ASSISTED LIVING CONCEPTS INC
SC 13G, 2000-05-02
NURSING & PERSONAL CARE FACILITIES
Previous: EAST TEXAS FINANCIAL SERVICES INC, 8-K, 2000-05-02
Next: MONTGOMERY FUNDS III, 485BPOS, 2000-05-02




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

                                  SCHEDULE 13G

                    Under the Securities Exchange Act of 1934

                         Assisted Living Concepts, Inc.
                         ------------------------------
                                (Name of Issuer)

                     Common Stock, par value $.01 per share
                     --------------------------------------
                         (Title of Class of Securities)

                                    04543L109
                                    ---------
                                 (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
disclosures provided in a prior cover page.

The information required on the reminder 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>

CUSIP No. 04543L109                                            Page 2 of 8 pages
          ---------

                                       13G
- --------------------------------------------------------------------------------

1.    Name of Reporting Person                      Tempe Wick Investments, L.P.
      S.S. or I.R.S. Identifica-
      tion No. of Above Person

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

2.    Check the Appropriate Box                                  (a) [_]
      if a Member of a Group                                     (b) [X]

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

3.    S.E.C. Use Only

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

4.    Citizenship or Place of Organization                       Delaware

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

Number of Shares         (5) Sole Voting Power                   1,200,000
Beneficially             (6) Shared Voting Power                 0
Owned by Each            (7) Sole Dispositive Power              1,200,000
Reporting Person         (8) Shared Dispositive Power            0

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

9.    Aggregate Amount Beneficially Owned by Each Reporting Person

      1,200,000

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

10.   Check if the Aggregate Amount in Row (9) Excludes Certain
      Shares                                                     [_]

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

11.   Percent of Class Represented by Amount in Row 9            7.0%

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

12.   Type of Reporting Person                                   PN

- --------------------------------------------------------------------------------
<PAGE>

CUSIP No. 04543L109                                            Page 3 of 8 pages
          ---------

                                       13G
- --------------------------------------------------------------------------------

1.    Name of Reporting Person                      JWA Investments Corp.
      S.S. or I.R.S. Identifica-
      tion No. of Above Person

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

2.    Check the Appropriate Box                                  (a) [_]
      if a Member of a Group                                     (b) [X]

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

3.    S.E.C. Use Only

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

4.    Citizenship or Place of Organization                       Delaware

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

Number of Shares         (5) Sole Voting Power                   1,550,000
Beneficially             (6) Shared Voting Power                 0
Owned by Each            (7) Sole Dispositive Power              1,550,000
Reporting Person         (8) Shared Dispositive Power            0

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

9.    Aggregate Amount Beneficially Owned by Each Reporting Person

      1,550,000

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

10.   Check if the Aggregate Amount in Row (9) Excludes Certain
      Shares                                                     [_]

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

11.   Percent of Class Represented by Amount in Row 9            9.1%

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

12.   Type of Reporting Person                                   CO

- --------------------------------------------------------------------------------
<PAGE>

CUSIP No. 04543L109                                            Page 4 of 8 pages
          ---------

                                       13G
- --------------------------------------------------------------------------------

1.    Name of Reporting Person                      John W. Adams
      S.S. or I.R.S. Identifica-
      tion No. of Above Person

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

2.    Check the Appropriate Box                                  (a) [_]
      if a Member of a Group                                     (b) [X]

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

3.    S.E.C. Use Only

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

4.    Citizenship or Place of Organization                       United States

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

Number of Shares         (5) Sole Voting Power                   1,550,000
Beneficially             (6) Shared Voting Power                 0
Owned by Each            (7) Sole Dispositive Power              1,550,000
Reporting Person         (8) Shared Dispositive Power            0

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

9.    Aggregate Amount Beneficially Owned by Each Reporting Person

      1,550,000

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

10.   Check if the Aggregate Amount in Row (9) Excludes Certain
      Shares                                                     [_]

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

11.   Percent of Class Represented by Amount in Row 9            9.1%

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

12.   Type of Reporting Person                                   IN

- --------------------------------------------------------------------------------
<PAGE>

CUSIP No. 04543L109                                            Page 5 of 8 pages
          ---------

                                  SCHEDULE 13G

         This Schedule 13G is filed by the undersigned with respect to the
shares of common stock, par value $.01 per share (the "Common Stock"), of
Assisted Living Concepts, Inc., a Nevada corporation (the "Company").

Item 1.             (a)      Name of Issuer

                    Assisted Living Concepts, Inc.

                    (b)      Address of Issuer's Principal Executive Offices

                    11835 N.E. Glenn Widing Drive, Building E
                    Portland, OR 97220-9057

Item 2.             (a)      Names of Persons Filing

                    Tempe Wick Investments, L.P. ("Partnership")
                    JWA Investments Corp. ("General Partner")
                    John W. Adams ("Adams" and, together with Partnership and
                      General Partner, the "Reporting Persons")

                    (b)      Address of Principal Business Office

                    885 Third Avenue
                    34th Floor
                    New York, NY 10022

                    (c)      Citizenship

                    Partnership -- Delaware
                    General Partner -- Delaware
                    Adams -- United States

                    (d)      Title of Class of Securities

                    Common Stock, par value $.01 per share (the "Shares")

                    (e)      CUSIP Number

                    04543L109

Item 3.             This statement is not filed pursuant to either Rule 13d-1(b)
                    or 13d-2(b).
<PAGE>

CUSIP No. 04543L109                                            Page 6 of 8 pages
          ---------

Item 4.             The Partnership beneficially owns an aggregate of 1,200,000
                    shares of Common Stock which represents approximately 7.0%
                    of the issued and outstanding shares of Common Stock. The
                    Partnership, acting through its general partner, has the
                    sole power to vote or direct the vote of 1,200,000 shares of
                    Common Stock and the sole power to dispose or to direct the
                    disposition of 1,200,000 shares of Common Stock.

                    The General Partner is the general partner of the
                    Partnership and Jockey Hollow Investments L.P., a Delaware
                    limited partnership ("Jockey Hollow"). Jockey Hollow
                    beneficially owns 350,000 shares of Common Stock, which
                    represents approximately 2.0% of the issued and outstanding
                    shares of Common Stock. As the general partner of the
                    Partnership and Jockey Hollow, General Partner beneficially
                    owns an aggregate of 1,550,000 shares of Common Stock, which
                    represents approximately 9.1% of the issued and outstanding
                    shares of Common Stock. As the general partner of the
                    Partnership and Jockey Hollow, General Partner has the sole
                    power to vote or to direct the vote of 1,550,000 shares of
                    Common Stock and the sole power to dispose or to direct the
                    disposition of 1,550,000 shares of Common Stock.

                    Adams is the sole shareholder of General Partner and may be
                    deemed to beneficially own an aggregate of 1,550,000 shares
                    of Common Stock which represents approximately 9.1% of the
                    issued and outstanding shares of Common Stock. Adams may be
                    deemed to have the sole power to vote or direct the vote of
                    1,550,000 shares of Common Stock and the sole power to
                    dispose or to direct the disposition of 1,500,000 shares of
                    Common Stock.

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 Subsidiary Which
                    Acquired the Security Being Reported on By the Parent
                    Holding Company

                    Not applicable.
<PAGE>

CUSIP No. 04543L109                                            Page 7 of 8 pages
          ---------

Item 8.             Identification and Classification of Members of the Group

                    See Item 4.

Item 9.             Notice of Dissolution of Group

                    Not applicable.

Item 10.            Certification

                    Not applicable.

                  [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
<PAGE>

CUSIP No. 04543L109                                            Page 8 of 8 pages
          ---------

                                   SIGNATURES

         After reasonable inquiry and to the best of our knowledge and belief,
we certify that the information set forth in this statement is true, complete
and correct.

Dated as of May 2, 2000

                                 TEMPE WICK INVESTMENTS, L.P.

                                 By: JWA Investments Corp.,
                                     its general partner

                                 By: /s/ John W. Adams
                                     -----------------
                                     Name:  John W. Adams
                                     Title: President


                                 JWA INVESTMENTS CORP.

                                 By: /s/ John W. Adams
                                     -----------------
                                     Name:  John W. Adams
                                     Title: President



                         /s/ John W. Adams
                         -----------------
                         John W. Adams


                                                                       Exhibit 1
                                                                       ---------

                           JOINT ACQUISITION STATEMENT
                          PURSUANT TO RULE 13d-1(k)(1)


         The undersigned acknowledge and agree that the foregoing statement on
Schedule 13G is filed on behalf of each of the undersigned and that all
subsequent amendments to this statement on Schedule 13G shall be filed on behalf
of each of the undersigned without the necessity of filing additional joint
acquisition statements. The undersigned acknowledge that each shall be
responsible for the timely filing of such amendments, and for the completeness
and accuracy of the information concerning him, her or it contained herein, but
shall not be responsible for the completeness and accuracy of the information
concerning the other entities or persons, except to the extent that he, she or
it knows or has reason to believe that such information is accurate.

Dated: May 2, 2000

                                 TEMPE WICK INVESTMENTS, L.P.

                                 By: JWA Investments Corp.,
                                     its general partner

                                 By: /s/ John W. Adams
                                     -----------------
                                     Name:  John W. Adams
                                     Title: President


                                 JWA INVESTMENTS CORP.

                                 By: /s/ John W. Adams
                                     -----------------
                                     Name:  John W. Adams
                                     Title: President



                         /s/ John W. Adams
                         -----------------
                         John W. Adams


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