-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, O/49rsQe/YtNIFTb+fv8XS5RhDjNg9+/3myjq9OssZ5LmaRMr0fPmhEkaWNYNNQx GosutueNLCvstr7z/MTOTA== 0000899140-04-000825.txt : 20040608 0000899140-04-000825.hdr.sgml : 20040608 20040607193020 ACCESSION NUMBER: 0000899140-04-000825 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040608 GROUP MEMBERS: WILLIAM R. BERKLEY FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: INTERLAKEN INVESTMENT PARTNERS LP CENTRAL INDEX KEY: 0001265660 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 30 LITTLE HARBOR CITY: MARBLEHEAD STATE: MA ZIP: 01945 BUSINESS PHONE: 7816392000 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FIRST MARBLEHEAD CORP CENTRAL INDEX KEY: 0001262279 STANDARD INDUSTRIAL CLASSIFICATION: PERSONAL CREDIT INSTITUTIONS [6141] IRS NUMBER: 043295311 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-79549 FILM NUMBER: 04852745 BUSINESS ADDRESS: STREET 1: 30 LITTLE HARBOR CITY: MARBLEHEAD STATE: MA ZIP: 01945 BUSINESS PHONE: 7816392000 MAIL ADDRESS: STREET 1: 0 LITTLE HARBOR CITY: MARBLEHEAD STATE: MA ZIP: 01945 SC 13G 1 i2566664.txt AMENDMENT NO. 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (AMENDMENT NO. 1)* FIRST MARBLEHEAD CORPORATION - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 320771108 - -------------------------------------------------------------------------------- (CUSIP Number) June 4, 2004 - -------------------------------------------------------------------------------- (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) [ ] Rule 13d-1(c) [X ] 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 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 ("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 8 pages - -------------------------- ------------------------- CUSIP No. 32077108 13G Page 2 of 8 Pages ---------------- --- ---- - -------------------------- ------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Interlaken Investment Partners, L.P. - -------------------------------------------------------------------------------- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 2 SEC USE ONLY - -------------------------------------------------------------------------------- 3 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - -------------------------------------------------------------------------------- 4 SOLE VOTING POWER 0 ------------------------------------------------------------------ NUMBER OF 5 SHARED VOTING POWER SHARES BENEFICIALLY 7,808,165 OWNED BY ------------------------------------------------------------------ EACH 6 SOLE DISPOSITIVE POWER REPORTING PERSON 0 WITH ------------------------------------------------------------------ 7 SHARED DISPOSITIVE POWER 7,808,165 - -------------------------------------------------------------------------------- 8 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 7,808,165 - -------------------------------------------------------------------------------- 9 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 10 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 12.6% - -------------------------------------------------------------------------------- 11 TYPE OF REPORTING PERSON* PN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT - -------------------------- ------------------------- CUSIP No. 32077108 13G Page 3 of 8 Pages ---------------- --- ---- - -------------------------- ------------------------- - -------------------------------------------------------------------------------- 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON William R. Berkley - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [X] - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION U.S. - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 1,118,247 ------------------------------------------------------------------ NUMBER OF 6 SHARED VOTING POWER SHARES BENEFICIALLY 7,808,165 OWNED BY ------------------------------------------------------------------ EACH 7 SOLE DISPOSITIVE POWER REPORTING PERSON 1,118,247 WITH ------------------------------------------------------------------ 8 SHARED DISPOSITIVE POWER 7,808,165 - -------------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 8,926,412 - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES [ ] - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 14.4% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - -------------------------------------------------------------------------------- *SEE INSTRUCTION BEFORE FILLING OUT Item 1(a) Name of Issuer: -------------- The First Marblehead Corporation (the "Issuer") Item 1(b) Address of Issuer's Principal Executive Offices: ----------------------------------------------- The Prudential Tower 800 Boylston Street, 34th Floor Boston, MA 02199-8157 Items 2(a) Name of Person Filing; Address of Principal Business ---------------------------------------------------- Office: ------ This statement is filed jointly on behalf of the persons identified below, in accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"): Interlaken Investment Partners, L.P. ("Investment Partners") William R. Berkley ("Berkley") Item 2(b) Address of Principal Business Office or, if None, Residence ----------------------------------------------------------- The address of each of Investment Partners and Berkley is: 475 Steamboat Road Greenwich, CT 06830 Item 2(c) Citizenship: ----------- For the citizenship of Investment Partners and Berkley, see Item 4 of the cover sheet for each such Reporting Person. Item 2(d) Title of Class of Securities: ---------------------------- Common Stock, par value $0.01 per share ("Common Stock") Item 2(e) CUSIP Number: ------------ 320771108 Page 4 of 8 pages Item 3 If this statement is filed pursuant to ss.ss. 240.13d-1(b) ---------------------------------------------------------- or 240.13d-2(b) or (c), check whether the person is --------------------------------------------------- filing as a: ----------- Not Applicable Item 4. Ownership: --------- Page 5 of 8 pages (a) Amount beneficially owned: On June 4, 2004, Investment Partners distributed 2,387,795 shares of Common Stock to its partners. Immediately after the distribution, (i) Investment Partners owned directly 7,808,165 shares of Common Stock, (ii) Berkley owned directly 638,773 shares of Common Stock and options to purchase 8,000 shares of Common Stock, which options are currently exercisable (iii) Interlaken Management Partners, L.P. ("Management Partners") owned 407,596 shares ofCommon Stock and (iv) The Berkley Foundation, Inc. ("The Berkley Foundation") owned 63,878 shares of Common Stock. Berkley is the President of The Berkley Foundation and may be deemed to be the beneficial owner of the shares of Common Stock held by The Berkley Foundation. Berkley is the President and sole shareholder of Lake Management, Inc., which is the sole general partner of Management Partners, which is the sole general partner of Investment Partners. As such, Berkley indirectly controls Investment Partners and Management Partners and may be deemed to have beneficial ownership of the 7,808,165 shares of Common Stock held by Investment Partners and 407,596 shares of Common Stock held by Management Partners. Berkley disclaims beneficial ownership of all shares of Common Stock owned by The Berkley Foundation, Investment Partners and Management Partners except, in each case, to the extent of any indirect pecuniary interest therein. (b) Percent of class Based upon 61,914,110 shares of Common Stock outstanding as of April 30, 2004, as reported in the Issuer's Form 10-Q for the quarterly period ended March 31, 2004, Investment Partners is deemed to hold 12.6% of the Issuer's outstanding Common Stock and Berkley is deemed to hold 14.4% of the Issuer's outstanding Common Stock. (c) Number of shares as to which the person has: Interlaken Investment Partners, L.P.: 0 shares with sole power to vote or to direct the vote; 7,808,165 shares with shared power to vote or to direct the vote; 0 shares with sole power to dispose of or to direct the disposition of; 7,808,165 shares with shared power to dispose of or to direct the disposition of William R. Berkley: 1,118,247 shares with sole power to vote or to direct the vote; 7,808,165 shares with shared power to vote or to direct the vote; 1,118,247 shares with sole power to dispose of or to direct Page 6 of 8 pages the disposition of; 7,808,165 shares with shared power to dispose of or to direct the disposition of Item 5 Ownership of Five Percent or Less of a Class: -------------------------------------------- N/A Item 6 Ownership of More than Five Percent on Behalf of Another -------------------------------------------------------- Person: ------ N/A Item 7 Identification and Classification of the ---------------------------------------- Subsidiary Which Acquired the Security Being -------------------------------------------- Reported on By the Parent Holding Company: ----------------------------------------- N/A Item 8 Identification and Classification of Members of the Group: --------------------------------------------------------- N/A Item 9 Notice of Dissolution of Group: ------------------------------ N/A Item 10 Certification: ------------- N/A Page 7 of 8 pages SIGNATURE After reasonable inquiry and to the best of their knowledge and belief, each of the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: June 7, 2004 INTERLAKEN INVESTMENT PARTNERS, L.P. By: Interlaken Management Partners, L.P., its general partner By: Lake Management, Inc., its general partner By: /s/ William R. Berkley ----------------------------- William R. Berkley, President Date: June 7, 2004 --------------------------- By: /s/ William R. Berkley ----------------------------- WILLIAM R. BERKLEY Date: June 7, 2004 --------------------------- Page 8 of 8 pages Exhibit A AGREEMENT JOINT FILING OF SCHEDULE 13G Interlaken Investment Partners, L.P., a limited partnership organized and existing under the laws of the State of Delaware, and William R. Berkley hereby agree to file jointly, on behalf of each of them, the statement on Schedule 13G to which this Agreement is attached, and any amendments thereto which may be deemed necessary, pursuant to Regulation 13D-G under the Securities Exchange Act of 1934. It is understood and agreed that each of the parties hereto is responsible for the timely filing of such statement and any amendments thereto, and for the completeness and accuracy of the information concerning such party contained therein, but such party is not responsible for the completeness or accuracy of information concerning the other party unless such party knows or has reason to believe that such information is inaccurate. It is understood and agreed that a copy of this Agreement shall be attached as an exhibit to the statement on Schedule 13G, and any amendments thereto, filed on behalf of each of the parties hereto. INTERLAKEN INVESTMENT PARTNERS, L.P. By: Interlaken Management Partners, L.P., its general partner By: Lake Management, Inc., its general partner By: /s/ William R. Berkley ----------------------------- William R. Berkley, President Dated: February 10, 2004 /s/ WILLIAM R. BERKLEY - ---------------------- WILLIAM R. BERKLEY Dated: February 10, 2004 -----END PRIVACY-ENHANCED MESSAGE-----