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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Loehmann's, Inc.
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(Name of Issuer)
Common Stock, $.01 par value
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(Title of Class of Securities)
540417102
------------------------------------
(CUSIP Number)
Page 1 of 11 Pages
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- ----------------------
CUSIP NO.
540417102
- ----------------------
- --------------------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Goldman, Sachs & Co.
- --------------------------------------------------------------------------------
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
Beneficially 0
Owned By --------------------------------------
Each 6. Shared Voting Power
Reporting
Person With 1,006,600
--------------------------------------
7. Sole Dispositive Power
0
--------------------------------------
8. Shared Dispositive Power
1,006,600
--------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,006,600
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
11.5%
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12. Type of Reporting Person
BD-PN-IA
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Page 2 of 11 Pages
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CUSIP NO.
540417102
- ----------------------
- --------------------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
The Goldman Sachs Group, L.P.
- --------------------------------------------------------------------------------
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
Delaware
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Number of 5. Sole Voting Power
Shares
Beneficially 0
Owned By --------------------------------------
Each 6. Shared Voting Power
Reporting
Person With 1,006,600
--------------------------------------
7. Sole Dispositive Power
0
--------------------------------------
8. Shared Dispositive Power
1,006,600
--------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
1,006,600
- --------------------------------------------------------------------------------
10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
11.5%
- --------------------------------------------------------------------------------
12. Type of Reporting Person
HC-PN
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Page 3 of 11 Pages
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CUSIP NO.
540417102
- ----------------------
- --------------------------------------------------------------------------------
1. Name of Reporting Person
S.S. or I.R.S. Identification No. of Above Person
Goldman Sachs Equity Portfolios, Inc. on behalf of
Goldman Sachs Small Cap Equity Fund
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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
- --------------------------------------------------------------------------------
4. Citizenship or place of Organization
Maryland
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Number of 5. Sole Voting Power
Shares
Beneficially 0
Owned By --------------------------------------
Each 6. Shared Voting Power
Reporting
Person With 765,300
--------------------------------------
7. Sole Dispositive Power
0
--------------------------------------
8. Shared Dispositive Power
765,300
--------------------------------------
9. Aggregate Amount Beneficially Owned by Each Reporting Person
765,300
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10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares
- --------------------------------------------------------------------------------
11. Percent of Class Represented by Amount in Row (9)
8.7%
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12. Type of Reporting Person
IC
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Page 4 of 11 Pages
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Item 1(a). Name of Issuer:
Loehmann's, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
2500 Halsey Street
Bronx, New York 10461
Item 2(a). Name of Persons Filing:
The Goldman Sachs Group, L.P. and Goldman, Sachs & Co. and
Goldman Sachs Equity Portfolios, Inc. on behalf of GS Small Cap
Equity Fund
Item 2(b). Address of Principal Business Office or, if None, Residence:
for the Goldman Sachs Group, L.P. and Goldman, Sachs & Co.:
85 Broad Street, New York, NY 10004
for Goldman Sachs Equity Portfolios, Inc.:
1 New York Plaza, New York, NY 10004
Item 2(c). Citizenship:
The Goldman Sachs Group, L.P. - Delaware
Goldman, Sachs & Co. - New York
Goldman Sachs Equity Portfolios, Inc. - Maryland
Item 2(d). Title and Class of Securities:
Common Stock, $.01 par value
Item 2(e). CUSIP Number:
540417102
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a :
(a).X Broker or dealer registered under Section 15 of the Act,
Goldman, Sachs & Co.
(b). Bank as defined in Section 3(a)(6) of the Act,
(c). Insurance Company as defined in Section 3(a)(19) of the Act,
(d).X Investment Company registered under Section 8 of the Investment
Company Act,
Goldman Sachs Equity Portfolios, Inc. on behalf of GS
Small Cap Equity Fund
(e).X Investment Adviser registered under Section 203 of the
Investment
Page 5 of 11 Pages
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Advisers Act of 1940,
Goldman, Sachs & Co.
(f). Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see 13d-1(b)(1)(ii)(F),
(g).X Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G);
see Item 7,
The Goldman Sachs Group, L.P.
(h). Group, in accordance with Rule 13d-1(b)(ii)(H).
Item 4. Ownership
(a). Amount beneficially owned:
See the response(s) to Item 9 on the attached cover page(s).
(b). Percent of Class:
See the response(s) to Item 11 on the attached cover page(s).
(c). Number of shares as to which such person has:
(i). Sole power to vote or to direct the vote:
See the response(s) to Item 5 on the attached
cover page(s).
(ii). Shared power to vote or to direct the vote:
See the response(s) to Item 6 on the attached
cover page(s).
(iii). Sole power to dispose or to direct the disposition of:
See the response(s) to Item 7 on the attached
cover page(s).
(iv). Shared power to dispose or to direct the disposition
of:
See the response(s) to Item 8 on the attached
cover page(s).
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.
Not Applicable
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on by the Parent Holding
Company.
See Exhibit (99.2)
Page 6 of 11 Pages
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Item 8. Identification and Classification of Members of the Group.
Not Applicable
Item 9. Notice of Dissolution of Group.
Not Applicable
Item 10. Certification.
By signing below I certify that, to the best of my 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 a participant in any
transaction having such purpose or effect.
Page 7 of 11 Pages
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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.
Date: May 10, 1997
THE GOLDMAN SACHS GROUP, L.P.
By: The Goldman Sachs Corporation,
its general partner
By: /s/ David B. Ford
--------------------------------
Name: David B. Ford
Title: Executive Vice President
GOLDMAN, SACHS & CO.
By: /s/ David B. Ford
--------------------------------
Name: David B. Ford
Title: Managing Director
GOLDMAN SACHS EQUITY PORTFOLIOS,
INC. on behalf of Goldman Sachs Small
Cap Equity Fund
By: /s/ Michael J. Richman
--------------------------------
Name: Michael J. Richman
Title: Secretary
Page 8 of 11 Pages
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INDEX TO EXHIBITS
Exhibit No. Exhibit
- ----------- -------
99.1 Joint Filing Agreement, dated May 10, 1996, between The
Goldman Sachs Group, L.P., Goldman, Sachs & Co. and Goldman
Sachs Equity Portfolios, Inc. on behalf of GS Small Cap
Equity Fund
99.2 Item 7 Information
Page 9 of 11 Pages
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EXHIBIT (99.1)
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(f) promulgated under the Securities Exchange
Act of 1934, the undersigned agree to the joint filing of a Statement on
Schedule 13G (including any and all amendments thereto) with respect to the
shares of common stock, $.01 par value of Loehmann's, Inc., and further agree to
the filing of this agreement as an Exhibit thereto. In addition, each party to
this Agreement expressly authorizes each other party to this Agreement to file
on its behalf any and all amendments to such Statement on Schedule 13G.
Date: May 10, 1997
THE GOLDMAN SACHS GROUP, L.P.
By: The Goldman Sachs Corporation,
its general partner
By: /s/ David B. Ford
---------------------------------
Name: David B. Ford
Title: Executive Vice President
GOLDMAN, SACHS & CO.
By: /s/ David B. Ford
---------------------------------
Name: David B. Ford
Title: Managing Director
GOLDMAN SACHS EQUITY PORTFOLIOS, INC. on
behalf of Goldman Sachs Small Cap Equity
Fund
By: /s/ Michael J. Richman
---------------------------------
Name: Michael J. Richman
Title: Secretary
Page 10 of 11 Pages
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EXHIBIT (99.2)
ITEM 7 INFORMATION
Goldman, Sachs & Co. is a broker or dealer registered under Section 15 of
the Act and an investment adviser registered under Section 203 of the Investment
Advisers Act of 1940.
Goldman Sachs Equity Portfolios, Inc. is an Investment Company registered
under Section 8 of the Investment Coompany Act.
Page 11 of 11 Pages
