MNI GROUP INC
SC 13G, 1995-02-17
PERSONAL SERVICES
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                                UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G


                   Under the Securities Exchange Act of 1934
                               (Amendment No. )*


                                 MNI Group Inc.
                                (Name of Issuer)

                     Common Stock, $.01 par value per share

                         (Title of Class of Securities)


                                   553111105
                                 (CUSIP Number)


Check the following box if a fee is being paid with this  statement  /x/. (A fee
is not required only if the filing person:  (1) has a previous statement on file
reporting  beneficial  ownership  of more  than  five  percent  of the  class of
securities  described  in Item 1;  and (2) has  filed  no  amendment  subsequent
thereto reporting  beneficial  ownership of five percent or less of such class.)
(See Rule 13d-7).


*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 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  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 10 Pages


<PAGE>


                                                    SCHEDULE 13G

CUSIP No. 553111105                                     Page 2 of 10 Pages

1.       NAME OF REPORTING PERSON
                  WestMed Venture Partners, L.P.

         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON


2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                  (a) /x/
                  (b) / /

3.       SEC USE ONLY

          4.      CITIZENSHIP OR PLACE OF ORGANIZATION
                  Delaware


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

5.       SOLE VOTING POWER
                                     0

          6.      SHARED VOTING POWER
                                     211,973

          7.      SOLE DISPOSITIVE POWER
                                     0

          8.      SHARED DISPOSITIVE POWER
                                     211,973

          9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                            211,973

          10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
                  SHARES
                  (SEE INSTRUCTIONS)  / /

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                            5.9%

          12.     TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
                  PN


<PAGE>



                                                           SCHEDULE 13G

CUSIP No. 553111105                                         Page 3 of 10 Pages

1.       NAME OF REPORTING PERSON
                  WestMed Venture Management, L.P.

         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON


2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                  (a) /x/
                  (b) / /

3.       SEC USE ONLY

          4.      CITIZENSHIP OR PLACE OF ORGANIZATION
                  Delaware


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

         5.       SOLE VOTING POWER
                                     0

                   6.      SHARED VOTING POWER
                                     211,973

                   7.      SOLE DISPOSITIVE POWER
                                     0

                   8.      SHARED DISPOSITIVE POWER
                                     211,973

          9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                            211,973

          10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
                  SHARES
                  (SEE INSTRUCTIONS)   / /

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                            5.9%

          12.     TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
                  PN


<PAGE>



                                                           SCHEDULE 13G

CUSIP No. 553111105                                       Page 4 of 10 Pages

1.       NAME OF REPORTING PERSON
                  Medical Venture Holdings, Inc.

         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON


2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                  (a) /x/
                  (b) / /

3.       SEC USE ONLY

          4.      CITIZENSHIP OR PLACE OF ORGANIZATION
                  Delaware


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

         5.       SOLE VOTING POWER
                                     0

                   6.      SHARED VOTING POWER
                                     211,973

                   7.      SOLE DISPOSITIVE POWER
                                     0

                   8.      SHARED DISPOSITIVE POWER
                                     211,973

          9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                            211,973

          10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
                  SHARES
                  (SEE INSTRUCTIONS)  / /

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                            5.9%

          12.     TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
                  CO


<PAGE>


                                                           SCHEDULE 13G

CUSIP No. 553111105                                         Page 5 of 10 Pages

1.       NAME OF REPORTING PERSON
                  Oppenheimer Holdings, Inc.

         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON


2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                  (a) /x/
                  (b) / /

3.       SEC USE ONLY

          4.      CITIZENSHIP OR PLACE OF ORGANIZATION
                  Delaware


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

         5.       SOLE VOTING POWER
                                     0

                   6.      SHARED VOTING POWER
                                     211,973

                   7.      SOLE DISPOSITIVE POWER
                                     0

                   8.      SHARED DISPOSITIVE POWER
                                     211,973

          9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                            211,973

          10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
                  SHARES
                  (SEE INSTRUCTIONS)   / /

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                            5.9%

          12.     TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
                  CO


<PAGE>



                                                           SCHEDULE 13G

CUSIP No. 553111105                                        Page 6 of 10 Pages

1.       NAME OF REPORTING PERSON
                  Oppenheimer Group, Inc.

         S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON


2.       CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
                  (a) /x/
                  (b) / /

3.       SEC USE ONLY

          4.      CITIZENSHIP OR PLACE OF ORGANIZATION
                  Delaware


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:

         5.       SOLE VOTING POWER
                                     0

                   6.      SHARED VOTING POWER
                                     211,973

                   7.      SOLE DISPOSITIVE POWER
                                     0

                   8.      SHARED DISPOSITIVE POWER
                                     211,973

          9.      AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                            211,973

          10.     CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN
                  SHARES
                  (SEE INSTRUCTIONS)  / /

11.      PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                            5.9%

          12.     TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
                  CO


<PAGE>


Item 1(a)         Name of Issuer:
                  MNI Group Inc.

Item 1(b)         Address of Issuer's Principal Executive Offices:

                  10 West Forest Avenue
                  Englewood, New Jersey 07631

Item 2(a)         Name of Persons Filing:

                  WestMed Venture Partners, L.P. (the "Partnership")
                  WestMed Venture Management, L.P. (the "Managing General 
                    Partner")
                  Medical Venture Holdings, Inc. ("MVH")
                  Oppenheimer Holdings, Inc. ("OHI")
                  Oppenheimer Group, Inc. ("OGI")

Item 2(b)         Address of Principal Business Office, or, if none, Residence:

                  200 Liberty Street
                  World Financial Center
                  Oppenheimer Tower
                  New York, New York 10281

Item 2(c)         Citizenship:

                    The  information  in  Item 4 in the  cover  pages  (pages  2
                    through 6) hereof is hereby incorporated by reference.

Item 2(d)         Title of Class of Securities:

                  Common Stock, $.01 par value per share ("Common Stock")

Item 2(e)         CUSIP No.:

                  553111105

Item 3            If this statement is filed pursuant to Rules 13d-1(b),  or 
                  13d-2(b),  check whether the person filing is a:

                  This  statement  is not filed  pursuant  to Rules  13d-1(b) or
13d-2(b).

Item 4            Ownership:

                  The  information  in Items 1 and 5 through  11 in the cover 
                  pages  (pages 2 through  6) hereof is hereby incorporated by 
                  reference.

                  The  Partnership  is the  direct  beneficial  owner of 211,973
                  shares (the  "Shares") of Common Stock.  The Managing  General
                  Partner is the  managing  general  partner of the  Partnership
                  and,  subject to the supervision of the other general partners
                  of the  Partnership,  has the exclusive power and authority to
                  manage  and  control   the   Partnership's   venture   capital
                  investments.  MVH is the sole general  partner of the Managing
                  General  Partner.  MVH  is  wholly-owned  by  OHI.  OHI  is an
                  indirect wholly-owned subsidiary of OGI.

                  By virtue of the foregoing relationships, each of the Managing
                  General Partner, MVH, OHI and OGI (collectively,  the "Related
                  Persons") may be deemed to share  beneficial  ownership of the
                  Shares  with  the  Partnership.  Each of the  Related  Persons
                  disclaims  beneficial  ownership  of the  Shares for all other
                  purposes.

                  The  Partnership and the Related Persons may be deemed to be a
                  "group" within the meaning of Rule 13d-5 promulgated under the
                  Securities Exchange Act of 1934, as amended.

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:

                  Not applicable.

Item 8            Identification and Classification of Members of the Group:
                  --------------------------------------------------------- 

                  Not applicable.

Item 9            Notice of Dissolution of Group:
                  ------------------------------ 

                  Not applicable.

Item 10           Certification:

                  Not Applicable.



<PAGE>


                                   SIGNATURE

         After  reasonable  inquiry and to the best of our knowledge and belief,
the  undersigned  certify that the  information  set forth in this  statement is
true, complete and correct.


         WestMed Venture Partners, L.P.
By:      WestMed Venture Management, L.P., the
           Managing General Partner
By:      Medical Venture Holdings, Inc., the
           General Partner

         WestMed Venture Management, L.P.
By:      Medical Venture Holdings, Inc., the
           General Partner


         Medical Venture Holdings, Inc.

By:      /s/ Philippe L. Sommer
         Name:    Philippe L. Sommer
         Title:   Executive Vice President


         Oppenheimer Holdings, Inc.

By:      /s/ Robert I. Kleinberg
         Name:    Robert I. Kleinberg
         Title:   Secretary


         Oppenheimer Group, Inc.

By:      /s/ Robert I. Kleinberg
         Name:    Robert I. Kleinberg
         Title:   Secretary


Date:    February 13, 1995


<PAGE>


                      SCHEDULE 13G JOINT FILING AGREEMENT


         In accordance  with Rule 13d-1(f) under the Securities  Exchange Act of
1934, as amended, the persons named below agree to the joint filing on behalf of
each of them of a statement on Schedule 13G (including  all amendments  thereto)
with respect to the common  stock,  $.01 par value of MNI Group Inc. and further
agree that this joint filing  agreement be filed as an exhibit to their  initial
statement on Schedule  13G. In evidence  thereof,  the  undersigned,  being duly
authorized,  hereby  execute  this  joint  filing  agreement  this  13th  day of
February, 1995.


         WestMed Venture Partners, L.P.
By:      WestMed Venture Management, L.P., the
           Managing General Partner
By:      Medical Venture Holdings, Inc., the
           General Partner

         WestMed Venture Management, L.P.
By:      Medical Venture Holdings, Inc., the
           General Partner


         Medical Venture Holdings, Inc.

By:      /s/ Philippe L. Sommer
         Name:    Philippe L. Sommer
         Title:   Executive Vice President


         Oppenheimer Holdings, Inc.

By:      /s/ Robert I. Kleinberg
         Name:    Robert I. Kleinberg
         Title:   Secretary


         Oppenheimer Group, Inc.

By:      /s/ Robert I. Kleinberg
         Name:    Robert I. Kleinberg
         Title:   Secretary



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