-----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, WYDo6BUKUnPpvtIW2pJgxjugW6fN7gq/LS59q+WasKilJR3go4abnhpFfUGN2Zsu feSQNjcSeHZQCWhhvoFrOw== 0000950134-07-011162.txt : 20070511 0000950134-07-011162.hdr.sgml : 20070511 20070511060307 ACCESSION NUMBER: 0000950134-07-011162 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20070511 DATE AS OF CHANGE: 20070511 GROUP MEMBERS: KENMONT INVESTMENTS MANAGEMENT LP GROUP MEMBERS: KENMONT SPECIAL OPPORTUNITIES MASTER FUND LP SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TORTOISE CAPITAL RESOURCES CORP CENTRAL INDEX KEY: 0001347652 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82711 FILM NUMBER: 07840062 BUSINESS ADDRESS: STREET 1: 10801 MASTIN BOULEVARD SUITE 222 CITY: OVERLAND PARK STATE: KS ZIP: 66210 BUSINESS PHONE: 913-981-1020 MAIL ADDRESS: STREET 1: 10801 MASTIN BOULEVARD SUITE 222 CITY: OVERLAND PARK STATE: KS ZIP: 66210 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KIP GP, LLC CENTRAL INDEX KEY: 0001398924 IRS NUMBER: 202503336 STATE OF INCORPORATION: TX FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 711 LOUISIANA STREET STREET 2: SUITE 1750 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713.223.9922 MAIL ADDRESS: STREET 1: 711 LOUISIANA STREET STREET 2: SUITE 1750 CITY: HOUSTON STATE: TX ZIP: 77002 SC 13G 1 d46311sc13g.htm SCHEDULE 13G sc13g
 

     
 
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. )*

Tortoise Capital Resources Corporation
(Name of Issuer)
Common Stock, par value $0.001
(Title of Class of Securities)
89147N304
(CUSIP Number)
February 2, 2007
(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

     o Rule 13d-1(b)

     þ Rule 13d-1(c)

     o 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).

 
 


 

                     
CUSIP No.
 
89147N304 
 

 

           
1   NAMES OF REPORTING PERSONS:
KIP GP, LLC
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
    20-2503336
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o
  (b)   o
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
 
       
  5   SOLE VOTING POWER:
     
NUMBER OF   948,332
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   948,332
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  948,332
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  10.4%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  OO
*SEE INSTRUCTIONS BEFORE FILLING OUT

2


 

                     
CUSIP No.
 
89147N304 
 

 

           
1   NAMES OF REPORTING PERSONS:
Kenmont Investments Management, L.P.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
    20-22555179
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o
  (b)   o
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
 
       
  5   SOLE VOTING POWER:
     
NUMBER OF   948,332
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   948,332
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  948,332
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  10.4%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  IA
*SEE INSTRUCTIONS BEFORE FILLING OUT

3


 

                     
CUSIP No.
 
89147N304 
 

 

           
1   NAMES OF REPORTING PERSONS:
Kenmont Special Opportunities Master Fund, L.P.
   
  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY): 
   
     
2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS):

  (a)   o
  (b)   o
     
3   SEC USE ONLY:
   
   
     
4   CITIZENSHIP OR PLACE OF ORGANIZATION:
   
 
       
  5   SOLE VOTING POWER:
     
NUMBER OF   711,932
       
SHARES 6   SHARED VOTING POWER:
BENEFICIALLY    
OWNED BY   0
       
EACH 7   SOLE DISPOSITIVE POWER:
REPORTING    
PERSON   711,932
       
WITH: 8   SHARED DISPOSITIVE POWER:
     
    0
     
9   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:
   
  711,932
     
10   CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS):
   
  o
     
11   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9):
   
  7.8%
     
12   TYPE OF REPORTING PERSON (SEE INSTRUCTIONS):
   
  PN
*SEE INSTRUCTIONS BEFORE FILLING OUT

4


 

SCHEDULE 13G
     This Schedule 13G (the “Schedule 13G”) is being filed on behalf of KIP GP, LLC (“KIP”); Kenmont Investments Management, L.P., a Texas limited partnership (“Kenmont”) and Kenmont Special Opportunities Fund, L.P., a Cayman Islands exempted company (“Kenmont Master Fund”), relating to common stock, par value $0.001 and warrants currently convertible in to common stock (the “Warrants”) and together with the common stock (the “Common Stock”) of Tortoise Capital Resources Corporation, a Maryland corporation (the “Issuer”), purchased by Kenmont.
     
Item 1(a)
  Name of Issuer.
 
   
 
  Tortoise Capital Resources Corporation
 
   
Item 1(b)
  Address of Issuer’s Principal Executive Offices.
 
   
 
  10801 Mastin Boulevard, Suite 222
 
  Overland Park, Kansas 66210
 
   
Item 2(a)
  Name of Person Filing.
Item 2(b)
  Address of Principal Business Office.
Item 2(c)
  Place of Organization.
 
   
 
  KIP GP, LLC
 
  711 Louisiana Street, Suite 1750
 
  Houston, Texas 77022
 
   
 
  Kenmont Investments Management, L.P.
 
  711 Louisiana Street, Suite 1750
 
  Houston, Texas 77022
 
   
 
  Kenmont Special Opportunities Master Fund, L.P.
 
  c/o Spectrum Global Fund Administration (Cayman)
 
  Anderson Square 4th Floor
 
  P.O. Box 10243 APO
 
  Grand Cayman
 
  Cayman Islands
 
  British West Indies
 
   
Item 2(d)
  Title of Class of Securities.
 
   
 
  Common stock, par value $0.001 (the “Common Stock”)
 
   
Item 2(e)
  CUSIP Number.
 
   
 
  89147N304

5


 

     
Item 3
  Reporting Person.
 
   
 
  The person filing is not listed in Items 3(a) through 3(j).
 
   
Item 4
  Ownership.
  (a)   Kenmont serves as investment manager to Kenmont Master Fund as well as Man Mac Miesque 10B, Ltd., a Bermuda company (“Mac”). Kenmont Master Fund is the beneficial owner of 711,932 shares of Common Stock (505,166 of which are Common Stock and 206,766 of which are shares of Common Stock issuable upon conversion of the Warrants). Mac is the beneficial owner of 236,400 shares of Common Stock (161,500 are shares of Common Stock and 74,900 are shares of Common Stock issuable upon conversion of the Warrants). Kenmont may be deemed to beneficially own the shares of Common Stock held by Kenmont Master Fund and Mac as a result of being the investment advisor to Kenmont and Mac, and KIP may be deemed to beneficially own the shares of Common Stock as a result of being the general partner of Kenmont.
 
  (b)   Kenmont Master Fund is the beneficial owner of 7.8% of the outstanding shares of Common Stock. Mac is the beneficial owner of 2.6% of the outstanding shares of Common Stock. Collectively the Reporting Persons beneficially own 10.4% of the outstanding shares of Common Stock. This percentage was determined by dividing 948,332 by 9,110,262 (which equals 8,828,596, the number of Common Stock issued and outstanding as of February 2, 2007; plus 281,666, the number of shares of Common Stock that the Fund has the right to purchase under the Warrants).
 
  (c)   Kenmont Master Fund may direct the vote and disposition of 711,932 shares of Common Stock. Mac may direct the vote and disposition of 236,400 shares of Common Stock. Kenmont and KIP (through its relationship to Kenmont) have been granted investment discretion over the Common Stock held by Kenmont Master Fund and Mac.
     
Item 5
  Ownership of Five Percent or Less of a Class.
 
   
 
  Inapplicable.
 
   
Item 6
  Ownership of More Than Five Percent on Behalf of Another Person.
 
   
 
  Inapplicable.
 
   
Item 7
  Identification and Classification of the Subsidiary which Acquired the Security Being Reported On by the Parent Holding Company.
 
   
 
  Inapplicable.
 
   

6


 

     
Item 8
  Identification and Classification of Members of the Group.
 
   
 
  Inapplicable.
 
   
Item 9
  Notice of Dissolution of Group.
 
   
 
  Inapplicable.
 
   
Item 10
  Certification.
 
   
 
  By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

7


 

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: May 11, 2007
                                     
    KIP GP, LLC                
 
                                   
    By:   /s/ Donald R. Kendall, Jr.            
                     
    Name:   Donald R. Kendall, Jr.            
    Title:   Manager            
 
                                   
    KENMONT INVESTMENTS MANAGEMENT, L.P.                
 
                                   
    By:   KIP GP, LLC, its general partner            
 
                                   
        By:   /s/ Donald R. Kendall, Jr.        
                     
        Name:   Donald R. Kendall, Jr.        
        Title:   Manager        
 
                                   
    KENMONT SPECIAL OPPORTUNITIES MASTER FUND, L.P.                
 
                                   
    By:   Kenmont Offshore Fund, Ltd., general partner            
 
                                   
        By:   /s/ Donald R. Kendall, Jr.        
                     
        Name:   Donald R. Kendall, Jr.        
        Title:   Director        
 
                                   
    By:   Kenmont Onshore Fund, L.P., general partner            
 
                                   
        By:   Kenmont Investment Partners GP, L.P., its general partner        
 
                                   
            By:   KIP GP, LLC, its general partner
 
                                   
 
              By:   /s/ Donald R. Kendall, Jr.                
 
                           
 
              Name:   Donald R. Kendall, Jr.                
 
              Title:   Manager                

8

EX-99.1 2 d46311exv99w1.htm JOINT FILING AGREEMENT exv99w1
 

EXHIBIT 1
JOINT FILING AGREEMENT
     In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the undersigned agree to the joint filing on behalf of each of them of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the shares of Common Stock of Tortoise Capital Resources Corporation., a Maryland corporation, and further agree that this Joint Filing Agreement shall be included as an Exhibit to such joint filings.
     The undersigned further agree that each party hereto is responsible for the timely filing of such Statement on Schedule 13G and any amendments thereto, and for the accuracy and completeness of the information concerning such party contained therein; provided, however, that no party is responsible for the accuracy or completeness of the information concerning any other party, unless such party knows or has reason to believe that such information is inaccurate.
     This Joint Filing Agreement may be signed in counterparts with the same effect as if the signature on each counterpart were upon the same instrument.
IN WITNESS WHEREOF, the undersigned have executed this Agreement as of May 11, 2007.
                                     
    KIP GP, LLC                
 
                                   
    By:   /s/ Donald R. Kendall, Jr.            
                     
    Name:   Donald R. Kendall, Jr.            
    Title:   Manager            
 
                                   
    KENMONT INVESTMENTS MANAGEMENT, L.P.                
 
                                   
    By:   KIP GP, LLC, its general partner            
 
                                   
        By:   /s/ Donald R. Kendall, Jr.        
                     
        Name:   Donald R. Kendall, Jr.        
        Title:   Manager        
 
                                   
    KENMONT SPECIAL OPPORTUNITIES MASTER FUND, L.P.                
 
                                   
    By:   Kenmont Offshore Fund, Ltd., general partner            
 
                                   
        By:   /s/ Donald R. Kendall, Jr.        
                     
        Name:   Donald R. Kendall, Jr.        
        Title:   Director        
 
                                   
    By:   Kenmont Onshore Fund, L.P., general partner            
 
                                   
        By:   Kenmont Investment Partners GP, L.P., its general partner        
 
                                   
            By:   KIP GP, LLC, its general partner
 
                                   
 
              By:   /s/ Donald R. Kendall, Jr.                
 
                           
 
              Name:   Donald R. Kendall, Jr.                
 
              Title:   Manager                

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