13F-HR 1 blum13f123107.txt 13F FOR PERIOD ENDED DECEMBER 31, 2007 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, 2007 Check here if Amendment [ ]; Amendment Number: This Amendment: [ ] 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, 2008 Report Type: [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: NONE * * * * * FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 19 Form 13F Information Table Value Total: $2,153,688 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 ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMERICAN REPROGRAPHICS COMPANY COM 029263100 36256 2200000 SH SOLE 2200000 AVID TECHNOLOGY, INC. COM 05367P100 194397 6859442 SH SOLE 6859442 CAREER EDUCATION CORP. COM 141665109 294529 11715561 SH SOLE 11715561 CB RICHARD ELLIS GROUP, INC. COM 12497T101 471112 21861364 SH SOLE 21861364 COLLECTIVE BRANDS, INC. COM 19421W100 27739 1595114 SH SOLE 1595114 DISCOVER FINANCIAL SERVICES, LLC COM 254709108 2865 190000 SH SOLE 190000 ELECTRONICS FOR IMAGING, INC. COM 286082102 64790 2882111 SH SOLE 2882111 ERESEARCH TECHNOLOGY, INC. COM 29481V108 87808 7428769 SH SOLE 7428769 FIRST AMERICAN CORP. COM 318522307 60324 1768000 SH SOLE 1768000 GETTY IMAGES, INC. COM 374276103 84027 2897492 SH SOLE 2897492 KINETIC CONCEPTS, INC. COM 49460W208 371937 6964926 SH SOLE 6964926 MACROVISION CORP. COM 555904101 49432 2696760 SH SOLE 2696760 MONEYGRAM INTERNATIONAL, INC. COM 60935Y109 125573 8170000 SH SOLE 8170000 NU SKIN ENTERPRISES, INC. CL A COM 67018T105 53540 3258650 SH SOLE 3258650 NUTRISYSTEM, INC. COM 67069d108 15908 589618 SH SOLE 589618 PRG-SCHULTZ INTERNATIONAL, INC. COM 69357C503 38869 4535530 SH SOLE 4535530 SYMMETRY MEDICAL, INC. COM 871546206 28923 1659404 SH SOLE 1659404 WILLIAMS SONOMA, INC. COM 969904101 78658 3036980 SH SOLE 3036980 ZEBRA TECHNOLOGIES CORP. CL A COM 989207105 67001 1930851 SH SOLE 1930851