13F-HR 1 blum13f1206.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2006 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Blum Capital Partners, L.P. Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 File 13F File Number: [28-4768] The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, and all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Gregory D. Hitchan Title: Partner, Chief Operating Officer, General Counsel and Secretary Phone: (415) 434-1111 Signature, Place, and Date of Signing: /s/ Gregory D. Hitchan San Francisco, California February 14, 2007 Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: NONE I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE ACT OF 1934. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 24 Form 13F Information Table Value Total: $2,798,601 List of Other Included Managers: NONE 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- APOLLO GROUP, INC. COM 037604905 3897 100000 SH CALL SOLE 100000 AVID TECHNOLOGY, INC. COM 05367P100 235986 6333483 SH SOLE 6333483 BOSTON SCIENTIFIC CORP. COM 101137107 13167 766400 SH SOLE 766400 CAREER EDUCATION CORP. COM 141665109 162309 6550000 SH SOLE 6550000 CB RICHARD ELLIS GROUP INC. COM 12497T101 814778 24541511 SH SOLE 24541511 ELECTRONICS FOR IMAGING, INC. COM 286082102 46126 1735352 SH SOLE 1735352 ERESEARCH TECHNOLOGY, INC. COM 29481V108 59383 8823583 SH SOLE 8823583 GETTY IMAGES, INC. COM 374276103 114412 2671933 SH SOLE 2671933 HARRIS INTERACTIVE INC. COM 414549105 3024 600000 SH SOLE 600000 THE HOME DEPOT, INC. COM 437076102 9839 245000 SH SOLE 245000 ITT EDUCATIONAL SERVICES, INC. COM 45068B109 230644 3475130 SH SOLE 3475130 JANUS CAPITAL GROUP, INC. COM 47102X105 393182 18211322 SH SOLE 18211322 KINETIC CONCEPTS, INC. COM 49460W208 178361 4509753 SH SOLE 4509753 LINCOLN EDUCATIONAL SERVICES CORP. COM 533535100 19370 1435878 SH SOLE 1435878 MACROVISION CORP. COM 555904101 75266 2663335 SH SOLE 2663335 NU SKIN ENTERPRISES, INC. CL A COM 67018T105 123284 6762710 SH SOLE 6762710 PAXAR CORP. COM 704227107 57406 2489411 SH SOLE 2489411 PRG-SCHULTZ INTERNATIONAL, INC. COM 69357C503 7406 925771 SH SOLE 925771 SPRINT NEXTEL CORP. COM 852061900 5667 300000 SH CALL SOLE 300000 SYMANTEC CORP. COM 871503108 9695 465000 SH SOLE 465000 UAP HOLDINGS CORP. COM 903441103 78836 3130881 SH SOLE 3130881 UCBH HOLDINGS INC. COM 90262T308 50055 2850499 SH SOLE 2850499 WILLIAMS SONOMA, INC. COM 969904101 59736 1900000 SH SOLE 1900000 ZEBRA TECHNOLOGIES CORP. CL A COM 989207105 46772 1344400 SH SOLE 1344400