UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
Amendment No. 1
LINC CAPITAL, INC.
(Name of Issuer)
COMMON STOCK
(Title of Class of Securities)
501942106
(CUSIP Number)
December 31, 1999
(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)
*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).
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB control number.
<PAGE>
CUSIP No. ..501942106..................
1. Names of Reporting Persons. Northaven Management, Inc.
I.R.S. Identification Nos. of above persons (entities only). 13-3811355
...............................................................................
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) .................................................................
(b) .................................................................
3. SEC Use Only ........................................................
4. Citizenship or Place of Organization ...New York....................
Number of 5. Sole Voting Power ...229,000 shares.......................
Shares Bene-
ficially 6. Shared Voting Power .....0................................
Owned by Each
Reporting 7. Sole Dispositive Power ....229,000 shares.................
Person With:
8. Shared Dispositive Power ....0.............................
9. Aggregate Amount Beneficially Owned by Each Reporting Person ..229,000
shares................................................................
10. Check if the Aggregate Amount in Row (11) Excludes Certain Shares
(See Instructions)..................................................
11. Percent of Class Represented by Amount in Row (11) 4.35%..........
12. Type of Reporting Person (See Instructions) CO
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
................................................................................
<PAGE>
Item 1.
(a) Name of Issuer: LINC CAPITAL, INC.
(b) Address of Issuer's 303 East Wacker Drive
Principal Executive Suite 1000
Offices: Chicago, Illinois 60601
Item 2.
(a) Name of Person Filing: Northaven Management, Inc.
(b) Address of Principal 237 Park Avenue
Business Office: New York, NY 10017
(c) Citizenship: New York corporation
(d) Title of Class of
Securities: Common Stock of the Issuer
(e) CUSIP Number: 501942106
Item 3. Not applicable as this Schedule 13G is being filed pursuant
to ss.240.13d-1(c).
Item 4. See lines 5, 6, 7, 8, 9, and 11 on page 2 of this
Schedule 13G.
Item 5. Ownership of five Percent or less of a class.
If this statement is being filed to report the fact that as of
the date hereof, the reporting person has ceased to be the
beneficial owner of more than five percent of the class of
securities, check the following [x].
Items 6 thru 9. 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.
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.
February 10, 2000
NORTHAVEN MANAGEMENT, INC.
BY: /s/ Richard H. Brown
----------------------------
Name: Richard H. Brown
Title: President
