SC 13G 1 efc3-0624_5351999sch13g.txt UNITED STATES SECURITIES EXCHANGE COMMISSION Washington, D.C. 20549 ------------------------------------------------------------------------------- SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1 (b), (c) and (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) Under the Securities Exchange Act of 1934 Boykin Lodging Company ----------------------------- (Name of Issuer) Common Stock $.01 par value ----------------------------------- (Title of Class of Securities) 103430104 ------------------ (CUSIP Number) December 31, 2002 --------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [X] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) CUSIP No. 103431004 ............................................................................... 1. Names of Reporting Persons. Cliffwood Partners LLC I.R.S. Identification Nos. of above persons (entities only): 95-4648555 ............................................................................... 2. Check the Appropriate Box if a Member of a Group (a) [X] (b) [ ] ............................................................................... 3. SEC Use Only ............................................................................... 4. Citizenship or Place of Organization Delaware, United States ............................................................................... Number of 5. Sole Voting Power None Shares ......................................................... Beneficially 6. Shared Voting Power 1,107,500 Owned by ......................................................... Each 7. Sole Dispositive Power None Reporting ......................................................... Person With 8. Share Dispositive Power 1,107,500 ............................................................................... 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,107,500 ............................................................................... 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] ............................................................................... 11. Percent of Class Represented by Amount in Row (9) 6.2% ............................................................................... 12. Type of Reporting Person IA ............................................................................... 2 ............................................................................... 1. Names of Reporting Persons. Cliffwood Equity Fund, L.P. I.R.S. Identification Nos. of above persons (entities only): 95-4486713 ............................................................................... 2. Check the Appropriate Box if a Member of a Group (a) [X] (b) [ ] ............................................................................... 3. SEC Use Only ............................................................................... 4. Citizenship or Place of Organization Delaware, United States ............................................................................... Number of 5. Sole Voting Power None Shares ......................................................... Beneficially 6. Shared Voting Power 1,107,500 Owned by ......................................................... Each 7. Sole Dispositive Power None Reporting ......................................................... Person With 8. Share Dispositive Power 1,107,500 ............................................................................... 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,107,500 ............................................................................... 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] ............................................................................... 11. Percent of Class Represented by Amount in Row (9) 6.2% ............................................................................... 12. Type of Reporting Person PN 3 ............................................................................... 1. Names of Reporting Persons. Cliffwood Select Equity Fund, L.P. I.R.S. Identification Nos. of above persons (entities only): 95-4789951 ............................................................................... 2. Check the Appropriate Box if a Member of a Group (a) [X] (b) [ ] ............................................................................... 3. SEC Use Only ............................................................................... 4. Citizenship or Place of Organization Delaware, United States ............................................................................... Number of 5. Sole Voting Power None Shares ......................................................... Beneficially 6. Shared Voting Power 1,107,500 Owned by ......................................................... Each 7. Sole Dispositive Power None Reporting ......................................................... Person With 8. Share Dispositive Power 1,107,500 ............................................................................... 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,107,500 ............................................................................... 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] ............................................................................... 11. Percent of Class Represented by Amount in Row (9) 6.2% ............................................................................... 12. Type of Reporting Person PN 4 ............................................................................... 1. Names of Reporting Persons. Cliffwood Select Equity Fund, Ltd. I.R.S. Identification Nos. of above persons (entities only): N/A ............................................................................... 2. Check the Appropriate Box if a Member of a Group (a) [X] (b) [ ] ............................................................................... 3. SEC Use Only ............................................................................... 4. Citizenship or Place of Organization Cayman Islands, British West Indies ............................................................................... Number of 5. Sole Voting Power None Shares ......................................................... Beneficially 6. Shared Voting Power 1,107,500 Owned by ......................................................... Each 7. Sole Dispositive Power None Reporting ......................................................... Person With 8. Share Dispositive Power 1,107,500 ............................................................................... 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,107,500 ............................................................................... 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] ............................................................................... 11. Percent of Class Represented by Amount in Row (9) 6.2% ............................................................................... 12. Type of Reporting Person OO 5 ............................................................................... 1. Names of Reporting Persons. Cliffwood Value Equity Fund, L.P. I.R.S. Identification Nos. of above persons (entities only): 95-4817104 ............................................................................... 2. Check the Appropriate Box if a Member of a Group (a) [X] (b) [ ] ............................................................................... 3. SEC Use Only ............................................................................... 4. Citizenship or Place of Organization Delaware, United States ............................................................................... Number of 5. Sole Voting Power None Shares ......................................................... Beneficially 6. Shared Voting Power 1,107,500 Owned by ......................................................... Each 7. Sole Dispositive Power None Reporting ......................................................... Person With 8. Share Dispositive Power 1,107,500 ............................................................................... 9. Aggregate Amount Beneficially Owned by Each Reporting Person 1,107,500 ............................................................................... 10. Check if the Aggregate Amount in Row (9) Excludes Certain Shares [ ] ............................................................................... 11. Percent of Class Represented by Amount in Row (9) 6.2% ............................................................................... 12. Type of Reporting Person PN 6 Item 1(a). Name of Issuer: Boykin Lodging Company Item 1(b). Address of Issuer's Principal Executive Offices: Guildhall Building, Suite 1500 45 W. Prospect Avenue, Cleveland, Ohio Item 2(a). Name of Person Filing Item 2(b). Address of Principal Business Office or, if None, Residence Item 2(c). Citizenship Cliffwood Partners LLC 11726 San Vicente Blvd. #600 Los Angeles, CA 90049 Delaware limited liability company Cliffwood Equity Fund, L.P. c/o Cliffwood Partners LLC 11726 San Vicente Blvd. #600 Los Angeles, CA 90049 Delaware limited partnership Cliffwood Select Equity Fund, L.P. c/o Cliffwood Partners LLC 11726 San Vicente Blvd. #600 Los Angeles, CA 90049 Delaware limited partnership Cliffwood Select Equity Fund, Ltd. c/o CITCO Fund Services (Cayman Islands) Limited P.O. Box 31106 Corporate Centre West Bay Road Grand Cayman, Cayman Islands British West Indies Cayman Islands exempted company Cliffwood Value Equity Fund, L.P. c/o Cliffwood Partners LLC 11726 San Vicente Blvd. #600 Los Angeles, CA 90049 Delaware limited partnership 7 Item 2(d). Title of Class of Securities: Common Stock $.01 par value Item 2(e). CUSIP Number: 103430104 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act. (e) [x] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E); (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F); (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G); (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act; (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act; (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). Item 4. Ownership: Cliffwood Partners LLC Cliffwood Equity Fund, L.P. Cliffwood Select Equity Fund, L.P. Cliffwood Select Equity Fund, Ltd. Cliffwood Value Equity Fund, L.P. Oregon Public Employees Retirement Fund a. Amount beneficially owned: Cliffwood Equity Fund, L.P. beneficially owns 31,600 shares of common stock; Cliffwood Select Equity Fund, L.P. beneficially owns 172,400 shares of common stock; Cliffwood Select Equity Fund, Ltd. beneficially owns 201,100 shares of common stock; Cliffwood Value Equity Fund, L.P. beneficially owns 577,400 shares of common stock, and Oregon Public Employees Retirement Fund beneficially owns 125,000 shares of common stock (through an account managed by Cliffwood Partners LLC), for an aggregate total of 1,107,500 shares of common stock. 8 b. Percent of Class: 6.2% of the aggregate outstanding shares of that class as of December 31, 2002. The sole power to vote or direct the vote of the entire shareholding and the sole power to dispose of or direct the disposal of the entire shareholding has been delegated to Cliffwood Partners LLC for each of Cliffwood Equity Fund, L.P., Cliffwood Select Equity Fund, L.P., Cliffwood Select Equity Fund, Ltd., Cliffwood Value Equity Fund, L.P. and Oregon Public Employees Retirement Fund's managed account. 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: By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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. 9 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. 4/2/03 -------------------------- Date /s/ Carl B. Tash -------------------------- Carl B. Tash, CEO CLIFFWOOD PARTNERS LLC /s/ Carl B. Tash ------------------------------ Carl B. Tash, CEO CLIFFWOOD EQUITY FUND, L.P. By: Cliffwood Partners LLC, its general partner /s/ Carl B. Tash ------------------------------ Carl B. Tash, CEO CLIFFWOOD SELECT EQUITY FUND, L.P. By: Cliffwood Partners LLC, its general partner /s/ Carl B. Tash ------------------------------ Carl B. Tash, CEO CLIFFWOOD SELECT EQUITY FUND, LTD. By: Cliffwood Partners LLC, as investment manager /s/ Carl B. Tash ------------------------------ Carl B. Tash, CEO CLIFFWOOD VALUE EQUITY FUND, L.P. By: Cliffwood Partners LLC, its general partner /s/ Carl B. Tash ------------------------------ Carl B. Tash, CEO 10