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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 KYyBvyvRyytbfEf3ukwrJxNAV134a0IMwNYFYFJ7I7JFxpBLMr9B187Sh+9n5odT
 YkfVSqW2UUnMxI2cKsQLZw==

<SEC-DOCUMENT>0000938775-04-000170.txt : 20041115
<SEC-HEADER>0000938775-04-000170.hdr.sgml : 20041115
<ACCEPTANCE-DATETIME>20041112235318
ACCESSION NUMBER:		0000938775-04-000170
CONFORMED SUBMISSION TYPE:	13F-HR
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20040930
FILED AS OF DATE:		20041115
DATE AS OF CHANGE:		20041112
EFFECTIVENESS DATE:		20041115

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BLUM CAPITAL PARTNERS LP
		CENTRAL INDEX KEY:			0000938775
		IRS NUMBER:				943205364
		STATE OF INCORPORATION:			CA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		13F-HR
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	028-04768
		FILM NUMBER:		041141373

	BUSINESS ADDRESS:	
		STREET 1:		909 MONTGOMERY STREET # 400
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94133
		BUSINESS PHONE:		4154341111

	MAIL ADDRESS:	
		STREET 1:		909 MONTGOMERY STREET
		STREET 2:		SUITE 400
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94133

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BLUM RICHARD C & ASSOCIATES L P
		DATE OF NAME CHANGE:	19970219
</SEC-HEADER>
<DOCUMENT>
<TYPE>13F-HR
<SEQUENCE>1
<FILENAME>blum13f0904.txt
<TEXT>
<TABLE>
                                                                  FORM 13F INFORMATION TABLE
                                                           VALUE   SHARES/  SH/ PUT/ INVSTMT    OTHER          VOTING AUTHORITY
        NAME OF ISSUER          TITLE OF CLASS    CUSIP   (x$1000) PRN AMT  PRN CALL DSCRETN   MANAGERS     SOLE    SHARED    NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- --------
<S>                            <C>              <C>       <C>      <C>      <C> <C>  <C>     <C>          <C>      <C>      <C>
ADVISORY BOARD COMPANY THE     COM              00762W107     5040   149986 SH       SOLE                   149986
BISYS GROUP, INC.              COM              055472104    54932  3759900 SH       SOLE                  3759900
CB RICHARD ELLIS GROUP INC.    COM              12497T101   671017 29048352 SH       SOLE                 29048352
CERIDIAN CORPORATION           COM              156779100     6215   337600 SH       SOLE                   337600
COPART, INC.                   COM              217204106    41466  2190500 SH       SOLE                  2190500
FAIR ISAAC CORPORATION         COM              303250104    22484   770000 SH       SOLE                   770000
FIRST HEALTH GROUP CORP.       COM              320960107    40857  2539266 SH       SOLE                  2539266
HEALTH MANAGEMENT ASSOC. INC.  COM              421933102    58369  2857000 SH       SOLE                  2857000
ITT EDUCATIONAL SERVICES, INC. COM              45068B109   190748  5291200 SH       SOLE                  5291200
KINETIC CONCEPTS, INC.         COM              49460W208   253412  4822309 SH       SOLE                  4822309
LINCARE HOLDINGS               COM              532791100    70561  2375000 SH       SOLE                  2375000
MCAFFEE INC.                   COM              579064106     4112   204600 SH       SOLE                   204600
PEGASUS SOLUTIONS INC          COM              705906105    36853  3091695 SH       SOLE                  3091695
PERINI CORPORATION             COM              713839108    44451  3117147 SH       SOLE                  3117147
PRG-SCHULTZ INTERNATIONAL      COM              69357C107    53307  9287073 SH       SOLE                  9287073
PRG-SCHULTZ INTERNATIONAL      NOTE 4.75% 11/06 69357CAA5    35376  4651939 SH       SOLE                  4651939
RENAL CARE GROUP, INC.         COM              759930100    99504  3087316 SH       SOLE                  3087316
SYNOPSYS INC                   COM              871607107   164222 10420188 SH       SOLE                 10420188
TCF FINANCIAL CORPORATION      COM              872275102    35494  1171800 SH       SOLE                  1171800
TIFFANY & COMPANY              COM              886547108    32800  1067000 SH       SOLE                  1067000
URS CORP                       COM              903236107   180915  6780907 SH       SOLE                  6780907
WESTERN WIRELESS CORPORATION   COM              95988E204    39455  1534600 SH       SOLE                  1534600
</TABLE>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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