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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. ___ )*
CAPITAL TRUST, INC.
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(Name of Issuer)
COMMON STOCK
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(Title of Class of Securities)
14052H100
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(CUSIP Number)
*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 the
disclosures provided in a prior cover page.
The information required in 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).
Note: This statement is being filed to correct the statement of beneficial
ownership on Schedule 13G dated February 8, 1999 and Amendment No. 1
thereto dated February 26, 1999 filed by the reporting persons
inadvertently as relating to the securities Capital Trust (the "Trust"),
an entity related to the Issuer, and to report correctly the reporting
persons' beneficial ownership of the Issuer's securities. The reporting
persons did not at the time those statements were filed and do not as of
the date hereof own beneficially 5% or more of the Trust's securities.
Rather, the reporting persons were and are beneficial owners of the
Issuer's securities. The reporting persons have made an exit filing
relating to securities of the Trust to reflect the fact that they are not
beneficial owners of 5% or more of the securities of the Trust.
Page 1 of 8 pages
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CUSIP No. 14052H100 13G Page 2 of 8 Pages
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wanger Asset Management, L.P. 36-3820584
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 Not Applicable (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,837,300
OWNED BY
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EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,837,300
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,837,300
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
10.01%
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TYPE OF REPORTING PERSON*
12
IA
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 14052H100 13G Page 3 of 8 Pages
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Wanger Asset Management, Ltd.
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 Not Applicable (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Delaware
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SOLE VOTING POWER
5
NUMBER OF None
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
1,837,300
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING None
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
1,837,300
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,837,300
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
10.01%
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TYPE OF REPORTING PERSON*
12
CO
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*SEE INSTRUCTION BEFORE FILLING OUT!
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CUSIP No. 14052H100 13G Page 4 of 8 Pages
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NAME OF REPORTING PERSON
1 S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Acorn Investment Trust
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
2 Not Applicable (a) [_]
(b) [_]
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SEC USE ONLY
3
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CITIZENSHIP OR PLACE OF ORGANIZATION
4
Massachusetts
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SOLE VOTING POWER
5
NUMBER OF 1,375,000
SHARES -----------------------------------------------------------
SHARED VOTING POWER
BENEFICIALLY 6
OWNED BY
-----------------------------------------------------------
EACH SOLE DISPOSITIVE POWER
7
REPORTING 1,375,000
PERSON -----------------------------------------------------------
SHARED DISPOSITIVE POWER
WITH 8
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9
1,375,000
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CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
10
Not Applicable [_]
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
11
7.49%
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TYPE OF REPORTING PERSON*
12
IV
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*SEE INSTRUCTION BEFORE FILLING OUT!
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Item 1(a) Name of Issuer:
Capital Trust, Inc.
Item 1(b) Address of Issuer's Principal Executive Offices:
605 Third Avenue, 26th Floor
New York, NY 10016
Item 2(a) Name of Person Filing:
Wanger Asset Management, L.P. ("WAM")
Wanger Asset Management Ltd., the general partner of WAM ("WAM LTD.")
Acorn Investment Trust ("Acorn")
Item 2(b) Address of Principal Business Office:
WAM, WAM LTD. and Acorn are all located at:
227 West Monroe Street, Suite 3000
Chicago, Illinois 60606
Item 2(c) Citizenship:
WAM is a Delaware limited partnership.
WAM LTD. is a Delaware corporation.
Acorn is a Massachusetts business trust.
Item 2(d) Title of Class of Securities:
Common Stock
Item 2(e) CUSIP Number:
14052H100
Item 3 Type of Person:
(d) Acorn is an Investment Company registered under section
8 of the Investment Company Act of 1940.
(e) WAM is an Investment Adviser registered under section
203 of the Investment Advisers Act of 1940; WAM LTD. is the
General Partner of the Investment Adviser.
Page 5 of 8 pages
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Item 4 Ownership (at May 31, 1999):
(a) Amount owned "beneficially" within the meaning of rule 13d-3:
1,837,300 shares
(b) Percent of class:
10.01%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote: none
(ii) shared power to vote or to direct the vote: 1,837,300
(iii) sole power to dispose or to direct the disposition of:
none
(iv) shared power to dispose or to direct disposition of:
1,837,300
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:
The shares reported herein have been acquired on behalf of
discretionary clients of WAM, including Acorn. Persons other than
WAM and WAM LTD. are entitled to receive all dividends from, and
proceeds from the sale of, those shares. Acorn is the only such
person known to be entitled to receive all dividends from, and
all proceeds from the sale of, shares reported herein to the
extent more than 5% of the class.
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
Page 6 of 8 pages
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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 8 pages
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Signature
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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: June 8, 1999
The undersigned corporation, on the date above written, agrees
and consents to the joint filing on its behalf of this Schedule
13G in connection with its beneficial ownership of the security
reported herein.
WANGER ASSET MANAGEMENT, LTD.
for itself and as general partner of
WANGER ASSET MANAGEMENT, L.P.
By: /s/ Bruce H. Lauer
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Bruce H. Lauer
Vice President
The undersigned, on the date above written, agrees and consents
to the joint filing on its behalf of this Schedule 13G in
connection with its beneficial ownership of the security reported
herein.
ACORN INVESTMENT TRUST
By: /s/ Bruce H. Lauer
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Bruce H. Lauer
Vice President and Treasurer
Page 8 of 8 pages