-----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, Cfaeu9ScrpD0XjfuFDQoa0hFuGp/MJURPq5+eYTY8ghkJTQ6DoAcxg2WHkubtG83 mb6SRLME2RLhDX8G5B7Wzw== 0000908662-99-000008.txt : 19990111 0000908662-99-000008.hdr.sgml : 19990111 ACCESSION NUMBER: 0000908662-99-000008 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 19990108 GROUP MEMBERS: GREENBERG SUMMIT MANAGEMENT LLC GROUP MEMBERS: GREENBERG-SUMMIT MANAGEMENT, L.L.C. CIK 0001061226 GROUP MEMBERS: GREENBERG-SUMMIT PARTNERS, L.L.C. CIK 0001061227 GROUP MEMBERS: LAWRENCE D. GREENBERG CIK 0001061225 GROUP MEMBERS: MT. EVEREST FUND L.P. CIK 0001039664 GROUP MEMBERS: MT. EVEREST FUND LIMITED CIK 0001061229 GROUP MEMBERS: MT. EVEREST QP FUND, L.P. CIK 0001061228 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ALLOU HEALTH & BEAUTY CARE INC CENTRAL INDEX KEY: 0000846538 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122] IRS NUMBER: 112953972 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: SC 13G SEC ACT: SEC FILE NUMBER: 005-40474 FILM NUMBER: 99502800 BUSINESS ADDRESS: STREET 1: 50 EMJAY BLVD CITY: BRENTWOOD STATE: NY ZIP: 11717 BUSINESS PHONE: 5162734000 MAIL ADDRESS: STREET 1: 50 EMJAY BLVD CITY: BRENTWOOD STATE: NY ZIP: 11717 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: GREENBERG SUMMIT MANAGEMENT LLC CENTRAL INDEX KEY: 0001061226 STANDARD INDUSTRIAL CLASSIFICATION: [] FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 600 ATLANTIC AVENUE SUITE 2800 CITY: BOSTON STATE: MA ZIP: 02210 SC 13G 1 SCHEDULE 13G SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No. ) ALLOU HEALTH & BEAUTY CARE, INC. - ------------------------------------------------------------------------------- (Name of Issuer) Class A Common Stock, $.001 par value per share - ------------------------------------------------------------------------------- (Title of Class of Securities) 019782101 ---------------------------------------- (CUSIP Number) December 31, 1998 ----------------------------------------- (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule if 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 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). (Continued on following page(s)) Page 1 of 10 Pages SCHEDULE 13G CUSIP NO. 019782101 Page 2 of 10 Pages - ------- ===================================================================== 1 NAME OF REPORTING PERSON Greenberg-Summit Partners, L.L.C. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-3359603 - ------- ===================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------- ===================================================================== 3 SEC USE ONLY - ------- ===================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION - Delaware - ------- ===================================================================== NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 181,700 EACH 7 SOLE DISPOSITIVE POWER REPORTING 0 PERSON 8 SHARED DISPOSITIVE POWER WITH 181,700 - ------- ===================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 181,700 - ------- ===================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------- ===================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.91% - ------- ===================================================================== 12 TYPE OF REPORTING PERSON* IA - ------- ===================================================================== SCHEDULE 13G CUSIP NO. 019782101 Page 3 of 10 Pages - ------- ===================================================================== 1 NAME OF REPORTING PERSON Greenberg-Summit Management, L.L.C. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-3359610 - ------- ===================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------- ===================================================================== 3 SEC USE ONLY - ------- ===================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION - Delaware - ------- ===================================================================== NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 245,000 EACH 7 SOLE DISPOSITIVE POWER REPORTING 0 PERSON 8 SHARED DISPOSITIVE POWER WITH 245,000 - ------- ===================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 245,000 - ------- ===================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------- ===================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.28% - ------- ===================================================================== 12 TYPE OF REPORTING PERSON* IA - ------- ===================================================================== SCHEDULE 13G CUSIP NO. 019782101 Page 4 of 10 Pages - ------- ===================================================================== 1 NAME OF REPORTING PERSON Mt. Everest Fund, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-3359190 - ------- ===================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------- ===================================================================== 3 SEC USE ONLY - ------- ===================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION - Delaware - ------- ===================================================================== NUMBER OF 5 SOLE VOTING POWER SHARES 36,300 BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 0 EACH 7 SOLE DISPOSITIVE POWER REPORTING 36,300 PERSON 8 SHARED DISPOSITIVE POWER WITH 0 - ------- ===================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 36,300 - ------- ===================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------- ===================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) .78% - ------- ===================================================================== 12 TYPE OF REPORTING PERSON* PN - ------- ===================================================================== SCHEDULE 13G CUSIP NO. 019782101 Page 5 of 10 Pages - ------- ===================================================================== 1 NAME OF REPORTING PERSON Mt. Everest QP Fund, L.P. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: 04-3359192 - ------- ===================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------- ===================================================================== 3 SEC USE ONLY - ------- ===================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION - Delaware - ------- ===================================================================== NUMBER OF 5 SOLE VOTING POWER SHARES 145,400 BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 0 EACH 7 SOLE DISPOSITIVE POWER REPORTING 145,400 PERSON 8 SHARED DISPOSITIVE POWER WITH 0 - ------- ===================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 145,400 - ------- ===================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------- ===================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 3.13% - ------- ===================================================================== 12 TYPE OF REPORTING PERSON* PN - ------- ===================================================================== SCHEDULE 13G CUSIP NO. 019782101 Page 6 of 10 Pages - ------- ===================================================================== 1 NAME OF REPORTING PERSON Mt. Everest Fund Limited S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: - ------- ===================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------- ===================================================================== 3 SEC USE ONLY - ------- ===================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION - Bermuda - ------- ===================================================================== NUMBER OF 5 SOLE VOTING POWER SHARES 63,300 BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 0 EACH 7 SOLE DISPOSITIVE POWER REPORTING 63,300 PERSON 8 SHARED DISPOSITIVE POWER WITH 0 - ------- ===================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 63,300 - ------- ===================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------- ===================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 1.36% - ------- ===================================================================== 12 TYPE OF REPORTING PERSON* 00 - ------- ===================================================================== SCHEDULE 13G CUSIP NO. 019782101 Page 7 of 10 Pages - ------- ===================================================================== 1 NAME OF REPORTING PERSON Lawrence D. Greenberg S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON: ###-##-#### - ------- ===================================================================== 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [x] (b) [ ] - ------- ===================================================================== 3 SEC USE ONLY - ------- ===================================================================== 4 CITIZENSHIP OR PLACE OF ORGANIZATION - United States - ------- ===================================================================== NUMBER OF 5 SOLE VOTING POWER SHARES 0 BENEFICIALLY 6 SHARED VOTING POWER OWNED BY 245,000 EACH 7 SOLE DISPOSITIVE POWER REPORTING 0 PERSON 8 SHARED DISPOSITIVE POWER WITH 245,000 - ------- ===================================================================== 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 245,000 - ------- ===================================================================== 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES* [ ] - ------- ===================================================================== 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 5.28% - ------- ===================================================================== 12 TYPE OF REPORTING PERSON* IN - ------- ===================================================================== Page 8 of 10 Pages SCHEDULE 13G Item 1a. NAME OF ISSUER: Allou Health & Beauty Care, Inc. Item 1b ADDRESS OF ISSUER'S PRINCIPAL EXECUTIVE OFFICES: 50 Emjay Boulevard Brentwood, New York 11717 Item 2a. NAME OF PERSON FILING Lawrence D. Greenberg, an individual, is managing member of Greenberg-Summit Partners, L.L.C. and Greenberg-Summit Management, L.L.C., both Delaware limited liability companies. Greenberg-Summit Partners, L.L.C. is the General Partner to the Mt. Everest Fund, L.P., and Mt. Everest QP Fund, L.P., both Delaware limited partnerships (the "Onshore Funds"). Greenberg-Summit Management, L.L.C. is the Management Company for the Onshore Funds and the Investment Manager for Mt. Everest Limited, a Bermuda Limited Liability Company (the "Offshore Fund"). Lawrence D. Greenberg makes all decisions relating to the acquisition and disposition of investments by the Onshore Funds and the Offshore Fund. Item 2b. ADDRESS OF PRINCIPAL BUSINESS OFFICE: 101 Arch Street, Suite 1930 Boston, MA 02210 Item 2c CITIZENSHIP Greenberg-Summit Partners, L.L.C.: Delaware Greenberg-Summit Management, L.L.C.: Delaware Mt. Everest Fund, L.P.: Delaware Mt. Everest QP Fund, L.P.: Delaware Mt. Everest Fund Limited: Bermuda Lawrence D. Greenberg: United States Item 2d. TITLE OF CLASS OF SECURITIES Class A Common Stock, $.001 par value per share Item 2e. CUSIP NUMBER 019782101 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: Not applicable Item 4. OWNERSHIP 4a. AMOUNT BENEFICIALLY OWNED: Greenberg-Summit Partners, L.L.C.: 181,700 shares Greenberg-Summit Management, L.L.C.: 245,000 shares Mt. Everest Fund, L.P.: 36,300 shares Mt. Everest QP Fund, L.P.: 145,400 shares Mt. Everest Fund Limited: 63,300 shares Lawrence D. Greenberg: 245,000 shares 4b. PERCENT OF CLASS: Greenberg-Summit Partners, L.L.C.: 3.91% Greenberg-Summit Management, L.L.C.: 5.28% Mt. Everest Fund, L.P.: .78% Mt. Everest QP Fund, L.P.: 3.13% Mt. Everest Fund Limited: 1.36% Lawrence D. Greenberg: 5.28% 4c. Number of Shares as to which each such person has (i) Sole power to vote or direct the vote: Mt. Everest Fund, L.P.: 36,300 shares Mt. Everest QP Fund, L.P.: 145,400 shares Mt. Everest Fund Limited: 63,300 shares Page 9 of 10 Pages (ii) Shared power to vote or direct the vote: Greenberg-Summit Partners, L.L.C.: 181,700 shares Greenberg-Summit Management, L.L.C.: 245,000 shares Mt. Everest Fund, L.P.: 0 shares Mt. Everest QP Fund, L.P.: 0 shares Mt. Everest Fund Limited: 0 shares Lawrence D. Greenberg: 245,000 shares (iii) Sole power to dispose or to direct the disposition of: Greenberg-Summit Partners, L.L.C.: 181,700 shares Greenberg-Summit Management, L.L.C.: 245,000 shares Mt. Everest Fund, L.P.: 0 shares Mt. Everest QP Fund, L.P.: 0 shares Mt. Everest Fund Limited: 0 shares Lawrence D. Greenberg: 245,000 shares (iv) Shared power to dispose or to direct the disposition of: Greenberg-Summit Partners, L.L.C.: 181,700 shares Greenberg-Summit Management, L.L.C.: 245,000 shares Mt. Everest Fund, L.P.: 0 shares Mt. Everest QP Fund, L.P.: 0 shares Mt. Everest Fund Limited: 0 shares Lawrence D. Greenberg: 245,000 shares Item 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS: Not applicable 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. Not applicable Item 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP. Not applicable Item 9. NOTICE OF DISSOLUTION OF GROUP. Not applicable Page 10 of 10 Pages 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. After reasonable inquiry and to the best of our knowledge and belief, each of the undersigned certifies that the information set forth in this Schedule 13G is true, complete and correct. Dated: January 8, 1999 GREENBERG-SUMMIT PARTNERS, L.L.C. By: Lawrence D. Greenberg, its managing member /s/ Lawrence D. Greenberg ----------------------------------------------------- Lawrence D. Greenberg GREENBERG-SUMMIT MANAGEMENT, L.L.C. By: Lawrence D. Greenberg, its managing member /s/ Lawrence D. Greenberg ----------------------------------------------------- Lawrence D. Greenberg MT. EVEREST FUND, L.P. By: GREENBERG-SUMMIT PARTNERS, L.L.C., its General Partner By: Lawrence D. Greenberg, its managing member /s/ Lawrence D. Greenberg ----------------------------------------------------- Lawrence D. Greenberg MT. EVEREST QP FUND, L.P. By: GREENBERG-SUMMIT PARTNERS, L.L.C., its General Partner By: Lawrence D. Greenberg, its managing member /s/ Lawrence D. Greenberg ----------------------------------------------------- Lawrence D. Greenberg MT. EVEREST FUND LIMITED By: STEPHEN WOODSUM, Director/Vice President /s/ Stephen G. Woodsum ----------------------------------------------------- Stephen G. Woodsum /s/ Lawrence D. Greenberg ----------------------------------------------------- Lawrence D. Greenberg, individually Exhibit In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, the undersigned agree to the joint filing of a Statement on Schedule 13G (including any and all amendments thereto) with respect to the shares of Class A Common Stock, $.001 par value per share, of Allou Health & Beauty Care, Inc., and further agree that this Joint Filing Agreement be included as an Exhibit thereto. In addition, each party to this Agreement expressly authorizes each other party to this Agreement to file on its behalf any and all amendments to such Statement. Dated: January 8, 1999 GREENBERG-SUMMIT PARTNERS, L.L.C. By: Lawrence D. Greenberg, its managing member /s/ Lawrence D. Greenberg ----------------------------------------------------- Lawrence D. Greenberg GREENBERG-SUMMIT MANAGEMENT, L.L.C. By: Lawrence D. Greenberg, its managing member /s/ Lawrence D. Greenberg ----------------------------------------------------- Lawrence D. Greenberg MT. EVEREST FUND, L.P. By: GREENBERG-SUMMIT PARTNERS, L.L.C., its General Partner By: Lawrence D. Greenberg, its managing member /s/ Lawrence D. Greenberg ----------------------------------------------------- Lawrence D. Greenberg MT. EVEREST QP FUND, L.P. By: GREENBERG-SUMMIT PARTNERS, L.L.C., its General Partner By: Lawrence D. Greenberg, its managing member /s/ Lawrence D. Greenberg ----------------------------------------------------- Lawrence D. Greenberg MT. EVEREST FUND LIMITED By: STEPHEN WOODSUM, Director/Vice President /s/ Stephen G. Woodsum ----------------------------------------------------- Stephen G. Woodsum /s/ Lawrence D. Greenberg ----------------------------------------------------- Lawrence D. Greenberg, individually -----END PRIVACY-ENHANCED MESSAGE-----