<PAGE>
FORM 13F
..........................
OMB Approval
..........................
OMB Number: 3235-0006
Expires: October 31, 2000
Estimated average
burden hours per
response: 24.7
..........................
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Form 13F COVER PAGE
Report for the Calendar Year of Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.):
[ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Farallon Capital Management, L.L.C.
One Maritime Plaza
Suite 1325
San Francisco, California 94111
Form 13F File Number: 28-3896
The institutional investment manager filing this report and the person by
whom it is signed hereby represent that the person signing the report is
authorized to submit it, that all information contained herein is true, correct
and complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Meridee Moore
Managing Member
(415) 421-2132
/s/ Meridee Moore
San Francisco, California
May 14, 1999
Report Type:
13F HOLDINGS REPORT
Page 1 of 4 Pages
<PAGE>
Form 13F Summary Page
Report Summary:
Number of Other Included Managers:
1
Form 13F Information Table Entry Total:
71
Form 13F Information Table Value Total:
$978,130 (thousands)
**Certain risk arbitrage positions have been omitted from the Reporting
Manager's Form 13F and filed separately with the Commission in accordance with
the Instructions to Form 13F and Rule 24b-2 of the Exchange Act Rules.**
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of
all institutional investment managers with respect to which this report is
filed, other than the manager filing this report.
No. 1
Form 13F File Number: 28-6372
Name: Farallon Partners, L.L.C.
Page 2 of 4 Pages
<PAGE>
<TABLE>
<CAPTION>
FORM 13 F INFORMATION TABLE
Column 1 Column 2 Column 3 Column 4 Column 5 Column 6 Column 7 Column 8
-------- -------- -------- -------- -------- -------- -------- --------
Name of Issuer Title of CUSIP Value Shrs or Prn SH/PRN Put/Call Investment Other Voting Authority
Class (x$1000) Amt Discretion Managers Sole Shared None
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Allergan Specialty CL A 018494104 9,108 952,521 SH Defined 1 952,521
Therap
Alza Corp Del COM 022615108 8,550 223,520 SH Defined 1 223,520
America Online Inc COM 02364J104 19,737 135,188 SH Defined 1 135,188
Del
AMP Inc COM 031897101 108,459 2,020,199 SH Defined 1 2,020,199
Amphenol Corp New CL A 032095101 15,453 403,988 SH Defined 1 403,988
Anacomp Inc Del COM 032371106 3,710 230,070 SH Defined 1 230,070
Astra AB SPONSOR 046298105 8,529 365,000 SH Defined 1 365,000
ADR A
AT&T Corp COM 001957109 55,354 693,553 SH Defined 1 693,553
Axogen Ltd COM G0690R108 23,366 750,700 SH Defined 1 750,700
Bandag Inc COM 059815100 2,770 98,500 SH Defined 1 98,500
British Amern Tob SPONSORED 110448107 1,788 100,000 SH Defined 1 100,000
Plc ADR
Brylane Inc COM 117661108 2,619 108,000 SH Defined 1 108,000
California Fed Bk CONT LITIG 130209604 693 63,000 SH Defined 1 63,000
FSB Los Angl REC
Capital Pac Hdgs COM 14040M104 2,810 7,024,627 SH Defined 1 7,024,627
Inc
Chicago Title Corp COM 168228104 2,561 70,400 SH Defined 1 70,400
City Investing Co UNIT BEN 177900107 14,866 11,463,129 SH Defined 1 11,463,129
Liq Tr INT
Clinichem Dev Inc CL A 186906103 1,705 267,500 SH Defined 1 267,500
Coast Federal RT 19034Q110 1,020 179,400 SH Defined 1 179,400
Litigation Tr
Consorcio G Grupo SUB DB CONV 210306AB2 16,690 37,193,000 PRN Defined 1 37,193,000
Dina S A CV 8%04
Crescendo CL A 225637107 16,563 1,137,345 SH Defined 1 1,137,345
Pharmaceuticals Corp
Cypress SUB NT CV 232806AB5 26,028 29,000,000 PRN Defined 1 29,000,000
Semiconductor Corp 144A02
Cypress SUB NT CONV 232806AD1 2,244 2,500,000 PRN Defined 1 2,500,000
Semiconductor Corp 6%02
Eagle Hardware & COM 26959B101 24,314 636,700 SH Defined 1 636,700
Garden Inc
El Paso Elec Co COM NEW 283677854 2,837 372,100 SH Defined 1 372,100
Elan Plc WT EXP 284131703 27,809 650,500 SH Defined 1 650,500
123101
Enersis S A SPONSORED 29274F104 21,390 797,775 SH Defined 1 797,775
ADR
Envoy Corp New COM 293982104 45,418 1,017,879 SH Defined 1 1,017,879
Federated Dept COM 31410H101 225 5,611 SH Defined 1 5,611
Stores Inc Del
First Wash Rlty Tr COM 337489504 5,197 242,446 SH Defined 1 242,446
Inc
First Wash Rlty Tr PFD A CV 337489603 11,915 439,246 SH Defined 1 439,246
Inc 9.75%
Fisher Scientific COM NEW 338032204 18,350 1,056,140 SH Defined 1 1,056,140
Intl Inc
General COM 370787103 5,128 707,300 SH Defined 1 707,300
Semiconductor Inc
Golden St Bancorp WT EXP 381197136 3,547 732,320 SH Defined 1 732,320
Inc 000000
Golden St Bancorp COM 381197102 21,923 985,320 SH Defined 1 985,320
Inc
Healthcare Financial COM 42219W108 8,365 320,200 SH Defined 1 320,200
Partners
Integrated Device SUB NT CV 458118AA4 631 915,000 PRN Defined 1 915,000
Technology 5.5%02
Intelligent Polymers UNIT EX 45815V200 12,857 465,400 SH Defined 1 465,400
Ltd 093000
International ORD 458978103 13,721 1,742,300 SH Defined 1 1,742,300
Comfort Prods Cp
Isle of Capris COM 464592104 225 50,000 SH Defined 1 50,000
Casinos Inc
Jacor Communications CL A 469858401 81,552 1,073,940 SH Defined 1 1,073,940
Inc
Kaynar Technologies COM 486605108 5,816 207,700 SH Defined 1 207,700
Koger Equity Inc COM 500228101 7,778 578,800 SH Defined 1 578,800
Korn Ferry Intl COM NEW 500643200 1,509 115,000 SH Defined 1 115,000
Page 3 of 4 Pages
</TABLE>
<PAGE>
<TABLE>
<CAPTION>
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
Ladish Inc COM NEW 505754200 619 90,100 SH Defined 1 90,100
Lam Resh Corp SB NT CV 512807AB4 31,960 37,600,000 PRN Defined 1 37,600,000
144A 02
Ligand CL B 53220K207 7,712 941,898 SH Defined 1 941,898
Pharmaceuticals Inc
LucasVarity Plc SPONSORED 549395101 6,707 144,500 SH Defined 1 144,500
ADR
MacMillan Bloedel COM 554783209 10,873 983,800 SH Defined 1 983,800
Ltd
MCI Worldcom Inc COM 55268B106 4,830 54,572 SH Defined 1 54,572
Midas Group Inc COM 595626102 4,873 146,000 SH Defined 1 146,000
Momentum Business CL A 60877P108 3,819 436,500 SH Defined 1 436,500
Apps Inc
Nab Asset Corp COM PAR 628712200 319 283,832 SH Defined 1 283,832
$0.10
Nielsen Media Resh COM NEW 653929307 23,011 932,098 SH Defined 1 932,098
Inc
Northwestern Stl & COM NEW 668367204 762 738,700 SH Defined 1 738,700
Wire Co
Pharmaceutical COM 717123103 2,828 191,700 SH Defined 1 191,700
Marketing Svcs
Quintiles COM 748767100 1,451 38,700 SH Defined 1 38,700
Transnational Corp
RJR Nabisco Holdings COM NEW 74960K876 1,650 66,000 SH Defined 1 66,000
Corp
Rohn Inds Inc COM 775381106 905 408,000 SH Defined 1 408,000
Santa Isabel S A SPONSORED 802233106 433 49,467 SH Defined 1 49,467
ADR
Sealed Air Corp New PFD CV 81211K209 45,961 928,506 SH Defined 1 928,506
A $2
Solutia Inc COM 834376105 6,210 357,400 SH Defined 1 357,400
Spiros Dev Corp II UNIT EX 848935201 9,667 1,120,800 SH Defined 1 1,120,800
Inc / Dura 123102
Telephone & Data Sys COM 879433100 14,381 255,100 SH Defined 1 255,100
Inc
TIG Hldgs Inc COM 872469101 16,370 1,003,500 SH Defined 1 1,003,500
Union Camp Corp COM 905530101 336 5,000 SH Defined 1 5,000
United States Filter COM NEW 911843209 26,932 879,400 SH Defined 1 879,400
Corp New
United Stationers COM 913004107 24,521 1,634,700 SH Defined 1 1,634,700
Inc
Usec Inc COM 90333E108 2,711 199,000 SH Defined 1 199,000
Vesta Ins Group Inc COM 925391104 1,110 214,000 SH Defined 1 214,000
Xylan Corp COM 984151100 31,622 859,000 SH Defined 1 859,000
YPF Sociedad Anonima SPON ADR 984245100 30,426 964,000 SH Defined 1 964,000
CL D
Page 4 of 4 Pages
</TABLE>
