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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2000
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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: EnTrust Partners OFFSHORE LLC
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Address: 650 Madison Avenue
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New York, NY 10022
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Form 13F File Number: 28-05427
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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: Richard I. Ellenbogen
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Title: Vice President & General Counsel
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Phone: 212.888.5209
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Signature, Place, and Date of Signing:
/s/ Richard I. Ellenbogen New York, NY 05/15/00
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(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.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
<PAGE>
[ ] 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-
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[Repeat as necessary.]
2
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Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
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Form 13F Information Table Entry Total: 39
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Form 13F Information Table Value Total: $ 17,495
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(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.]
NONE
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<TABLE>
<CAPTION>
ENTRUST PARTNERS OFFSHORE LLC
NAME OF ISSUER TITLE OF CLASS CUSIP MARKET VALUE SHARES/PRN AMT SH/PRN PUT/CALL
* 1000
<S> <C> <C> <C> <C> <C>
AMC ENTERTAINMENT INC COMMON STOCK 001669100 165 17200 SH
AMERICAN STANDARD COMPANIES COMMON STOCK 029712106 204 5500 SH
ASPECT TELECOMMUNICATIONS CORP COMMON STOCK 04523710 900 24275 SH
ASPEON INC COMMON STOCK 045354107 568 28025 SH
AT&T CORP LIBERTY MEDIA CORP COMMON STOCK 001957208 1130 19050 SH
AZTEC TECHNOLOGY PARTNERS INC COMMON STOCK 05480L101 290 36350 SH
BEA SYSTEMS INC COMMON STOCK 073325102 510 6950 SH
BROADCOM CORP COMMON STOCK 111320107 36 150 SH
CABLETRON SYSTEMS INC COMMON STOCK 28205610 1000 34100 SH
CITIGROUP INC COMMON STOCK 172967101 647 10800 SH
COLUMBIA/HCA HEALTHCARE CORP COMMON STOCK 197677107 295 11650 SH
CONEXANT SYSTEMS INC COMMON STOCK 207142100 21 300 SH
CRESTLINE CAPITAL CORP COMMON STOCK 226153104 453 26000 SH
EGAIN COMMUNICATIONS CORP COMMON STOCK 28225C103 211 5400 SH
EPICOR SOFTWARE CORP COMMON STOCK 29426L108 1085 127600 SH
FINOVA GROUP INC COMMON STOCK 317928109 368 21900 SH
FREQUENCY ELECTRONICS INC COMMON STOCK 358010106 188 10300 SH
GOLDEN STATE BANCORP INC COMMON STOCK 381197102 500 33450 SH
ION NETWORKS INC COMMON STOCK 46205P100 1424 42350 SH
JOHN WILEY & SONS INC CLASS A COMMON STOCK 968223206 340 18900 SH
MBNA CORP COMMON STOCK 55262L100 380 14900 SH
PARAMETRIC TECHNOLOGY CORP COMMON STOCK 699173100 567 26900 SH
REGIS CORP-MINN COMMON STOCK 758932107 514 34700 SH
RURAL CELLULAR CORP COMMON STOCK 781904107 54 800 SH
SKECHERS USA INC COMMON STOCK 830566105 103 14150 SH
STARWOOD HOTELS & RESORTS COMMON STOCK 85590A203 924 35875 SH
***SBS BROADCASTING SA COMMON STOCK L8137F102 1356 22050 SH
***SHAW COMMUNICATIONS INC COMMON STOCK 82028K200 1216 45150 SH
SUIZA FOODS CORP. COMMON STOCK 865077101 489 12150 SH
***TELECOMINICAOES BRASILEIRA COMMON STOCK 879287308 284 1900 SH
TELEPHONE & DATA SYSTEMS INC COMMON STOCK 879433100 577 5200 SH
TELESPECTRUM WORLDWIDE INC. COMMON STOCK 89751U109 37 5300 SH
TRANSWITCH CORP COMMON STOCK 894065101 22 225 SH
US CELLULAR CORP COMMON STOCK 911684108 125 1250 SH
VITESSE SEMICONDUCTOR CORP COMMON STOCK 928497106 43 450 SH
WIND RIVER SYSTEMS INC COMMON STOCK 973149107 116 3200 SH
YANKEE CANDLE INC COMMON STOCK 984757104 278 17575 SH
RITE AID CP JAN 005 PBW COMMON STOCK 767754104 24 155 PUT
XEIKON NV AUG 020 AME COMMON STOCK 984003103 18 25 PUT
XEIKON NV MAY 025 AME COMMON STOCK 984003103 33 85 PUT
17495
*** FOREIGN COMPANY
Table continued...
<PAGE>
NAME OF ISSUER INVESTMENTMANAGERS SOLE SHARED NONE
Discretion
AMC ENTERTAINMENT INC SOLE 17200
AMERICAN STANDARD COMPANIES SOLE 5500
ASPECT TELECOMMUNICATIONS CORP SOLE 24275
ASPEON INC SOLE 28025
AT&T CORP LIBERTY MEDIA CORP SOLE 19050
AZTEC TECHNOLOGY PARTNERS INC SOLE 36350
BEA SYSTEMS INC SOLE 6950
BROADCOM CORP SOLE 150
CABLETRON SYSTEMS INC SOLE 34100
CITIGROUP INC SOLE 10800
COLUMBIA/HCA HEALTHCARE CORP SOLE 11650
CONEXANT SYSTEMS INC SOLE 300
CRESTLINE CAPITAL CORP SOLE 26000
EGAIN COMMUNICATIONS CORP SOLE 5400
EPICOR SOFTWARE CORP SOLE 127600
FINOVA GROUP INC SOLE 21900
FREQUENCY ELECTRONICS INC SOLE 10300
GOLDEN STATE BANCORP INC SOLE 33450
ION NETWORKS INC SOLE 42350
JOHN WILEY & SONS INC CLASS A SOLE 18900
MBNA CORP SOLE 14900
PARAMETRIC TECHNOLOGY CORP SOLE 26900
REGIS CORP-MINN SOLE 34700
RURAL CELLULAR CORP SOLE 800
SKECHERS USA INC SOLE 14150
STARWOOD HOTELS & RESORTS SOLE 35875
***SBS BROADCASTING SA SOLE 22050
***SHAW COMMUNICATIONS INC SOLE 45150
SUIZA FOODS CORP. SOLE 12150
***TELECOMINICAOES BRASILEIRA SOLE 1900
TELEPHONE & DATA SYSTEMS INC SOLE 5200
TELESPECTRUM WORLDWIDE INC. SOLE 5300
TRANSWITCH CORP SOLE 225
US CELLULAR CORP SOLE 1250
VITESSE SEMICONDUCTOR CORP SOLE 450
WIND RIVER SYSTEMS INC SOLE 3200
YANKEE CANDLE INC SOLE 17575
RITE AID CP JAN 005 PBW SOLE 155
XEIKON NV AUG 020 AME SOLE 26
XEIKON NV MAY 025 AME SOLE 85
*** FOREIGN COMPANY
</TABLE>
