|
Interval Leisure Group, Inc.
|
|
(Name of Issuer)
|
|
Common Stock
|
|
(Title of Class of Securities)
|
|
46113M108
|
|
(CUSIP Number)
|
|
December 31, 2011
|
|
(Date of Event Which Requires Filing of this Statement)
|
|
CUSIP No
|
46113M108
|
|||
|
1.
|
NAME OF REPORTING PERSONS
|
|||
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||||
|
Arrow Capital Management, LLC
|
||||
|
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
|
||||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
||||
|
5.
|
SOLE VOTING POWER
|
|||
|
0
|
||||
|
6.
|
SHARED VOTING POWER
|
|||
|
326,073
|
||||
|
7.
|
SOLE DISPOSITIVE POWER
|
|||
|
0
|
||||
|
8.
|
SHARED DISPOSITIVE POWER
|
|||
|
326,073
|
||||
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
|
326,073
|
||||
|
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)
|
|||
|
0.6%
|
||||
|
12.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|||
|
CUSIP No
|
46113M108
|
|||
|
1.
|
NAME OF REPORTING PERSONS
|
|||
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||||
|
Arrow Partners LP
|
||||
|
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
|
||||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
||||
|
5.
|
SOLE VOTING POWER
|
|||
|
0
|
||||
|
6.
|
SHARED VOTING POWER
|
|||
|
165,324
|
||||
|
7.
|
SOLE DISPOSITIVE POWER
|
|||
|
0
|
||||
|
8.
|
SHARED DISPOSITIVE POWER
|
|||
|
165,324
|
||||
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
|
165,324
|
||||
|
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)
|
|||
|
0.3%
|
||||
|
12.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|||
|
PN
|
||||
|
CUSIP No
|
46113M108
|
|||
|
1.
|
NAME OF REPORTING PERSONS
|
|||
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||||
|
Arrow Offshore, Ltd.
|
||||
|
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
|
||||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
||||
|
5.
|
SOLE VOTING POWER
|
|||
|
0
|
||||
|
6.
|
SHARED VOTING POWER
|
|||
|
160,749
|
||||
|
7.
|
SOLE DISPOSITIVE POWER
|
|||
|
0
|
||||
|
8.
|
SHARED DISPOSITIVE POWER
|
|||
|
160,749
|
||||
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
|
160,749
|
||||
|
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)
|
|||
|
0.3%
|
||||
|
12.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|||
|
CO
|
||||
|
CUSIP No
|
46113M108
|
|||
|
1.
|
NAME OF REPORTING PERSONS
|
|||
|
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
|
||||
|
Mal Serure
|
||||
|
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
|
|||
|
United States of America
|
||||
|
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
|
||||
|
5.
|
SOLE VOTING POWER
|
|||
|
0
|
||||
|
6.
|
SHARED VOTING POWER
|
|||
|
326,073
|
||||
|
7.
|
SOLE DISPOSITIVE POWER
|
|||
|
0
|
||||
|
8.
|
SHARED DISPOSITIVE POWER
|
|||
|
326,073
|
||||
|
9.
|
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
|
|||
|
326,073
|
||||
|
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)
|
|||
|
0.6%
|
||||
|
12.
|
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
|
|||
|
IN; HC
|
||||
|
CUSIP No
|
46113M108
|
|||
|
Item 1.
|
(a).
|
Name of Issuer:
|
||
|
Interval Leisure Group, Inc.
|
||||
|
(b).
|
Address of Issuer's Principal Executive Offices:
|
|||
|
6262 Sunset Drive
Miami, FL 33143
United States of America
|
||||
|
Item 2.
|
(a).
|
Name of Person Filing:
|
||
|
Arrow Capital Management, LLC
Arrow Partners LP
Arrow Offshore, Ltd.
Mal Serure
|
||||
|
(b).
|
Address of Principal Business Office, or if None, Residence:
|
|||
|
Arrow Capital Management, LLC
499 Park Avenue
New York, NY 10022
United States of America
Arrow Partners LP
499 Park Avenue
New York, NY 10022
United States of America
Arrow Offshore, Ltd.
c/o Ogier Fiduciary Services
89 Nexus Way
Cabana Bay
Grand Cayman
Cayman Islands KY1-9007
Mal Serure
c/o Arrow Capital Management, LLC
499 Park Avenue
New York, NY 10022
United States of America
|
||||
|
(c)
|
Citizenship:
|
|||
|
Arrow Capital Management, LLC – Delaware
Arrow Partners LP – Delaware
Arrow Offshore, Ltd. – Cayman Islands
Mal Serure – United States of America
|
||||
|
(d).
|
Title of Class of Securities:
|
|||
|
Common Stock
|
||||
|
(e).
|
CUSIP Number:
|
|||
|
46113M108
|
||||
|
Item 3.
|
If This Statement is filed pursuant to ss.240.13d-1(b) or 240.13d-2(b), or (c), check whether the person filing is a
|
||
|
(a)
|
[_]
|
Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78c).
|
|
|
(b)
|
[_]
|
Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).
|
|
|
(c)
|
[_]
|
Insurance company as defined in Section 3(a)(19) of the Exchange Act (15 U.S.C. 78c).
|
|
|
(d)
|
[_]
|
Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
|
|
|
(e)
|
[_]
|
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
|
|
|
(f)
|
[_]
|
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
|
|
|
(g)
|
[_]
|
A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
|
|
|
(h)
|
[_]
|
A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C.1813);
|
|
|
(i)
|
[_]
|
A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
|
|
|
(j)
|
[_]
|
Group, in accordance with s.240.13d-1(b)(1)(ii)(J).
|
|
|
Item 4.
|
Ownership.
|
||||
|
Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.
|
|||||
|
(a)
|
Amount beneficially owned:
|
||||
|
Arrow Capital Management, LLC – 326,073
Arrow Partners LP – 165,324
Arrow Offshore, Ltd. – 160,749
Mal Serure – 326,073
|
|||||
|
(b)
|
Percent of class:
|
||||
|
Arrow Capital Management, LLC – 0.6%
Arrow Partners LP – 0.3%
Arrow Offshore, Ltd. – 0.3%
Mal Serure – 0.6%
|
|||||
|
(c)
|
Number of shares as to which the person has:
|
||||
|
(i)
|
Sole power to vote or to direct the vote
|
||||
|
Arrow Capital Management, LLC – 0
Arrow Partners LP – 0
Arrow Offshore, Ltd. – 0
Mal Serure – 0
|
|||||
|
(ii)
|
Shared power to vote or to direct the vote
|
|
|||
|
Arrow Capital Management, LLC – 326,073
Arrow Partners LP – 165,324
Arrow Offshore, Ltd. – 160,749
Mal Serure – 326,073
|
|||||
|
(iii)
|
Sole power to dispose or to direct the disposition of
|
|
|||
|
Arrow Capital Management, LLC – 0
Arrow Partners LP – 0
Arrow Offshore, Ltd. – 0
Mal Serure – 0
|
|||||
|
(iv)
|
Shared power to dispose or to direct the disposition of
|
|
|||
|
Arrow Capital Management, LLC – 326,073
Arrow Partners LP – 165,324
Arrow Offshore, Ltd. – 160,749
Mal Serure – 326,073
|
|||||
|
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 hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following [X].
|
|
|
Item 6.
|
Ownership of More Than Five Percent on Behalf of Another Person.
|
|
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than five percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
|
|
|
N/A
|
|
|
Item 7.
|
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company.
|
|
If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(1)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary.
|
|
|
N/A
|
|
|
Item 8.
|
Identification and Classification of Members of the Group.
|
|
If a group has filed this schedule pursuant to §240.13d-1(b)(1)(ii)(J), so indicate under Item 3(j) and attach an exhibit stating the identity and Item 3 classification of each member of the group. If a group has filed this schedule pursuant to §240.13d-1(c) or §240.13d-1(d), attach an exhibit stating the identity of each member of the group.
|
|
|
N/A
|
|
|
Item 9.
|
Notice of Dissolution of Group.
|
|
Notice of dissolution of a group may be furnished as an exhibit stating the date of the dissolution and that all further filings with respect to transactions in the security reported on will be filed, if required, by members of the group, in their individual capacity. See Item 5.
|
|
|
N/A
|
||
|
Item 10.
|
Certification.
|
|
|
By signing below we certify that, to the best of our 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 such purpose or effect.
|
||
|
February 14, 2012
|
|
|
(Date)
|
|
|
ARROW CAPITAL MANAGEMENT, LLC*
|
|
|
By: /s/ Mal Serure
|
|
|
(Signature)
|
|
|
Mal Serure, Managing Member
|
|
|
(Name/Title)
|
|
February 14, 2012
|
|
|
(Date)
|
|
|
ARROW PARTNERS LP*
By: Arrow Advisors LLC, its General Partner
By: /s/ Mal Serure
|
|
|
(Signature)
|
|
|
Mal Serure, Managing Member
|
|
|
(Name/Title)
|
|
February 14, 2012
|
|
|
(Date)
|
|
|
ARROW OFFSHORE, LTD.*
By: /s/ Mal Serure
|
|
|
(Signature)
|
|
|
Mal Serure, Director
|
|
|
(Name/Title)
|
|
February 14, 2012
|
|
|
(Date)
|
|
|
Mal Serure*
|
|
|
By: /s/ Mal Serure
|
|
|
(Signature)
|
|
|
Mal Serure
|
|
|
(Name/Title)
|
|
February 14, 2012
|
|
|
(Date)
|
|
|
ARROW CAPITAL MANAGEMENT, LLC*
|
|
|
By: /s/ Mal Serure
|
|
|
(Signature)
|
|
|
Mal Serure, Managing Member
|
|
|
(Name/Title)
|
|
February 14, 2012
|
|
|
(Date)
|
|
|
ARROW PARTNERS LP*
By: Arrow Advisors LLC, its General Partner
By: /s/ Mal Serure
|
|
|
(Signature)
|
|
|
Mal Serure, Managing Member
|
|
|
(Name/Title)
|
|
February 14, 2012
|
|
|
(Date)
|
|
|
ARROW OFFSHORE, LTD.*
By: /s/ Mal Serure
|
|
|
(Signature)
|
|
|
Mal Serure, Director
|
|
|
(Name/Title)
|
|
February 14, 2012
|
|
|
(Date)
|
|
|
Mal Serure*
|
|
|
By: /s/ Mal Serure
|
|
|
(Signature)
|
|
|
Mal Serure
|
|
|
(Name/Title)
|