GOLDMAN SACHS GROUP INC
SC 13G/A, 1999-10-27
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
Previous: FRANKLIN COVEY CO, S-3/A, 1999-10-27
Next: AMERICAN STRATEGIC INCOME PORTFOLIO INC II, N-23C3B, 1999-10-27



<PAGE>


                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                  SCHEDULE 13G
                    Under the Securities Exchange Act of 1934
                                 Amendment No. 3



              Select Appointments (Holdings) Public Limited Company
- -------------------------------------------------------------------------------
                                (Name of Issuer)



                       Ordinary Shares, 10 pence par value
- -------------------------------------------------------------------------------
                         (Title of Class of Securities)


                                    81617E203
                  --------------------------------------------
                                 (CUSIP Number)





                                October 21, 1999
- -------------------------------------------------------------------------------
             (Date of Event Which Requires Filing of this Statement)


Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

[_] Rule 13d-1(b)

[X] Rule 13d-1(c)

[_] Rule 13d-1(d)



                                Page 1 of 7 pages
<PAGE>

- -----------------------
  CUSIP No. 81617E203                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      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

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               671,166
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               671,166

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           671,166

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.6%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           BD-PN-IA

- ------------------------------------------------------------------------------



                                Page 2 of 7 pages
<PAGE>

- -----------------------
  CUSIP No. 81617E203                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      I.R.S. Identification No. of above Person

           The Goldman Sachs Group, Inc.

- ------------------------------------------------------------------------------
 2.   Check the Appropriate Box if a Member of a Group
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC Use Only



- ------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization

           Delaware

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               671,166
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               671,166

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           671,166

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.6%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           HC-CO

- ------------------------------------------------------------------------------



                                Page 3 of 7 pages
<PAGE>

- -----------------------
  CUSIP No. 81617E203                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      I.R.S. Identification No. of above Person

           Goldman Sachs Equity Securities (U.K.)

- ------------------------------------------------------------------------------
 2.   Check the Appropriate Box if a Member of a Group
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC Use Only



- ------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization

           United Kingdom

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               0
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               0

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           0

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.0%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           OO

- ------------------------------------------------------------------------------



                                Page 4 of 7 pages
<PAGE>

- -----------------------
  CUSIP No. 81617E203                   13G
- -----------------------

- ------------------------------------------------------------------------------
 1.   Name of Reporting Person
      I.R.S. Identification No. of above Person

           CIN Management

- ------------------------------------------------------------------------------
 2.   Check the Appropriate Box if a Member of a Group
                                                                (a) [_]
                                                                (b) [_]

- ------------------------------------------------------------------------------
 3.   SEC Use Only



- ------------------------------------------------------------------------------
 4.   Citizenship or Place of Organization

           United Kingdom

- ------------------------------------------------------------------------------
                     5.   Sole Voting Power

     Number of                 0

      Shares        ----------------------------------------------------------
                     6.   Shared Voting Power
   Beneficially
                               562,500
     Owned by
                    ----------------------------------------------------------
       Each          7.   Sole Dispositive Power

    Reporting                  0

      Person        ----------------------------------------------------------
                     8.   Shared Dispositive Power
       With:
                               562,500

- ------------------------------------------------------------------------------
 9.   Aggregate Amount Beneficially Owned by Each Reporting Person

           562,500

- ------------------------------------------------------------------------------
10.   Check if the Aggregate Amount in Row (9) Excludes Certain Shares

                                                                    [_]

- ------------------------------------------------------------------------------
11.   Percent of Class Represented by Amount in Row (9)

           0.5%

- ------------------------------------------------------------------------------
12.   Type of Reporting Person

           OO

- ------------------------------------------------------------------------------



                                Page 5 of 7 pages
<PAGE>

Item 4.            Ownership.(1)(2)

          (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.(1)(2)
                   If this statement is being  filed to report the  fact that as
                   of the date  hereof the reporting  persons have  ceased to be
                   the  beneficial  owners of  more  than  five  percent  of the
                   class of securities, check the following [X].

Item 10.           Certification.
                   By signing  below I certify that, to the best of my knowledge
                   and  belief,  the  securities  referred  to  above  were  not
                   acquired and  are not  held  for the  purpose of  or with the
                   effect of changing  or influencing  the control of the issuer
                   of the securities and were not acquired and are not  held  in
                   connection with or as a participant in any transaction having
                   that purpose or effect.

- --------------------------
   (1) As of May 7, 1999, The Goldman Sachs Group, L.P. was merged with and into
The  Goldman  Sachs  Group,  Inc. ("GS Group"), with  GS Group  as the surviving
entity.

   (2) GS  Group,  Goldman, Sachs & Co.  ("Goldman  Sachs")  and  CIN Management
("CINMan")  each disclaim  beneficial  ownership of the securities  beneficially
owned by (i) any client accounts with respect to which Goldman Sachs, CINMan, or
employees thereof have voting or investment discretion, or both and (ii) certain
investment  entities,  of which a subsidiary of GS Group or Goldman Sachs is the
general  partner,  managing  general  partner  or other  manager,  to the extent
interests  in such  entities  are held by persons  other than GS Group,  Goldman
Sachs or their affiliates.



                                Page 6 of 7 pages
<PAGE>



                                    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:  October 27, 1999



GOLDMAN, SACHS & CO.                      THE GOLDMAN SACHS GROUP, INC.

By:/s/ Hans L. Reich                      By:/s/ Hans L. Reich
- ---------------------------------         ---------------------------------
Name:  Hans L. Reich                      Name:  Hans L. Reich
Title: Attorney-in-fact                   Title: Attorney-in-fact



GOLDMAN SACHS EQUITY SECURITIES (U.K.)    CIN MANAGEMENT

By:/s/ Hans L. Reich                      By:/s/ Hans L. Reich
- ---------------------------------         ---------------------------------
Name:  Hans L. Reich                      Name:  Hans L. Reich
Title: Attorney-in-fact                   Title: Attorney-in-fact



                                Page 7 of 7 pages


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission