SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No.___4________)*
Engex, Inc.
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(Name of Issuer)
Common Stock, $.10 par value
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(Title of Class of Securities)
292851102
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(CUSIP Number)
December 14, 2000
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(Date of Event)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[XX] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 ("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 6 pages
<PAGE>
CUSIP No. 292851102 13G Page 2 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Kinder Investments, 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 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 109,500
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
109,500
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
109,500
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10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
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11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.2%
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12 TYPE OF REPORTING PERSON*
PN
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*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
CUSIP No. 292851102 13G Page 3 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Nesher, LLC
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
New York
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NUMBER OF 5 SOLE VOTING POWER
SHARES 0
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 109,500
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 0
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
109,500
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9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
109,500
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.2%
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12 TYPE OF REPORTING PERSON*
CO.
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*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
CUSIP No. 292851102 13G Page 4 of 6 Pages
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Dov Perlysky
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
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4 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 5 SOLE VOTING POWER
SHARES 114,300
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6 SHARED VOTING POWER
EACH 0
REPORTING --------------------------------------------------------------
PERSON 7 SOLE DISPOSITIVE POWER
WITH 114,300
--------------------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
----------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
114,300
--------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
--------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11.7%
--------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
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*SEE INSTRUCTIONS BEFORE FILLING OUT
<PAGE>
Page 5 of 6 pages
Item 1.
(a) Name of Issuer:
Engex, Inc.
(b) Address of Issuer's Principal Executive Offices:
44 Wall Street
New York, New York 10005
Item 2.
(a) Name of Person Filing:
Kinder Investments, L.P. ("Kinder Investments"); Nesher, LLC
("Nesher") (formerly, "Peyser Associates, LLC"), the general partner
of Kinder Investments; and Dov Perlysky ("Perlysky"), the managing
member of Nesher (together, the "Reporting Parties").
(b) Address of Principal Business Office or, if None, Residence:
The Reporting Parties' business address is 100 Park Avenue,
28th Floor, New York, New York 10017.
(c) Citizen:
Kinder Investments is a New York partnership, Nesher is a New
York company, and Perlysky is a citizen of the United States.
(d) Title of Class of Securities:
Common Stock, $.10 par value ("shares").
(e) CUSIP#:
292851102
Item 4. Ownership:
(a)(b) As of December 14, 2000, Nesher and Kinder may be deemed to
beneficially own 109,500 shares or 11.2% of the Issuer's shares
owned directly by Kinder Investments (1). Perlysky may be
deemed to beneficially own 114,300 shares or 11.7% of the
Issuer's shares, consisting of 109,500 shares owned directly by
Kinder Investments and 4,800 shares owned directly by Perlysky's
wife (2).
(c) Perlysky, as the managing member of Nesher, has sole voting and
dispositive control of shares owned by Kinder Investments.
__________________________________________________________________________
(1) Not included are (i) 112,000 shares owned by a limited partnership,
some of whose limited partners are limited partners of Kinder Investments; (ii)
an aggregate of approximately 91,023 shares owned by Ruki Renov, either directly
by her, directly by her husband, held in custodial accounts under the Uniform
Gift to Minors Act (UGMA), or held in family partnerships; and (iii) an
aggregate of approximately 26,170 shares owned by Esti Stahler in custodial
accounts under the Uniform Gift to Minors Act (UGMA) and in a family
partnership. Ms. Renov and Ms. Stahler are limited partners of Kinder
Investments, and they are children of J. Morton Davis, who is the Chairman,
President, and investment advisor of the Issuer, and may also be deemed to
beneficially own 34.2% of the Issuer.
(2) Perlysky disclaims beneficial interest of shares owned by his wife
for any purpose.
<PAGE>
Page 6 of 6 pages
Item 10. Certification:
By signing below we certify that to the best of our knowledge
and belief, the securities referred to above were acquired in
the ordinary course of business and were not acquired for the
purpose of and do not have the effect of changing or
influencing the control of the issuer of such securities and
were not acquired in connection with or as participant in any
transaction having such purpose of effect.
SIGNATURES
After reasonable inquiry and to the best knowledge and belief of the
Reporting Persons, each such person or entity certifies that the information set
forth in this statement is true, complete and correct.
Kinder Investments, L.P.
By: Nesher, LLC
/s/ Dov Perlysky
Dated: December 15, 2000 By:________________________________
New York, New York Dov Perlysky
Managing Member
Nesher, LLC
/s/ Dov Perlysky
Dated: December 15, 2000 By:_________________________________
New York, New York Dov Perlysky
Managing Member
/s/ Dov Perlysky
Dated: December 15, 2000 _________________________________
New York, New York Dov Perlysky
