0001387131-22-001697.txt : 20220211 0001387131-22-001697.hdr.sgml : 20220211 20220211162717 ACCESSION NUMBER: 0001387131-22-001697 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220211 DATE AS OF CHANGE: 20220211 GROUP MEMBERS: DAVID BONDERMAN GROUP MEMBERS: JAMES G. COULTER GROUP MEMBERS: TPG ADVISORS VI-AIV, INC. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ProSight Global, Inc. CENTRAL INDEX KEY: 0001634038 STANDARD INDUSTRIAL CLASSIFICATION: FIRE, MARINE & CASUALTY INSURANCE [6331] IRS NUMBER: 352405664 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-91392 FILM NUMBER: 22621533 BUSINESS ADDRESS: STREET 1: 412 MT. KEMBLE AVENUE STREET 2: SUITE 300C CITY: MORRISTOWN STATE: NJ ZIP: 07960 BUSINESS PHONE: (973)532-1725 MAIL ADDRESS: STREET 1: 412 MT. KEMBLE AVENUE STREET 2: SUITE 300C CITY: MORRISTOWN STATE: NJ ZIP: 07960 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: TPG Advisors VI, Inc. CENTRAL INDEX KEY: 0001433038 IRS NUMBER: 000000000 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 301 COMMERCE STREET STREET 2: SUITE 3300 CITY: FORT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-871-4000 MAIL ADDRESS: STREET 1: 301 COMMERCE STREET STREET 2: SUITE 3300 CITY: FORT WORTH STATE: TX ZIP: 76102 SC 13G/A 1 prosight-sc13ga_123121.htm AMENDMENT TO FORM SC 13G

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

SCHEDULE 13G

(Amendment No. 1)*

 

Under the Securities Exchange Act of 1934

 

ProSight Global, Inc.

 

(Name of Issuer)

 

Common Stock, $0.01 par value per share

 

(Titles of Class of Securities)

 

74349J103

 

(CUSIP Number)

 

December 31, 2021

 

(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)

☐ Rule 13d-1(c)

☒ Rule 13d-1(d)

 

* The remainder of this cover page shall be filled out of 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 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, as amended (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. 74349J103 13G Page 2 of 9

 

 

   
1

NAME OF REPORTING PERSON

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)

 

TPG Advisors VI, Inc. 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

a) ☐ 

 

b) ☐ 

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

 
- 0 -

7

SOLE DISPOSITIVE POWER 

 

- 0 - 

8

SHARED DISPOSITIVE POWER

 
- 0 -

9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

- 0 -
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0%
12

TYPE OF REPORTING PERSON*

 

CO

           

 

 

 

CUSIP No. 74349J103 13G Page 3 of 9

 

 

 
1

NAME OF REPORTING PERSON 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 

 

TPG Advisors VI-AIV, Inc. 

2

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

a) ☐ 

 

b) ☐ 

3 SEC USE ONLY
4

CITIZENSHIP OR PLACE OF ORGANIZATION

 
Cayman Islands

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

5 SOLE VOTING POWER

- 0 -
6 SHARED VOTING POWER

- 0 -
7

SOLE DISPOSITIVE POWER

 

- 0 -

8 SHARED DISPOSITIVE POWER

- 0 -
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

- 0 -
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0%
12

TYPE OF REPORTING PERSON

 

CO

           

 

 

 

CUSIP No. 74349J103 13G Page 4 of 9

 

 

   
1

NAME OF REPORTING PERSON 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 

 

David Bonderman 

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

- 0 -
7

SOLE DISPOSITIVE POWER

 

- 0 -

 

8 SHARED DISPOSITIVE POWER

- 0 -
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

- 0 -
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0%
12

TYPE OF REPORTING PERSON*

 

IN

           

 

 

 

CUSIP No. 74349J103 13G Page 5 of 9

 

 

   
1

NAME OF REPORTING PERSON 

I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY) 

 

James G. Coulter 

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

- 0 -
7

SOLE DISPOSITIVE POWER

 

- 0 -

 

8 SHARED DISPOSITIVE POWER

- 0 -
9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

- 0 -
10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

0%
12

TYPE OF REPORTING PERSON

 

IN 

           

 

 

 

Item 1(a). Name of Issuer:

ProSight Global, Inc. (the “Issuer”)

 

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

412 Mt. Kemble Avenue, Suite 300

Morristown, New Jersey 07960

 

Item 2(a). Name of Person Filing:

This Amendment No. 1 to Schedule 13G is being filed jointly by TPG Advisors VI, Inc., a Delaware corporation (“Advisors VI”), TPG Advisors VI-AIV, Inc., a Cayman Islands corporation (“Advisors VI-AIV”), David Bonderman and James G. Coulter (each, a “Reporting Person” and, together, the “Reporting Persons”), pursuant to an Agreement of Joint Filing incorporated by reference herein in accordance with Rule 13d-1(k)(1) under the Act.

 

Advisors VI is the general partner of Prosight TPG, L.P., a Delaware limited partnership, which directly held shares of Common Stock.

 

Advisors VI-AIV is the general partner of each of (i) TPG PS 1, L.P., a Cayman Islands limited partnership, which directly held shares of Common Stock, (ii) TPG PS 2, L.P., a Cayman Islands limited partnership, which directly held shares of Common Stock, (iii) TPG PS 3, L.P., a Cayman Islands limited partnership, which directly held shares of Common Stock, and (iv) TPG PS 4, L.P., a Cayman Islands limited partnership (together with Prosight TPG, L.P., TPG PS 1, L.P., TPG PS 2, L.P. and TPG PS 3, L.P., the “TPG Funds”), which directly held shares of Common Stock.

 

Because of Advisors VI’s relationship to Prosight TPG, L.P., Advisors VI may have been deemed to have beneficially owned the shares of Common Stock held by Prosight TPG, L.P.

 

Because of Advisor VI-AIV’s relationship to TPG PS 1, L.P., TPG PS 2, L.P., TPG PS 3, L.P. and TPG PS 4, L.P., Advisor VI-AIV may have been deemed to have beneficially owned the shares of Common Stock held by these TPG Funds. David Bonderman and James G. Coulter are sole shareholders of each of Advisors VI and Advisors VI-AIV and may therefore have been deemed to have beneficially owned the shares of Common Stock held the TPG Funds. Messrs. Bonderman and Coulter disclaim beneficial ownership of the shares of Common Stock held by the TPG Funds except to the extent of their pecuniary interest therein.

 

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

The principal business address of each of the Reporting Persons is as follows: 

c/o TPG Inc. 

301 Commerce Street, Suite 3300 

Fort Worth, Texas 76102

 

Item 2(c). Citizenship:

See responses to Item 4 of each of the cover pages.

 

Item 2(d). Titles of Classes of Securities:

Common Stock, $0.01 par value per share (“Common Stock”)

 

Item 2(e). CUSIP Number:

74349J103

 

Item 3.

If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a(n):

  (a) ☐ Broker or dealer registered under Section 15 of the Exchange Act (15 U.S.C. 78o).
  (b) ☐ Bank as defined in Section 3(a)(6) of the Exchange Act (15 U.S.C. 78c).

 

 

 

 

  (c) ☐ Insurance company as defined in Section 3(a)(19) of the Exchange 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) ☐ Investment adviser in accordance with §240.13d-1(b)(1)(ii)(E).
  (f) ☐ Employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
  (g) ☐ Parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
  (h) ☐ Savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (13 U.S.C. 1813).
  (i) ☐ Church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act (15 U.S.C. 80a-3).
  (j) ☐ Non-U.S. institution in accordance with §240. 13d-1(b)(1)(ii)(J).
  (k) ☐ Group in accordance with §240.13d-1(b)(1)(ii)(K).
 

If filing as a non-U.S. institution in accordance with §240. 13d-1(b)(1)(ii)(J), please specify the type of institution: _

_____________

   
Item 4. Ownership
  (a) Amount Beneficially Owned:
    See responses to Item 9 on each cover page.
  (b) Percent of Class:
    See responses to Item 11 on each cover page.
  (c) Number of shares as to which such person has:
    (i)

Sole power to vote or to direct the vote:  

See responses to Item 5 on each cover page. 

    (ii)

Shared power to vote or to direct the vote: 

See responses to Item 6 on each cover page. 

    (iii)

Sole power to dispose or to direct the disposition of: 

See responses to Item 7 on each cover page. 

    (iv)

Shared power to dispose or to direct the disposition of: 

See responses to Item 8 on each cover page. 

   
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.

 

Not Applicable.

 

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

 

See response to Item 2(a) above.

 

Item 8. Identification and Classification of Members of the Group.

 

Not Applicable.

 

Item 9. Notice of Dissolution of Group.

 

Not Applicable.

 

Item 10. Certification.

 

Not Applicable.

 

 

 

 

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: February 11, 2022

  TPG Advisors VI, Inc.
   
  By:   /s/  Michael LaGatta
  Name: Michael LaGatta
  Title: Vice President
   
  TPG Advisors VI-AIV, Inc.
   
  By:   /s/ Michael LaGatta 
  Name: Michael LaGatta
  Title: Vice President
   
  David Bonderman
   
  By:   /s/ Gerald Neugebauer 
  Name: Gerald Neugebauer, on behalf of David Bonderman (1)
     
  James G. Coulter
   
  By:   /s/ Gerald Neugebauer 
  Name: Gerald Neugebauer, on behalf of James G. Coulter (2)
     

 

 

 

(1) Gerald Neugebauer is signing on behalf of Mr. Bonderman pursuant to an authorization and designation letter dated February 26, 2020, which was previously filed with the Securities and Exchange Commission as an exhibit to a Form 4 filed by Mr. Bonderman on March 6, 2020 (SEC File No. 001-38156).

 

(2) Gerald Neugebauer is signing on behalf of Mr. Coulter pursuant to an authorization and designation letter dated February 26, 2020, which was previously filed with the Securities and Exchange Commission as an exhibit to a Form 4 filed by Mr. Coulter on March 6, 2020 (SEC File No. 001-38156).

 

 

 

 

Exhibit Index

 

Exhibit 1          Agreement of Joint Filing as required by Rule 13d-1(k)(1) under the Act.*

 

 

* Incorporated by reference herein to the Agreement of Joint Filing by TPG Group Holdings (SBS) Advisors, Inc., TPG Group Advisors VI, Inc., TPG Group Advisors VI-AIV, Inc., David Bonderman and James G. Coulter, dated as of March 4, 2015, which was previously filed by the Commission as Exhibit 1 to Schedule 13G by TPG Group Holdings (SBS) Advisors, Inc., TPG Group Advisors VI, Inc., TPG Group Advisors VI-AIV, Inc., David Bonderman and James G. Coulter on March 4, 2015.