<PAGE>
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 2)*
MONACO COACH CORPORATION
----------------------------------------
(NAME OF ISSUER)
COMMON STOCK
----------------------------------------
(TITLE OF CLASS OF SECURITIES)
60886R-10-3
----------------------------------------
(CUSIP NUMBER)
*The remainder of this cover page shall be filled out for a reporting
person's initial filing of 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).
Page 1 of 12 Pages
<PAGE>
CUSIP NO. 60886R-10-3 13G PAGE 2 OF 12 PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Liberty Partners Holdings 2, L.L.C.
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA - DE
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
660,214
--------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY 0
OWNED BY EACH --------------------------------------------------
REPORTING PERSON 7 SOLE DISPOSITIVE POWER
WITH
660,214
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
660,214
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.01%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
Limited Liability Company
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 60886R-10-3 13G PAGE 3 OF 12 PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Liberty Investments 5, Inc.
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA - DE
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY 0
OWNED BY EACH --------------------------------------------------
REPORTING PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
660,214
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.01%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
CO
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 60886R-10-3 13G PAGE 4 OF 12 PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Liberty Investment Partners II
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA - DE
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY 0
OWNED BY EACH --------------------------------------------------
REPORTING PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
660,214
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.01%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 60886R-10-3 13G PAGE 5 OF 12 PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Peter E. Bennett
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY 0
OWNED BY EACH --------------------------------------------------
REPORTING PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
660,214
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.01%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 60886R-10-3 13G PAGE 6 OF 12 PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Michael J. Kluger
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
1,000
--------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY 0
OWNED BY EACH --------------------------------------------------
REPORTING PERSON 7 SOLE DISPOSITIVE POWER
WITH
1,000
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
661,214
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.01%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 60886R-10-3 13G PAGE 7 OF 12 PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Carl E. Ring, Jr.
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY 0
OWNED BY EACH --------------------------------------------------
REPORTING PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
660,214
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.01%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
CUSIP NO. 60886R-10-3 13G PAGE 8 OF 12 PAGES
- -------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
Paul J. Huston
- -------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) / /
(b) /X/
- -------------------------------------------------------------------------------
3 SEC USE ONLY
- -------------------------------------------------------------------------------
4 CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- -------------------------------------------------------------------------------
5 SOLE VOTING POWER
0
--------------------------------------------------
6 SHARED VOTING POWER
NUMBER OF SHARES
BENEFICIALLY 0
OWNED BY EACH --------------------------------------------------
REPORTING PERSON 7 SOLE DISPOSITIVE POWER
WITH
0
--------------------------------------------------
8 SHARED DISPOSITIVE POWER
0
- -------------------------------------------------------------------------------
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
660,214
- -------------------------------------------------------------------------------
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
- -------------------------------------------------------------------------------
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.01%
- -------------------------------------------------------------------------------
12 TYPE OF REPORTING PERSON*
IN
- -------------------------------------------------------------------------------
*SEE INSTRUCTION BEFORE FILLING OUT!
<PAGE>
ITEM 1. NAME OF AND ADDRESS OF ISSUER.
Monaco Coach Corporation
91320 Coburg Industrial Way
Coburg, Oregon 97408
ITEMS 2(a)-(c). NAME, ADDRESS AND CITIZENSHIP OF PERSONS FILING.
This Statement is filed by:
Liberty Partners Holdings 2, L.L.C. ("LCC");
Liberty Partners, L.P. ("LP"), Manager of LLC;
Liberty Investment Partners II ("LIP") , non-voting member of LLC;
Liberty Investments 5, Inc. ("LP5"), non-voting member of LLC;
Liberty Capital Partners, Inc. ("LCP"), LP's general partner;
and Carl E. Ring ("Ring"), Peter E. Bennett ("Bennett"), Paul J.
Huston ("Huston") and Michael J. Kluger ("Kluger"), who are directors
and stockholders of LCP and beneficial owners of LIP (collectively,
the "Stockholders").
The business address of LCC, LP, LCP, LIP and the Stockholders is 1177
Avenue of the Americas, New York, New York 10036. LP and LIP are Delaware
limited partnerships; LCP and LC5 are Delaware corporations; LLC is a
Delaware limited liability company; and Ring, Bennett, Huston and Kluger are
U.S. citizens.
LLC, LP, LP5, LCP, LIP and the Managers are individually referred to
herein as "Reporting Person" and collectively as the "Reporting Persons."
ITEMS 2(d) AND (e). TITLE OF CLASS OF SECURITIES AND CUSIP NUMBER.
Common Stock, CUSIP # 60886R-10-3
ITEM 3. NOT APPLICABLE.
ITEM 4. OWNERSHIP.
Of the shares that are the subject matter of this filing six hundred
and sixty thousand two hundred and fourteen shares (660,214) of Common Stock are
held of record by the State Board of Administration of Florida ("SBA"). LCP is
the general partner of LP, who has sole voting and investment power over these
shares.
(a) See Row 9 for the amount beneficially owned by each Reporting Person.
(b) See Row 11 for the percentage of class beneficially owned by each
Reporting Person.
(c) See Rows 5-8 for the voting and disposition power of each Reporting
Person.
-9-
<PAGE>
ITEM 5. NOT APPLICABLE.
ITEM 6. NOT APPLICABLE.
ITEM 7. NOT APPLICABLE.
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF A GROUP.
The Reporting Persons may be deemed to be a "group" for the purposes of
Section 13(g) of the Act and the rules thereunder, although each expressly
disclaims any assertion or presumption that it or the other person on whose
behalf this statement is filed constitute a "group." The filing of this
statement should not be construed to be an admission that any of the
Reporting Persons is a member of a "group" consisting of one or more of such
persons. A copy of the Agreement Relating to Joint Filing of Schedule 13(G)
is attached hereto as Exhibit A.
ITEM 9. NOT APPLICABLE.
-10-
<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.
Dated: 12/12/98
-----------------
/s/ Peter E. Bennett
_____________________________________________
Peter E. Bennett, individually, and on behalf
of LCP in his capacity as an officer thereof
which is the general partner of LP, which is
Manager of LLC, and as an officer of LP5 and
on behalf of LIP in his capacity as a
general partner thereof.
/s/ Paul J. Huston
_____________________________________________
Paul J. Huston, individually, and on behalf
of LCP in his capacity as an officer thereof
which is the general partner of LP, which is
Manager of LLC, and as an officer of LP5 and
on behalf of LIP in his capacity as a
general partner thereof.
/s/ Michael J. Kluger
_____________________________________________
Michael J. Kluger, individually, and on
behalf of LCP in his capacity as an officer
thereof which is the general partner of LP,
which is Manager of LLC, and as an officer of
LP5 and on behalf of LIP in his capacity as
a general partner thereof.
/s/ Carl E. Ring, Jr.
_____________________________________________
Carl E. Ring, Jr., individually, and on
behalf of LCP in his capacity as an officer
thereof which is the general partner of LP,
which is Manager of LLC, and as an officer of
LP5 and on behalf of LIP in his capacity as
a general partner thereof.
-11-
<PAGE>
EXHIBIT A
AGREEMENT RELATING TO JOINT FILING OF SCHEDULE 13G
The undersigned hereby agree that a single Schedule 13G (or any
amendment thereto) relating to the Common Stock of Monaco Coach Corporation
shall be filed on behalf of each of the undersigned and that this Agreement
shall be filed as an Exhibit to such Schedule 13G.
This Agreement and the filing of the Schedule 13G shall not be construed
to be an admission that any of the undersigned is a member of a "group"
consisting of one or more of such persons pursuant to Section 13(g) of the
Securities Exchange Act of 1934, as amended and the rules thereunder.
Dated: 12/12/98
---------------
/s/ Peter E. Bennett
_____________________________________________
Peter E. Bennett, individually, and on behalf
of LCP in his capacity as an officer thereof
which is the general partner of LP, which is
Manager of LLC, and as an officer of LP5 and
on behalf of LIP in his capacity as a
general partner thereof.
/s/ Paul J. Huston
_____________________________________________
Paul J. Huston, individually, and on behalf of LCP
in his capacity as an officer thereof which is the
general partner of LP, which is Manager of LLC,
and as an officer of LP5 and on behalf of LIP in
his capacity as a general partner thereof.
/s/ Michael J. Kluger
_____________________________________________
Michael J. Kluger, individually, and on behalf of
LCP in his capacity as an officer thereof which is
the general partner of LP, which is Manager of
LLC, and as an officer of LP5 and on behalf of
LIP in his capacity as a general partner thereof.
/s/ Carl E. Ring, Jr.
_____________________________________________
Carl E. Ring, Jr., individually, and on behalf of
LCP in his capacity as an officer thereof which is
the general partner of LP, which is Manager of
LLC, and as an officer of LP5 and on behalf of
LIP in his capacity as a general partner thereof.
-12-
