-----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, MVcp/b/Ay3h3AjiyBBpbuZXIGf0bFGGGwRSuujdDT4D40ar0HNASixIzYN5jvopg 2+0mWAGFZJYuyDIcLfb6Wg== 0001019973-04-000008.txt : 20040506 0001019973-04-000008.hdr.sgml : 20040506 20040505192850 ACCESSION NUMBER: 0001019973-04-000008 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040506 GROUP MEMBERS: ERIC D. HOVDE GROUP MEMBERS: STEVEN D. HOVDE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: MAXCOR FINANCIAL GROUP INC CENTRAL INDEX KEY: 0000931707 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 593262958 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-46439 FILM NUMBER: 04783018 BUSINESS ADDRESS: STREET 1: ONE SEAPORT PLAZA STREET 2: 19TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10038 BUSINESS PHONE: 6463467000 MAIL ADDRESS: STREET 1: ONE SEAPORT PLAZA STREET 2: 19TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10038 FORMER COMPANY: FORMER CONFORMED NAME: FINANCIAL SERVICES ACQUISITION CORP /DE/ DATE OF NAME CHANGE: 19941020 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: HOVDE ERIC D CENTRAL INDEX KEY: 0001019973 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 1826 JEFFERSON PLACE NW CITY: WASHINGTON STATE: DC ZIP: 20036 BUSINESS PHONE: 2027758109 MAIL ADDRESS: STREET 1: 1826 JEFFERSON PLACE NW CITY: WASHINGTON STATE: DC ZIP: 20036 SC 13G 1 maxf13ghovde.txt 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G UNDER THE EXCHANGE ACT OF 1934 MAXCOR FINANCIAL GROUP INC. - ------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $0.001 per share - ------------------------------------------------------------------------------- (Title of Class of Securities) 57772G100 - ------------------------------------------------------------------------------- (CUSIP Number) April 26, 2004 - ------------------------------------------------------------------------------- (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 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). Page 1 of 7 2
- ------------------------------------------------------------------------------- CUSIP NUMBER 57772G100 - ------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). ERIC D. HOVDE - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ] (b)[X] - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - ------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY 0 EACH ------------------------------------------------------- REPORTING 6. SHARED VOTING POWER PERSON WITH(1) 397,685 shares ------------------------------------------------------- 7. SOLE DISPOSITIVE POWER 0 -------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 397,685 shares - ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 397,685 shares - ------------------------------------------------------------------------------- 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions). [ ] - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- (1) The 397,685 Shares beneficially owned by Eric D. Hovde are as the President, Chief Executive Officer and Managing Member of Hovde Capital Advisors LLC, the Investment Manager to certain managed accounts, which are the direct owners of the Shares.
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- ------------------------------------------------------------------------------- CUSIP NUMBER 57772G100 - ------------------------------------------------------------------------------- 1. NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY). STEVEN D. HOVDE - ------------------------------------------------------------------------------- 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a)[ ] (b)[X] - ------------------------------------------------------------------------------- 3. SEC Use Only - ------------------------------------------------------------------------------- 4. CITIZENSHIP OR PLACE OF ORGANIZATION U.S.A. - ------------------------------------------------------------------------------- NUMBER OF 5. SOLE VOTING POWER SHARES BENEFICIALLY OWNED BY 0 EACH ------------------------------------------------------- REPORTING 6. SHARED VOTING POWER PERSON WITH(2) 397,685 shares ------------------------------------------------------- 7. SOLE DISPOSITIVE POWER 0 ------------------------------------------------------- 8. SHARED DISPOSITIVE POWER 397,685 shares - ------------------------------------------------------------------------------- 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 397,685 shares - ------------------------------------------------------------------------------- 10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (see Instructions). [ ] - ------------------------------------------------------------------------------- 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.6% - ------------------------------------------------------------------------------- 12. TYPE OF REPORTING PERSON IN - ------------------------------------------------------------------------------- (2) The 397,685 Shares beneficially owned by Steven D. Hovde are as Chairman and Member of Hovde Capital Advisors LLC, the Investment Manager to certain managed accounts, which are the direct owners of the Shares.
Page 3 of 7 4 Item 1. The Name of the Issuer is Maxcor Financial Group Inc. (the "Issuer"). The address of the Issuer's Principal Executive Offices is One Seaport Plaza, 19th Floor, New York, New York 10038. Item 2. The persons filing this statement are Eric D. Hovde and Steven D. Hovde (collectively, the "Reporting Persons"). Eric D. Hovde's Principal Business Office is 1826 Jefferson Place, N.W., Washington, D.C. 20036, and Steven D. Hovde's Principal Business Office is 1629 Colonial Parkway, Inverness, IL 60067. Eric D. Hovde is President, Chief Executive Officer and Managing Member of Hovde Capital Advisors LLC (the "Investment Manager"), a limited liability company organized under the laws of the State of Delaware. Steven D. Hovde is Chairman and Member of the Investment Manager. The class of securities to which this statement relates is the Issuer's common stock, par value $0.001 per share (the "Securities" or "Shares"). The CUSIP number of the Securities is 57772G100. The Investment Manager manages certain accounts (the "Managed Accounts"), which are the direct owners of the Securities. Each of the Reporting Persons may be deemed to hold beneficial interests in the Securities through ownership of an interest in, and positions as officers and/or managers of, the Investment Manager. Item 3. If this statement is filed pursuant to sections 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a: (a)[ ] Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o). (b)[ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c). (c)[ ] Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c). (d)[ ] Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C.80a-8). (e)[ ] An investment adviser in accordance with Section 240.13d-1(b)(1)(ii)(E); (f)[ ] An employee benefit plan or endowment fund in accordance with section 240.13d-1(b)(1)(ii)(F); (g)[ ] A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G); (h)[ ] A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813); (i)[ ] 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)[ ] Group, in accordance with section 240.13d-1(b)(1)(ii)(J). Not Applicable Page 4 of 7 5 Item 4. Ownership Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1. As to Eric D. Hovde: (a) Amount beneficially owned: 397,685. (b) Percent of class: 5.6%. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0. (ii) Shared power to vote or direct the vote: 397,685. (iii) Sole power to dispose or to direct the disposition of: 0. (iv) Shared power to dispose or to direct the disposition of: 397,685. As to Steven D. Hovde: (a) Amount beneficially owned: 397,685. (b) Percent of class: 5.6%. (c) Number of shares as to which the person has: (i) Sole power to vote or to direct the vote: 0. (ii) Shared power to vote or direct the vote: 397,685. (v) Sole power to dispose or to direct the disposition of: 0. (vi) Shared power to dispose or to direct the disposition of: 397,685. Page 5 of 7 6 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 five percent of the class of securities, check the following [ ]. Item 6. Ownership of More than Five Percent on Behalf of Another Person The Managed Accounts are the direct owners of the Securities and have the right to receive and/or the power to direct the receipt of dividends from, or the proceeds from the sale of, the Securities. None of the Managed Accounts individually own, directly or beneficially, more than five percent of the class of the Securities. Page 6 of 7 7 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 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. 5/5/04 ---------------------------- Date ERIC D. Hovde /S/ Eric D. Hovde ---------------------------- STEVEN D. HOVDE /S/ Steven D. Hovde ---------------------------- Page 7 of 7 -----END PRIVACY-ENHANCED MESSAGE-----