0000950142-12-000369.txt : 20120214 0000950142-12-000369.hdr.sgml : 20120214 20120214160246 ACCESSION NUMBER: 0000950142-12-000369 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 GROUP MEMBERS: EDWARD A. GILHULY GROUP MEMBERS: SAGEVIEW CAPITAL GENPAR L.P. GROUP MEMBERS: SAGEVIEW CAPITAL MASTER L.P. GROUP MEMBERS: SAGEVIEW CAPITAL MGP LLC GROUP MEMBERS: SAGEVIEW CAPITAL PARTNERS (A) L.P. GROUP MEMBERS: SAGEVIEW CAPITAL PARTNERS (B) L.P. GROUP MEMBERS: SAGEVIEW PARTNERS (C) (MASTER) L.P. GROUP MEMBERS: SCOTT M. STUART SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: STATE BANK FINANCIAL CORP CENTRAL INDEX KEY: 0001497275 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 271744232 STATE OF INCORPORATION: GA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-85856 FILM NUMBER: 12609549 BUSINESS ADDRESS: STREET 1: 415 EAST PACES FERRY ROAD NE STREET 2: SUITE 200 CITY: ATLANTA STATE: GA ZIP: 30305 BUSINESS PHONE: 478-722-6200 MAIL ADDRESS: STREET 1: 415 EAST PACES FERRY ROAD NE STREET 2: SUITE 200 CITY: ATLANTA STATE: GA ZIP: 30305 FORMER COMPANY: FORMER CONFORMED NAME: STATE BANK FINANCIAL Corp DATE OF NAME CHANGE: 20100722 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SAGEVIEW CAPITAL MASTER, L.P. CENTRAL INDEX KEY: 0001374997 IRS NUMBER: 980492364 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 55 RAILROAD AVENUE STREET 2: 3RD FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 203-625-4200 MAIL ADDRESS: STREET 1: 55 RAILROAD AVENUE STREET 2: 3RD FLOOR CITY: GREENWICH STATE: CT ZIP: 06830 FORMER COMPANY: FORMER CONFORMED NAME: SAGEVIEW CAPITAL MASTER, LTD DATE OF NAME CHANGE: 20060907 SC 13G/A 1 eh1200200_13ga1-state.htm AMENDMENT NO. 1 eh1200200_13ga1-state.htm

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
SCHEDULE 13G
(Rule 13d-102)
 
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
 
(Amendment No. 1)*
 
State Bank Financial Corporation
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
856190103
(CUSIP Number)
 
December 31, 2011
(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)
   
ý
Rule 13d-1(d)
 
*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
 
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
 
 
 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  2 of 17 Pages

 
1
NAME OF REPORTING PERSON
 
Sageview Capital Master, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  x
(b)  o
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
 
 
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%
  
12
TYPE OF REPORTING PERSON
 
PN
  

 
 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  3 of 17 Pages

 
1
NAME OF REPORTING PERSON
 
Sageview Capital Partners (A), L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  x
(b)  o
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
 
 
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
 
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%
  
12
TYPE OF REPORTING PERSON
 
PN
  

 
 
 

 
CUSIP No.  856190103
 SCHEDULE 13G
Page  4 of 17 Pages

 
1
NAME OF REPORTING PERSON
 
Sageview Capital Partners (B), L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  x
(b)  o
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
 
 
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
 
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%
  
12
TYPE OF REPORTING PERSON
 
PN
  

 
 
 
 

 
CUSIP No.  856190103
 SCHEDULE 13G
Page  5 of 17 Pages

 
1
NAME OF REPORTING PERSON
 
Sageview Partners (C) (Master), L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  x
(b)  o
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
 
 
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
 
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%
  
12
TYPE OF REPORTING PERSON
 
PN
  

 
 
 

 
CUSIP No.  856190103
 SCHEDULE 13G
Page  6 of 17 Pages

 
1
NAME OF REPORTING PERSON
 
Sageview Capital GenPar, L.P.
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  x
(b)  o
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
 
 
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%
  
12
TYPE OF REPORTING PERSON
 
PN
  


 
 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  7 of 17 Pages

 
1
NAME OF REPORTING PERSON
 
Sageview Capital MGP, LLC
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  x
(b)  o
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
 
 
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%
  
12
TYPE OF REPORTING PERSON
 
OO
  

 
 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  8 of 17 Pages

 
1
NAME OF REPORTING PERSON
 
Edward A. Gilhuly
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  x
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
 
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
 
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%
  
12
TYPE OF REPORTING PERSON
 
IN
  

 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  9 of 17 Pages

 
1
NAME OF REPORTING PERSON
 
Scott M. Stuart
  
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
 
(a)  x
(b)  o
3
SEC USE ONLY
 
 
  
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
USA
  
NUMBER OF
SHARES
BENEFICIALLY OWNED
BY EACH REPORTING
PERSON
WITH
5
SOLE VOTING POWER
 
 
6
SHARED VOTING POWER
 
0
7
SOLE DISPOSITIVE POWER
 
 
8
SHARED DISPOSITIVE POWER
 
0
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
0
  
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
0%
  
12
TYPE OF REPORTING PERSON
 
IN
  

 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  10 of 17 Pages

 
Item 1.
(a)
Name of Issuer
     
   
State Bank Financial Corporation (the “Issuer”)
 
 
(b)
Address of Issuer’s Principal Executive Offices
     
   
415 East Paces Ferry Rd, NE
Atlanta, GA  30305
 
Item 2.
(a)
Name of Person Filing
     
   
This Statement on Schedule 13G is being filed on behalf of the following persons (each, a “Reporting Person” and collectively, the “Reporting Persons”):
     
   
(i) Sageview Capital Master, L.P. (“Sageview Master”);
 
(ii) Sageview Capital Partners (A), L.P. (“Sageview (A)”);
 
(iii) Sageview Capital Partners (B), L.P. (“Sageview (B)”);
 
(iv) Sageview Partners (C) (Master), L.P. (“Sageview (C)”);
 
(v) Sageview Capital GenPar, L.P. (“Sageview GenPar”);
 
(vi) Sageview Capital MGP, LLC (“Sageview MGP”);
 
(vii) Edward A. Gilhuly; and
 
(viii) Scott M. Stuart.
 
 
(b)
Address of Principal Business Office or, if none, Residence; (c) Citizenship
 
   
(i) Sageview Master is a Cayman Islands exempted limited partnership formed in order to engage in the acquiring, holding and disposing of investments in various companies. The principal business office of Sageview Master is 55 Railroad Avenue, Greenwich, Connecticut 06830.
 
(ii) Each of Sageview (A) and Sageview (B) is a Delaware limited partnership and Sageview (C) is a Cayman Islands exempted limited partnership.  Sageview (A), Sageview (B) and Sageview (C) (collectively, the “Shareholders”) were formed to act collectively as holders of 100% of the interest in Sageview Master. The principal business office of each of the Shareholders is 55 Railroad Avenue, Greenwich, Connecticut 06830.
 
 
 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  11 of 17 Pages
 
 
   
(iii) Sageview GenPar is a Delaware limited partnership formed to be the sole owner of Sageview Capital GenPar, Ltd., which was formed to act as the general partner of each of the Shareholders. The principal business office of Sageview GenPar is 55 Railroad Avenue, Greenwich, Connecticut 06830. Sageview MGP is the general partner of Sageview GenPar (See Item (iv) of this Section).
 
(iv) Sageview MGP is a Delaware limited liability company formed to act as the general partner of Sageview GenPar. The principal business office of Sageview MGP is 55 Railroad Avenue, Greenwich, Connecticut 06830. The managing members and controlling persons of Sageview MGP are Scott M. Stuart and Edward A. Gilhuly (See Items (v) and (vi) of this Section).
 
(v) Mr. Gilhuly is a managing member and controlling person of Sageview MGP. Mr. Gilhuly is a United States citizen whose business address is c/o Sageview Capital LP, 245 Lytton Ave, Suite 250, Palo Alto, California 94301.
 
(vi) Mr. Stuart is a managing member and controlling person of Sageview MGP. Mr. Stuart is a United States citizen whose business address is 55 Railroad Avenue, Greenwich, Connecticut, 06830.
     
 
(d)
Title of Class of Securities
     
   
Common stock, par value $0.01 per share (the “Shares”)
     
 
(e)
CUSIP Number
     
   
856190103
 
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
 
 
(a)
Not applicable.
   
Item 4.
Ownership
 
All ownership percentages set forth herein assume that there are 31,611,581 Shares outstanding, representing the total number of Shares outstanding as of November 10, 2011, as reported in the amended
 
 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  12 of 17 Pages

Registration Statement of the Issuer filed on Form 10 with the Securities and Exchange Commission (the “SEC”) on November 14, 2011.
 
     
Number of Shares as to which such person has
Reporting Person
Amount Beneficially Owned
Percentage of Class
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:
Sageview Master
0
0%
        
Sageview (A)
0
0%
        
Sageview (B)
0
0%
        
Sageview (C)
0
0%
        
Sageview GenPar
0
0%
        
Sageview MGP
0
0%
        
Mr. Gilhuly
0
0%
        
Mr. Stuart
0
0%
        
 

 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  13 of 17 Pages

 
Item 5.
Ownership of Five Percent or Less of a Class
 
  Each of the Reporting Persons has ceased to be the beneficial owner of more than five percent of the 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.
 
 
 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  14 of 17 Pages

SIGNATURE
 
After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct.
 
Date:  February 14, 2012
 
SAGEVIEW CAPITAL MASTER, L.P.
  
     
     
By:
Sageview Capital GenPar, Ltd.
  
 
its General Partner
  
     
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Director
  
   
   
SAGEVIEW CAPITAL PARTNERS (A), L.P.
  
     
     
By:
Sageview Capital GenPar, Ltd.
  
 
its General Partner
  
     
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Director
  
   
   
SAGEVIEW CAPITAL PARTNERS (B), L.P.
  
     
     
By:
Sageview Capital GenPar, Ltd.
  
 
its General Partner
  
     
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Director
  
   
   
SAGEVIEW PARTNERS (C) MASTER, L.P.
  
     
     
By:
Sageview Capital GenPar, Ltd.
  
 
its General Partner
  
     
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Director
  
   
   
 
 
 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  15 of 17 Pages

 
SAGEVIEW CAPITAL GENPAR, L.P.
  
     
     
By:
Sageview Capital MGP, LLC
  
 
its General Partner
  
     
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Co-President
  
   
   
SAGEVIEW CAPITAL MGP, LLC
  
       
       
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Director
  
       
     
  /s/ Scott M. Stuart  
  Scott M. Stuart  
     
  /s/ Edward A. Gilhuly  
  Edward A. Gilhuly  
 
 
 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  16 of 17 Pages

 
EXHIBIT 1
 
JOINT FILING AGREEMENT
 
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of this Schedule 13G.  This Joint Filing Agreement shall be included as an Exhibit to such joint filing.  In evidence thereof, each of the undersigned, being duly authorized, hereby executed this Agreement.
 
Date:  February 14, 2012
 
 
SAGEVIEW CAPITAL MASTER, L.P.
  
     
     
By:
Sageview Capital GenPar, Ltd.
  
 
its General Partner
  
     
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Director
  
   
   
SAGEVIEW CAPITAL PARTNERS (A), L.P.
  
     
     
By:
Sageview Capital GenPar, Ltd.
  
 
its General Partner
  
     
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Director
  

   
SAGEVIEW CAPITAL PARTNERS (B), L.P.
  
     
     
By:
Sageview Capital GenPar, Ltd.
  
 
its General Partner
  
     
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Director
  
   
 
 
 
 
 
CUSIP No.  856190103
 SCHEDULE 13G
Page  17 of 17 Pages
 
   
SAGEVIEW PARTNERS (C) MASTER, L.P.
  
     
     
By:
Sageview Capital GenPar, Ltd.
  
 
its General Partner
  
     
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Director
  
   
   
SAGEVIEW CAPITAL GENPAR, L.P.
  
     
     
By:
Sageview Capital MGP, LLC
  
 
its General Partner
  
     
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Co-President
  
   
   
SAGEVIEW CAPITAL MGP, LLC
  
       
       
By:
/s/ Scott M. Stuart
  
 
Name:
Scott M. Stuart
  
 
Title:
Director
  
       
     
  /s/ Scott M. Stuart  
  Scott M. Stuart  
     
  /s/ Edward A. Gilhuly  
  Edward A. Gilhuly