0000945621-15-000087.txt : 20150218 0000945621-15-000087.hdr.sgml : 20150216 20150217131346 ACCESSION NUMBER: 0000945621-15-000087 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20150217 DATE AS OF CHANGE: 20150217 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TPG Specialty Lending, Inc. CENTRAL INDEX KEY: 0001508655 IRS NUMBER: 273380000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-86304 FILM NUMBER: 15620407 BUSINESS ADDRESS: STREET 1: 301 COMMERCE STREET, SUITE 3300 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-871-4000 MAIL ADDRESS: STREET 1: 301 COMMERCE STREET, SUITE 3300 CITY: FORT WORTH STATE: TX ZIP: 76102 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Universities Superannuation Scheme Ltd as trustee for Universities Superannuation Scheme CENTRAL INDEX KEY: 0001523591 IRS NUMBER: 980076631 STATE OF INCORPORATION: X0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: ROYAL LIVER BUILDING CITY: LIVERPOOL STATE: X0 ZIP: L3 1PY BUSINESS PHONE: 44 0 151 2274711 MAIL ADDRESS: STREET 1: ROYAL LIVER BUILDING CITY: LIVERPOOL STATE: X0 ZIP: L3 1PY SC 13G 1 tpg13g12312014.htm SCHEDULE 13G tpg13g12312014.htm

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

SCHEDULE 13G
(Rule 13d-102)

Under the Securities Exchange Act of 1934


 
 
TPG Specialty Lending, Inc.
(Name of Issuer)
 
Common Stock, $0.01 par value
(Title of Class of Securities)
 
87265K102
(CUSIP Number)
 
December 31, 2014
 (Date of Event which Requires Filing of this Statement)
 
 
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
 
 X
   Rule 13d-1(b)
   
 
   Rule 13d-1(c)
   
 
   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  87265K102
 
Page 2 of 8 Pages

1
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
Universities Superannuation Scheme Ltd as trustee for Universities Superannuation Scheme
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 Kingdom
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
0
 
6
SHARED VOTING POWER
 
3,488,476*
 
7
SOLE DISPOSITIVE POWER
 
0
 
8
SHARED DISPOSITIVE POWER
 
3,488,476*
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,448,476
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
Not Applicable
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
6.5%
12
TYPE OF REPORTING (SEE INSTRUCTIONS)
 
FI
 
*  See Attachment A

 
 

 


CUSIP  87265K102
 
Page 3 of 8 Pages

1
NAMES OF REPORTING PERSONS.
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)
 
USS Investment Management Limited
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 Kingdom
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
0
 
6
SHARED VOTING POWER
 
3,488,476*
 
7
SOLE DISPOSITIVE POWER
 
0
 
8
SHARED DISPOSITIVE POWER
 
3,488,476*
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
3,488,476 shares
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
 
Not Applicable
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
 
6.5%
12
TYPE OF REPORTING (SEE INSTRUCTIONS)
 
FI
 
 
*  See Attachment A
 
 

 


CUSIP  87265K102
 
Page 4 of 8 Pages

Item 1(a).
Name of Issuer:    TPG Specialty Lending, Inc.
 
Item 1(b).
Address of Issuer’s Principal Executive Offices:
 
301 Commerce Street, Suite 3300
Forth Worth, TX 76102
 
Item 2(a).
Name of Person(s) Filing:
 
This Schedule 13G is being filed jointly by Universities Superannuation Scheme Ltd as trustee for Universities Superannuation Scheme (“USSL”) and
USS Investment Management Limited (“USSIM”).
 
Item 2(b).
Address of Principal Business Office or, if None, Residence:
 
Both USSL and USSIM maintain their principal offices at:
Royal Liver Building
Liverpool L3 1PY
United Kingdom
 
Item 2(c).
Citizenship:
 
Both USSL and USSIM are incorporated in the United Kingdom.
 
Item 2(d).
Title of Class of Securities:
 
Common Stock, $0.01 par value
 
Item 2(e).
CUSIP Number:
 
87265K102
 
Item 3.
If this Statement is Filed Pursuant to Rule 13d-1(b), or 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 §240.13d-1(b)(1)(ii)(E);
(f)       o       An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F);
(g)       o     A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)       o       A savings associations 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 of 1940 (15 U.S.C. 80a-3);
(j)       x      A non-U.S. institution, in accordance with §240.13d-1(b)(1)(ii)(J);
(k)       o       Group, in accordance with §240.13d-1(b)(1)(ii)(K).
 
If filing for a non-U.S. institution in accordance with  §240.13d-1(b)(1)(ii)(J), please specify the type of institution. Non-U.S. investment adviser and Non-U.S. employee benefit plan


 
 

 


CUSIP  87265K102
 
Page 5 of 8 Pages
 
 
 
Item 4. Ownership*:
   
A. Universities Superannuation Scheme Ltd as trustee for Universities Superannuation Scheme 
(a)    Amount beneficially owned:  3,488,476
(b) Percent of class: 6.5%
(c) Number of Shares as to which the person has:
 
(i)
(ii)
(iii)
(iv)
sole power to vote or to direct the vote:
shared power to vote or direct the vote: 3,488,476
sole power to dispose or to direct the disposition of:
shared power to dispose or to direct the disposition of:  3,488,476
     
B. USS Investment Management Limited
(a) Amount beneficially owned:  3,488,476
(b) Percent of class: 6.5%
(c) Number of Shares as to which the person has:
 
(i)
(ii)
(iii)
(iv)
sole power to vote or to direct the vote:
shared power to vote or direct the vote: 3,488,476
sole power to dispose or to direct the disposition of:
shared power to dispose or to direct the disposition of:  3,488,476
   
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 5% of the class of securities, check the following: [ ]
 
Item 6.
Ownership of More than Five Percent on Behalf of Another Person:
 
See Attachment A.
 
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company:
 
Not Applicable
 
Item 8.
Identification and Classification of Members of the Group:
 
Not Applicable

*  See Attachment A
 
 

 


CUSIP  87265K102
 
Page 6 of 8 Pages

Item 9.
Notice of Dissolution of Group:
 
Not Applicable
   
Item 10.
Certification:
 
Each of the Reporting Persons hereby makes the following 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.
 
SIGNATURE
 
After reasonable inquiry and to the best of the knowledge and belief of the undersigned, the undersigned certifies that the information set forth in this statement is true, complete and correct.
 
EXECUTED as a sealed instrument this 17th day of February, 2015.
 

 
 
Universities Superannuation Scheme Ltd as trustee for Universities Superannuation Scheme
     
 
By:
/s/ Ian Sherlock
   
By: Ian Sherlock          
   
Its:  Company Secretary      
     
     
 
USS Investment Management Limited
     
 
By:
/s/ Simon James
   
By: Simon James        
   
Its:  Chief Compliance Officer     

 

 
 

 


 
CUSIP  87265K102
 
Page 7 of 8 Pages

 
Exhibit 1
 

 
AGREEMENT
 
Each of the undersigned, pursuant to Rule 13d-1(k)(l) under the Securities Exchange Act of 1934, as amended, hereby agrees that only one statement containing the information required by Schedule 13G needs be filed with respect to the ownership by each of the undersigned of the shares of common stock of TPG Specialty Lending, Inc. and that the Schedule 13G to which this Agreement is appended as Exhibit 1 is to be filed with the Securities and Exchange Commission on behalf of each of the undersigned on or about the date hereof.
 
EXECUTED as a sealed instrument this 17th day of  February, 2015.
 
 
Universities Superannuation Scheme Ltd as trustee for Universities Superannuation Scheme
     
 
By:
/s/ Ian Sherlock
   
By: Ian Sherlock          
   
Its:  Company Secretary    
     
     
 
USS Investment Management Limited
     
 
By:
/s/ Simon James
   
By:  Simon James       
   
Its:   Chief Compliance Officer     
 

 
 
 

 
CUSIP  87265K102
 
Page 8 of 8 Pages


ATTACHMENT A
 
Item 4 of Schedule 13G
 
    As of December 31, 2014, Universities Superannuation Scheme Ltd ("USSL") as trustee for Universitites Superannuation Scheme ("USS") was the legal owner of 3,488,476 shares of Common Stock.  Based on there being 53,797,358 shares of Common Stock, USSL's holding represents approximately 6.5% of the outstanding Common Stock.
 
    USS Investment Management Limited ("USSIM") serves as investment manager to USS and has discretionary and voting power over the shares held by USSL.  Accordingly, USSIM may be deemed to be the beneficial owner of 3,488,476 shares of Common Stock, 3,488,476 of which are held by USSL.
 
    USSIM disclaims beneficial ownership of the shares of Common Stock of the Issuer held by USSL, except to the extent of any pecuniary interest therefrom, and this report shall not be deemed to be an admission that it is the beneficial owner of such securities.