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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
The MONY Group Inc.
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(Name of Issuer)
Common Stock, $0.01 par value
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(Title of Class of Securities)
615337102
--------------------------------------------
(CUSIP Number)
December 18, 1998
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(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 15 pages
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CUSIP NO. 615337102 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Goldman, Sachs & Co.
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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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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
3,929,886
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
3,929,886
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,929,886
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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)
7.7%
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12. TYPE OF REPORTING PERSON
BD-PN-IA
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Page 2 of 15 pages
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CUSIP NO. 615337102 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
The Goldman Sachs Group, 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
Delaware
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
3,929,886
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
3,929,886
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,929,886
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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)
7.7%
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12. TYPE OF REPORTING PERSON
HC-PN
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Page 3 of 15 pages
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CUSIP NO. 615337102 13G
- -----------------------
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GS Mezzanine Partners, 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
Delaware
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
2,239,481
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
2,239,481
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,239,481
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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)
4.5%
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12. TYPE OF REPORTING PERSON
PN
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Page 4 of 15 pages
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CUSIP NO. 615337102 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GS Mezzanine Partners Offshore, 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
Cayman Islands
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
1,202,544
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
1,202,544
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,202,544
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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)
2.5%
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12. TYPE OF REPORTING PERSON
PN
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Page 5 of 15 pages
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CUSIP NO. 615337102 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GS Mezzanine Advisors, 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
Delaware
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
2,239,481
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
2,239,481
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
2,239,481
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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)
4.5%
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12. TYPE OF REPORTING PERSON
PN
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Page 6 of 15 pages
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CUSIP NO. 615337102 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
GS Mezzanine Advisors (Cayman), 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
Cayman Islands
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
1,202,544
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
1,202,544
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,202,544
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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)
2.5%
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12. TYPE OF REPORTING PERSON
PN
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Page 7 of 15 pages
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CUSIP NO. 615337102 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Stone Street Fund 1997, 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
Delaware
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
76,589
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
76,589
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
76,589
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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)
0.2%
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12. TYPE OF REPORTING PERSON
PN
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Page 8 of 15 pages
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CUSIP NO. 615337102 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Bridge Street Fund 1997, 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
Delaware
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
37,197
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
37,197
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
37,197
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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)
0.1%
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12. TYPE OF REPORTING PERSON
PN
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Page 9 of 15 pages
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CUSIP NO. 615337102 13G
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1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Stone Street Asset Corp.
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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
Delaware
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5. SOLE VOTING POWER
NUMBER OF 0
SHARES -----------------------------------------------------------
6. SHARED VOTING POWER
BENEFICIALLY
113,786
OWNED BY
-----------------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER
REPORTING 0
PERSON -----------------------------------------------------------
8. SHARED DISPOSITIVE POWER
WITH
113,786
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
113,786
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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)
0.2%
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12. TYPE OF REPORTING PERSON
CO
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Page 10 of 15 pages
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Item 1(a). Name of Issuer:
The MONY Group Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
1740 Broadway
New York, NY 10019
Item 2(a). Name of Persons Filing:
Goldman, Sachs & Co., GS Mezzanine Partners Offshore, L.P.,
The Goldman Sachs Group, L.P., GS Mezzanine Partners, L.P.,
GS Mezzanine Advisors, L.P., GS Mezzanine Advisors (Cayman),
L.P., Stone Street Fund 1997, L.P., Bridge Street Fund 1997,
L.P. and Stone Street Asset Corp.
Item 2(b). Address of Principal Business Office or, if none, Residence:
for Goldman, Sachs & Co., The Goldman Sachs Group, L.P.,
GS Mezzanine Partners, L.P., GS Mezzanine Advisors, L.P.,
Stone Street Fund 1997, L.P., Bridge Street Fund 1997, L.P.
and Stone Street Asset Corp.:
85 Broad Street, New York, NY 10004
for GS Mezzanine Partners Offshore, L.P. and GS Mezzanine
Advisors (Cayman), L.P.:
c/o Maples and Calder, P.O. Box 309, Grand Cayman, Cayman
Islands
Item 2(c). Citizenship:
Goldman, Sachs & Co. - New York
The Goldman Sachs Group, L.P. - Delaware
GS Mezzanine Partners, L.P. - Delaware
GS Mezzanine Partners Offshore, L.P. - Cayman Islands
GS Mezzanine Advisors, L.P. - Delaware
GS Mezzanine Advisors (Cayman), L.P. - Cayman Islands
Stone Street Fund 1997, L.P. - Delaware
Bridge Street Fund 1997, L.P. - Delaware
Stone Street Asset Corp. - Delaware
Item 2(d). Title of Class of Securities:
Common Stock, $0.01 par value
Item 2(e). CUSIP Number:
615337102
Item 3. Not applicable. This Schedule 13G was filed pursuant to Rule
13d-1(c).
Page 11 of 15 pages
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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.
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.
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) Includes an aggregate of 3,555,811 shares of Common Stock issuable upon
exercise of currently exercisable Warrants held by GS Mezzanine Partners, L.P.,
GS Mezzanine Partners Offshore, L.P., Stone Street Fund 1997, L.P., and Bridge
Street Fund 1997, L.P. (and collectively, the "Investing Entities"), pursuant to
the Investment Agreement (the "Investment Agreement"), dated as of December 30,
1997, by and among The Mutual Life Insurance Company of New York, MONY Financial
Services Corporation (now known as The MONY Group Inc.) and the Investing
Entities.
(2) The Goldman Sachs Group, L.P. ("GS Group") and Goldman, Sachs & Co.
("Goldman Sachs") each disclaim beneficial ownership of the securities
beneficially owned by (i) any client accounts with respect to which Goldman
Sachs or employees of Goldman Sachs 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 12 of 15 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: December 28, 1998
GOLDMAN, SACHS & CO. THE GOLDMAN SACHS GROUP, L.P
By:/s/ Roger S. Begelman By:/s/ Roger S. Begelman
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Name: Roger S. Begelman Name: Roger S. Begelman
Title: Attorney-in-fact Title: Attorney-in-fact
GS MEZZANINE PARTNERS, L.P. GS MEZZANINE ADVISORS, L.P.
By:/s/ Roger S. Begelman By:/s/ Roger S. Begelman
- --------------------------------- ---------------------------------
Name: Roger S. Begelman Name: Roger S. Begelman
Title: Attorney-in-fact Title: Attorney-in-fact
GS MEZZANINE PARTNERS OFFSHORE, L.P. GS MEZZANINE ADVISORS (CAYMAN), L.P.
By:/s/ Roger S. Begelman By:/s/ Roger S. Begelman
- --------------------------------- ---------------------------------
Name: Roger S. Begelman Name: Roger S. Begelman
Title: Attorney-in-fact Title: Attorney-in-fact
STONE STREET FUND 1997, L.P. BRIDGE STREET FUND 1997, L.P.
By:/s/ Roger S. Begelman By:/s/ Roger S. Begelman
- --------------------------------- ---------------------------------
Name: Roger S. Begelman Name: Roger S. Begelman
Title: Attorney-in-fact Title: Attorney-in-fact
STONE STREET ASSET CORP.
By:/s/ Roger S. Begelman
- ---------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
Page 13 of 15 pages
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INDEX TO EXHIBITS
Exhibit No. Exhibit
- ----------- -------
99.1 Joint Filing Agreement, dated December 28, 1998, between
Goldman, Sachs & Co., GS Mezzanine Partners Offshore, L.P.,
The Goldman Sachs Group, L.P., GS Mezzanine Partners, L.P.,
GS Mezzanine Advisors, L.P., GS Mezzanine Advisors (Cayman),
L.P., Stone Street Fund 1997, L.P., Bridge Street Fund 1997,
L.P. and Stone Street Asset Corp.
Page 14 of 15 pages
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EXHIBIT (99.1)
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k)(1) 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
Common Stock, $0.01 par value, of The MONY Group 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: December 28, 1998
GOLDMAN, SACHS & CO. THE GOLDMAN SACHS GROUP, L.P
By:/s/ Roger S. Begelman By:/s/ Roger S. Begelman
- --------------------------------- ---------------------------------
Name: Roger S. Begelman Name: Roger S. Begelman
Title: Attorney-in-fact Title: Attorney-in-fact
GS MEZZANINE PARTNERS, L.P. GS MEZZANINE ADVISORS, L.P.
By:/s/ Roger S. Begelman By:/s/ Roger S. Begelman
- --------------------------------- ---------------------------------
Name: Roger S. Begelman Name: Roger S. Begelman
Title: Attorney-in-fact Title: Attorney-in-fact
GS MEZZANINE PARTNERS OFFSHORE, L.P. GS MEZZANINE ADVISORS (CAYMAN), L.P.
By:/s/ Roger S. Begelman By:/s/ Roger S. Begelman
- --------------------------------- ---------------------------------
Name: Roger S. Begelman Name: Roger S. Begelman
Title: Attorney-in-fact Title: Attorney-in-fact
STONE STREET FUND 1997, L.P. BRIDGE STREET FUND 1997, L.P.
By:/s/ Roger S. Begelman By:/s/ Roger S. Begelman
- --------------------------------- ---------------------------------
Name: Roger S. Begelman Name: Roger S. Begelman
Title: Attorney-in-fact Title: Attorney-in-fact
STONE STREET ASSET CORP.
By:/s/ Roger S. Begelman
- ---------------------------------
Name: Roger S. Begelman
Title: Attorney-in-fact
Page 15 of 15 pages
