0001140361-19-002633.txt : 20190207 0001140361-19-002633.hdr.sgml : 20190207 20190207102258 ACCESSION NUMBER: 0001140361-19-002633 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190207 DATE AS OF CHANGE: 20190207 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Bridgepoint Education Inc CENTRAL INDEX KEY: 0001305323 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] IRS NUMBER: 593551629 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-84845 FILM NUMBER: 19573796 BUSINESS ADDRESS: STREET 1: 8620 SPECTRUM CENTER BLVD CITY: SAN DIEGO STATE: CA ZIP: 92123 BUSINESS PHONE: 858-668-2586 MAIL ADDRESS: STREET 1: 8620 SPECTRUM CENTER BLVD CITY: SAN DIEGO STATE: CA ZIP: 92123 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SCHRODER INVESTMENT MANAGEMENT NORTH AMERICA INC/ DE CENTRAL INDEX KEY: 0001105005 IRS NUMBER: 134064414 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 7 BRYANT PARK CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 212-641-3800 MAIL ADDRESS: STREET 1: 7 BRYANT PARK CITY: NEW YORK STATE: NY ZIP: 10018 SC 13G/A 1 formsc13ga.htm SC 13GA

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 2)

Bridgepoint Education Incorporated
(Name of Issuer)

COM
(Title of Class of Securities)

10807M105
(CUSIP Number)

12/31/2018
(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)


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. 10807M105

1
NAMES OF REPORTING PERSONS
 
 
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
 
Schroder Investment Management Ltd
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)
   
(a)
   
(b)
 
 
3
SEC USE ONLY
 
 

 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
United Kingdom
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
2,865,700
 
 
 
 
6
SHARED VOTING POWER
 
 
0
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
2,865,700
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
0
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
2,865,700
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
10.558% of outstanding shares
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
IA
 
 
 
 

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Item 1.

 
(a)
Name of Issuer
 
Bridgepoint Education Incorporated (COM)
 
(b)
Address of Issuer’s Principal Executive Offices
   
8620 Spectrum Center Blvd. San Diego, CA 92123

Item 2.

 
(a)
Name of Person Filing
 
Schroder Investment Management North America Inc
  (b)
Address of Principal Business Office or, if none, Residence
   
7 Bryant Park, 19th Floor
 
New York, NY 10018
 
(c)
Citizenship
   
USA
 
(d)
Title of Class of Securities
   
COM
 
(e)
CUSIP Number
   
10807M105
 

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)
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 associations 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)
Group, in accordance with §240.13d-1(b)(1)(ii)(J).

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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:    2,865,700
 
(b)
Percent of class:    10.558% of outstanding shares
 
(c)
Number of shares as to which the person has:
   
(i)
Sole power to vote or to direct the vote
     
0
   
(ii)
Shared power to vote or to direct the vote
     
2,865,700
   
(iii)
Sole power to dispose or to direct the disposition of
     
0
   
(iv)
Shared power to dispose or to direct the disposition of
     
2,865,700

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   ☐.

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

Schroder Investment Management Ltd. is a registered investment adviser with its respective home country regulator and under common control with the adviser.  Schroder Investment Management Ltd. is located in the United Kingdom at 1 London Wall Place, London, EC2Y 5AU. Schroder Investment Management North America Inc. disclaims the existence of a group.

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.

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After reasonable inquiry and to the best of its knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.

 
February  7, 2019
   
 
By:
/s/ Karl Dasher
 
 
Name:
Karl Dasher**
 
Title:
Chief Executive Officer
   
 
Schroder Investment Management North America Inc
   
 
** Authorized to sign on behalf of the following Advisor:
 
Schroder Investment Management Ltd


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