ISSUER
a. As of December 8, 2000, the Reporting Persons may be deemed to
beneficially own 219,412 shares of Common Stock of the Company. Based
upon their being 12,308,500 shares of Common Stock outstanding, the
shares of Common Stock which the Reporting Persons may be deemed to
beneficially own represents approximately 1.783% of the outstanding
shares of Common Stock of the Company. As of November 27, 2000, the
Reporting Persons ceased to be the deemed beneficial owners of more
than 5% of the outstanding shares of Common Stock of the Company.
b. In accordance with the Agreement of Limited Partnership, the General
Partner has the sole power to vote and the sole power to dispose of
the shares of Common Stock of the Company held by the Partnership.
c. The Reporting Persons have made the following sales of shares of
Common Stock:
<TABLE>
<CAPTION>
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K Capital I, L.P.
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Transaction Date # of Shares Price Per Share Aggregate
Purchased/ (Sold) Purchase/(Sale)
Price
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<S> <C> <C> <C>
11/27/00 (25,590) 1.9375 ($49,580.625)
---------------------------------------------------------------------------------
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K Capital II, L.P.
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Transaction Date # of Shares Price Per Share Aggregate
Purchased/ (Sold) Purchase/(Sale)
Price
---------------------------------------------------------------------------------
11/27/00 (390,205) 1.9375 ($756,022.19)
---------------------------------------------------------------------------------
</TABLE>
All transactions were made in the open market on NASDAQ.
Other accounts under the management of the General Partner have made
no purchases or sales of Common Stock.
d. Each Partnership is a limited partnership. Each member of the
Partnership is entitled to receive certain distributions from the
Partnership's assets as specified in the Partnership's governing
documents.
e. Not Applicable.
The filing of this statement shall not be construed as an admission
that any of the Reporting Persons are, for the purposes of Sections 13(d) or
13(g) of the Securities Exchange Act of 1934, the beneficial owners of any
securities covered by this statement.
<PAGE>
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CUSIP No. 68210B108 Page 12 of 14 Pages
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ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER
There are no contracts, arrangements, understandings or relationships
(legal or otherwise) between or among any of the Reporting Persons and any other
person with respect to any securities of the Company other than the governing
documents of the Partnership.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
Exhibit 1 - Agreement regarding filing of joint Schedule 13D
(previously filed).
<PAGE>
SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief of
the undersigned, each of the undersigned hereby certifies that the information
set forth in this statement is true, complete and correct.
EXECUTED as a sealed instrument this 8th day of December, 2000.
K Capital I, L.P.
By: /s/ Robert T. Needham
--------------------------------------------
K Capital Partners, LLC, General Partner by:
Harwich Capital Partners LLC, its Managing
Member, by Robert T. Needham, its Chief
Administrative Officer
K Capital II, L.P.
By: /s/ Robert T. Needham
--------------------------------------------
K Capital Partners, LLC, General Partner by:
Harwich Capital Partners LLC, its Managing
Member, by Robert T. Needham, its Chief
Administrative Officer
K Capital Offshore Master Fund (U.S. Dollar), L.P.
By: /s/ Robert T. Needham
--------------------------------------------
K Capital Partners, LLC, General Partner by:
Harwich Capital Partners LLC, its Managing
Member, by Robert T. Needham, its Chief
Administrative Officer
K Capital Partners, LLC
By: /s/ Robert T. Needham
--------------------------------------------
Harwich Capital Partners, LLC
by Robert T. Needham, its Chief Administrative
Officer
Harwich Capital Partners, LLC
By: /s/ Robert T. Needham
--------------------------------------------
Robert T. Needham, its Chief Administrative
Officer
/s/ Thomas Knott
--------------------------------
Thomas Knott
/s/ Abner Kurtin
--------------------------------
Abner Kurtin
13
