-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, TR7Pr9X3gZDiBeQtVZhKr/xkkqEqyG26OsPP3212SD3nsu8StK9eStYjnSWjI//b 83JiVrCiJT2WO90Ke36KUA== 0001011723-99-000021.txt : 19990125 0001011723-99-000021.hdr.sgml : 19990125 ACCESSION NUMBER: 0001011723-99-000021 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990122 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: US REALTY PARTNERS LTD PARTNERSHIP CENTRAL INDEX KEY: 0000788955 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE OPERATORS (NO DEVELOPERS) & LESSORS [6510] IRS NUMBER: 570814502 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-55083 FILM NUMBER: 99509565 BUSINESS ADDRESS: STREET 1: 1873 SOUTH BELLAIRE STREET STREET 2: 17TH FLOOR CITY: DENVER STATE: CO ZIP: 80222 BUSINESS PHONE: 3037578101 MAIL ADDRESS: STREET 1: 1873 SOUTH BELLAIRE STREET STREET 2: 17TH FLOOR CITY: DENVER STATE: CO ZIP: 80222 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SUTTER OPPORTUNITY FUND LLC CENTRAL INDEX KEY: 0001067652 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 595 MARKET ST STREET 2: SUITE 2100 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 4159771500X220 MAIL ADDRESS: STREET 1: 595 MARKET ST STREET 2: SUITE 2100 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 SC 13G 1 INITIAL FILING UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 U.S. Realty Partners Limited Partnership --------------------------------------- (Name of Issuer) Depositary Unit Certificates --------------------------------------- (Title of Class of Securities) 912 440 104 ------------------ (CUSIP Number) January 20, 1999 ------------------------------------------------------------------- (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) [ X ] 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). (Continued on following pages(s)) SCHEDULE 13G - -------------------------------------------------------------------------------- 1) Name of Reporting Person I.R.S. Identification Nos. of above persons (entities only) Sutter Opportunity Fund, LLC - -------------------------------------------------------------------------------- 2) Check the Appropriate Box (a) if a Member of a Group ---------------------------- (See Instructions) (b) ---------------------------- - -------------------------------------------------------------------------------- 3) SEC Use Only - -------------------------------------------------------------------------------- 4) Citizenship or Place of Organization California - -------------------------------------------------------------------------------- Number of Shares (5) Sole Voting Power Beneficially Owned by Each Reporting 67,047 Depositary Unit Certificates Person with (6) Shared Voting Power 67,047 Depositary Unit Certificates (7) Sole Dispositive Power 67,047 Depositary Unit Certificates (8) Shared Dispositive Power 67,047 Depositary Unit Certificates - ------------------------------------------------------------------------------- 9) Aggregate Amount Beneficially Owned by Each Reporting Person 67,047 Depositary Unit Certificates - -------------------------------------------------------------------------------- 10) Check if the Aggregate Amount [ ] in Row 9 Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11) Percent of Class Represented by Amount in Row 9 5.49% - -------------------------------------------------------------------------------- 12) Type of Reporting Person OO (See Instructions) - -------------------------------------------------------------------------------- Item 1. - ------ (a) The name of issuer as to whose securities this statement relates is U. S. Realty Partners Limited Partnership (the "Issuer"). (b) The address of the Issuer's principal place of business is 55 Beattie Place, Greenville, South Carolina 29602. Item 2. - ------- (a-c) Sutter Opportunity Fund, LLC (the "Reporting Person"), is a California limited liability company. Sutter Opportunity Fund, LLC is managed by its managing member, Sutter Capital Management, LLC, a California limited liability company, which is in turn managed by its managing member, Robert E. Dixon, a California resident and Canadian citizen. The principal business address of each of the entities and Mr. Dixon is 595 Market Street, Suite 2100, San Francisco, California 94105. The Reporting Person has acquired the subject securities in the ordinary course of its business of securities investment and not with the purpose or effect of changing or influencing control of the issuer or in connection with or as a participatant in any transaction having that purpose or effect. (d-3) The subject securities are the Issuee's Depositary Unit Certificate ("DUC"s), CUSIP # 912 440 104. 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: (a-i) Not applicable. Item 4. Ownership. - ------ --------- (a-c) The Reporting Person will have voting and disposition power, whether deemed sole or shared, over a total of 67,047 Depositary Unit Certificates. 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. - ------ --------------------------------------------------------------- The subject shares are all owned by the Reporting Person on behalf of its equity owners. No person's interest in the Reporting Person represents ownership of in excess of 5% of the class outstanding. None of the Reporting Person's equity owners has any direct ownership or control of the subject securities. 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, the undersigned certify that, to the best of its 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 the knowledge and belief of the undersigned, we certify that the information set forth in this statement is true, complete and correct. Date: January 21, 1999 Sutter Opportunity Fund, LLC By: Sutter Capital Management, LLC Manager By: /s/ Robert E. Dixon Manager -----END PRIVACY-ENHANCED MESSAGE-----