13F-HR 1 blum13f0307.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: March 31, 2007 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 May 15, 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: $2,920,075 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AVID TECHNOLOGY, INC. COM 05367P100 252981 7252883 SH SOLE 7252883 BOSTON SCIENTIFIC CORP. COM 101137107 8962 616400 SH SOLE 616400 CAREER EDUCATION CORP. COM 141665109 241170 7907200 SH SOLE 7907200 CB RICHARD ELLIS GROUP INC. COM 12497T101 838829 24541511 SH SOLE 24541511 ELECTRONICS FOR IMAGING, INC. COM 286082102 75635 3225352 SH SOLE 3225352 ERESEARCH TECHNOLOGY, INC. COM 29481V108 67040 8529236 SH SOLE 8529236 GETTY IMAGES, INC. COM 374276103 165835 3410133 SH SOLE 3410133 THE HOME DEPOT, INC. COM 437076102 3674 100000 SH SOLE 100000 ITT EDUCATIONAL SERVICES, INC. COM 45068B109 61117 750000 SH SOLE 750000 JANUS CAPITAL GROUP, INC. COM 47102X105 380799 18211322 SH SOLE 18211322 KINETIC CONCEPTS, INC. COM 49460W208 257999 5094753 SH SOLE 5094753 LCA-VISION, INC. COM 501803308 16970 412000 SH SOLE 412000 LORAL SPACE & COMMUNICATIONS, INC. COM 543881106 12299 241733 SH SOLE 241733 MACROVISION CORP. COM 555904101 66717 2663335 SH SOLE 2663335 NU SKIN ENTERPRISES, INC. CL A COM 67018T105 56699 3432173 SH SOLE 3432173 PRG-SCHULTZ INTERNATIONAL, INC. COM 69357C503 13142 919601 SH SOLE 919601 SPRINT NEXTEL CORP. COM 852061900 5688 300000 SH CALL SOLE 300000 SYMANTEC CORP. COM 871503108 3979 230000 SH SOLE 230000 SYMMETRY MEDICAL, INC. COM 871546206 27478 1682700 SH SOLE 1682700 UCBH HOLDINGS INC. COM 90262T308 53076 2850499 SH SOLE 2850499 USG CORP. COM 903293405 112032 2400000 SH SOLE 2400000 WEBSENSE, INC COM 947684106 70256 3055938 SH SOLE 3055938 WILLIAMS SONOMA, INC. COM 969904101 67374 1900000 SH SOLE 1900000 ZEBRA TECHNOLOGIES CORP. CL A COM 989207105 60324 1562400 SH SOLE 1562400