<SEC-DOCUMENT>0001013594-20-000511.txt : 20200521
<SEC-HEADER>0001013594-20-000511.hdr.sgml : 20200521
<ACCEPTANCE-DATETIME>20200521165449
ACCESSION NUMBER: 0001013594-20-000511
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20200521
DATE AS OF CHANGE: 20200521
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: BrightSphere Investment Group Inc.
CENTRAL INDEX KEY: 0001748824
STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282]
IRS NUMBER: 471121020
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-91234
FILM NUMBER: 20902610
BUSINESS ADDRESS:
STREET 1: 200 CLAREDON ST
STREET 2: 53RD FLOOR
CITY: BOSTON
STATE: MA
ZIP: 02116
BUSINESS PHONE: 6173697300
MAIL ADDRESS:
STREET 1: 200 CLAREDON ST
STREET 2: 53RD FLOOR
CITY: BOSTON
STATE: MA
ZIP: 02116
FORMER COMPANY:
FORMER CONFORMED NAME: BrightSphere US Inc.
DATE OF NAME CHANGE: 20180801
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: PAULSON & CO. INC.
CENTRAL INDEX KEY: 0001035674
IRS NUMBER: 133796759
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
STREET 1: 1133 AVENUE OF THE AMERICAS
STREET 2: 33RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
BUSINESS PHONE: 212-956-2221
MAIL ADDRESS:
STREET 1: 1133 AVENUE OF THE AMERICAS
STREET 2: 33RD FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10036
FORMER COMPANY:
FORMER CONFORMED NAME: PAULSON & CO INC
DATE OF NAME CHANGE: 19970313
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13D/A
<SEQUENCE>1
<FILENAME>brightsphare13da1-052120.htm
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<div style="text-align: center; line-height: 11.4pt; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
<div style="text-align: center; line-height: 11.4pt; margin-bottom: 12pt; font-weight: bold;">WASHINGTON, D.C.  20549</div>
<div style="text-align: center; line-height: 11.4pt; font-weight: bold;">SCHEDULE 13D</div>
<div style="text-align: center; line-height: 11.4pt; margin-bottom: 12pt; font-weight: bold;">(RULE 13D - 101)</div>
<div style="text-align: center; line-height: 11.4pt; margin-bottom: 12pt; font-weight: bold;">INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO 13d-1(a) AND AMENDMENTS THERETO
FILED PURSUANT TO 13d-2(a)</div>
<div style="text-align: center; line-height: 11.4pt; margin-bottom: 12pt; font-weight: bold;">(Amendment No. 2)*</div>
<div style="text-align: center; line-height: 11.4pt;"><u>BrightSphere Investment Group Inc.</u></div>
<div style="text-align: center; line-height: 11.4pt; margin-bottom: 12pt;">(Name of Issuer)</div>
<div style="text-align: center; line-height: 11.4pt; color: #000000;"><u>Ordinary stock, par value $0.001</u></div>
<div style="text-align: center; line-height: 11.4pt; margin-bottom: 12pt;">(Title of Class of Securities)</div>
<div style="text-align: center; line-height: 11.4pt;"><u>G67506108</u></div>
<div style="text-align: center; line-height: 11.4pt; margin-bottom: 12pt;">(CUSIP Number)</div>
<div style="background-color: #FFFFFF; line-height: 14.4pt;">
<div style="text-align: center; line-height: 11.4pt; color: #000000;">Christopher P. Davis, Esq.</div>
<div style="text-align: center; line-height: 11.4pt; color: #000000;">Kleinberg, Kaplan, Wolff & Cohen, P.C.</div>
<div style="text-align: center; line-height: 11.4pt; color: #000000;">500 Fifth Avenue, New York, New York 10110</div>
</div>
<div style="text-align: center; line-height: 11.4pt;"><u>Tel. (212) 986-6000</u></div>
<div style="text-align: center; line-height: 11.4pt; margin-bottom: 12pt;"> (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)</div>
<div style="text-align: center; line-height: 11.4pt;"><u>May 11, 2020</u></div>
<div style="text-align: center; line-height: 11.4pt; margin-bottom: 12pt;">(Date of Event which Requires Filing of this Statement)</div>
<div style="text-align: justify; line-height: 11.4pt; margin-bottom: 12pt;">If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the
subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box [   ].</div>
<div style="text-align: justify; line-height: 11.4pt; margin-bottom: 12pt;">Note:  Schedules filed in paper format shall include a signed original and five copies of the schedule, including
all exhibits.  See Rule 13d-7 for other parties to whom copies are to be sent.</div>
<div style="text-align: justify; line-height: 11.4pt; margin-bottom: 12pt;">*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.</div>
<div style="text-align: justify; line-height: 11.4pt; margin-bottom: 12pt;">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 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).</div>
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<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">1.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">NAMES OF REPORTING PERSONS<br>
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="margin-left: 46.45pt; line-height: 11.4pt; color: #000000;">Paulson & Co. Inc.</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">2.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">(a)    [ ]</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">(b)    [ ]</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">3.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">SEC USE ONLY</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">4.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">SOURCE OF FUNDS</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="margin-left: 46.45pt; line-height: 11.4pt;">OO</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">5.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e)      [ ]</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">6.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">CITIZENSHIP OR PLACE OF ORGANIZATION</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="margin-left: 46.45pt; line-height: 11.4pt;">Delaware</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 100%; vertical-align: top;" colspan="2">
<div style="line-height: 11.4pt;">NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">7.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">SOLE VOTING POWER</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="margin-left: 46.45pt; line-height: 11.4pt;">20,000,552 (1)</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">8.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">SHARED VOTING POWER</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="margin-left: 46.45pt; line-height: 11.4pt;">0</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">9.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">SOLE DISPOSITIVE POWER</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="margin-left: 46.45pt; line-height: 11.4pt;">20,000,552 (1)</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">10.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">SHARED DISPOSITIVE POWER</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="margin-left: 46.45pt; line-height: 11.4pt;">0</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">11.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="margin-left: 46.45pt; line-height: 11.4pt;">20,000,552 (1)</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">12.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11)<br>
EXCLUDES CERTAIN SHARES    [ ]</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">13.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="margin-left: 46.45pt; line-height: 11.4pt;">24.9%</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;">
<div style="line-height: 11.4pt;">14.</div>
</td>
<td style="width: 90.9%; vertical-align: top;">
<div style="line-height: 11.4pt;">TYPE OF REPORTING PERSON</div>
</td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;"> </td>
</tr>
<tr>
<td style="width: 9.1%; vertical-align: top;"> </td>
<td style="width: 90.9%; vertical-align: top;">
<div style="margin-left: 46.45pt; line-height: 11.4pt;">IA</div>
</td>
</tr>
</table>
<div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
</div>
<div style="text-align: justify; line-height: 11.4pt;">(1) See Note 1 to Item 5 below.</div>
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<div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
</div>
<div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt;">The following constitutes Amendment No. 2 to the Schedule 13D previously filed by the undersigned (“Amendment No.
2”) with respect to BrightSphere Investment Group plc.  This Amendment No. 2 amends the Schedule 13D as specifically set forth herein. </div>
<div style="line-height: 11.4pt;"><br style="line-height: 11.4pt;">
</div>
<div style="line-height: 11.4pt; margin-bottom: 12pt;">
<div>
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<tr>
<td style="width: 54pt; vertical-align: top; align: right; font-weight: bold;">Item 5.</td>
<td style="width: auto; vertical-align: top;">
<div style="font-weight: bold;">Interest in Securities of the Issuer.</div>
</td>
</tr>
</table>
</div>
</div>
<div style="text-indent: 0pt; margin-left: 54pt; line-height: 11.4pt; margin-bottom: 12pt;">Item 5 of the Schedule 13D is hereby amended and restated in its entirety as
follows:</div>
<div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt; margin-bottom: 12pt;">(a)<font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">            </font>The aggregate percentage of Common Stock reported owned by the Reporting Person is based upon 80,241,738 shares of Common Stock outstanding as
of May 8, 2020, as disclosed in the Issuer’s Quarterly Report on Form 10-Q, filed with the Securities Exchange Commission on May 11, 2020.  As of the date hereof, the Reporting Person may be deemed to have beneficially owned approximately 24.9%<sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1</sup>
of the outstanding Common Stock.</div>
<div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt; margin-bottom: 12pt;">(b)<font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">            </font>Number of shares of Common Stock as to which Paulson has:</div>
<div style="margin: 0px 0px 12pt; line-height: 11.4pt; text-align: justify; text-indent: 65pt;">(i) Sole power to vote or direct the vote: 20,000,552 (see Note 1).</div>
<div style="margin: 0px 0px 12pt; line-height: 11.4pt; text-align: justify; text-indent: 65pt;">(ii) Shared power to vote or direct the vote: 0</div>
<div style="margin: 0px 0px 12pt; line-height: 11.4pt; text-align: justify; text-indent: 65pt;">(iii) <font style="color: #000000;">Sole power to dispose or direct the disposition: </font>20,000,552 (see Note 1).</div>
<div style="margin: 0px 0px 12pt; line-height: 11.4pt; text-align: justify; text-indent: 65pt;">(iv) <font style="color: #000000;">Shared power to dispose or direct the disposition: 0</font></div>
<div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt; margin-bottom: 12pt;">(c)<font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">            </font>Except as set forth on <u>Schedule 1</u> hereto, the
Reporting Person has not entered into any transactions in the Common Stock during the past sixty days</div>
<div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt; margin-bottom: 12pt;">(d)<font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">            </font>See Note 1.</div>
<div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt; margin-bottom: 12pt;">(e)<font id="TRGRRTFtoHTMLTab" style="text-indent: 0px; font-size: 5.14pt;">            </font>Not applicable.</div>
<div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt; margin-bottom: 12pt;">Note 1: Paulson, an investment advisor that is registered under the Investment Advisers Act of
1940, furnishes investment advice to and manages the Funds. In its role as investment advisor, or manager, as the case may be, Paulson possesses voting and investment power over the securities of the Issuer described in this Schedule 13D that are
owned by the Funds. The pecuniary interest of all securities reported in this Schedule is owned by the Funds. Except for the purpose of determining beneficial ownership under Section 13(d) of the Securities Exchange Act of 1934, as amended, Paulson
disclaims beneficial ownership of all securities reported in this Schedule 13D.</div>
<div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt; margin-bottom: 12pt;"><font style="color: #000000;">For
reporting purposes, the aggregate amount of Common Stock deemed to be beneficially owned by the Reporting Person is calculated based on an aggregate of </font>20,000,552 <font style="color: #000000;">shares of Common Stock held by the Reporting Person as of the date hereof.</font></div>
<br>
<br>
<hr noshade="noshade" align="left" style="background-color: #000000; border: 0px; height: 1px; width: 2in; margin-left: 0pt; margin-right: auto; color: #000000;">
<div style="text-align: justify; line-height: 10.25pt; margin-bottom: 12pt;"><sup style="vertical-align: text-top; line-height: 1; font-size: smaller;">1 </sup>This Amendment No. 2 is being filed to reflect a change in the percentage of outstanding Common
Stock the Reporting Person may be deemed to beneficially own.  This change is due solely to a reduction in the aggregate amount of outstanding shares of Common Stock, as disclosed by the Issuer in its Quarterly Report on Form 10-Q filed on May 11,
2020.  The Reporting Person has not entered into any transactions in the Common Stock since its original Schedule 13D filing.</div>
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<div style="text-align: center; line-height: 11.4pt; margin-bottom: 12pt; font-weight: bold;">SIGNATURES</div>
<div style="text-align: justify; text-indent: 36pt; line-height: 11.4pt; margin-bottom: 12pt;">After reasonable inquiry and to the best of its knowledge and belief, each of the undersigned
certifies that the information with respect to it set forth in this statement is true, complete, and correct.</div>
<div style="text-align: justify; text-indent: -54pt; margin-left: 54pt; line-height: 11.4pt; margin-bottom: 12pt;">Dated:  May 21, 2020</div>
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<div style="line-height: 11.4pt; color: #000000;">PAULSON & CO. INC</div>
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<div style="line-height: 11.4pt;">By:</div>
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<div style="line-height: 11.4pt;">/s/ Stuart L. Merzer</div>
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<div style="line-height: 11.4pt;">Name:</div>
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<div style="line-height: 11.4pt;">Stuart L. Merzer</div>
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<div style="line-height: 11.4pt;">Title:</div>
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<div style="line-height: 11.4pt;">General Counsel &</div>
<div style="line-height: 11.4pt;">Chief Compliance Officer</div>
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