-----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, B+LA71ftob0uxcG+i49ri+4UphYXXQLHGvL2RRU86lWtCXbsPq8gWhbhRQhY52rT cLfJhtHxDvGpsbmtf8WMUg== 0001144204-06-006180.txt : 20060214 0001144204-06-006180.hdr.sgml : 20060214 20060214170038 ACCESSION NUMBER: 0001144204-06-006180 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20060214 DATE AS OF CHANGE: 20060214 GROUP MEMBERS: J.P. MORGAN CAPITAL, L.P. GROUP MEMBERS: J.P. MORGAN CORSAIR II OFFSHORE CAPITAL PARTNERS, L.P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) II, L.P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) III, L.P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) IV, L.P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN), L.P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS A, L.P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVESTORS, L.P. GROUP MEMBERS: J.P. MORGAN PARTNERS GLOBAL INVSTRS (CAYMAN/SELLDW) IV, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: AXIS CAPITAL HOLDINGS LTD CENTRAL INDEX KEY: 0001214816 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-79165 FILM NUMBER: 06616680 BUSINESS ADDRESS: STREET 1: 106 PITTS BAY ROAD CITY: PEMBROKE STATE: D0 ZIP: 00000 BUSINESS PHONE: 4412962600 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JP MORGAN PARTNERS BHCA LP CENTRAL INDEX KEY: 0001106607 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: J.P. MORGAN PARTNERS STREET 2: 1221 AVENUE OF THE AMERICAS 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 BUSINESS PHONE: 2128993400 MAIL ADDRESS: STREET 1: J.P. MORGAN PARTNERS STREET 2: 1221 AVENUE OF THE AMERICAS 40TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10020 FORMER COMPANY: FORMER CONFORMED NAME: CHASE EQUITY ASSOCIATES LLC DATE OF NAME CHANGE: 20000214 SC 13G/A 1 v035435_sc13ga.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 SCHEDULE 13G UNDER THE SECURITIES EXCHANGE ACT OF 1934 (RULE 13D-102) (AMENDMENT NO. 2) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULE 13D-1(B)(C), AND (D) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13D-2(B) (AMENDMENT NO. 1)* Axis Capital Holdings Limited - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock - -------------------------------------------------------------------------------- (Title of Class of Securities) 2677606 --------------------------------------------------------------------- (CUSIP Number) December 31, 2005 - -------------------------------------------------------------------------------- (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 the disclosures provided in a prior cover page. The information required in 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). - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners (BHCA), L.P. 13-3371826 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 0 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power - -------------------------------------------------------------------------------- 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) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors, L.P. 13-4197054 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 0 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power ---------------------------------------------------------- 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) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors A, L.P. 26-0032493 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 0 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power ---------------------------------------------------------- 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) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors (Cayman), L.P. 13-4197057 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 0 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power ---------------------------------------------------------- 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) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors (Cayman) II, L.P. 26-0005546 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 0 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power ---------------------------------------------------------- 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) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors (Cayman) III, L.P. 13-4197063 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 0 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power ---------------------------------------------------------- 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) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors (Cayman IV), L.P. 13-4197064 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 0 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power ---------------------------------------------------------- 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) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors (Cayman/Selldown) III, L.P. 98-0440874 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 0 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power ---------------------------------------------------------- 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) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Partners Global Investors (Cayman/Selldown) IV, L.P. 98-0440873 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- 5. Sole Voting Power 0 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 0 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power ---------------------------------------------------------- 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) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 0% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Capital, L.P. 13-4133600 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Delaware - -------------------------------------------------------------------------------- 5. Sole Voting Power 3,763,524 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 3,763,524 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power ---------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,763,524 shares of Common Stock - -------------------------------------------------------------------------------- 10. Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 2.4% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- 1. Names of Reporting Persons. I.R.S. Identification Nos. of above persons (entities only). J.P. Morgan Corsair II Offshore Capital Partners, L.P. 980339267 - -------------------------------------------------------------------------------- 2. Check the Appropriate Box if a Member of a Group (See Instructions) (a) (b) - -------------------------------------------------------------------------------- 3. SEC Use Only - -------------------------------------------------------------------------------- 4. Citizenship or Place of Organization Cayman Islands - -------------------------------------------------------------------------------- 5. Sole Voting Power 3,763,524 shares of Common Stock Number of ---------------------------------------------------------- Shares 6. Shared Voting Power Beneficially Owned by Each ---------------------------------------------------------- Reporting 7. Sole Dispositive Power Person With: 3,763,524 shares of Common Stock ---------------------------------------------------------- 8. Shared Dispositive Power ---------------------------------------------------------- 9. Aggregate Amount Beneficially Owned by Each Reporting Person 3,763,524 shares of Common Stock - -------------------------------------------------------------------------------- 10. Check box if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions) - -------------------------------------------------------------------------------- 11. Percent of Class Represented by Amount in Row (9) 2.4% - -------------------------------------------------------------------------------- 12. Type of Reporting Person (See Instructions) PN - -------------------------------------------------------------------------------- ITEM 1. (a) NAME OF ISSUER: Axis Capital Holdings Limited (b) ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 106 Pitts Bay Road Pembroke, HM 08 Bermuda ITEM 2.
(a) NAME OF PERSON FILING: J.P. Morgan Partners (BHCA), L.P. ("JPMP (BHCA)") J.P. Morgan Partners Global Investors, L.P. ("JPMP Global") J.P. Morgan Partners Global Investors A, L.P. ("JPMP Global A") J.P. Morgan Partners Global Investors (Cayman), L.P. ("JPMP Cayman") J.P. Morgan Partners Global Investors (Cayman) II, L.P. ("JPMP Cayman II") J.P. Morgan Partners Global Investors (Cayman) III, L.P. ("JPMP Cayman III") J.P. Morgan Partners Global Investors (Cayman) IV, L.P. ("JPMP Cayman IV") J.P. Morgan Partners Global Investors (Cayman/Selldown) III, L.P. ("JPMP Selldown III") J.P. Morgan Partners Global Investors (Cayman/Selldown) IV, L.P. ("JPMP Selldown IV") J.P. Morgan Capital, L.P. ("Morgan Capital") J.P. Morgan Corsair II Offshore Capital Partners, L.P. ("Corsair")
(b) ADDRESS OF PRINCIPAL BUSINESS OFFICE OR, IF NONE, RESIDENCE: All Reporting Persons (other than Corsair): c/o J.P. Morgan Partners, LLC 1221 Avenue of the Americas New York, New York 10020 Corsair: 277 Park Avenue New York, NY 10172 See also supplemental information relating to principal business office is included in Exhibit 2(a) attached hereto. (c) CITIZENSHIP: JPMP (BHCA) : Delaware JPMP Global : Delaware JPMP Global A : Delaware JPMP Cayman : Cayman Islands JPMP Cayman II : Cayman Islands JPMP Cayman III : Cayman Islands JPMP Cayman IV : Cayman Islands JPMP Selldown III: Cayman Islands JPMP Selldown IV : Cayman Islands Morgan Capital : Delaware Corsair : Delaware (d) TITLE OF CLASS OF SECURITIES (OF ISSUER): Common Stock (e) CUSIP NUMBER: 2677606 ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SS.SS. 240. 13D-1(B) OR 240. 13D-2(B) OR (C), CHECK WHETHER THE PERSON FILING IS A: Not applicable. ITEM 4. OWNERSHIP (a) AMOUNT BENEFICIALLY OWNED: JPMP (BHCA): 0 JPMP Global: 0 JPMP Global A: 0 JPMP Cayman: 0 JPMP Cayman II: 0 JPMP Cayman III: 0 JPMP Cayman IV: 0 JPMP Selldown III: 0 JPMP Selldown IV: 0 Morgan Capital: 3,763,524 Corsair: 3,763,524 Under a Co-Investment Agreement between Morgan Capital and Corsair (the "Co-Investment Agreement"), Morgan Capital co-invests side by side 23% of every investment made by Corsair. The Co-Investment Agreement provides that Morgan Capital has the same economic rights and obligations as a limited partner in Corsair. Morgan Capital is the record owner of 865,611 shares of the Issuer's Common Stock. Corsair is the record owner of 2,897,913 shares of the Issuer's Common Stock. Thus, Corsaid has voting and investment power over the Issuer's Common Stock. As a result of the Co-Investment Agreement, pursuant to Rule 13d-5(b)(1) under the Securities Exchange Act of 1934, Corsair and Morgan Capital may be deemed to be members of a group and each member of a group is a beneficial owner of all shares owned by each member of the group. Thus, Morgan Capital may be deemed to beneficially own 3,763,524 shars of the Issuer's Common Stock. (b) PERCENT OF CLASS: JPMP (BHCA): 0% (as of December 31, 2005) JPMP Global: 0% (as of December 31, 2005) JPMP Global A: 0% (as of December 31, 2005) JPMP Cayman: 0% (as of December 31, 2005) JPMP Cayman II: 0% (as of December 31, 2005) JPMP Cayman III: 0% (as of December 31, 2005) JPMP Cayman IV: 0% (as of December 31, 2005) JPMP Selldown III: 0% (as of December 31, 2005) JPMP Selldown IV: 0% (as of December 31, 2005) Morgan Capital: 2.4% (as of December 31, 2005) Corsair: 2.4% (as of December 31, 2004) (c) NUMBER OF SHARES AS TO WHICH SUCH PERSON HAS: (i) JPMP (BHCA): 0 JPMP Global: 0 JPMP Global A: 0 JPMP Cayman: 0 JPMP Cayman II: 0 JPMP Cayman III: 0 JPMP Cayman IV: 0 JPMP Selldown III: 0 JPMP Selldown IV: 0 Morgan Capital: 3,763,524 Corsair: 3,763,524 (ii) Not applicable (iii) JPMP (BHCA): 0 JPMP Global: 0 JPMP Global A: 0 JPMP Cayman: 0 JPMP Cayman II: 0 JPMP Cayman III: 0 JPMP Cayman IV: 0 JPMP Selldown III: 0 JPMP Selldown IV: 0 Morgan Capital: 3,763,524 Corsair: 3,763,524 (iv) Not applicable ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS If this statement is being filed to report the fact that as of the date hereto the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of securities, check the following [x]. ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON Not applicable. ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON Not applicable. ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP Not applicable. ITEM 9. NOTICE OF DISSOLUTION OF GROUP Not applicable. ITEM 10. CERTIFICATION Not applicable SIGNATURE After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. Date: February 14, 2006 J.P. MORGAN PARTNERS (BHCA), L.P. By: JPMP Master Fund Manager, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P, MORGAN PARTNERS GLOBAL INVESTORS A, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN), L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN/SELLDOWN) III, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN/SELLDOWN) IV, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) II, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) III, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) IV, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN CAPITAL, L.P. By: JPMP Capital, LLC, its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN CORSAIR II OFFSHORE CAPITAL PARTNERS, L.P. By: Corsair II Offshore, L.L.C. its General Partner By: Corsair II, L.P., its Managing Member By: Corsair II, L.L.C., its General Partner By: /s/ Amy M. Soeda ---------------------------------------- Name: Amy M. Soeda Title: Chief Financial Officer EXHIBIT 2(A) ITEM 2. IDENTITY AND BACKGROUND. This statement is being filed by J.P. Morgan Partners (BHCA), L.P., a Delaware limited partnership (hereinafter referred to as "JPMP (BHCA)"), whose principal business office is located 1221 Avenue of the Americas, New York, New York 10020. JPMP (BHCA) is engaged in the venture capital, private equity and leveraged buyout business. The general partner of JPMP (BHCA) is JPMP Master Fund Manager, L.P., a Delaware limited partnership (hereinafter referred to as "JPMP Master Fund"), whose principal business office is located at the same address as JPMP (BHCA), and is also engaged directly and indirectly (through affiliates) in the venture capital, private equity and leveraged buyout business. As general partner of JPMP (BHCA), JPMP Master Fund may be deemed to beneficially own the shares held by JPMP (BHCA). This statement is also being filed by J.P. Morgan Partners Global Investors, L.P., a Delaware limited partnership ("JPMP Global"), whose principal place of business is located at the same address as JPMP (BHCA); J.P. Morgan Partners Global Investors A, L.P., a Delaware limited partnership ("JPMP Global A"), whose principal place of business is located at the same address as JPMP (BHCA); J.P. Morgan Partners Global Investors (Cayman), L.P., a limited partnership organized under the laws of the Cayman Islands ("JPMP Cayman"), whose principal place of business is located at the same address as JPMP (BHCA); J.P. Morgan Partners Global Investors (Cayman) II, L.P., a limited partnership organized under the laws of the Cayman Islands ("JPMP Cayman II"), whose principal place of business is located at the same address as JPMP (BHCA); J.P. Morgan Partners Global Investors (Cayman) III, L.P., a limited partnership organized under the laws of the Cayman Islands ("JPMP Cayman III"), whose principal place of business is located at the same address as JPMP (BHCA); and J.P. Morgan Partners Global Investors (Cayman) IV, L.P., a limited partnership organized under the laws of the Cayman Islands ("JPMP Cayman IV"); J.P. Morgan Partners Global Investors (Cayman/Selldown) III, L.P. ("JPMP Selldown") and J.P. Morgan Partners Global Investors (Cayman/Selldown) IV,L.P. ("JPMP Selldown IV") and collectively with JPMP Global, JPMP Global A, JPMP Cayman, JPMP Cayman II and JPMP Cayman III, JPMP Selldown the "Global Fund Entities"), whose principal place of business is located at the same address as JPMP (BHCA) ). Each of the Global Fund Entities is also engaged in the venture capital, private equity and leveraged buyout business. The general partner of each of the Global Fund Entities is J.P. Morgan Partners Global Investors, L.P., a Delaware limited partnership ("JPMP Investors"), whose principal place of business is located at the same address as JPMP (BHCA). JPMP Investors is engaged indirectly in the venture capital, private equity and leveraged buyout business as general partner of each of the Global Fund Entities. As general partner of each of the Global Fund Entities. JPMP Investors may be deemed to beneficially own the shares held by the Global Fund Entities. The general partner of each of JPMP Master Fund and JPMP Investors, L.P. is JPMP Capital Corp., a New York corporation (hereinafter referred to as "JPMP Capital Corp."), whose principal business office is located at the same address as JPMP (BHCA), and is also engaged directly and indirectly (through affiliates) in the venture capital, private equity and leveraged buyout business. Set forth in Schedule A hereto and incorporated herein by reference are the names, business addresses, principal occupations and employments of each executive officer and director of JPMP Capital Corp. As the general partner of each of JPMP Master Fund and JPMP Investors, JPMP Capital Corp. may be deemed to beneficially own the shares held by JPMP (BHCA) and the Global Fund Entities. This statement is also being filed by J.P. Morgan Capital, L.P., a Delaware limited partnership ("Morgan Capital"), whose principal place of business is located at the same address as JPMP (BHCA) and J.P. Morgan Corsair II Offshore Capital Partners, L.P., a limited partnership organized under the laws of the Cayman Islands ("Corsair"), whose principal place of business is located at 277 Park Avenue New York, New York 10172. Each of Morgan Capital and Corsair is engaged in the private equity and leveraged buyout business. The general partner of Corsair is Corsair II Offshore, L.L.C., a Delaware limited liability company ("Corsair LLC"), whose principal place of business is located at the same address as Corsair. Corsair LLC is also engaged directly and indirectly (through affiliates) in the private equity and leveraged buyout business. The Managing Member of Corsair LLC is Corsair II, L.P., a Delaware limited partnership ("Corsair LP"), whose principal place of business is located at the same address as Corsair. Corsair LP is also engaged directly and indirectly (through affiliates) in the private equity and leveraged buyout business. The general partner of Corsair LP is Corsair II, L.L.C., a Delaware limited liability company ("Corsair II"), whose principal place of business is located at the same address as Corsair. Corsair II is also engaged directly and indirectly (through affiliates) in the private equity and leveraged buyout business. Set forth in Schedule B hereto and incorporated herein by reference are the names, business addresses, principal occupations and employments of each executive officer and director of Corsair II. The Managing Member of Corsair II is J.P. Morgan Investment Partners, L.P., a Delaware limited partnership ("JPM Investment"), whose principal place of business is located at the same address as JPMP (BHCA). JPM Investment is also engaged directly and indirectly (through affiliates) in the private equity and leveraged buyout business. The general partner of Morgan Capital and JPM Investment is JPMP Capital, L.L.C. (formerly known as J.P. Morgan Capital Corporation), a Delaware limited liability company ("JPMP Capital"), whose principal place of business is located at the same address as JPMP (BHCA). JPMP Capital is also engaged directly and indirectly (through affiliates) in the venture capital, private equity and leveraged buyout business. Set forth in Schedule C hereto and incorporated herein by reference are the names, business addresses, principal occupations and employments of each executive officer and director of JPMP Capital. As general partner of Morgan Capital, JPMP Capital may be deemed to beneficially own the shares held by Morgan Capital. Each of JPMP Capital Corp. and JPMP Capital is a wholly owned subsidiary of JPMorgan Chase & Co., a Delaware corporation (hereinafter referred to as "JPMorgan Chase") which is engaged (primarily through subsidiaries) in the commercial banking business with its principal office located at 270 Park Avenue, New York, New York 10017. Set forth in Schedule D hereto and incorporated herein by reference are the names, business addresses, principal occupations and employments of each executive officer and director of JPMorgan Chase. EXHIBIT 2(B) JOINT FILING AGREEMENT The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint acquisition statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him or it contained therein, but shall not be responsible for the completeness and accuracy of the information concerning the other, except to the extent that he or it knows or has reason to believe that such information is accurate. Dated this 14 day of February, 2006. J.P. MORGAN PARTNERS (BHCA), L.P. By: JPMP Master Fund Manager, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President Page 22 of 31 SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 J.P, MORGAN PARTNERS GLOBAL INVESTORS A, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN), L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) II, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President Page 23 of 31 SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) III, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN) IV, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN/SELLDOWN) III, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President Page 24 of 31 SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 J.P. MORGAN PARTNERS GLOBAL INVESTORS (CAYMAN/SELLDOWN) IV, L.P. By: JPMP Global Investors, L.P., its General Partner By: JPMP Capital Corp., its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN CAPITAL, L.P. By: JPMP Capital LLC, its General Partner By: /s/ Jeffrey C. Walker ---------------------------------------- Name: Jeffrey C. Walker Title: President J.P. MORGAN CORSAIR II OFFSHORE CAPITAL PARTNERS, L.P. By: Corsair II Offshore, L.L.C. its General Partner By: Corsair II, L.P., its Managing Member By: Corsair II, L.L.C., its General Partner By: /s/ Amy M. Soeda ---------------------------------------- Name: Amy M. Soeda Title: Chief Financial Officer Page 25 of 31 SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 SCHEDULE A JPMP CAPITAL CORP. EXECUTIVE OFFICERS(1) Chief Executive Officer William B. Harrison** President Jeffrey C. Walker* Chief Investment Officer Arnold L. Chavkin* Managing Director Srinivas Akkaraju* Managing Director Christopher Albinson* Managing Director Dr. Dana Beth Ardi* Managing Director Christopher C. Behrens* Managing Director John Breckenridge* Managing Director Julie Casella-Esposito* Managing Director Rodney A. Ferguson* Managing Director Michael R. Hannon* Managing Director Matthew Lori* Managing Director Jonathan R. Lynch* Managing Director Sunil Mishra* Managing Director Stephen P. Murray* Managing Director John Reardon* Managing Director Faith Rosenfeld* Managing Director Shahan D. Soghikian* Managing Director William Stuek* Managing Director Timothy J. Walsh* Managing Director Richard D. Waters, Jr. * Managing Director Damion E. Wicker, M.D.* DIRECTORS(1) William B. Harrison** Jeffrey C. Walker* - ---------- (1) Each of whom is a United States citizen. * Principal occupation is employee and/or officer of J.P. Morgan Partners, LLC. Business address is c/o J.P. Morgan Partners, LLC, 1221 Avenue of the Americas, New York, New York 10020. ** Principal occupation is employee or officer of JPMorgan Chase & Co. Business address is c/o JPMorgan Chase & Co., 270 Park Avenue, New York, New York 10017. Page 26 of 31 SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 SCHEDULE B CORSAIR II, L.L.C. EXECUTIVE OFFICERS(2) Chairman Nicholas Paumgarten* President Ignacio Jayanti* Vice President Kimball Brooker* Chief Financial Officer Amy Soeda* DIRECTORS(1) Nicholas Paumgarten* Don M. Wilson, III* Brian A. Bessey* - ---------- (1) Each of whom is a United States citizen. * Principal occupation is employee and/or officer of J.P. Morgan Partners, LLC. Business address is c/o J.P. Morgan Partners, LLC, 1221 Avenue of the Americas, New York, New York 10020. ** Principal occupation is employee or officer of JPMorgan Chase & Co. Business address is c/o JPMorgan Chase & Co., 270 Park Avenue, New York, New York 10017. Page 27 of 31 SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 SCHEDULE C JPMP CAPITAL, LLC EXECUTIVE OFFICERS(1) President Jeffrey C. Walker* Chief Investment Officer Arnold L. Chavkin* Managing Director Srinivas Akkaraju* Managing Director Christopher Albinson* Managing Director Dr. Dana Beth Ardi* Managing Director Christopher C. Behrens* Managing Director John Breckenridge* Managing Director Julie Casella-Esposito* Managing Director Rodney A. Ferguson* Managing Director Michael R. Hannon* Managing Director Matthew Lori* Managing Director Jonathan R. Lynch* Managing Director Stephen McKenna* Managing Director Sunil Mishra* Managing Director Stephen P. Murray* Managing Director Kevin O'Brien* Managing Director Timothy Purcell* Managing Director John Reardon* Managing Director Faith Rosenfeld* Managing Director Shahan D. Soghikian* Managing Director William Stuek* Managing Director Lauren Tyler* Managing Director Timothy J. Walsh* Managing Director Richard D. Waters, Jr. * Managing Director Damion E. Wicker, M.D.* DIRECTORS(1) Jeffrey C. Walker* - ---------- 1 Each of whom is a United States citizen. * Principal occupation is employee and/or officer of J.P. Morgan Partners, LLC. Business address is c/o J.P. Morgan Partners, LLC, 1221 Avenue of the Americas, New York, New York 10020. Page 28 of 31 SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 SCHEDULE D JPMORGAN CHASE & CO.
EXECUTIVE OFFICERS(1) Chairman of the Board William B. Harrison Jr.* President and Chief Executive Officer James Dimon* Chief Information Officer Austin A. Adams* Co-CEO, Investment Bank Steven D. Black* Chief Executive Officer and Executive Vice President, Card Services Richard J. Srednicki* Chief Financial Officer Michael J. Cavanagh* Chief Administrative Officer Frank Bisignano * Director of Human Resources John F. Bradley* Co-General Counsel Joan Guggenheimer* Chief Investment Officer Ina R. Drew * Head, Commercial Banking Samuel Todd Maclin* Head, Strategy Jay Mandelbaum* Co-General Counsel William H. McDavid* Treasury & Securities Services Heidi Miller* Head, Retail Financial Services Charles W. Scharf* Head, Asset & Wealth Management James E. Staley* Chief Risk Officer Don M. Wilson III* MD & Co-CEO, Investment Bank William T. Winters*
- ---------- (1) Each of whom is a United States citizen. * Principal occupation is employee and/or officer of J.P. Morgan Partners, LLC. Business address is c/o J.P. Morgan Partners, LLC, 1221 Avenue of the Americas, New York, New York 10020. Page 29 of 31 SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606
DIRECTORS(3) NAME PRINCIPAL OCCUPATION OR EMPLOYMENT; BUSINESS OR RESIDENCE ADDRESS - -------------------------------------------------------------------------------------------- Hans W. Becherer Retired Chairman of the Board and Chief Executive Officer Deere & Company c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- John H. Biggs Former Chairman and CEO TIAA - CREF c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 Lawrence A. Bossidy Retired Chairman of the Board Honeywell International Inc. c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- Stephen B. Burke President Comcast Cable Communications, Inc. c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- James S. Crown President Henry Crown and Company c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- James Dimon President and Chief Executive Officer JPMorgan Chase & Co. 270 Park Avenue, 8th Floor New York, New York 10017-2070 - -------------------------------------------------------------------------------------------- Ellen V. Futter President and Trustee American Museum of Natural History c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- William H. Gray, III Retired President and Chief Executive Officer The College Fund/UNCF c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- Page 30 of 31 SCHEDULE 13G ISSUER: Axis Capital Holdings Limited CUSIP NO.: 2677606 - -------------------------------------------------------------------------------------------- William B. Harrison, Jr. Chairman of the Board JPMorgan Chase & Co. 270 Park Avenue, 8th Floor New York, New York 10017-2070 - -------------------------------------------------------------------------------------------- Laban P. Jackson, Jr. Chairman and Chief Executive Officer Clear Creek Properties, Inc. c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- Lee R. Raymond Chairman of the Board and Chief Executive Officer Exxon Mobil Corporation c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- John W. Kessler Owner John W. Kessler Company c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- Robert I. Lipp Senior Advisor JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- Richard A. Monoogian Chairman and Chief Executive Officer Masco Corporation c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- David C. Novak Chairman and Chief Executive Officer Yum! Brands, Inc. c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - -------------------------------------------------------------------------------------------- William C. Weldon Chairman and Chief Executive Officer Johnson & Johnson c/o JPMorgan Chase & Co. 270 Park Avenue New York, New York 10017 - --------------------------------------------------------------------------------------------
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