-----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, D4TZ9dPZR3+8NMrYQDyTurrB1EXzOAUa9hXWoSQIl4RMteZNycdLu+602RVRa3bK ouM3LtRpnOAgDqjmPoZbPA== 0000922907-08-000182.txt : 20080318 0000922907-08-000182.hdr.sgml : 20080318 20080318143548 ACCESSION NUMBER: 0000922907-08-000182 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080318 DATE AS OF CHANGE: 20080318 GROUP MEMBERS: JAYHAWK INSTITUTIONAL PARTNERS, L.P. GROUP MEMBERS: KENT MCCARTHY SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BROOKE CORP CENTRAL INDEX KEY: 0000834408 STANDARD INDUSTRIAL CLASSIFICATION: INSURANCE AGENTS BROKERS & SERVICES [6411] IRS NUMBER: 481009756 STATE OF INCORPORATION: KS FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-80711 FILM NUMBER: 08695963 BUSINESS ADDRESS: STREET 1: 205 F STREET 2ND FLOOR CITY: PHILLIPSBURG STATE: KS ZIP: 67661 MAIL ADDRESS: STREET 1: P O BOX 412008 CITY: KANSAS CITY STATE: MO ZIP: 64141-2008 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JAYHAWK CAPITAL MANAGEMENT LLC CENTRAL INDEX KEY: 0001002078 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 8201 MISSION RD STREET 2: SUITE 110 CITY: PRAIRIE VILLAGE STATE: KS ZIP: 66208 BUSINESS PHONE: 9136422611 MAIL ADDRESS: STREET 1: 8201 MISSION RD STREET 2: SUITE 110 CITY: PRAIRIE VILLAGE STATE: KS ZIP: 66208 SC 13G/A 1 sch13ga_031808.htm Schedule 13G/A

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

                                 SCHEDULE 13G/A

                   Under the Securities Exchange Act of 1934*

                               Brooke Corporation
- --------------------------------------------------------------------------------
                                (Name of Issuer)

                     Common Stock, par value $0.01 per share
- --------------------------------------------------------------------------------
                         (Title of Class of Securities)

                                    112502109
- --------------------------------------------------------------------------------
                                 (CUSIP Number)

                                December 31, 2007
- --------------------------------------------------------------------------------
             (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)
         [X]  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 (the "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.                           112502109
- -------------------------------------------------------------------------------------------------------------------


- ----------------------- -----------------------------------------------------------------------------------------------

          1             NAME OF REPORTING PERSON
                        I.R.S.  IDENTIFICATION  NO.  OF ABOVE  PERSON
                        (entities only)

                        Kent C. McCarthy

- ----------------------- -----------------------------------------------------------------------------------------------

          2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                        (See Instructions)

                        (a) [ ]

                        (b) [X]

- ----------------------- -----------------------------------------------------------------------------------------------

          3             SEC USE ONLY

- ----------------------- -----------------------------------------------------------------------------------------------

          4             CITIZENSHIP OR PLACE OF ORGANIZATION

                        United States of America

- ----------------------- -------------- --------------------------------------------------------------------------------

                              5        SOLE VOTING POWER
   NUMBER OF SHARES
BENEFICIALLY OWNED BY                  0
EACH REPORTING PERSON
        WITH:
                        -------------- --------------------------------------------------------------------------------

                              6        SHARED VOTING POWER

                                       1,671,918*

                        -------------- --------------------------------------------------------------------------------

                              7        SOLE DISPOSITIVE POWER

                                       0

                        -------------- --------------------------------------------------------------------------------

                              8        SHARED DISPOSITIVE POWER

                                       1,671,918*

- ----------------------- -----------------------------------------------------------------------------------------------

          9             AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                        1,671,918* (see Item 4)

- ----------------------- -----------------------------------------------------------------------------------------------

          10            CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES (See Instructions)  [   ]
                        Not Applicable

- ----------------------- -----------------------------------------------------------------------------------------------

          11            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                        9.9%**

- ----------------------- -----------------------------------------------------------------------------------------------

          12            TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
                        IN
- ----------------------- -----------------------------------------------------------------------------------------------
* Includes (a) 1,371,918  shares of common  stock;  and (b) warrants to purchase
300,000  shares of common  stock that are  exercisable  within 60 days of filing
this  report.

** Based on 14,219,221  shares of common stock outstanding as reported by Brooke
Corporation on its Form 10-Q filed with the  Securities and Exchange  Commission
on November  7, 2007.  The terms of the  warrants  limit  Jayhawk  Institutional
Partners, L.P. from exercising warrants that would cause its ownership of common
stock to exceed 9.99%.



- -------------------------------------------------------------------------------------------------------------------
CUSIP No.                           112502109
- -------------------------------------------------------------------------------------------------------------------


- ----------------------- -----------------------------------------------------------------------------------------------

          1             NAME OF REPORTING PERSON
                        I.R.S.  IDENTIFICATION  NO.  OF ABOVE  PERSON
                        (entities only)

                        Jayhawk Capital Management, L.L.C. (48-1172612)

- ----------------------- -----------------------------------------------------------------------------------------------

          2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                        (See Instructions)

                        (a) [ ]

                        (b) [X]

- ----------------------- -----------------------------------------------------------------------------------------------

          3             SEC USE ONLY

- ----------------------- -----------------------------------------------------------------------------------------------

          4             CITIZENSHIP OR PLACE OF ORGANIZATION

                        Delaware

- ----------------------- -------------- --------------------------------------------------------------------------------

                              5        SOLE VOTING POWER
   NUMBER OF SHARES
BENEFICIALLY OWNED BY                  0
EACH REPORTING PERSON
        WITH:

                        -------------- --------------------------------------------------------------------------------

                              6        SHARED VOTING POWER

                                       1,671,918*

                        -------------- --------------------------------------------------------------------------------

                              7        SOLE DISPOSITIVE POWER

                                       0

                        -------------- --------------------------------------------------------------------------------

                              8        SHARED DISPOSITIVE POWER

                                       1,671,918*

- ----------------------- -----------------------------------------------------------------------------------------------

          9             AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                        1,671,918* (see Item 4)

- ----------------------- -----------------------------------------------------------------------------------------------

          10            CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES (See Instructions)  [   ]
                        Not Applicable

- ----------------------- -----------------------------------------------------------------------------------------------
          11            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                        9.9%**

- ----------------------- -----------------------------------------------------------------------------------------------

          12            TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
                        IA
- ----------------------- -----------------------------------------------------------------------------------------------
* Includes (a) 1,371,918  shares of common  stock;  and (b) warrants to purchase
300,000  shares of common  stock that are  exercisable  within 60 days of filing
this report.

** Based on 14,219,221  shares of common stock outstanding as reported by Brooke
Corporation on its Form 10-Q filed with the  Securities and Exchange  Commission
on November  7, 2007.  The terms of the  warrants  limit  Jayhawk  Institutional
Partners, L.P. from exercising warrants that would cause its ownership of common
stock to exceed 9.99%.





- -------------------------------------------------------------------------------------------------------------------
CUSIP No.                           112502109
- -------------------------------------------------------------------------------------------------------------------


- ----------------------- -----------------------------------------------------------------------------------------------

          1             NAME OF REPORTING PERSON
                        I.R.S.  IDENTIFICATION  NO.  OF ABOVE  PERSON
                        (entities only)

                        Jayhawk Institutional Partners, L.P. (48-1172611)
- ----------------------- -----------------------------------------------------------------------------------------------

          2             CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
                        (See Instructions)

                        (a) [ ]

                        (b) [X]

- ----------------------- -----------------------------------------------------------------------------------------------

          3             SEC USE ONLY

- ----------------------- -----------------------------------------------------------------------------------------------

          4             CITIZENSHIP OR PLACE OF ORGANIZATION

                        Delaware

- ----------------------- -------------- --------------------------------------------------------------------------------

                              5        SOLE VOTING POWER
   NUMBER OF SHARES
BENEFICIALLY OWNED BY                  0
EACH REPORTING PERSON
        WITH:

                        -------------- --------------------------------------------------------------------------------

                              6        SHARED VOTING POWER

                                       1,671,918*

                        -------------- --------------------------------------------------------------------------------

                              7        SOLE DISPOSITIVE POWER

                                       0

                        -------------- --------------------------------------------------------------------------------

                              8        SHARED DISPOSITIVE POWER

                                       1,671,918*

- ----------------------- -----------------------------------------------------------------------------------------------

          9             AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

                        1,671,918* (see Item 4)

- ----------------------- -----------------------------------------------------------------------------------------------

          10            CHECK IF THE AGGREGATE AMOUNT IN ROW 9 EXCLUDES CERTAIN SHARES (See Instructions)  [   ]
                        Not Applicable

- ----------------------- -----------------------------------------------------------------------------------------------

          11            PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
                        9.9%**

- ----------------------- -----------------------------------------------------------------------------------------------

          12            TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
                        PN
- ----------------------- -----------------------------------------------------------------------------------------------
* Includes (a) 1,371,918  shares of common  stock;  and (b) warrants to purchase
300,000  shares of common  stock that are  exercisable  within 60 days of filing
this report.

** Based on 14,219,221  shares of common stock outstanding as reported by Brooke
Corporation on its Form 10-Q filed with the  Securities and Exchange  Commission
on November  7, 2007.  The terms of the  warrants  limit  Jayhawk  Institutional
Partners, L.P. from exercising warrants that would cause its ownership of common
stock to exceed 9.99%.




Item 4   Ownership:

I. The information below is as of the date of this filing:

(a) Amount beneficially owned:
        1. Jayhawk Institutional  Partners, L.P.:  1,671,918 *
        2. Jayhawk Capital Management, L.L.C.: 1,671,918 *
        3. Kent McCarthy: 1,671,918 *

(b) Percent of Class:
        1. Jayhawk Institutional  Partners, L.P.:  9.99% **
        2. Jayhawk Capital Management, L.L.C.: 9.99% **
        3. Kent McCarthy: 9.99% **

(c) Number of shares as to which the person has:

     (i) Sole  power to vote or to direct  the vote:
        1  Jayhawk Institutional Partners, L.P.: 0
        2. Jayhawk Capital  Management, L.L.C.:  0
        3. Kent McCarthy: 0

     (ii) Shared power to vote or to direct the vote:
        1. Jayhawk Institutional Partners, L.P.:  1,671,918 *
        2. Jayhawk Capital  Management, L.L.C.:  1,671,918 *
        3. Kent McCarthy: 1,671,918 *

     (iii) Sole power to dispose or to direct the disposition of:
        1. Jayhawk Institutional Partners, L.P.: 0
        2. Jayhawk Capital Management,  .L.C.: 0
        3. Kent McCarthy: 0

     (iv) Sole power to dispose or to direct the  disposition of:
        1. Jayhawk Institutional Partners, L.P.: 1,671,918  *
        2. Jayhawk Capital Management, L.L.C.: 1,671,918 *
        3. Kent McCarthy: 1,671,918 *

*  Includes  1,371,918  shares of common  stock and  300,000  warrants  that are
exercisable within 60 days of filing this report.

** Based on 14,219,221  shares of common stock outstanding as reported by Brooke
Corporation on its Form 10-Q filed with the  Securities and Exchange  Commission
on November  7, 2007.  The terms of the  warrants  limit  Jayhawk  Institutional
Partners, L.P. from exercising warrants that would cause its ownership of common
stock to exceed 9.99%.

II. The information below is as of December 31, 2007:

(a) Amount beneficially owned:
        1. Jayhawk Institutional Partners, L.P.: 1,362,433 ***
        2. Jayhawk Capital Management, L.L.C.: 1,362,433 ***
        3. Kent McCarthy: 1,362,433 ***




(b) Percent of Class:
        1. Jayhawk Institutional Partners, L.P.:  9.58% ****
        2. Jayhawk Capital Management, L.L.C.: 9.58% ****
        3. Kent McCarthy: 9.58% ****

(c) Number of shares as to which the person has:

   (i) Sole  power to vote or to direct  the vote:
        1.  Jayhawk Institutional Partners, L.P.: 0
        2.  Jayhawk Capital  Management, L.L.C.:  0
        3.  Kent McCarthy: 0

   (ii) Shared power to vote or to direct the vote:
        1. Jayhawk Institutional Partners, L.P.:  1,362,433 ***
        2. Jayhawk Capital Management,  L.L.C.: 1,362,433 ***
        3. Kent McCarthy: 1,362,433 ***

  (iii) Sole power to dispose or to direct the disposition of:
        1.  Jayhawk Institutional Partners, L.P.: 0
        2.  Jayhawk Capital Management,  L.L.C.: 0
        3.  Kent McCarthy: 0

   (iv) Sole  power to dispose or to direct the  disposition of:
        1.  Jayhawk Institutional Partners, L.P.:  1,362,433  ***
        2.  Jayhawk Capital Management, L.L.C.: 1,362,433 ***
        3.  Kent McCarthy: 1,362,433 ***

***  Includes  1,062,433  shares of common stock and 300,000  warrants  that are
exercisable within 60 days of filing this report.

**** Based on  14,219,221  shares of common  stock  outstanding  as  reported by
Brooke  Corporation  on its Form 10-Q filed  with the  Securities  and  Exchange
Commission on November 7, 2007.

Item 10   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 my  knowledge  and belief,  I
certify that the information  set forth in this statement is true,  complete and
correct.

Dated:   March 18, 2008

                                        /s/ Kent C. McCarthy
                                  -------------------------------------------
                                  Kent C. McCarthy

                                  Jayhawk Capital Management, L.L.C.



                                        /s/ Kent C. McCarthy
                                  -------------------------------------------
                                  By:    Kent C. McCarthy
                                  Title:  Managing Member

                                  Jayhawk Institutional Partners, L.P.

                                      By: Jayhawk Capital Management, L.L.C.,
                                           Its general partner


                                            /s/ Kent C. McCarthy
                                           ------------------------------------
                                           By:    Kent McCarthy
                                           Title: Managing Member



                                                                Exhibit A

              AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13G

     In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934,
as amended,  the undersigned agree to the joint filing on behalf of each of them
of a statement on Schedule 13G  (including  amendments  thereto) with respect to
the Common Stock, par value $0.01 per share, of Brooke Corporation,  and further
agree that this Agreement be included as an exhibit to such filings.

     In evidence  whereof,  the  undersigned  have caused this  Agreement  to be
executed on their behalf this 18th day of March, 2008.



                                        /s/ Kent C. McCarthy
                                  -------------------------------------------
                                  Kent C. McCarthy

                                  Jayhawk Capital Management, L.L.C.



                                        /s/ Kent C. McCarthy
                                  -------------------------------------------
                                  By:    Kent C. McCarthy
                                  Title:  Managing Member

                                  Jayhawk Institutional Partners, L.P.

                                      By: Jayhawk Capital Management, L.L.C.,
                                           Its general partner


                                            /s/ Kent C. McCarthy
                                           ------------------------------------
                                           By:    Kent McCarthy
                                           Title: Managing Member



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