0001341004-13-000250.txt : 20130227 0001341004-13-000250.hdr.sgml : 20130227 20130227152031 ACCESSION NUMBER: 0001341004-13-000250 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20130227 DATE AS OF CHANGE: 20130227 GROUP MEMBERS: BENJEROME TRUST GROUP MEMBERS: FOX PAINE & CO LLC GROUP MEMBERS: FOX PAINE CAPITAL CO-INVESTORS INTERNATIONAL GP LTD. GROUP MEMBERS: FOX PAINE CAPITAL FUND II INTERNATIONAL L.P. GROUP MEMBERS: FOX PAINE CAPITAL INTERNATIONAL GP L.P. GROUP MEMBERS: MERCURY ASSETS DELAWARE LLC GROUP MEMBERS: MERCURY TRUST GROUP MEMBERS: SAUL A. FOX GROUP MEMBERS: U.N. CO-INVESTMENT FUND I (CAYMAN) L.P. GROUP MEMBERS: U.N. CO-INVESTMENT FUND II (CAYMAN) L.P. GROUP MEMBERS: U.N. CO-INVESTMENT FUND III (CAYMAN) L.P. GROUP MEMBERS: U.N. CO-INVESTMENT FUND IV (CAYMAN) L.P. GROUP MEMBERS: U.N. CO-INVESTMENT FUND IX (CAYMAN) L.P. GROUP MEMBERS: U.N. CO-INVESTMENT FUND V (CAYMAN) L.P. GROUP MEMBERS: U.N. CO-INVESTMENT FUND VI (CAYMAN) L.P. GROUP MEMBERS: U.N. CO-INVESTMENT FUND VII (CAYMAN) L.P. GROUP MEMBERS: U.N. CO-INVESTMENT FUND VIII (CAYMAN) L.P. GROUP MEMBERS: U.N. HOLDINGS (CAYMAN) II LTD. GROUP MEMBERS: U.N. HOLDINGS (CAYMAN) LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Global Indemnity plc CENTRAL INDEX KEY: 0001494904 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 980664891 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-85996 FILM NUMBER: 13646454 BUSINESS ADDRESS: STREET 1: ARTHUR COX BUILDING STREET 2: EARLSFORT TERRACE CITY: DUBLIN 2 STATE: L2 ZIP: - BUSINESS PHONE: 610-664-1500 MAIL ADDRESS: STREET 1: 3 BALA PLAZA EAST STREET 2: SUITE 300 CITY: BALA CYNWYD STATE: PA ZIP: 19004 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FOX PAINE INTERNATIONAL GP LTD CENTRAL INDEX KEY: 0001273380 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O WALKERS SPV STREET 2: WALKERS HOUSE 87 MAY ST CITY: GEORGE TOWN GRAND CAYMAN STATE: C5 ZIP: 00000 BUSINESS PHONE: 3459490100 MAIL ADDRESS: STREET 1: C/O WLKERS SPV STREET 2: WALKER HOUSE, 87 MAY ST CITY: GEORGE TOWN GRAND CAYMAN STATE: C5 ZIP: 00000 SC 13G 1 sc13g.htm SCHEDULE 13G sc13g.htm
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No.     )
 

 
GLOBAL INDEMNITY PLC
 
(Name of Issuer)
 

 
Class A Ordinary Shares, $0.0001 par value per share
(Title of Class of Securities)
 
G39319101
(CUSIP Number)
 
December 31, 2012
(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)
 
o 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).

 
 

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
Fox Paine International GP, Ltd.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
15,832,294(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
15,832,294(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
15,832,294(1)
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)
 
63.1%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
CO
 
(1)
 
 
Includes 3,770,924 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. Fox Paine International GP, Ltd. beneficially owns: (a) 100% of the Class B Ordinary Shares outstanding; (b) 63.1% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 93.1% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
2

 

CUSIP No. G39319101

 
1. 
 
 
Names of Reporting Persons.
 
Fox Paine & Company, LLC
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Delaware
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
15,832,294(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
15,832,294(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
15,832,294(1)
10.
 
 
Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    
11.
 
 
Percent of Class Represented by Amount in Row (9)
 
63.1%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
OO
 
(1)
 
 
Includes 3,770,924 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. Fox Paine & Company, LLC beneficially owns: (a) 100% of the Class B Ordinary Shares outstanding; (b) 63.1% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 93.1% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
3

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
Fox Paine Capital International GP, L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
15,832,294(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
15,832,294(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
15,832,294(1)
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)
 
63.1%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 3,770,924 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. Fox Paine Capital International GP, L.P. beneficially owns: (a) 100% of the Class B Ordinary Shares outstanding; (b) 63.1% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 93.1% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
4

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
Fox Paine Capital Co-Investors International GP, Ltd.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
1,200,232(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
1,200,232(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
1,200,232(1)
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)
 
4.8%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
CO
 
(1)
 
 
Includes 280,618 Class A Ordinary Shares and 919,614 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. Fox Paine Capital Co-Investors International GP, Ltd. beneficially owns: (a) 7.6% of the Class B Ordinary Shares outstanding; (b) 4.8% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 7.1% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
5

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
Fox Paine Capital Fund II International, L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
14,632,062(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
14,632,062(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
14,632,062(1)
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)
 
58.3%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 3,490,306 Class A Ordinary Shares and 11,141,756 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. Fox Paine Capital Fund II International, L.P. beneficially owns: (a) 92.4% of the Class B Ordinary Shares outstanding; (b) 58.3% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 86.0% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
6

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
U.N. Holdings (Cayman) II, Ltd.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
8,647,289(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
8,647,289(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
8,647,289(1)
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)
 
34.5%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
CO
 
(1)
 
 
Includes 2,952,558 Class A Ordinary Shares and 5,694,731 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. U.N. Holdings (Cayman) II, Ltd. beneficially owns: (a) 47.2% of the Class B Ordinary Shares outstanding; (b) 34.5% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 44.8% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
7

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
U.N. Holdings (Cayman), Ltd.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
5,984,773(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
5,984,773(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
5,984,773(1)
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)
 
23.9%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
CO
 
(1)
 
 
Includes 537,748 Class A Ordinary Shares and 5,447,025 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficialy owned by a person or persons reporting on this statement on Schedule 13G. U.N. Holdings (Cayman), Ltd. beneficially owns: (a) 45.2% of the Class B Ordinary Shares outstanding; (b) 23.9% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 41.2% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
8

 
 
CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
U.N. Co-Investment Fund I (Cayman), L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
553,490(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
553,490(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
553,490(1)
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)
 
2.2%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 129,678 Class A Ordinary Shares and 423,812 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. U.N. Co-Investment Fund I (Cayman), L.P. beneficially owns: (a) 3.5% of the Class B Ordinary Shares outstanding; (b) 2.2% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 3.3% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
9

 

CUSIP No. G39319101

 
1. 
 
 
Names of Reporting Persons.
 
U.N. Co-Investment Fund II (Cayman), L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
432,640(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
432,640(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
432,640(1)
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)
 
1.7%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 101,364 Class A Ordinary Shares and 331,276 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. U.N. Co-Investment Fund II (Cayman), L.P. beneficially owns: (a) 2.8% of the Class B Ordinary Shares outstanding; (b) 1.7% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 2.6% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 

 
10

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
U.N. Co-Investment Fund III (Cayman), L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
144,213(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
144,213(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
144,213(1)
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)
 
0.6%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 33,788 Class A Ordinary Shares and 110,425 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. U.N. Co-Investment Fund III (Cayman), L.P. beneficially owns: (a) 0.9% of the Class B Ordinary Shares outstanding; (b) 0.6% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 0.9% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
11

 
 
CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
U.N. Co-Investment Fund IV (Cayman), L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
27,419(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
27,419(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
27,419(1)
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)
 
0.1%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 6,424 Class A Ordinary Shares and 20,995 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. U.N. Co-Investment Fund IV (Cayman), L.P. beneficially owns: (a) 0.2% of the Class B Ordinary Shares outstanding; (b) 0.1% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 0.2% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
12

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
U.N. Co-Investment Fund V (Cayman), L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
27,419(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
27,419(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
27,419(1)
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)
 
0.1%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 6,424 Class A Ordinary Shares and 20,995 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. U.N. Co-Investment Fund V (Cayman), L.P. beneficially owns: (a) 0.2% of the Class B Ordinary Shares outstanding; (b) 0.1% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 0.2% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
13

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
U.N. Co-Investment Fund VI (Cayman), L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
2,883(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
2,883(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
2,883(1)
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)
 
0.0%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 675 Class A Ordinary Shares and 2,208 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. U.N. Co-Investment Fund VI (Cayman), L.P. beneficially owns: (a) 0.0% of the Class B Ordinary Shares outstanding; (b) 0.0% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 0.0% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
14

 
 
CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
U.N. Co-Investment Fund VII (Cayman), L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
2,500(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
2,500(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
2,500(1)
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)
 
0.0%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 0 Class A Ordinary Shares and 2,500 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. U.N. Co-Investment Fund VII (Cayman), L.P. beneficially owns: (a) 0.0% of the Class B Ordinary Shares outstanding; (b) 0.0% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 0.0% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
15

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
U.N. Co-Investment Fund VIII (Cayman), L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
1,442(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
1,442(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
1,442(1)
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)
 
0.0%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 338 Class A Ordinary Shares and 1,104 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. U.N. Co-Investment Fund VIII (Cayman), L.P. beneficially owns: (a) 0.0% of the Class B Ordinary Shares outstanding; (b) 0.0% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 0.0% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
16

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
U.N. Co-Investment Fund IX (Cayman), L.P.
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Cayman Islands
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
8,226(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
8,226(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
8,226(1)
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)
 
0.0%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
PN
 
(1)
 
 
Includes 1,927 Class A Ordinary Shares and 6,299 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. U.N. Co-Investment Fund IX (Cayman), L.P. beneficially owns: (a) 0.1% of the Class B Ordinary Shares outstanding; (b) 0.0% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 0.0% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
17

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
Saul A. Fox
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
United States
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
16,536,165(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
16,536,165(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
16,536,165(1)
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)
 
65.9%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
IN
 
(1)
 
 
Includes 4,474,795 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. Saul A. Fox beneficially owns: (a) 100.0% of the Class B Ordinary Shares outstanding; (b) 65.9% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 93.6% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
18

 

CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
Mercury Assets Delaware, LLC
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Delaware
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
703,871(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
703,871(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
703,871(1)
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)
 
2.8%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
OO
 
(1)
 
 
Includes 703,871 Class A Ordinary Shares and 0 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. Mercury Assets Delaware, LLC beneficially owns: (a) 0.0% of the Class B Ordinary Shares outstanding; (b) 2.8% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 0.5% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
19

 

CUSIP No. G39319101

 
1. 
 
 
Names of Reporting Persons.
 
Benjerome Trust
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
Nevada
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
703,871(1)
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
703,871(1)
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
703,871(1)
 
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)
 
2.8%(2)
12.
 
 
Type of Reporting Person (See Instructions)
 
OO
 
(1)
 
 
Includes 703,871 Class A Ordinary Shares and 0 Class B Ordinary Shares. Each Class B Ordinary Share has 10 votes per share and is convertible into one Class A Ordinary Share.
 
(2)
 
 
Based on: (i) 13,030,938 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares outstanding as of December 31, 2012 and assuming the conversion of all such Class B Ordinary Shares (each of which is convertible into one Class A Ordinary Share), all of which are beneficially owned by a person or persons reporting on this statement on Schedule 13G. The Benjerome Trust beneficially owns: (a) 0.0% of the Class B Ordinary Shares outstanding; (b) 2.8% of the Class A Ordinary Shares and Class B Ordinary Shares, combined; and (c) because each Class B Ordinary Share has 10 votes and each Class A Ordinary Share has one vote, 0.5% of the combined voting power of the Class A Ordinary Shares and Class B Ordinary Shares.
 
 
20

 
 
CUSIP No. G39319101
 
1. 
 
 
Names of Reporting Persons.
 
The Mercury Trust
2.
 
 
Check the Appropriate Box if a Member of a Group (See Instructions)
(a)  X        (b)  o
 
3.
 
 
SEC Use Only
 
4.
 
 
Citizenship or Place of Organization
 
California
Number of
Shares
Beneficially
by
Owned by
Such
Reporting
Person
With:
 
  
 
5. 
 
  
 
Sole Voting Power
 
0
  
 
6.
 
  
 
Shared Voting Power
 
0
  
 
7.
 
  
 
Sole Dispositive Power
 
0
  
 
8.
 
  
 
Shared Dispositive Power
 
0
9.
 
 
Aggregate Amount Beneficially Owned by Each Reporting Person
 
0
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)
 
0%
12.
 
 
Type of Reporting Person (See Instructions)
 
OO
 
 
 
 
21

 
 
Item 1.
 
 
(a)
 
 
Name of Issuer:
 
Global Indemnity Plc
 
 
(b)
 
 
Address of Issuer’s Principal Executive Offices:
 
Arthur Cox Building
Earlsfort Terrace
Dublin, Ireland
 
Item 2.
 
 
(a)
 
 
Name of Person Filing:
 
Fox Paine International GP, Ltd.
Fox Paine & Company, LLC
Fox Paine Capital International GP, L.P.
Fox Paine Capital Co-Investors International GP, Ltd.
Fox Paine Capital Fund II International, L.P.
U.N. Holdings (Cayman) II, Ltd.
U.N. Holdings (Cayman), Ltd.
U.N. Co-Investment Fund I (Cayman), L.P.
U.N. Co-Investment Fund II (Cayman), L.P.
U.N. Co-Investment Fund III (Cayman), L.P.
U.N. Co-Investment Fund IV (Cayman), L.P.
U.N. Co-Investment Fund V (Cayman), L.P.
U.N. Co-Investment Fund VI (Cayman), L.P.
U.N. Co-Investment Fund VII (Cayman), L.P.
U.N. Co-Investment Fund VIII (Cayman), L.P.
U.N. Co-Investment Fund IX (Cayman), L.P.
Saul A. Fox
Mercury Assets Delaware, LLC
The Mercury Trust
Benjerome Trust
 
 
(b)
 
 
Address of Principal Business Office or, if none, Residence:
 
c/o Fox Paine & Company, LLC, 2105 Woodside Road, Suite D, Woodside, California 94062
 
 
(c)
 
 
Citizenship:
 
Fox Paine International GP, Ltd. – Cayman Islands
Fox Paine & Company, LLC – Cayman Islands
Fox Paine Capital International GP, L.P. – Cayman Islands
Fox Paine Capital Co-Investors International GP, Ltd. – Cayman Islands
Fox Paine Capital Fund II International, L.P. – Cayman Islands
U.N. Holdings (Cayman) II, Ltd. – Cayman Islands
U.N. Holdings (Cayman), Ltd. – Cayman Islands
U.N. Co-Investment Fund I (Cayman), L.P. – Cayman Islands
U.N. Co-Investment Fund II (Cayman), L.P. – Cayman Islands
U.N. Co-Investment Fund III (Cayman), L.P. – Cayman Islands
U.N. Co-Investment Fund IV (Cayman), L.P. – Cayman Islands
U.N. Co-Investment Fund V (Cayman), L.P. – Cayman Islands
U.N. Co-Investment Fund VI (Cayman), L.P. – Cayman Islands
U.N. Co-Investment Fund VII (Cayman), L.P. – Cayman Islands
U.N. Co-Investment Fund VIII (Cayman), L.P. – Cayman Islands
U.N. Co-Investment Fund IX (Cayman), L.P. – Cayman Islands
 
 
22

 
 
 
 
 
 
Saul A. Fox – United States
Mercury Assets Delaware, LLC – Delaware
Benjerome Trust – Nevada
The Mercury Trust – California 
 
 
(d)
 
 
Title of Class of Securities:
 
Class A Ordinary Shares, $0.0001 par value per share
 
 
(e)
 
 
CUSIP Number: G39319101
 
 
Item 3.
 
If this statement is filed pursuant to §§240.13d-l(b) or 240.13d-2(b) or (c), check whether the person filing is a:
 
 
 
(a)
 
 
o  Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o)
 
 
 
(b)
 
 
o  Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c)
 
 
 
(c)
 
 
o  Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c)
 
 
 
(d)
 
 
o  Investment company registered under Section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8)
 
 
 
(e)
 
 
o  An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E)
 
 
 
(f)
 
 
o  An employee benefit plan or endowment fund in accordance with Section 240.13d-1(b)(1)(ii)(F)
 
 
 
(g)
 
 
o  A parent holding company or control person in accordance with Section 240.13d-1(b)(1)(ii)(G)
 
 
 
(h)
 
 
o  A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813)
 
 
 
(i)
 
 
o  A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3)
 
 
 
(j)
 
 
o  A non-U.S. institution in accordance with Section 240.13d-1(b)(1)(ii)(J)
 
 
 
(k)
 
o  Group, in accordance with Section 240.13d-1(b)(1)(ii)(K)
 
 
23

 
 
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:
 
 
Fox Paine International GP, Ltd.
 
 
15,832,294 shares, consisting of 3,770,924 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares
 
Fox Paine & Company, LLC
 
 
15,832,294 shares, consisting of 3,770,924 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares
 
Fox Paine Capital International GP, L.P.
 
 
15,832,294 shares, consisting of 3,770,924 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares
 
Fox Paine Capital Co-Investors International GP, Ltd.
 
 
1,200,232 shares, consisting of 280,618 Class A Ordinary Shares and 919,614 Class B Ordinary Shares
 
Fox Paine Capital Fund II International, L.P.
 
 
14,632,062 shares, consisting of 3,490,306 Class A Ordinary Shares and 11,141,756 Class B Ordinary Shares
 
U.N. Holdings (Cayman) II, Ltd.
 
 
8,647,289 shares, consisting of 2,952,558 Class A Ordinary Shares and 5,694,731 Class B Ordinary Shares
 
U.N. Holdings (Cayman), Ltd.
 
 
5,984,773 shares, consisting of 537,748 Class A Ordinary Shares and 5,447,025 Class B Ordinary Shares
 
U.N. Co-Investment Fund I (Cayman), L.P.
 
 
553,490 shares, consisting of 129,678 Class A Ordinary Shares and 423,812 Class B Ordinary Shares
 
U.N. Co-Investment Fund II (Cayman), L.P.
 
 
432,640 shares, consisting of 101,364 Class A Ordinary Shares and 331,276 Class B Ordinary Shares
 
U.N. Co-Investment Fund III (Cayman), L.P.
 
 
144,213 shares, consisting of 33,788 Class A Ordinary Shares and 110,425 Class B Ordinary Shares
 
U.N. Co-Investment Fund IV (Cayman), L.P.
 
 
27,419 shares, consisting of 6,424 Class A Ordinary Shares and 20,995 Class B Ordinary Shares
 
U.N. Co-Investment Fund V (Cayman), L.P.
 
 
27,419 shares, consisting of 6,424 Class A Ordinary Shares and 20,995 Class B Ordinary Shares
 
U.N. Co-Investment Fund VI (Cayman), L.P.
 
 
2,883 shares, consisting of 675 Class A Ordinary Shares and 2,208 Class B Ordinary Shares
 
U.N. Co-Investment Fund VII (Cayman), L.P.
 
 
2,500 shares, consisting of 0 Class A Ordinary Shares and 2,500 Class B Ordinary Shares
 
U.N. Co-Investment Fund VIII (Cayman), L.P.
 
  
 
1,442 shares, consisting of 338 Class A Ordinary Shares and 1,104 Class B Ordinary Shares
 
U.N. Co-Investment Fund IX (Cayman), L.P.
 
  
 
8,226 shares, consisting of 1,927 Class A Ordinary Shares and 6,299 Class B Ordinary Shares
 
 
 
24

 
 
Saul A. Fox
 
  
 
16,536,165 shares, consisting of 4,474,795 Class A Ordinary Shares and 12,061,370 Class B Ordinary Shares
 
Mercury Assets Delaware, LLC
 
  
 
703,871 shares, consisting of 703,871 Class A Ordinary Shares and 0 Class B Ordinary Shares
 
Benjerome Trust
 
  
 
703,871 shares, consisting of 703,871 Class A Ordinary Shares and 0 Class B Ordinary Shares
 
The Mercury Trust  
 0 shares, consisting of 0 Class A Ordinary Shares and 0 Class B Ordinary Shares
 
 
 
(b)
 
Percent of class:
 
 
Fox Paine International GP, Ltd.
 
 
 
63.1
 
%
 
 
 
Fox Paine & Company, LLC
 
  
 
 
63.1
 
 
 
 
Fox Paine Capital International GP, L.P.
 
  
 
 
63.1
 
 
 
 
Fox Paine Capital Co-Investors International GP, Ltd.
 
  
 
 
4.8
 
 
 
 
Fox Paine Capital Fund II International, L.P.
 
  
 
 
58.3
 
 
 
 
U.N. Holdings (Cayman) II, Ltd.
 
  
 
 
34.5
 
 
 
 
U.N. Holdings (Cayman), Ltd.
 
  
 
 
23.9
 
 
 
 
U.N. Co-Investment Fund I (Cayman), L.P.
 
  
 
 
2.2
 
 
 
 
U.N. Co-Investment Fund II (Cayman), L.P.
 
  
 
 
1.7
 
 
 
 
U.N. Co-Investment Fund III (Cayman), L.P.
 
  
 
 
    0.6
 
 
 
 
U.N. Co-Investment Fund IV (Cayman), L.P.
 
  
 
 
0.1
 
 
 
 
U.N. Co-Investment Fund V (Cayman), L.P.
 
  
 
 
0.1
 
 
 
 
U.N. Co-Investment Fund VI (Cayman), L.P.
 
  
 
 
0.0
 
 
 
 
U.N. Co-Investment Fund VII (Cayman), L.P.
 
  
 
 
0.0
 
 
 
 
U.N. Co-Investment Fund VIII (Cayman), L.P.
  
 
 
0.0
 
 
 
 
U.N. Co-Investment Fund IX (Cayman), L.P.
 
  
 
 
0.0
 
 
 
 
Saul A. Fox
 
  
 
 
65.9
 
 
 
 
Mercury Assets Delaware, LLC
 
  
 
 
  2.8
 
 
 
 
Benjerome Trust
 
  
 
 
2.8
 
 
 
 
The Mercury Trust
 
   
0.0
 
%
 
 
 
 
25

 
 
 
(c)
 
Number of shares as to which the person has:
 
 
  
 
Sole power to
vote or to direct
the vote
 
  
 
Shared power to
vote or to direct
the vote
 
  
 
Sole power to
dispose or to
direct the
disposition of
 
  
 
Shared power to
dispose or to
direct the
disposition of
 
         
Fox Paine International GP, Ltd.
 
  
 
 
—  
 
  
 
  
 
 
15,832,294
 
  
 
  
 
 
—  
 
  
 
  
 
 
15,832,294
 
  
 
Fox Paine & Company, LLC
 
  
 
 
—  
 
  
 
  
 
 
15,832,294
 
  
 
  
 
 
—  
 
  
 
  
 
 
15,832,294
 
  
 
Fox Paine Capital International GP, L.P.
 
  
 
 
—  
 
  
 
  
 
 
15,832,294
 
  
 
  
 
 
—  
 
  
 
  
 
 
15,832,294
 
  
 
Fox Paine Capital Co-Investors International GP, Ltd.
 
  
 
 
—  
 
  
 
  
 
 
1,200,232
 
  
 
  
 
 
—  
 
  
 
  
 
 
1,200,232
 
  
 
Fox Paine Capital Fund II International, L.P.
 
  
 
 
—  
 
  
 
  
 
 
14,632,062
 
  
 
  
 
 
—  
 
  
 
  
 
 
14,632,062
 
  
 
U.N. Holdings (Cayman) II, Ltd.
 
  
 
 
—  
 
  
 
  
 
 
8,647,289
 
  
 
  
 
 
—  
 
  
 
  
 
 
8,647,289
 
  
 
U.N. Holdings (Cayman), Ltd.
 
  
 
 
—  
 
  
 
  
 
 
5,984,773
 
  
 
  
 
 
—  
 
  
 
  
 
 
5,984,773
 
  
 
U.N. Co-Investment Fund I (Cayman), L.P.
 
  
 
 
—  
 
  
 
  
 
 
553,490
 
  
 
  
 
 
—  
 
  
 
  
 
 
553,490
 
  
 
U.N. Co-Investment Fund II (Cayman), L.P.
 
  
 
 
—  
 
  
 
  
 
 
432,640
 
  
 
  
 
 
—  
 
  
 
  
 
 
432,640
 
  
 
U.N. Co-Investment Fund III (Cayman), L.P.
 
  
 
 
—  
 
  
 
  
 
 
144,213
 
  
 
  
 
 
—  
 
  
 
  
 
 
144,213
 
  
 
U.N. Co-Investment Fund IV (Cayman), L.P.
 
  
 
 
—  
 
  
 
  
 
 
27,419
 
  
 
  
 
 
—  
 
  
 
  
 
 
27,419
 
  
 
U.N. Co-Investment Fund V (Cayman), L.P.
 
  
 
 
—  
 
  
 
  
 
 
27,419
 
  
 
  
 
 
—  
 
  
 
  
 
 
27,419
 
  
 
U.N. Co-Investment Fund VI (Cayman), L.P.
 
  
 
 
—  
 
  
 
  
 
 
2,883
 
  
 
  
 
 
—  
 
  
 
  
 
 
2,883
 
  
 
U.N. Co-Investment Fund VII (Cayman), L.P.
 
  
 
 
—  
 
  
 
  
 
 
2,500
 
  
 
  
 
 
—  
 
  
 
  
 
 
2,500
 
  
 
U.N. Co-Investment Fund VIII (Cayman), L.P.
 
  
 
 
—  
 
  
 
  
 
 
1,442
 
  
 
  
 
 
—  
 
  
 
  
 
 
1,442
 
  
 
U.N. Co-Investment Fund IX (Cayman), L.P.
 
  
 
 
—  
 
  
 
  
 
 
8,226
 
  
 
  
 
 
—  
 
  
 
  
 
 
8,226
 
  
 
Saul A. Fox
 
  
 
 
—  
 
  
 
  
 
 
16,536,165
 
 
  
 
 
—  
 
  
 
  
 
 
16,536,165
 
  
 
Mercury Assets Delaware, LLC
 
  
 
 
—  
 
  
 
  
 
 
703,871
 
  
 
  
 
 
—  
 
  
 
  
 
 
703,871
 
  
 
Benjerome Trust
 
  
 
 
—  
 
  
 
  
 
 
703,871
 
  
 
  
 
 
—  
 
  
 
  
 
 
703,871
 
  
 
The Mercury Trust
 
   
—  
 
     
0
 
     
—  
 
     
0
 
 
 
 
26

 
 
Item 5.
Ownership of Five Percent or Less of a Class.
 
As of the date of this filing, The Mercury Trust has ceased to be a beneficial owner of more than 5% of the Class A Ordinary Shares.
 
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.
Certifications.
 
Not applicable.
 
 
27

 
 
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.
 
   
February 27, 2013
   
Date
 
 
Fox Paine International GP, Ltd.
 
Fox Paine & Company, LLC
 
Fox Paine Capital International GP, L.P.
 
Fox Paine Capital Co-Investors International GP, Ltd.
 
Fox Paine Capital Fund II International, L.P.
 
U.N. Holdings (Cayman) II, Ltd.
 
U.N. Holdings (Cayman), Ltd.
 
U.N. Co-Investment Fund I (Cayman), L.P.
 
U.N. Co-Investment Fund II (Cayman), L.P.
 
U.N. Co-Investment Fund III (Cayman), L.P.
 
U.N. Co-Investment Fund IV (Cayman), L.P.
 
U.N. Co-Investment Fund V (Cayman), L.P.
 
U.N. Co-Investment Fund VI (Cayman), L.P.
 
U.N. Co-Investment Fund VII (Cayman), L.P.
 
U.N. Co-Investment Fund VIII (Cayman), L.P.
 
U.N. Co-Investment Fund IX (Cayman), L.P.
 
Saul A. Fox
 
Mercury Assets Delaware, LLC
 
Benjerome Trust
  The Mercury Trust
     
 
By:
 
/s/ Saul A. Fox
  Name:   Saul A. Fox
  Title:   Authorized Signatory

28