0000899243-21-041342.txt : 20211022 0000899243-21-041342.hdr.sgml : 20211022 20211022185610 ACCESSION NUMBER: 0000899243-21-041342 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211012 FILED AS OF DATE: 20211022 DATE AS OF CHANGE: 20211022 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Partners Group Private Equity (Master Fund), LLC CENTRAL INDEX KEY: 0001447247 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-40887 FILM NUMBER: 211341816 BUSINESS ADDRESS: STREET 1: 1114 AVENUE OF THE AMERICAS STREET 2: 37TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-908-2600 MAIL ADDRESS: STREET 1: 1114 AVENUE OF THE AMERICAS STREET 2: 37TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Partners Group Private Equity II, LLC CENTRAL INDEX KEY: 0001756041 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-40887 FILM NUMBER: 211341815 BUSINESS ADDRESS: STREET 1: C/O PARTNERS GROUP (USA) INC. STREET 2: 1114 AVENUE OF THE AMERICAS, 37TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 BUSINESS PHONE: 212-908-2600 MAIL ADDRESS: STREET 1: C/O PARTNERS GROUP (USA) INC. STREET 2: 1114 AVENUE OF THE AMERICAS, 37TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10036 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Partners Group Series Access II, LLC CENTRAL INDEX KEY: 0001888120 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-40887 FILM NUMBER: 211341814 BUSINESS ADDRESS: STREET 1: C/O PARTNERS GROUP (USA) INC STREET 2: 1114 AVENUE OF THE AMERICAS, 37TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10110 BUSINESS PHONE: (303) 606-3600 MAIL ADDRESS: STREET 1: C/O PARTNERS GROUP (USA) INC STREET 2: 1200 ENTREPRENEURIAL DRIVE CITY: BROOMFIELD STATE: CO ZIP: 80021 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Partners Group Access 83 PF LP CENTRAL INDEX KEY: 0001887987 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-40887 FILM NUMBER: 211341813 BUSINESS ADDRESS: STREET 1: 50 LOTHIAN ROAD, FESTIVAL SQUARE CITY: EDINBURGH STATE: X0 ZIP: EH3 9BY BUSINESS PHONE: (303) 606-3600 MAIL ADDRESS: STREET 1: C/O PARTNERS GROUP (USA) INC STREET 2: 1200 ENTREPRENEURIAL DRIVE CITY: BROOMFIELD STATE: CO ZIP: 80021 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Life Time Group Holdings, Inc. CENTRAL INDEX KEY: 0001869198 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MEMBERSHIP SPORTS & RECREATION CLUBS [7997] IRS NUMBER: 473481985 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2902 CORPORATE PLACE CITY: CHANHASSEN STATE: MN ZIP: 55317 BUSINESS PHONE: (952) 947-0000 MAIL ADDRESS: STREET 1: 2902 CORPORATE PLACE CITY: CHANHASSEN STATE: MN ZIP: 55317 4/A 1 doc4a.xml FORM 4/A SUBMISSION X0306 4/A 2021-10-12 2021-10-13 0 0001869198 Life Time Group Holdings, Inc. LTH 0001447247 Partners Group Private Equity (Master Fund), LLC C/O PARTNERS GROUP (USA) INC. 1114 AVENUE OF THE AMERICAS, 37TH FLOOR NEW YORK NY 10036 0 0 0 1 Member of 10% Owner Group 0001756041 Partners Group Private Equity II, LLC C/O PARTNERS GROUP (USA) INC. 1114 AVENUE OF THE AMERICAS, 37TH FLOOR NEW YORK NY 10036 0 0 0 1 Member of 10% Owner Group 0001888120 Partners Group Series Access II, LLC C/O PARTNERS GROUP (USA) INC. 1114 AVENUE OF THE AMERICAS, 37TH FLOOR NEW YORK NY 10036 0 0 0 1 Member of 10% Owner Group 0001887987 Partners Group Access 83 PF LP C/O PARTNERS GROUP (USA) INC. 1114 AVENUE OF THE AMERICAS, 37TH FLOOR NEW YORK NY 10036 0 0 0 1 Member of 10% Owner Group Common Stock 2021-10-12 4 C 0 301571 A 6301571 I See footnote Common Stock 2021-10-12 4 P 0 277777 18.00 A 6579348 I See footnote Series A Preferred Stock 2021-10-12 4 C 0 244856 D Common Stock 301571 0 I See footnote Each share of Life Time Group Holdings, Inc.'s (the "Issuer") Series A Preferred Stock (the "Series A Preferred Stock") automatically converted into shares of the Issuer's common stock (the "Common Stock") upon the closing of the Issuer's initial public offering, for no additional consideration, in accordance with the Certificate of Designations of the Series A Preferred Stock. The Series A Preferred Stock had no expiration date. Partners Group Private Equity (Master Fund), LLC ("PG Master Fund") directly held 140,583 shares of Series A Preferred Stock, Partners Group Private Equity II, LLC ("PG PE II") directly held 3,218 shares of Series A Preferred Stock and Partners Group Access 83 PF LP ("PG Access 83") directly held 101,055 shares of Series A Preferred Stock. The investment manager of PG Master Fund is Partners Group (USA) Inc. ("PG USA"). PG USA, PG PE II, PG Access 83 and Partners Group Series Access II, LLC, Series 61 ("PG Series 61") are indirectly controlled by Partners Group Holding AG ("Partners Group"). Each of PG Master Fund, PG PE II, PG Access 83 and PG Series 61 disclaims beneficial ownership of any securities that it does not directly beneficially own, except to the extent of its pecuniary interest, if any, therein. 3,305,146 of such shares of Common Stock are directly held by PG Master Fund, 3,963 of such shares are directly held by PG PE II, 124,462 of such shares are directly held by PG Access 83 and 2,868,000 of such shares are directly held by PG Series 61. 3,464,630 of such shares of Common Stock are directly held by PG Master Fund, 7,614 of such shares are directly held by PG PE II, 239,104 of such shares are directly held by PG Access 83 and 2,868,000 of such shares are directly held by PG Series 61. This Amendment to the Form 4 filed on October 13, 2021 is being filed to add Partners Group Series Access II, LLC and Partners Group Access 83 PF LP as Reporting Owners, but does not reflect any change in the Reporting Persons' ownership as reported in the original filing. The Reporting Persons may be deemed to be members of a "group" for the purposes of the Securities Exchange Act of 1934 by virtue of being parties to the Life Time Group Holdings, Inc. Third Amended and Restated Stockholders Agreement (the "Stockholders Agreement"). Each Reporting Person disclaims beneficial ownership of any securities deemed to be owned by the group that are not directly owned by such Reporting Person. This report shall not be deemed an admission that the Reporting Persons are members of a group or the beneficial owners of any securities not directly owned by the Reporting Persons. The Reporting Persons disclaim beneficial ownership of any such securities except to the extent of their pecuniary interest, if any, therein. Pursuant to the Stockholders Agreement, Mr. Andres Small, an employee of an affiliate of the Reporting Persons, serves on the Issuer's board of directors as the Reporting Persons' representative. By: /s/ Andres Small, Authorized Signatory of Partners Group (USA) Inc., investment manager of Partners Group Private Equity (Master Fund), LLC 2021-10-22 By: /s/ Jordi Goodman, Director of Partners Group US Management II LLC, manager of Partners Group Private Equity II, LLC 2021-10-22 By: /s/ Jordi Goodman, Director of Partners Group US Management II LLC, manager of Partners Group Series Access II, LLC 2021-10-22 By: /s/ Laine Shorto, Authorized Signatory of Partners Group Management (Scots) LLP, general partner of Partners Group Access 83 PF LP 2021-10-22