-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N1x3Rc9QtmYBZ8r3Z7tO02hc1SW+uLctQHEUBuM2ryhEpiO0MWBzdJtTSBa/+cWH 13fqZCVhEh/va2dWSKTd8A== 0001228030-03-000002.txt : 20030422 0001228030-03-000002.hdr.sgml : 20030422 20030422111139 ACCESSION NUMBER: 0001228030-03-000002 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20030422 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: BPM PARTNERS LTD CENTRAL INDEX KEY: 0001228030 FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: STREET 1: 711 LOUISIANA CITY: HOUSTON STATE: TX ZIP: 77002 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MORGAN GRENFELL SMALLCAP FUND INC CENTRAL INDEX KEY: 0000809584 IRS NUMBER: 133389036 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-39284 FILM NUMBER: 03657742 BUSINESS ADDRESS: STREET 1: 885 THIRD AVE STE 1740 CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 2122302600 MAIL ADDRESS: STREET 1: 885 THIRD AVE STREET 2: STE 1740 CITY: NEW YORK STATE: NY ZIP: 10022 SC 13D 1 mgc13dbp.txt SCHEDULE 13 D TYPE: SC 13D SEQUENCE: 1 Securities and Exchange Commission Washington, D.C. 20549 ------------------------------- SCHEDULE 13D Under the Securities Exchange Act of 1934 SMALLCap Fund, Inc. - ----------------------------------------------------------------------- (Name of Issuer) Common Stock - ----------------------------------------------------------------------- (Title of Class of Securities) 831680103 - ----------------------------------------------------------------------- (CUSIP Number) BPM Partners Ltd. c/o Ralph McBride Bracewell & Patterson 711 Louisiana Houston, Texas 77002 (713) 221-1208 - ----------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) April 21, 2003 - ----------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(b)(3) or (4), check the following box. [ ] CUSIP No.: 831680103 13D Page 2 - ---------------------- -------- ======================================================================== 1 NAME OF REPORTING PERSON S.S. OR I.R.S. ID NO. OF ABOVE PERSON BPM Partners Ltd. ======================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER (a) [ ] OF A GROUP (b) [ ] ======================================================================== 3 SEC USE ONLY ======================================================================== 4 SOURCE OF FUNDS OO ======================================================================== 5 CHECK BOX IF DISCLOSURE OF LEGAL [ ] PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ======================================================================== 6 CITIZENSHIP OR PLACE OF ORGANIZATION 711 Louisiana, Houston, TX 77002 ======================================================================== NUMBER OF | | SOLE VOTING POWER SHARES | 7 | 0 ======================================================================== BENEFICIALLY | | SHARED VOTING POWER OWNED | 8 | 518623 ======================================================================== BY EACH | | SOLE DISPOSITIVE POWER REPORTING | 9 | 0 ======================================================================== PERSON | | SHARED DISPOSITIVE POWER WITH | 10 | 518623 ======================================================================== 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 518623 ======================================================================= 12 CHECK IF THE AGGREGATE AMOUNT IN ROW [ ] (11) EXCLUDES CERTAIN SHARES ======================================================================= 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.2% ======================================================================= 14 TYPE OF REPORTING PERSON PN ====================================================================== CUSIP No.: 831680103 13D Page 3 - - --------------------- ---------- ITEM 1. SECURITY AND ISSUER This Schedule 13D relates to the shares of Common Stock, par value $.01 per share (the "Common Stock"), of The SMALLCap Fund, Inc. (the"Issuer"), a corporation organized under the laws of the State of Maryland and registered as an investment company under the Investment Company Act of 1940, as amended (the "Investment Company Act"). The principal executive offices of the Fund are located at One South Street, Baltimore, Maryland 21202, Telephone: (800)730-1313. ITEM 2. IDENTITY AND BACKGROUND (a) - (c) This Schedule 13D is being filed by BPM Partners Ltd., a Texas family investment partnership, c/o Ralph Mc Bride, Bracewell & Patterson, 711 Louisiana, Houston, Texas 77002. (d) None (e) None (f) USA ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION Investment funds ITEM 4. PURPOSE OF TRANSACTION The shares of the issuer were purchased for investment purposes, under the direction and discretion of Ron Olin Investment Management Co., a registered investment adviser. Such shares are included in shares reported in the Schedule D joint filings of Deep Discount Advisors, Inc. and Ron Olin Investment Management Co. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER (a) The Fund's definitive proxy materials, dated March 14, 2003 states that, as of March 13,2003, there were 9,903,194 shares of Common Stock outstanding. The percentage set forth in this Item 5(a) was derived using such number. The Reporting Persons are the beneficial owners of 518,623 shares of Common Stock, which constitute approximately 5.2% of the outstanding shares of Common Stock. (b) Power to vote and to dispose of the securities resides with BPM Partners Ltd. and Ron Olin Investment Management Company. (c) During the last sixty days, the following shares of Common Stock were bought on the New York Stock Exchange: Date Number of Shares Bought Price Per Share - --------- -------------------------- --------------- 2/27/03 5000 7.8331 2/28/03 5600 7.9488 3/03/03 7600 8.0209 3/04/03 26500 7.9942 3/05/03 12127 7.8191 3/07/03 8600 7.6547 3/10/03 7800 7.5614 3/11/03 2400 7.5163 3/12/03 7100 7.46 3/14/03 4200 7.6902 ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER None ITEM 7. MATERIAL TO BE FILED AS EXHIBITS None 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. Date: April 22, 2003 BPM Partners Ltd. By: /s/ L.D. Blackwell ---------------------------- Name: L.D. Blackwell Title: General Partner -----END PRIVACY-ENHANCED MESSAGE-----