0001341004-16-001142.txt : 20160216 0001341004-16-001142.hdr.sgml : 20160215 20160216165105 ACCESSION NUMBER: 0001341004-16-001142 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20160216 DATE AS OF CHANGE: 20160216 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: New Senior Investment Group Inc. CENTRAL INDEX KEY: 0001610114 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 000000000 STATE OF INCORPORATION: NY FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-88406 FILM NUMBER: 161429727 BUSINESS ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS, 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 2128235564 MAIL ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS, 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10105 FORMER COMPANY: FORMER CONFORMED NAME: New Healthcare Investment Corp. DATE OF NAME CHANGE: 20140605 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Fortress Investment Group LLC CENTRAL INDEX KEY: 0001380393 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10105 BUSINESS PHONE: 212-798-6100 MAIL ADDRESS: STREET 1: 1345 AVENUE OF THE AMERICAS STREET 2: 46TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10105 FORMER COMPANY: FORMER CONFORMED NAME: Fortress Investment Group Holdings LLC DATE OF NAME CHANGE: 20061107 SC 13G/A 1 sc13ga1.htm SCHEDULE 13G, AMENDMENT NO. 1 sc13ga1.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
 
SCHEDULE 13G
 
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
 
 
New Senior Investment Group Inc.
(Name of Issuer)
 
 
Common Stock
(Title of Class of Securities)
 
648691103
(CUSIP Number)
 
 
December 31, 2015
(Date of Event Which Requires Filing of this Statement)
 
 
Check the appropriate box to designate the rule pursuant to which this schedule is filed:

 
o Rule 13d-1(b)
 
o Rule 13d-1(c)
 
þ 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).


 
 
 

CUSIP No.: 648691103

 
 
CUSIP No. 
648691103
  


1
NAME OF REPORTING PERSON
 
Fortress Operating Entity I LP
2 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) 
o
 
(b) 
o
3
SEC USE ONLY
4 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES 
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5
SOLE VOTING POWER
0
6
SHARED VOTING POWER
5,672,083
7
SOLE DISPOSITIVE POWER
0
8 
SHARED DISPOSITIVE POWER
5,672,083
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,672,083
10 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%(1)
12 
TYPE OF REPORTING PERSON
PN
 
(1)
Based on 86,534,140 Common Stock shares outstanding as of October 30, 2015, as provided by the Issuer, plus 5,499,235 options beneficially owned by Fortress Operating Entity I LP that, as of December 31, 2015, were exercisable within 60 days.
 

 
2
 
 
CUSIP No.: 648691103

 
 
CUSIP No. 
648691103
  

 
1
NAME OF REPORTING PERSON
 
FIG Corp.
2 
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) 
o
 
(b) 
o
3
SEC USE ONLY
4 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES 
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5 
SOLE VOTING POWER
0
6
SHARED VOTING POWER
5,672,083(1)
7
SOLE DISPOSITIVE POWER
0
8 
SHARED DISPOSITIVE POWER
5,672,083(1)
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,672,083
10 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%(2)
12 
TYPE OF REPORTING PERSON
CO
 
(1)
Solely in its capacity as the general partner of Fortress Operating Entity I LP.
 
(2)
Based on 86,534,140 Common Stock shares outstanding as of October 31, 2015, as provided by the Issuer, plus 5,499,235 options beneficially owned by Fortress Operating Entity I LP that, as of December 31, 2015, were exercisable within 60 days.
 

 
3
 
 
CUSIP No.: 648691103


CUSIP No. 
648691103
  


1 
NAME OF REPORTING PERSON
 
Fortress Investment Group LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
 
(a) 
o
 
(b) 
o
3
SEC USE ONLY
4 
CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
NUMBER OF SHARES 
BENEFICIALLY
OWNED BY
EACH
REPORTING
PERSON
WITH
5 
SOLE VOTING POWER
0
6
SHARED VOTING POWER
5,672,083(1)
7 
SOLE DISPOSITIVE POWER
0
8
SHARED DISPOSITIVE POWER
5,672,083(1)
9 
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,672,083
10 
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
o
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
6.0%(2)
12 
TYPE OF REPORTING PERSON
OO
 
(1)
Solely in its capacity as the holder of all issued and outstanding shares of FIG Corp.
 
(2)
Based on 86,534,140 Common Stock shares outstanding as of October 31, 2015, as provided by the Issuer, plus 5,499,235 options beneficially owned by Fortress Operating Entity I LP that, as of December 31, 2015, were exercisable within 60 days.
 
 
 
4
 

 
  Item 1.
 
 
(a)
Name of Issuer:
 
The name of the issuer is New Senior Investment Group Inc. (the "Issuer").
 
 
(b)
Address of Issuer's Principal Executive Offices:
 
The Issuer's principal executive offices are located at 1345 Avenue of the Americas, New York, NY 10105.
 
  Item 2.
 
 
(a)
Name of Person Filing:
 
This statement is filed by:
 
 
(i)
Fortress Operating Entity I LP, a Delaware limited liability company;
 
 
(ii)
FIG Corp., a Delaware corporation, is the general partner of Fortress Operating Entity I LP and may therefore be deemed to beneficially own the Common Stock beneficially owned thereby; and
 
 
(iii)
Fortress Investment Group LLC, a Delaware limited liability company, is the holder of all the issued and outstanding shares of FIG Corp. and may therefore be deemed to beneficial own the Common Stock beneficially owned thereby.
 
The Joint Filing Agreement among the Reporting Persons to file this Amendment No. 1 to Schedule 13G jointly in accordance with Rule 13d-1(k) of the Exchange Act was filed as Exhibit 1 to Schedule 13G, filed February 17, 2015, and is incorporated herein by reference.
 
 
(b)
Address of Principal Business Office:
 
The address of the principal business office of each of the Reporting Persons is c/o Fortress Investment Group LLC, 1345 Avenue of the Americas, 46th Floor, New York, NY 10105.
 
 
(c)
Citizenship:
 
See Item 4 of each of the cover pages.
 
 
(d)
Title of Class of Securities:
 
Common Stock, par value $0.01 per share.
 
 
(e)
CUSIP Number:
 
648691103
 

 
5
 

 
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:
 
 
(a)
o Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).
 
 
(b)
o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
 
 
(c)
o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
 
 
(d)
o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
 
 
(e)
o An investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
 
 
(f)
o An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
 
 
(g)
o A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
 
 
(h)
o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
 
 
(i)
o 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)
o Group, in accordance with §240.13d-1(b)(1)(ii)(J).
 
Item 4.
Ownership.
 
 
(a)
Amount beneficially owned:  See Item 9 of each of the cover pages.
 
 
(b)
Percent of class:  See Item 11 of each of the cover pages.
 
 
(c)
(i)
Sole power to vote or direct the vote:  See Item 5 of each of the cover pages.
 
 
(ii)
Shared power to vote or direct the vote:  See Item 6 of each of the cover pages.
 
 
(iii)
Sole power to dispose or direct the disposition:  See Item 7 of each of the cover pages.
 
 
(iv)
Shared power to dispose or direct the disposition:  See Item 8 of each of the cover pages.
 
Options referenced herein are contractually required to be settled in an amount of cash equal to the excess of the fair market value of a share on the date of exercise over the exercise price per share, unless a majority of the independent members of the Issuer's board of directors determines to settle the option in shares.
 
Item 5.
Ownership of Five Percent or Less of a Class.
 
Not applicable.
 

 
6
 

 
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 a Group.
 
Not applicable.
 
Item 10.
Certification.
 
Not applicable.
 



 
7
 

 
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.
 
February 16, 2016
 
 
FORTRESS OPERATING ENTITY I LP
  
           
           
 
By: 
FIG CORP.
  
   
Its general partner
  
           
           
   
By:
   /s/ David Brooks  
       
Name: David Brooks
  
       
Title:  Secretary
  
           
           
 
FIG CORP.
  
           
           
   
By:
   /s/ David Brooks  
       
Name:  David Brooks
  
       
Title:  Secretary
  
           
           
 
FORTRESS INVESTMENT GROUP LLC
  
           
           
   
By:
   /s/ David Brooks  
       
Name:  David Brooks
  
       
Title:  Secretary