0000905718-19-000217.txt : 20190214 0000905718-19-000217.hdr.sgml : 20190214 20190214161815 ACCESSION NUMBER: 0000905718-19-000217 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20190214 DATE AS OF CHANGE: 20190214 GROUP MEMBERS: FINTAN MASTER FUND, LTD. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TIPTREE INC. CENTRAL INDEX KEY: 0001393726 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 383754322 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-82950 FILM NUMBER: 19606612 BUSINESS ADDRESS: STREET 1: 780 THIRD AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 212-446-1410 MAIL ADDRESS: STREET 1: 780 THIRD AVENUE STREET 2: 21ST FLOOR CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: TIPTREE FINANCIAL INC. DATE OF NAME CHANGE: 20130701 FORMER COMPANY: FORMER CONFORMED NAME: Care Investment Trust Inc. DATE OF NAME CHANGE: 20070320 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Fintan Partners, LLC CENTRAL INDEX KEY: 0001600089 IRS NUMBER: 202379035 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 303 TWIN DOLPHIN DRIVE STREET 2: 6TH FLOOR CITY: REDWOOD CITY STATE: CA ZIP: 94065 BUSINESS PHONE: 650-687-3450 MAIL ADDRESS: STREET 1: 303 TWIN DOLPHIN DRIVE STREET 2: 6TH FLOOR CITY: REDWOOD CITY STATE: CA ZIP: 94065 SC 13G/A 1 tiptree_13gam1dec312018.htm AMENDMENT NO. 1

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Amendment No. 1)*

 

 

Under the Securities Exchange Act of 1934

 

 

 

Tiptree Inc.

(Name of Issuer)

 

Common Stock, par value $0.001 per share

(Title of Class of Securities)

 

88822Q103

(CUSIP Number)

 

December 31, 2018

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule 13G is filed:

 

[   ]   Rule 13d-1(b)

[   ]   Rule 13d-1(c)

[X]   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 (“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.  88822Q103
(1) Names of Reporting Persons.  I.R.S. Identification Nos. of Above Persons (entities only):  
  Fintan Partners, LLC (20-2379035)  
(2) Check the Appropriate Box if a Member of a Group (a) [   ]  
  (b) [   ]  
     
(3) SEC Use Only
(4) Citizenship or Place of Organization
  United States  
Number of Shares Beneficially Owned By Each Reporting Person With: (5) Sole Voting Power: 0*  
(6) Shared Voting Power: 3,171,065*  
(7) Sole Dispositive Power: 0*  
(8) Shared Dispositive Power: 3,171,065*  
     
   

 

(9) Aggregate Amount Beneficially Owned by Each Reporting Person:      3,171,065*  
(10) Check if the Aggregate Amount  in Row  (9) Excludes Certain Shares (See Instructions):   [    ]
(11) Percent of Class Represented by Amount in Row (9): 8.8%*  
(12) Type of Reporting Person (See Instructions):   IA

 

*Based on the information set forth on the Form 10-Q of Tiptree Inc., a Maryland corporation (the “Company”), filed with the Securities and Exchange Commission on November 5, 2018, there were 35,937,007 shares of common stock, par value $0.001 per share (the “Common Stock”), of the Company outstanding as of November 1, 2018. As of December 31, 2018 (the “Reporting Date”), Fintan Master Fund, Ltd., a Cayman Islands exempted company (the “Master Fund”), owned an aggregate of 3,171,065 shares of the Common Stock. Fintan Partners, LLC, a Delaware limited liability company (“Fintan Partners”), is the investment manager of the Master Fund. As a result of the foregoing, as of the Reporting Date, for the purposes of Reg. Section 240.13d-3, Fintan Partners may be deemed to be the beneficial owner of 3,171,065 shares of Common Stock, or approximately 8.8% of the Common Stock deemed issued and outstanding as of such date.

 

 
 

 

CUSIP NO.  88822Q103
(1) Names of Reporting Persons.  I.R.S. Identification Nos. of Above Persons (entities only):  
  Fintan Master Fund, Ltd.  
(2) Check the Appropriate Box if a Member of a Group (a) [   ]  
  (b) [   ]  
     
(3) SEC Use Only
(4) Citizenship or Place of Organization
  United States  
Number of Shares Beneficially Owned By Each Reporting Person With: (5) Sole Voting Power: 0*  
(6) Shared Voting Power: 3,171,065*  
(7) Sole Dispositive Power: 0*  
(8) Shared Dispositive Power: 3,171,065*  
     
   

 

(9) Aggregate Amount Beneficially Owned by Each Reporting Person:      3,171,065*  
(10) Check if the Aggregate Amount  in Row  (9) Excludes Certain Shares (See Instructions):   [    ]
(11) Percent of Class Represented by Amount in Row (9): 8.8%*  
(12) Type of Reporting Person (See Instructions):   CO

 

* Based on the information set forth on the Form 10-Q of the Company filed with the Securities and Exchange Commission on November 5, 2018, there were 35,937,007 shares of Common Stock of the Company outstanding as of November 1, 2018. As of the Reporting Date, the Master Fund owned an aggregate of 3,171,065 shares of the Common Stock or approximately 8.8% of the Common Stock deemed issued and outstanding as of such date.

 

 

 

 

 

 

Item 1(a).  Name Of Issuer:  
 

Tiptree Inc. (the “Company”)

 

 
Item 1(b).  Address of Issuer’s Principal Executive Offices:  
 

780 Third Avenue, 21st Floor

New York, NY 10017

 

 
Item 2(a).  Name of Person(s) Filing:  
 

This report on Schedule 13G (this “Schedule 13G”), is being jointly filed by (i) Fintan Partners, LLC, a Delaware limited liability company (“Fintan Partners”) and (ii) Fintan Master Fund, Ltd., a Cayman Islands exempted company (the “Master Fund”).

 

The 3,171,065 shares of common stock, par value $0.001 per share (the “Common Stock”), of the Company or approximately 8.8% of the shares of Common Stock of the Company deemed to be issued and outstanding as of December 31, 2018 held by the Master Fund, may be deemed to be beneficially owned indirectly by Fintan Partners as the investment manager to the Master Fund.

 
Item 2(b).  Address of Principal Business Office or, if None, Residence:  
 

303 Twin Dolphin Drive, 6th Floor

Redwood City, CA 94065

 

 
Item 2(c).  Citizenship:  
 

 Fintan Partners, LLC, a Delaware limited liability company

 Fintan Master Fund, Ltd. is a Cayman Islands exempted company

 
Item 2(d).  Title of Class of Securities:  
  Common Stock, par value $0.001 per share  
Item 2(e).  CUSIP No.:  
   88822Q103  
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

 

 

As reported in the cover pages to this report, the ownership information with respect to each of Fintan Partners and the Master Fund is as follows:

 

 

(a)  Amount Beneficially Owned (as of December 31, 2018): 3,171,065*  

 

(b)  Percent of Class (as of December 31, 2018):      8.8% *  

 

(c)  Number of Shares as to which such person has:    
(i)    Sole power to vote or to direct the vote: 0*
(ii)   Shared power to vote or to direct the vote: 3,171,065*
(iii)  Sole power to dispose or to direct the disposition of: 0*
(iv)  Shared power to dispose or to direct the disposition of: 3,171,065*
         

* Based on the information set forth on the Form 10-Q of the Company, filed with the Securities and Exchange Commission on November 5, 2018, there were 35,937,007 shares of Common Stock of the Company outstanding as of November 1, 2018. As of December 31, 2018, the Master Fund owned an aggregate of 3,171,065 shares of the Common Stock. Fintan Partners is the investment manager of the Master Fund. As a result of the foregoing, as of December 31, 2018, for the purposes of Reg. Section 240.13d-3, Fintan Partners may be deemed to be the beneficial owner of 3,171,065 shares of Common Stock, or approximately 8.8% of the Common Stock deemed issued and outstanding as of such date.

 

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.
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.

  

  February 14, 2019  
     
  FINTAN PARTNERS, LLC  
     
     
  By: /s/ Alexander Klikoff  
  Alexander Klikoff, in his capacity as the  
  Senior Managing Director of Fintan Partners, LLC  
     
     

 

     
  FINTAN MASTER FUND, LTD.  
     
     
  By: /s/ Alexander Klikoff  
  Alexander Klikoff, in his capacity as the  
  Senior Managing Director of Fintan Partners, LLC  

 

 

 

Attention: Intentional misstatements or omissions of fact constitute
Federal criminal violations (See 18 U.S.C. 1001).

 

 

 

Exhibit Index

 

Exhibit

99.   Joint Filing Agreement, dated as of February 14, 2019, by and among Fintan Partners, LLC and

Fintan Master Fund, Ltd.

 

EX-99 2 tiptree_13gam1dec312018ex.htm JOINT FILING AGREEMENT

 JOINT FILING AGREEMENT 

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of them of a statement on Schedule 13G (including amendments thereto) with respect to the shares of Common Stock, $0.001 par value per share, of Tiptree Inc., a Maryland corporation, and further agree that this Joint Filing Agreement be included as Exhibit 99 to such Schedule 13G. In evidence thereof, the undersigned hereby execute this agreement this 14th day of February, 2019.

 

 

     
  FINTAN PARTNERS, LLC  
     
     
  By: /s/ Alexander Klikoff  
  Alexander Klikoff, in his capacity as the  
  Senior Managing Director of Fintan Partners, LLC  
     
     

 

     
  FINTAN MASTER FUND, LTD.  
     
     
  By: /s/ Alexander Klikoff  
  Alexander Klikoff, in his capacity as the  
  Senior Managing Director of Fintan Partners, LLC