0000950142-14-000425.txt : 20140214 0000950142-14-000425.hdr.sgml : 20140214 20140214134016 ACCESSION NUMBER: 0000950142-14-000425 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140214 DATE AS OF CHANGE: 20140214 GROUP MEMBERS: MARCATO CAPITAL MANAGEMENT LP GROUP MEMBERS: MARCATO II L.P. GROUP MEMBERS: MARCATO INTERNATIONAL MASTER FUND LTD. GROUP MEMBERS: MARCATO L.P. GROUP MEMBERS: RICHARD T. MCGUIRE III SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Macquarie Infrastructure Co LLC CENTRAL INDEX KEY: 0001289790 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-PETROLEUM & PETROLEUM PRODUCTS (NO BULK STATIONS) [5172] IRS NUMBER: 206196808 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82966 FILM NUMBER: 14614187 BUSINESS ADDRESS: STREET 1: 125 WEST 55TH STREET, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 212-231-1000 MAIL ADDRESS: STREET 1: 125 WEST 55TH STREET, 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: Macquarie Infrastructure CO LLC DATE OF NAME CHANGE: 20041013 FORMER COMPANY: FORMER CONFORMED NAME: Macquarie Infrastructure Assets LLC DATE OF NAME CHANGE: 20040510 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: MARCATO CAPITAL MANAGEMENT LP CENTRAL INDEX KEY: 0001541996 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ONE MONTGOMERY STREET STREET 2: SUITE 3250 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 BUSINESS PHONE: 415-796-6352 MAIL ADDRESS: STREET 1: ONE MONTGOMERY STREET STREET 2: SUITE 3250 CITY: SAN FRANCISCO STATE: CA ZIP: 94104 FORMER COMPANY: FORMER CONFORMED NAME: MARCATO CAPITAL MANAGEMENT LLC DATE OF NAME CHANGE: 20120209 SC 13G 1 eh1400291_13g-macquarie.htm SCHEDULE 13G eh1400291_13g-macquarie.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
 
(Amendment No. __)*
 
Macquarie Infrastructure Company LLC
(Name of Issuer)

LLC Interests, without par value
(Title of Class of Securities)
 
55608B105
(CUSIP Number)
 
December 31, 2013
(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)
 
*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).
 
 
 
 
 
CUSIP No. 55608B105
SCHEDULE 13G
Page 2 of 11


 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Marcato Capital Management LP
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
-0-
6
SHARED VOTING POWER
 
3,583,472
7
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
3,583,472
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,583,472
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
6.4%
  
12
TYPE OF REPORTING PERSON
 
IA
  

 
 
 
 
 
 
CUSIP No. 55608B105
 SCHEDULE 13G
Page 3 of 11


 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Richard T. McGuire III
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
-0-
6
SHARED VOTING POWER
 
3,583,472
7
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
3,583,472
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,583,472
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
6.4%
  
12
TYPE OF REPORTING PERSON
 
IN
  
 
 
 
 
 
 
 
CUSIP No. 55608B105
 SCHEDULE 13G
Page 4 of 11


 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Marcato, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
-0-
6
SHARED VOTING POWER
 
790,268
7
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
790,268
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
790,268
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
1.4%
  
12
TYPE OF REPORTING PERSON
 
PN
  

 
 
 
 
 
 
CUSIP No. 55608B105
 SCHEDULE 13G
Page 5 of 11


 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Marcato II, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
-0-
6
SHARED VOTING POWER
 
55,258
7
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
55,258
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
55,258
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0.1%
  
12
TYPE OF REPORTING PERSON
 
PN
  

 
 
 
 
 
 
 
CUSIP No. 55608B105
 SCHEDULE 13G
Page 6 of 11


 
1
NAME OF REPORTING PERSON OR
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Marcato International Master Fund, Ltd.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  o
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Cayman Islands
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
-0-
6
SHARED VOTING POWER
 
2,737,946
7
SOLE DISPOSITIVE POWER
 
-0-
8
SHARED DISPOSITIVE POWER
 
2,737,946
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
2,737,946
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
4.9%
  
12
TYPE OF REPORTING PERSON
 
OO
  

 
 
 
 
 
 
CUSIP No. 55608B105
 SCHEDULE 13G
Page 7 of 11
 
 
Item 1.
(a).
Name of Issuer:
 
  
   
Macquarie Infrastructure Company LLC
  
 
 
(b).
Address of issuer's principal executive offices:
 
  
   
125 West 55th Street
New York, New York 10019
  
 
Item 2.
(a).
Name of person filing:
 
  
   
This Schedule 13G is being filed by Marcato Capital Management LP, a Delaware limited partnership ("Marcato"), Richard T. McGuire III, a United States citizen, Marcato, L.P., a Delaware limited partnership, Marcato II, L.P., a Delaware limited partnership, and Marcato International Master Fund, Ltd., a Cayman Islands exempted company. Mr. McGuire is the managing partner of Marcato, the investment manager of Marcato, L.P., Marcato II, L.P. and Marcato International Master Fund, Ltd. Marcato, Mr. McGuire, Marcato, L.P., Marcato II, L.P. and Marcato International Master Fund, Ltd. are each a "Reporting Person" and are collectively referred to herein as the "Reporting Persons".
  
 
 
(b).
Address or principal business office or, if none, residence:
 
  
   
For each reporting person:
 
c/o Marcato Capital Management LP
One Montgomery Street, Suite 3250
San Francisco, CA 94104
  
 
 
(c).
Citizenship:
 
  
   
See Line 4 of the cover sheet for each Reporting Person.
  
 
 
(d).
Title of class of securities:
 
  
   
LLC Interests, without par value
  
 
 
(e).
CUSIP No.:
 
  
   
55608B105
  
 
 
 
 
 
CUSIP No. 55608B105
 SCHEDULE 13G
Page 8 of 11
 
Item 3.
If This Statement is filed pursuant to §§.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a

 
(a)
[_]
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
 
(b)
[_]
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
 
(c)
[_]
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
 
(d)
[_]
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
 
(e)
[X]
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
 
(f)
[_]
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
 
(g)
[_]
A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G);
 
(h)
[_]
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);
 
(i)
[_]
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
 
(j)
[_]
A non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J);
 
(k)
[_]
Group, in accordance with §240.13d-1(b)(1)(ii)(K).  If filing as a non-U.S. institution in accordance with §240.13d-1(b)(1)(ii)(J), please specify the type of institution:
 
Item 4.
Ownership.

 
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

 
(a)
Amount beneficially owned:
 
See Line 9 of the cover sheet for each Reporting Person.
 
 
(b)
Percent of class:
 
See Line 11 of the cover sheet for each Reporting Person.

 
(c)
Number of shares as to which the person has:
 
(i) Sole power to vote or to direct the vote    
(ii) Shared power to vote or to direct the vote    
(iii) Sole power to dispose or to direct the disposition of
(iv) Shared power to dispose or to direct the disposition of
 
See Lines 5-8 of the cover sheet for each Reporting Person.
 
 
 
 
 
 
CUSIP No. 55608B105
 SCHEDULE 13G
Page 9 of 11
 
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  [_].

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 or Control Person.
 
 
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.
 

 
 
 
 
 
CUSIP No. 55608B105
 SCHEDULE 13G
Page 10 of 11
 
 
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.
 
Dated:  February 14, 2014
     
   
Marcato Capital Management LP*
    By: Marcato Holdings LLC
     
   
By:
/s/ Richard T. McGuire III
  
     
     Richard T. McGuire III, Authorized Person
         
 
   
/s/ Richard T. McGuire III*
  
   
     Richard T. McGuire III
       
       
   
Marcato, L.P.

   
By:
MCM General Partner LLC, its General Partner
     
   
By:
/s/ Richard T. McGuire III
  
     
     Richard T. McGuire III, Authorized Person
         
 
   
Marcato II, L.P.

   
By:
MCM General Partner LLC, its General Partner
     
   
By:
/s/ Richard T. McGuire III
  
     
     Richard T. McGuire III, Authorized Person
         
 
   
Marcato International Master Fund, Ltd.

   
By:
/s/ Richard T. McGuire III
  
     
     Richard T. McGuire III, Director
         

* This reporting person disclaims beneficial ownership of these reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that any such person is the beneficial owner of these securities for purposes of Section 16 of the U.S. Securities Exchange Act of 1934, as amended, or for any other purpose.

Attention:  Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).

 
 
 
 
 
 
CUSIP No. 55608B105
 SCHEDULE 13G
Page 11 of 11
 
Exhibit A
 

 
AGREEMENT
 
Each of the undersigned hereby consents and agrees to this joint filing of the Schedule 13G.
 
Dated:  February 14, 2014
     
   
Marcato Capital Management LP*
    By: Marcato Holdings LLC
     
   
By:
/s/ Richard T. McGuire III
  
     
     Richard T. McGuire III, Authorized Person
         
 
   
/s/ Richard T. McGuire III*
  
   
     Richard T. McGuire III
       
       
   
Marcato, L.P.

   
By:
MCM General Partner LLC, its General Partner
     
   
By:
/s/ Richard T. McGuire III
  
     
     Richard T. McGuire III, Authorized Person
         
 
   
Marcato II, L.P.

   
By:
MCM General Partner LLC, its General Partner
     
   
By:
/s/ Richard T. McGuire III
  
     
     Richard T. McGuire III, Authorized Person
         
 
   
Marcato International Master Fund, Ltd.

   
By:
/s/ Richard T. McGuire III
  
     
     Richard T. McGuire III, Director
         

 
* This reporting person disclaims beneficial ownership of these reported securities except to the extent of its pecuniary interest therein, and this report shall not be deemed an admission that any such person is the beneficial owner of these securities for purposes of Section 16 of the U.S. Securities Exchange Act of 1934, as amended, or for any other purpose.

Attention:  Intentional misstatements or omissions of fact constitute Federal criminal violations (see 18 U.S.C. 1001).