SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b) AND (c) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2(b)
(Amendment No. )(1)
TAKE-TWO INTERACTIVE SOFTWARE, INC.
(Name of Issuer)
COMMON STOCK, PAR VALUE $.01 PER SHARE
(Title of Class of Securities)
874054109
(CUSIP Number)
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(1) 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 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 (the "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 6 Pages
<PAGE>
CUSIP No. 874054109 13G Page 2 of 6 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Anglo American Security Fund, L.P.
- --------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) [ ]
(b) [X]
- --------------------------------------------------------------------------------
3. SEC USE ONLY
- --------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
United States
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 671,638
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH None
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 671,638
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
671,638
- --------------------------------------------------------------------------------
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
6.9%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
PN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 6 Pages
<PAGE>
CUSIP No. 874054109 13G Page 3 of 6 Pages
- --------------------------------------------------------------------------------
1. NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
Oliver R. Grace, 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
United States
- --------------------------------------------------------------------------------
NUMBER OF 5. SOLE VOTING POWER
SHARES 781,338
BENEFICIALLY --------------------------------------------------------------
OWNED BY 6. SHARED VOTING POWER
EACH None
REPORTING --------------------------------------------------------------
PERSON 7. SOLE DISPOSITIVE POWER
WITH 781,338
--------------------------------------------------------------
8. SHARED DISPOSITIVE POWER
None
- --------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
781,338
- --------------------------------------------------------------------------------
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ]
- --------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
7.9%
- --------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON
IN
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 6 Pages
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Item 1(a). Name of Issuer:
TAKE-TWO INTERACTIVE SOFTWARE, INC.
Item 1(b). Address of Issuer's Principal Executive Offices:
575 Broadway
New York, NY 10012
Item 2(a). Name of Person Filing:
This Schedule 13G is filed on behalf of Oliver R. Grace, Jr. and
Anglo American Security Fund, L.P. (each a "Reporting Person").
Item 2(b). Address of Principal Business Office or, if None, Residence:
Oliver R. Grace, Jr.
c/o Anglo American Security Fund, L.P.
55 Brookville Road
Glen Head, New York 11545
Item 2(c). Citizenship:
Mr. Grace is a United States citizen. Anglo American Security
Fund, L.P. is a partnership organized under the laws of the State
of Delaware.
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share.
Item 2(e). CUSIP Number:
874054109
Item 3. If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b), check whether the person filing is a:
(a) - (h): Not applicable.
Item 4. Ownership:
(a) Amount Beneficially Owned: Includes (i) 611,292 shares of
Common Stock owned of record by Anglo American Security Fund,
L.P., of which Mr. Grace is a general partner, (ii) 83,148 shares
of Common Stock owned of record by Field Nominees, Ltd., (iii)
42,386 shares of Common Stock issuable upon the exercise of
warrants owned by Anglo American Security Fund, L.P., (iv) 17,600
shares of Common Stock issuable upon the exercise of options
owned by Anglo American Security Fund, L.P., (v) 20,787 shares of
Common Stock issuable upon the exercise of options owned by Mr.
Grace and (vi) 5,765 shares of Common Stock issuable upon
Page 4 of 6 Pages
<PAGE>
the exercise of warrants owned by Field Nominees, Ltd. Mr. Grace
disclaims beneficial ownership of the securities held by Field
Nominees, Ltd.
(b) Percent of Class: 7.9%
(c) Number of shares as to which such person has sole power to
vote or to direct the vote; shared power to vote or to
direct the vote; sole power to dispose or to direct the
disposition; or shared power to dispose or to direct the
disposition: See pages 2 and 3.
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 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.
Item 10. Certification.
Not Applicable.
Page 5 of 6 Pages
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SIGNATURE
After reasonable inquiry and to the best of the undersigneds' knowledge and
belief, the undersigned certifies that the information set forth in this
statement is true, complete and correct.
Date: February 12, 1998
/s/ Oliver R. Grace, Jr.
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Oliver R. Grace, Jr.
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Anglo American Security Fund, L.P.
By: /s/ Anglo American Security Fund, L.P.
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Page 6 of 6 Pages