-----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, ThiJLLKq5dfdv1JiisHvzUg+UVohJ4uNMTaLcdjL1AhFIN5GaI96aSwZBvuhZAvU w+JbYgyWQ08eE2f40ysRiQ== 0000950123-99-000792.txt : 19990210 0000950123-99-000792.hdr.sgml : 19990210 ACCESSION NUMBER: 0000950123-99-000792 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990209 GROUP MEMBERS: WHITNEY 1990 EQUITY FUND, L.P. GROUP MEMBERS: WHITNEY JH & CO GROUP MEMBERS: WHITNEY SUBORDINATED DEBT FUND L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCE PARADIGM INC CENTRAL INDEX KEY: 0001012956 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISC HEALTH & ALLIED SERVICES, NEC [8090] IRS NUMBER: 752493381 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: SEC FILE NUMBER: 005-48759 FILM NUMBER: 99524925 BUSINESS ADDRESS: STREET 1: 545 E JOHN CARPENTER FREEWAY STREET 2: STE 1570 CITY: IRVING STATE: TX ZIP: 75062 BUSINESS PHONE: 2148306199 MAIL ADDRESS: STREET 1: 545 E JOHN CARPENTER FREEWAY SUITE 1900 STREET 2: 545 E JOHN CARPENTER FREEWAY SUITE 1900 CITY: IRVING STATE: TX ZIP: 75062 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: WHITNEY JH & CO CENTRAL INDEX KEY: 0000901399 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 177 BROAD STREET CITY: STAMFORD STATE: CT ZIP: 06901 BUSINESS PHONE: 2039731400 SC 13G/A 1 AMENDMENT NO. 2 TO SCHEDULE 13G 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. 2)* ADVANCE PARADIGM, INC. - -------------------------------------------------------------------------------- (Name of Issuer) COMMON STOCK - -------------------------------------------------------------------------------- (Title of Class of Securities) 007491103 ------------------------- (CUSIP Number) Not Applicable - -------------------------------------------------------------------------------- (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) [ ] Rule 13d-1(c) [ X ] 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 disclosures provided in a prior cover page. The information required on 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). 2 Page 2 of 9 Pages SCHEDULE 13G CUSIP NO. 007491103 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) J.H. WHITNEY & CO., A NEW YORK LIMITED PARTNERSHIP (IRS IDENTIFICATION NO. 13-1534455), THE GENERAL PARTNERS OF WHICH ARE MICHAEL C. BROOKS, PETER M. CASTLEMAN, JEFFREY R. JAY, WILLIAM LAVERACK, JR., RAY E. NEWTON, III, DANIEL J. O'BRIEN, MICHAEL R. STONE AND WHITNEY GENERAL PARTNER, L.L.C. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION A NEW YORK LIMITED PARTNERSHIP. ALL INDIVIDUAL GENERAL PARTNERS ARE UNITED STATES CITIZENS. WHITNEY GENERAL PARTNER, L.L.C. IS A DELAWARE LIMITED LIABILITY COMPANY. - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 10,000 SHARES OF COMMON STOCK SHARES BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 0 SHARES OF COMMON STOCK EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON 10,000 SHARES OF COMMON STOCK WITH 8 SHARED DISPOSITIVE POWER 0 SHARES OF COMMON STOCK 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 10,000 SHARES OF COMMON STOCK - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) /X/ - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.1% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- 3 Page 3 of 9 Pages SCHEDULE 13G CUSIP NO. 007491103 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) WHITNEY 1990 EQUITY FUND, L.P., A DELAWARE LIMITED PARTNERSHIP (IRS IDENTIFICATION NO. 06-1305466), THE GENERAL PARTNERS OF WHICH ARE MICHAEL C. BROOKS, PETER M. CASTLEMAN, JEFFREY R. JAY, WILLIAM LAVERACK, JR., RAY E. NEWTON, III, DANIEL J. O'BRIEN AND MICHAEL R. STONE. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION A DELAWARE LIMITED PARTNERSHIP. ALL GENERAL PARTNERS ARE UNITED STATES CITIZENS. - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER NUMBER OF 0 SHARES OF COMMON STOCK SHARES BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 0 SHARES OF COMMON STOCK EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 SHARES OF COMMON STOCK WITH 8 SHARED DISPOSITIVE POWER 0 SHARES OF COMMON STOCK 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 SHARES OF COMMON STOCK - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) /X/ - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- 4 Page 4 of 9 Pages SCHEDULE 13G CUSIP NO. 007491103 1 NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY) WHITNEY SUBORDINATED DEBT FUND, L.P., A DELAWARE LIMITED PARTNERSHIP (IRS IDENTIFICATION NO. 13-3526570), THE GENERAL PARTNERS OF WHICH ARE MICHAEL C. BROOKS, PETER M. CASTLEMAN, JAMES H. FORDYCE, JEFFREY R. JAY, WILLIAM LAVERACK, JR., RAY E. NEWTON, III, DANIEL J. O'BRIEN AND MICHAEL R. STONE. - -------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS) (a) / / (b) /X/ - -------------------------------------------------------------------------------- 3 SEC USE ONLY - -------------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION A DELAWARE LIMITED PARTNERSHIP. ALL GENERAL PARTNERS ARE UNITED STATES CITIZENS. - -------------------------------------------------------------------------------- 5 SOLE VOTING POWER 0 SHARES OF COMMON STOCK (ISSUABLE UPON EXERCISE OF WARRANT) NUMBER OF SHARES BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 0 SHARES OF COMMON STOCK EACH REPORTING 7 SOLE DISPOSITIVE POWER PERSON 0 SHARES OF COMMON STOCK (ISSUABLE UPON EXERCISE WITH OF WARRANT) 8 SHARED DISPOSITIVE POWER 0 SHARES OF COMMON STOCK 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 0 SHARES OF COMMON STOCK - -------------------------------------------------------------------------------- 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS) /X/ - -------------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 0.0% - -------------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON (SEE INSTRUCTIONS) PN - -------------------------------------------------------------------------------- 5 Page 5 of 9 Pages Item 1(a). Name of Issuer: Advance Paradigm, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 545 East John Carpenter Freeway Suite 1900 Irving, TX 75062 Item 2(a). Name of Person Filing: (i) J. H. Whitney & Co., a New York limited partnership. The names and business addresses of the general partners of J. H. Whitney & Co. are as follows: Michael C. Brooks, Peter M. Castleman, Jeffrey R. Jay, William Laverack, Jr., Ray E. Newton, III, Daniel J. O'Brien, Michael R. Stone and Whitney General Partner, L.L.C., the business address of each of whom is 177 Broad Street, Stamford, CT 06901. (ii) Whitney 1990 Equity Fund, L.P., a Delaware limited partnership. The names and business addresses of the general partners of Whitney 1990 Equity Fund, L.P. are as follows: Michael C. Brooks, Peter M. Castleman, Jeffrey R. Jay, William Laverack, Jr., Ray E. Newton, III, Daniel J. O'Brien and Michael R. Stone, the business address of each of whom is 177 Broad Street, Stamford, CT 06901. (iii) Whitney Subordinated Debt Fund, L.P., a Delaware limited partnership. The names and business addresses of the general partners of Whitney Subordinated Debt Fund, L.P. are as follows: Michael C. Brooks, Peter M. Castleman, James H. Fordyce, Jeffrey R. Jay, William Laverack, Jr., Ray E. Newton, III, Daniel J. O'Brien and Michael R. Stone, the business address of each of whom is 177 Broad Street, Stamford CT 06901. Item 2(b). Address of Principal Business Office or, if none, Residence: (i) J. H. Whitney & Co. 177 Broad Street Stamford, CT 06901 (ii) Whitney 1990 Equity Fund, L.P. 177 Broad Street Stamford, CT 06901 6 Page 6 of 9 Pages (iii) Whitney Subordinated Debt Fund, L.P. 177 Broad Street Stamford, CT 06901 Item 2(c). Citizenship: (i) J.H. Whitney & Co. is a New York limited partnership. All of its individual general partners are citizens of the United States. Whitney General Partner, L.L.C. is a Delaware limited liability company. (ii) Whitney 1990 Equity Fund, L.P. is a Delaware limited partnership. All of its general partners are citizens of the United States. (iii) Whitney Subordinated Debt Fund, L.P. is a Delaware limited partnership. All of its general partners are citizens of the United States. Item 2(d). Title of Class of Securities: Common Stock. Item 2(e). CUSIP Number: 007491103 Item 3. Inapplicable. Item 4. Ownership: The following information is provided as of December 31, 1998: (a) Amount Beneficially Owned: (i) J. H. Whitney & Co. is the beneficial owner of 10,000 shares.(1) - -------- (1) The figure for the amount beneficially owned by each of J.H. Whitney & Co., Whitney 1990 Equity Fund, L.P. and Whitney Subordinated Debt Fund, L.P. does not include 10,000 shares issuable upon the exercise of options held by Jeffrey R. Jay, as to which shares J.H. Whitney & Co., Whitney 1990 Equity Fund, L.P. and Whitney Subordinated Debt Fund, L.P. disclaim beneficial ownership. J. H. Whitney & Co., Whitney 1990 Equity Fund, L.P. and Whitney Subordinated Debt Fund, L.P. disclaim the existence of a group with respect to the Common Stock of the issuer, and each disclaims beneficial ownership of the shares of (continued...) 7 Page 7 of 9 Pages (ii) Whitney 1990 Equity Fund, L.P. is the beneficial owner of 0 shares.(1) (iii) Whitney Subordinated Debt Fund, L.P. is the beneficial owner of 0 shares.(1) (b) Percent of Class: 0.1% for J. H. Whitney & Co.; 0.0% for Whitney 1990 Equity Fund, L.P.; and 0.0% for Whitney Subordinated Debt Fund, L.P. (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: 10,000 shares for J. H. Whitney & Co.; 0 shares for Whitney 1990 Equity Fund, L.P.; and 0 shares for Whitney Subordinated Debt Fund, L.P. (ii) shared power to vote or to direct the vote: 0 shares for J. H. Whitney & Co.; 0 shares for Whitney 1990 Equity Fund, L.P.; and 0 shares for Whitney Subordinated Debt Fund, L.P. (iii) sole power to dispose or to direct the disposition of: 10,000 shares for J. H. Whitney & Co.; 0 shares for Whitney 1990 Equity Fund, L.P.; and 0 shares for Whitney Subordinated Debt Fund, L.P. (iv) shared power to dispose or to direct the disposition of: 0 shares for J. H. Whitney & Co.; 0 shares for Whitney 1990 Equity Fund, L.P.; and 0 shares for Whitney Subordinated Debt Fund, L.P. - -------- (1) (...continued) Common Stock owned by the others. 8 Page 8 of 9 Pages Item 5. Ownership of Five Percent or Less of a Class: As of the date hereof, the reporting persons are not the beneficial owners of more than five percent of the issuer's Common Stock. Item 6. Ownership of More than Five Percent on Behalf of Another Person: No other person has the right to receive or the power to direct the receipt of dividends from, or proceeds from the sale of, the securities owned by J. H. Whitney & Co., Whitney 1990 Equity Fund, L.P. and Whitney Subordinated Debt Fund, L.P. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company: Inapplicable. Item 8. Identification and Classification of Members of the Group: Inapplicable. Item 9. Notice of Dissolution of Group: Inapplicable. Item l0. Certification: Inapplicable. 9 Page 9 of 9 Pages After reasonable inquiry and to the best of its knowledge and belief, each of J. H. Whitney & Co., Whitney 1990 Equity Fund, L.P. and Whitney Subordinated Debt Fund certifies that the information set forth in this statement is true, complete and correct. Dated: February 5, 1999 J. H. WHITNEY & CO. By: /s/ Daniel J. O'Brien --------------------------------- Daniel J. O'Brien General Partner WHITNEY 1990 EQUITY FUND, L.P. By: /s/ Daniel J. O'Brien --------------------------------- Daniel J. O'Brien General Partner WHITNEY SUBORDINATED DEBT FUND, L.P. By: /s/ Daniel J. O'Brien --------------------------------- Daniel J. O'Brien General Partner -----END PRIVACY-ENHANCED MESSAGE-----