SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* WLR IV Exco AIV One, L.P. (Last) (First) (Middle) C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS (Street) NEW YORK NY 10036 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 01/16/2014	3. Issuer Name and Ticker or Trading Symbol EXCO RESOURCES INC [ XCO ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below)	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.001 per share	3,647,172(1)	D(1)(2)
Common Stock, par value $0.001 per share	3,650,028(3)	D(2)(3)
Common Stock, par value $0.001 per share	3,648,003(4)	D(2)(4)
Common Stock, par value $0.001 per share	3,647,360(5)	D(2)(5)
Common Stock, par value $0.001 per share	3,648,670(6)	D(2)(6)
Common Stock, par value $0.001 per share	3,648,280(7)	D(2)(7)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person* WLR IV Exco AIV One, L.P. (Last) (First) (Middle) C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* WLR IV Exco AIV Two, L.P. (Last) (First) (Middle) C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* WLR IV Exco AIV Three, L.P. (Last) (First) (Middle) C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* WLR IV Exco AIV Four, L.P. (Last) (First) (Middle) C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* WLR IV Exco AIV Five, L.P. (Last) (First) (Middle) C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

1. Name and Address of Reporting Person* WLR IV Exco AIV Six, L.P. (Last) (First) (Middle) C/O WL ROSS & CO. LLC 1166 AVENUE OF THE AMERICAS (Street) NEW YORK NY 10036 (City) (State) (Zip) Relationship of Reporting Person(s) to Issuer X Director X 10% Owner Officer (give title below) Other (specify below)

Explanation of Responses:

1. These Shares are held by WLR IV Exco AIV One, L.P. ("Fund IV AIV One"). On January 16, 2014, WLR Recovery Fund IV XCO AIV I, L.P. ("Fund IV AIV I") assigned 3,647,172 shares of Common Stock to Fund IV AIV One.

2. Wilbur L. Ross, Jr. is the Chairman and Chief Executive Officer of WL Ross & Co. LLC ("WLR LLC") and the managing member of El Vedado, LLC, the general partner of WL Ross Group, L.P., which in turn is the managing member of WLR Recovery Associates IV LLC ("Fund IV"). Fund IV is the general partner of Fund IV AIV I, Fund IV AIV II, Fund IV AIV III, Fund IV AIV One, Fund IV AIV Two, Fund IV AIV Three, Fund IV AIV Four, Fund IV AIV Five and Fund IV AIV Six (in each case, as defined below). WLR LLC is the investment manager of Fund IV AIV I, Fund IV AIV II, Fund IV AIV III, Fund IV AIV One, Fund IV AIV Two, Fund IV AIV Three, Fund IV AIV Four, Fund IV AIV Five and Fund IV AIV Six.

3. These Shares are held by WLR IV Exco AIV Two, L.P. ("Fund IV AIV Two"). On January 16, 2014, WLR Recovery Fund IV XCO AIV I, L.P. ("Fund IV AIV I") assigned 3,650,028 shares of Common Stock to Fund IV AIV Two.

4. These Shares are held by WLR IV Exco AIV Three, L.P. ("Fund IV AIV Three"). On January 16, 2014, WLR Recovery Fund IV XCO AIV II, L.P. ("Fund IV AIV II") assigned 3,648,003 shares of Common Stock to Fund IV AIV Three.

5. These Shares are held by WLR IV Exco AIV Four, L.P. ("Fund IV AIV Four"). On January 16, 2014, WLR Recovery Fund IV XCO AIV II, L.P. ("Fund IV AIV II") assigned 3,647,360 shares of Common Stock to Fund IV AIV Four.

6. These Shares are held by WLR IV Exco AIV Five, L.P. ("Fund IV AIV Five"). On January 16, 2014, WLR Recovery Fund IV XCO AIV III, L.P. ("Fund IV AIV III") assigned 3,648,670 shares of Common Stock to Fund IV AIV Five.

7. These Shares are held by WLR IV Exco AIV Six, L.P. ("Fund IV AIV Six"). On January 16, 2014, WLR Recovery Fund IV XCO AIV III, L.P. ("Fund IV AIV III") assigned 3,648,280 shares of Common Stock to Fund IV AIV Six.

Remarks:

Pursuant to Rule 16a-1(a)(2)(ii)(B) under the Securities Exchange Act of 1934, as amended (the "Act"), each Reporting Person may be deemed to be the beneficial owner of the securities reported herein only to the extent of his pecuniary interest therein. Pursuant to Rule 16a-1(a)(4) under the Act, this filing shall not be deemed an admission that each Reporting Person is, for purposes of Section 16 of the Act or otherwise, the beneficial owner of any securities reported herein in excess of such amount.

	WLR IV EXCO AIV ONE, L.P., By: WLR Recovery Associates IV LLC, its General Partner, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Michael J. Gibbons, authorized person	01/17/2014
	WLR IV EXCO AIV TWO, L.P., By: WLR Recovery Associates IV LLC, its General Partner, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Michael J. Gibbons, authorized person	01/17/2014
	WLR IV EXCO AIV THREE, L.P., By: WLR Recovery Associates IV LLC, its General Partner, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Michael J. Gibbons, authorized person	01/17/2014
	WLR IV EXCO AIV FOUR, L.P., By: WLR Recovery Associates IV LLC, its General Partner, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Michael J. Gibbons, authorized person	01/17/2014
	WLR IV EXCO AIV FIVE, L.P., By: WLR Recovery Associates IV LLC, its General Partner, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Michael J. Gibbons, authorized person	01/17/2014
	WLR IV EXCO AIV SIX, L.P., By: WLR Recovery Associates IV LLC, its General Partner, By: WL Ross Group, L.P., its Managing Member, By: El Vedado, LLC, its General Partner, By: /s/ Michael J. Gibbons, authorized person	01/17/2014
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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