GOLDMAN SACHS GROUP INC
3, 2000-07-03
SECURITY BROKERS, DEALERS & FLOTATION COMPANIES
Previous: ARROW INTERNATIONAL INC, 4, 2000-07-03
Next: OMEGA HEALTHCARE INVESTORS INC, DEF 14A, 2000-07-03



<PAGE>

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

                                     FORM 3

            INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

    Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934,
       Section 17(a) of the Public Utility Holding Company Act of 1935 or
               Section 30(f) of the Investment Company Act of 1940


================================================================================
1. Name and Address of Reporting Person*

    The Goldman Sachs Group, Inc.
--------------------------------------------------------------------------------
   (Last)               (First)                 (Middle)

    85 Broad Street
--------------------------------------------------------------------------------
                                    (Street)

    New York,                        NY                            10004
--------------------------------------------------------------------------------
   (City)                           (State)                       (Zip)


================================================================================
2. Date of Event Requiring Statement (Month/Day/Year)

    June 23, 2000
================================================================================
3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)


================================================================================
4. Issuer Name and Ticker or Trading Symbol


================================================================================
5. Relationship of Reporting Person(s) to Issuer
   (Check all applicable)

   [   ]   Director                             [ X ]   10% Owner
   [   ]   Officer (give title below)           [   ]   Other (specify below)



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

================================================================================
6. If Amendment, Date of Original (Month/Year)


================================================================================
7. Individual or Joint/Group Filing  (Check applicable line)

   [   ] Form Filed by One Reporting Person
   [ X ] Form Filed by More than One Reporting Person

================================================================================
<PAGE>
<TABLE>
<CAPTION>
====================================================================================================================================
                                Table I -- Non-Derivative Securities Beneficially Owned                                            |
====================================================================================================================================
                              |                                |                     |                                             |
                              |                                |                     |                                             |
                              |                                | 3. Ownership Form:  |                                             |
                              |       2. Amount of Securities  |    Direct (D) or    |                                             |
1. Title of Security          |          Beneficially Owned    |    Indirect (I)     | 4. Nature of Indirect Beneficial Ownership  |
   (Instr. 4)                 |          (Instr. 4)            |    (Instr. 5)       |    (Instr.5)                                |
------------------------------------------------------------------------------------------------------------------------------------
<S>                           <C>                              <C>                   <C>
                              |                                |                     |                                             |
Common Stock                  |             01                 |          01         |                    01                       |
====================================================================================================================================
</TABLE>
Reminder: Report on a separate line for each class of securities beneficially
          owned directly or indirectly.
*If the form is filed by more than one  Reporting  Person,  see  Instruction
 5(b)(v).


FORM 3 (continued)
<TABLE>
<CAPTION>

====================================================================================================================================
                                  Table II -- Derivative Securities Beneficially Owned                                             |
                             (e.g., puts, calls, warrants, options, convertible securities)                                        |
====================================================================================================================================
                        |                       |                                      |              |               |            |
                        |                       |                                      |              | 5. Owner-     |            |
                        |                       |   3. Title and Amount of Securities  |              |    ship       |            |
                        |                       |      Underlying Derivative Security  |              |    Form of    |            |
                        |2. Date Exercisable    |      (Instr. 4)                      |              |    Derivative |            |
                        |   and Expiration Date |   ---------------------------------  | 4. Conver-   |    Security:  |            |
                        |   (Month/Day/Year)    |                       |  Amount      |    sion or   |    Direct     |6.Nature of |
                        |---------------------- |                       |  or          |    Exercise  |    (D) or     |  Indirect  |
                        |Date      |Expira-     |                       |  Number      |    Price of  |    Indirect   |  Beneficial|
1. Title of Derivative  |Exer-     |tion        |                       |  of          |    Derivative|    (I)        |  Ownership |
   Security (Instr. 4)  |cisable   |Date        |   Title               |  Shares      |    Security  |    (Instr.5)  |  (Instr. 5)|
------------------------------------------------------------------------------------------------------------------------------------
<S>                     <C>        <C>          <C>                     <C>            <C>            <C>             <C>
                        |          |            |                       |              |              |               |            |
                        |          |            |                       |              |              |               |            |
====================================================================================================================================
</TABLE>
Instruction 5(b)(v) list of other Reporting Persons:

This  statement is being filed by GS Capital  Partners  III,  L.P.  ("GS Capital
III"),  GS Capital  Partners III  Offshore,  L.P.  ("GS  Offshore"),  GS Capital
Partners III Germany Civil Law Partnership ("GS Germany"), Whitehall Street Real
Estate  Limited  Partnership  XI  ("Whitehall XI " and, along with various other
investment  partnerships  affiliated  with Goldman,  Sachs & Co. and The Goldman
Sachs Group,  Inc.,  "Whitehall" and,  together with GS Capital III, GS Offshore
and GS  Germany,  the  "Limited  Partnerships"),  WH  Advisors,  L.L.C.  XI ("WH
Advisors"),  GS Advisors III, L.L.C. ("GS Advisors"),  Goldman,  Sachs & Co. oHG
("GS oHG"), Goldman, Sachs & Co. ("Goldman Sachs"), and The Goldman Sachs Group,
Inc.  ("GS Group" and,  together  with GS Capital III, GS Offshore,  GS Germany,
Goldman Sachs, GS Advisors and GS oHG, the "Reporting  Persons").  The principal
business  address of each of GS  Capital  III,  GS  Advisors,  Whitehall  XI, WH
Advisors,  Goldman  Sachs and GS Group is 85 Broad Street,  New York,  New York,
10004.  The principal  business address of GS Offshore is c/o Maples and Calder,
P.O. Box 309, Grand Cayman,  Cayman Islands.  The principal  business address of
each of GS Germany and GS oHG is MesseTurm, 60308 Frankfurt am Main, Germany.

Explanation of Responses:

01:  Goldman Sachs may be deemed to own  beneficially  and directly and GS Group
may be deemed to own  beneficially  and  indirectly  500 shares of Common Stock.
Goldman Sachs and GS Group may be deemed to own  beneficially  and indirectly in
the aggregate 4,065,946 shares of Common Stock through the Limited Partnerships.
Goldman  Sachs and GS Group are the  general  partner  or  managing  partner  of
certain of the Limited Partnerships.  Goldman Sachs is the investment manager of
GS Capital  III,  GS  Offshore  and GS  Germany.  Goldman  Sachs is an  indirect
wholly-owned  subsidiary  of GS Group.  Goldman Sachs and GS Group each disclaim
beneficial  ownership of the securities owned by the Limited Partnerships except
to the extent of their pecuniary interest therein. The Reporting Persons,  other
than Goldman Sachs and GS Group, disclaim beneficial ownership of the securities
owned by Goldman Sachs.

GS Capital III may be deemed to own  beneficially  and  directly and its general
partner, GS Advisors, may be deemed to own beneficially and indirectly 1,319,897
shares of Common  Stock.  GS  Advisors  disclaims  beneficial  ownership  of the
securities  reported  herein  except  to the  extent of its  pecuniary  interest
therein.

GS  Offshore  may be deemed to own  beneficially  and  directly  and its general
partner,  GS Advisors,  may be deemed to own beneficially and indirectly 362,792
shares of Common  Stock.  GS  Advisors  disclaims  beneficial  ownership  of the
securities  reported  herein  except  to the  extent of its  pecuniary  interest
therein.

GS Germany  may be deemed to own  beneficially  and  directly  and its  managing
partner,  GS oHG, may be deemed to own beneficially and indirectly 60,964 shares
of  Common  Stock.  GS oHG  disclaims  beneficial  ownership  of the  securities
reported herein except to the extent of its pecuniary interest therein.

Whitehall  XI may be deemed to own  beneficially  and  directly  and its general
partner, WH Advisors, may be deemed to own beneficially and indirectly 1,743,653
shares of Common  Stock.  WH  Advisors  disclaims  beneficial  ownership  of the
securities  reported  herein  except  to the  extent of its  pecuniary  interest
therein.

**Signatures:

GOLDMAN, SACHS & CO.


By:  s/ Roger S. Begelman
     ----------------------------
     Name:     Roger S. Begelman
     Title:    Attorney-in-fact


THE GOLDMAN SACHS GROUP, INC.


By:  s/ Roger S. Begelman
     ----------------------------
     Name:     Roger S. Begelman
     Title:    Attorney-in-fact


GS CAPITAL PARTNERS III, L.P.


By:  s/ Roger S. Begelman
     ----------------------------
     Name:     Roger S. Begelman
     Title:    Attorney-in-fact


GS CAPITAL PARTNERS III OFFSHORE, L.P.


By:  s/ Roger S. Begelman
     ----------------------------
     Name:     Roger S. Begelman
     Title:    Attorney-in-fact


GS CAPITAL PARTNERS III GERMANY CIVIL LAW PARTNERSHIP
(with limitation of liability)


By:  s/ Roger S. Begelman
     ----------------------------
     Name:     Roger S. Begelman
     Title:    Attorney-in-fact


GS ADVISORS III, L.L.C.


By:  s/ Roger S. Begelman
     ----------------------------
     Name:     Roger S. Begelman
     Title:    Attorney-in-fact


GOLDMAN, SACHS & CO. oHG


By:  s/ Roger S. Begelman
     ----------------------------
     Name:     Roger S. Begelman
     Title:    Attorney-in-fact


WHITEHALL STREET REAL ESTATE LIMITED PARTNERSHIP XI


By:  s/ Roger S. Begelman
     ----------------------------
     Name:     Roger S. Begelman
     Title:    Attorney-in-fact


WH ADVISORS, L.L.C. XI


By:  s/ Roger S. Begelman
     ----------------------------
     Name:     Roger S. Begelman
     Title:    Attorney-in-fact


Date:     July 3, 2000



**   Intentional misstatements or omissions of facts constitute Federal Criminal
     Violations.

     See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note:  File three copies of this Form, one of which must be manually signed.
       If space provided is insufficient, See Instruction 6 for procedure.

       Alternatively,   this  form  is  permitted  to  be  submitted  to  the
       Commission in electronic format at the option of the reporting person
       pursuant to Rule 101(b)(4) of Regulation S-T.

<PAGE>



                                POWER OF ATTORNEY



This power of attorney will expire December 31, 2000.

KNOW ALL PERSONS BY THESE  PRESENTS  that GOLDMAN,  SACHS & CO. (the  "Company")
does hereby  make,  constitute  and  appoint  each of Hans L. Reich and Roger S.
Begelman,  acting  individually,  its true and lawful  attorney,  to execute and
deliver in its name and on its behalf whether the Company is acting individually
or as representative  of others,  any and all filings required to be made by the
Company  under the  Securities  Exchange  Act of 1934,  as  amended,  giving and
granting  unto each said  attorney-in-fact  power  and  authority  to act in the
premises as fully and to all intents and purposes as the Company  might or could
do if personally present by one of its authorized signatories,  hereby ratifying
and confirming all that said  attorney-in-fact  shall lawfully do or cause to be
done by virtue hereof.

IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
December 21, 1998.


GOLDMAN, SACHS  & CO.

By:  THE GOLDMAN, SACHS & CO. L.L.C.



By:  s/ Robert J. Katz
     ---------------------
     ROBERT J. KATZ, Executive Vice President

<PAGE>


                                POWER OF ATTORNEY



This power of attorney will expire May 31, 2001.

KNOW ALL PERSONS BY THESE  PRESENTS  that THE GOLDMAN  SACHS  GROUP,  INC.  (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.

IN WITNESS WHEREOF, the undersigned has duly subscribed these presents as of May
7, 1999.


THE GOLDMAN SACHS GROUP, INC.



By:  s/ Robert J. Katz
     ---------------------
     ROBERT J. KATZ, Executive Vice President and General Counsel

<PAGE>

                                POWER OF ATTORNEY



KNOW ALL PERSONS BY THESE  PRESENTS  that GS CAPITAL  PARTNERS  III,  L.P.  (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.

THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of  attorney  has been  hereby  granted  ceases to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 31, 2000


GS CAPITAL PARTNERS III, L.P.

By: GS ADVISORS III, L.L.C.



By:      s/ Kaca B. Enquist
         ----------------------------
         KACA B. ENQUIST, Vice President

<PAGE>



                                POWER OF ATTORNEY



KNOW ALL PERSONS BY THESE PRESENTS that GS CAPITAL  PARTNERS III OFFSHORE,  L.P.
(the "Company")  does hereby make,  constitute and appoint each of Hans L. Reich
and Roger S. Begelman,  acting  individually,  its true and lawful attorney,  to
execute and deliver in its name and on its behalf  whether the Company is acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.

THIS  POWER OF  ATTORNEY  shall  remain in full force and  effect  until  either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of  attorney  has been  hereby  granted  ceases to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

IN WITNESS  WHEREOF,  the undersigned  has duly subscribed  these presents as of
January 31, 2000.


GS CAPITAL PARTNERS III OFFSHORE, L.P.

By: GS ADVISORS III, L.L.C.



By:      s/ Kaca B. Enquist
         --------------------------
         KACA B. ENQUIST, Vice President

<PAGE>


                                POWER OF ATTORNEY


KNOW ALL PERSONS BY THESE  PRESENTS  that GS CAPITAL  PARTNERS III GERMANY CIVIL
LAW PARTNERSHIP (the "Company") does hereby make, constitute and appoint each of
Hans L. Reich and Roger S. Begelman,  acting  individually,  its true and lawful
attorney,  to execute  and  deliver in its name and on its  behalf  whether  the
Company is acting  individually  or as  representative  of  others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, as amended,  giving and granting unto each said attorney-in-fact power and
authority to act in the premises as fully and to all intents and purposes as the
Company  might  or  could  do if  personally  present  by one of its  authorized
signatories,  hereby  ratifying and  confirming  all that said  attorney-in-fact
shall lawfully do or cause to be done by virtue hereof.

     THIS POWER OF ATTORNEY  shall remain in full force and  effect until either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of attorney  has been  hereby granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

     IN WITNESS WHEREOF,  the undersigned has duly subscribed  these presents as
of October 7, 1999.


GS CAPITAL PARTNERS III GERMANY CIVIL LAW PARTNERSHIP

By: Goldman, Sachs & Co. oHG
By: Goldman, Sachs & Co. Finanz GmbH


By:    s/ Andreas Kornlein
---------------------------------
Name:  Andreas Kornlein
Title: Executive Director


By:    s/ Sabine Mock
---------------------------------
Name:  Sabine Mock
Title: Executive Director

<PAGE>


                                POWER OF ATTORNEY


     KNOW  ALL  PERSONS  BY  THESE  PRESENTS  that  GS ADVISORS III, L.L.C. (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.

     THIS POWER OF ATTORNEY  shall remain in full force and  effect until either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of attorney  has been  hereby granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

     IN WITNESS WHEREOF,  the undersigned has duly subscribed  these presents as
of January 21, 2000.


GS ADVISORS III, L.L.C.


By:    s/ Kaca B. Enquist
---------------------------------
Name:  Kaca B. Enquist
Title: Vice President

<PAGE>


                                POWER OF ATTORNEY


     KNOW ALL PERSONS BY THESE  PRESENTS  that  GOLDMAN,  SACHS & CO. oHG,  (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.

     THIS POWER OF ATTORNEY  shall remain in full force and  effect until either
revoked  in  writing  by the  undersigned  or until  such time as the  person or
persons  to whom  power of attorney  has been  hereby granted  cease(s) to be an
employee of The Goldman Sachs Group, Inc. or one of its affiliates.

     IN WITNESS WHEREOF,  the undersigned has duly subscribed  these presents as
of March 28, 2000.


GOLDMAN, SACHS & CO. oHG


By:/s/ Andreas Koernlein                By:/s/ Sabine Mock
---------------------------------       ---------------------------------
Name:  Andreas Koernlein                Name:  Sabine Mock
Title: Executive Director               Title: Executive Director

<PAGE>


                               POWER OF ATTORNEY


     This power of attorney will expire on February 31, 2001.

     KNOW  ALL  PERSONS  BY  THESE  PRESENTS  that  WHITEHALL STREET REAL ESTATE
LIMITED PARTNERSHIP XI (the "Company") does hereby make,  constitute and appoint
each of Hans L. Reich and Roger S. Begelman,  acting individually,  its true and
lawful  attorney,  to execute and deliver in its name and on its behalf  whether
the Company is acting  individually or as representative of others,  any and all
filings required to be made by the Company under the Securities  Exchange Act of
1934, as amended,  giving and granting unto each said attorney-in-fact power and
authority to act in the premises as fully and to all intents and purposes as the
Company  might  or  could  do if  personally  present  by one of its  authorized
signatories,  hereby  ratifying and  confirming  all that said  attorney-in-fact
shall lawfully do or cause to be done by virtue hereof.

     IN WITNESS WHEREOF,  the undersigned has duly subscribed  these presents as
of February 3, 1999.


WHITEHALL STREET REAL ESTATE LIMITED PARTNERSHIP XI

By: WH Advisors, L.L.C. XI


By:  s/ Edward M. Siskind
     ---------------------------------
     Edward M. Siskind, Vice President


<PAGE>





                               POWER OF ATTORNEY


     This power of attorney will expire on February 31, 2001.

     KNOW  ALL  PERSONS  BY  THESE  PRESENTS  that  WH  ADVISORS, L.L.C. XI (the
"Company")  does hereby make,  constitute  and appoint each of Hans L. Reich and
Roger S. Begelman, acting individually, its true and lawful attorney, to execute
and  deliver  in its  name and on its  behalf  whether  the  Company  is  acting
individually or as representative of others,  any and all filings required to be
made by the  Company  under the  Securities  Exchange  Act of 1934,  as amended,
giving and granting unto each said  attorney-in-fact  power and authority to act
in the premises as fully and to all intents and purposes as the Company might or
could do if  personally  present by one of its  authorized  signatories,  hereby
ratifying and  confirming  all that said  attorney-in-fact  shall lawfully do or
cause to be done by virtue hereof.

     IN WITNESS WHEREOF,  the undersigned has duly subscribed  these presents as
of February 3, 1999.


WH ADVISORS, L.L.C. XI


By:/s/ Edward M. Siskind
---------------------------------
Name:  Edward M. Siskind
Title: Vice President







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