0000902664-05-000806.txt : 20120618
0000902664-05-000806.hdr.sgml : 20120618
20050317153348
ACCESSION NUMBER: 0000902664-05-000806
CONFORMED SUBMISSION TYPE: SC 13G
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050317
DATE AS OF CHANGE: 20050317
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: BUCHAN DUKE III
CENTRAL INDEX KEY: 0001284873
FILING VALUES:
FORM TYPE: SC 13G
BUSINESS ADDRESS:
BUSINESS PHONE: 212-453-8988
MAIL ADDRESS:
STREET 1: 485 MADISON AVENUE
STREET 2: 22ND FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10022
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEWCASTLE INVESTMENT CORP
CENTRAL INDEX KEY: 0001175483
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 810559116
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13G
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-78539
FILM NUMBER: 05688753
BUSINESS ADDRESS:
STREET 1: C/O FORTRESS
STREET 2: 1251 AVENUE OF THE AMERICAS 16TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10020
BUSINESS PHONE: 2127986100
MAIL ADDRESS:
STREET 1: C/O FORTRESS
STREET 2: 1251 AVENUE OF THE AMERICAS 16TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10020
SC 13G
1
srz05-0367newcastle.txt
NEWCASTLE INVESTMENT CORP.
SECURITIES & EXCHANGE COMMISSION
Washington, D.C. 20549
----------------------
SCHEDULE 13G
Under the Securities and Exchange Act of 1934
(Amendment No. ___)*
Newcastle Investment Corp.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
65105M108
(CUSIP Number)
March 10, 2005
(Date of event which requires filing of this statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule 13G is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] Rule 13d-1(d)
(Page 1 of 12 Pages)
----------------
*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 purposes 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).
CUSIP No.65105M108 13G Page 2 of 12 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Hunter Global Associates L.L.C.
-----------------------------------------------------------------------------
(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
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
612,597
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
612,597
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
612,597
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.6%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
OO
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No.65105M108 13G Page 3 of 12 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Hunter Global Investors L.P.
-----------------------------------------------------------------------------
(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
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,219,800
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,219,800
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,219,800
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
5.8%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
IA
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No.65105M108 13G Page 4 of 12 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Duke Buchan III
-----------------------------------------------------------------------------
(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP **
(a) [X]
(b) [ ]
-----------------------------------------------------------------------------
(3) SEC USE ONLY
-----------------------------------------------------------------------------
(4) CITIZENSHIP OR PLACE OF ORGANIZATION
United States
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
2,219,800
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
2,219,800
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
2,219,800
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
5.8%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
IN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No.65105M108 13G Page 5 of 12 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Hunter Global Investors Fund I L.P.
-----------------------------------------------------------------------------
(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
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
588,177
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
588,177
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
588,177
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
1.5%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No.65105M108 13G Page 6 of 12 Pages
----------------------------------------------------------------------------
(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO.
OF ABOVE PERSONS (ENTITIES ONLY)
Hunter Global Investors Fund II L.P.
-----------------------------------------------------------------------------
(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
-----------------------------------------------------------------------------
NUMBER OF (5) SOLE VOTING POWER
-0-
SHARES ______________________________________________________________
BENEFICIALLY (6) SHARED VOTING POWER
24,420
OWNED BY ______________________________________________________________
EACH (7) SOLE DISPOSITIVE POWER
-0-
REPORTING ______________________________________________________________
PERSON WITH (8) SHARED DISPOSITIVE POWER
24,420
-----------------------------------------------------------------------------
(9) AGGREGATE AMOUNT BENEFICIALLY OWNED
BY EACH REPORTING PERSON
24,420
-----------------------------------------------------------------------------
(10) CHECK BOX IF THE AGGREGATE AMOUNT
IN ROW (9) EXCLUDES CERTAIN SHARES ** [ ]
-----------------------------------------------------------------------------
(11) PERCENT OF CLASS REPRESENTED
BY AMOUNT IN ROW (9)
0.1%
-----------------------------------------------------------------------------
(12) TYPE OF REPORTING PERSON **
PN
-----------------------------------------------------------------------------
** SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No.65105M108 13G Page 7 of 12 Pages
Item 1(a). Name of Issuer:
The name of the issuer is Newcastle Investment Corp. (the
"Issuer").
Item 1(b). Address of Issuer's Principal Executive Offices:
The Issuer's principal executive offices are located at 1251
Avenue of the Americas, New York, NY 10020
Item 2(a). Name of Person Filing:
This statement is filed by:
(i) Hunter Global Associates L.L.C., a Delaware
limited liability company ("Associates") (OO)
that is the general partner of Hunter Global
Investors Fund I L.P. ("Fund I") and Hunter
Global Investors Fund II L.P. ("Fund II"), with
respect to the shares of Common Stock (defined
in Item 2(d) below) beneficially owned by Fund
I and Fund II, collectively.
(ii) Hunter Global Investors L.P., a Delaware
limited partnership ("Investors") (IA) that is
the investment manager of Fund I, Fund II,
Hunter Global Investors Offshore Fund Ltd., a
Cayman Islands exempted company ("Off I") and
Hunter Global Investors Offshore Fund II Ltd.,
a Cayman Islands exempted company ("Off II"),
with respect to the shares of Common Stock
beneficially owned by Fund I, Fund II, Off I
and Off II, collectively.
(iii) Duke Buchan III ("Mr. Buchan") (IN), who is the
managing member of Associates and who controls
Investors through its general partner, with
respect to the shares of Common Stock
beneficially owned by Fund I, Fund II, Off I
and Off II, collectively.
(iv) Fund I, a Delaware limited partnership (PN),
with respect to the shares of Common Stock
beneficially owned by it.
(v) Fund II, a Delaware limited partnership (PN),
with respect to the shares of Common Stock
beneficially owned by it.
The foregoing persons are hereinafter collectively
referred to as the "Reporting Persons". Any disclosures herein
with respect to persons other than the Reporting Persons are
made on information and belief after making inquiry to the
appropriate person.
Item 2(b). Address of Principal Business Office or, if none, Residence
The address of the business office of each of the Reporting Persons is
485 Madison Avenue, 22nd Floor, New York, New York 10022.
CUSIP No.65105M108 13G Page 8 of 12 Pages
Item 2(c). Citizenship
Fund I, Fund II and Investors are each limited partnerships organized
under the laws of the State of Delaware. Associates is a limited liability
company organized under the laws of the State of Delaware. Mr. Buchan is a
United States citizen.
Item 2(d). Title of Class of Securities
Common Stock (the "Common Stock")
Item 2(e). CUSIP Number
65105M108
Item 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or
(c), check whether the person filing is a: NOT APPLICABLE
(a) [ ] Broker or dealer registered under Section 15 of the
Act,
(b) [ ] Bank as defined in Section 3(a)(6) of the Act,
(c) [ ] Insurance Company as defined in Section 3(a)(19) of
the Act,
(d) [ ] Investment Company registered under Section 8 of the
Investment Company Act of 1940,
(e) [ ] Investment Adviser in accordance with Rule
13d-1 (b)(1)(ii)(E),
(f) [ ] Employee Benefit Plan or Endowment Fund in accordance
with 13d-1 (b)(1)(ii)(F),
(g) [ ] Parent Holding Company or control person in accordance
with Rule 13d-1 (b)(1)(ii)(G),
(h) [ ] Savings Association as defined in Section 3(b) of the
Federal Deposit Insurance Act,
(i) [ ] Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the
Investment Company Act of 1940,
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership.
The percentages used in this Item 4 are calculated based upon 38,234,481
shares of Common Stock issued and outstanding as reported on Form 10-Q filed by
the Issuer with the Commission on November 05, 2004.
A. Hunter Global Associates L.L.C., as general partner of Hunter Global
Investors Fund I L.P. and Hunter Global Investors Fund II L.P.
(a) Amount beneficially owned: 612,597
(b) Percent of class: 1.6%
CUSIP No.65105M108 13G Page 9 of 12 Pages
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 612,597
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 612,597
B. Hunter Global Investors L.P., as investment manager of Hunter Global
Investors Fund I L.P., Hunter Global Investors Fund II L.P., Hunter
Global Investors Offshore Fund Ltd. and Hunter Global Investors
Offshore Fund II Ltd.
(a) Amount beneficially owned: 2,219,800
(b) Percent of class: 5.8%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,219,800
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition:2,219,800
C. Duke Buchan III, as senior managing member of Hunter Global Associates
L.L.C., and as the sole member of the general partner of Hunter Global
Investors L.P.
(a) Amount beneficially owned: 2,219,800
(b) Percent of class: 5.8%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 2,219,800
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 2,219,800
D. Hunter Global Investors Fund I L.P.
(a) Amount beneficially owned: 588,177
(b) Percent of class: 1.5%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 588,177
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 588,177
E. Hunter Global Investors Fund II L.P.
(a) Amount beneficially owned: 24,420
(b) Percent of class: 0.1%
(c) (i) Sole power to vote or direct the vote: -0-
(ii) Shared power to vote or direct the vote: 24,420
(iii) Sole power to dispose or direct the disposition: -0-
(iv) Shared power to dispose or direct the disposition: 24,420
CUSIP No.65105M108 13G Page 10 of 12 Pages
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
Mr. Buchan, the senior managing member of Associates and the
sole member of the general partner of Investors, has the power to direct the
affairs of Associates, Investors, Fund I, Fund II, Off I and Off II, including
decisions with respect to the disposition of proceeds from the sale of the
Common Stock.
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
The identity of each member of the group is set forth above under
Item 2(a) and Item 4.
Item 9. Notice of Dissolution of Group
Not applicable.
CUSIP No.65105M108 13G Page 11 of 12 Pages
Item 10. Certification.
Each of the Reporting Persons hereby makes the following 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.
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief,
the undersigned certify that the information set forth in this statement is
true, complete and correct.
DATED: March 17, 2005 By: /s/ Duke Buchan III
------------------------------------
Duke Buchan III, individually and (a) as
Senior Managing Member of Hunter Global
Associates L.L.C., for itself and as the
general partner of (i) Hunter Global
Investors Fund I L.P. and (ii) Hunter
Global Investors Fund II L.P. and (b) as
Managing Member of Hunter Global Capital
Management L.L.C., as the general partner
of Hunter Global Investors L.P.
CUSIP No.65105M108 13G Page 12 of 12 Pages
EXHIBIT 1
JOINT ACQUISITION STATEMENT
PURSUANT TO RULE 13d-1(k)
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 or it contained therein, but
shall not be responsible for the completeness and accuracy of the information
concerning the others, except to the extent that he or it knows or has reason to
believe that such information is inaccurate.
DATED: March 17, 2005 By: /s/ Duke Buchan III
------------------------------------
Duke Buchan III, individually and (a) as
Senior Managing Member of Hunter Global
Associates L.L.C., for itself and as the
general partner of (i) Hunter Global
Investors Fund I L.P. and (ii) Hunter
Global Investors Fund II L.P. and (b) as
Managing Member of Hunter Global Capital
Management L.L.C., as the general partner
of Hunter Global Investors L.P.