Edgar Filing: ANTHRACITE CAPITAL INC

Ownership Submission

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â RECP IV Cite CMBS Equity, L.P.

2. Date of Event Requiring Statement (Month/Day/Year)
04/04/2008

3. Issuer Name and Ticker or Trading Symbol
ANTHRACITE CAPITAL INC [AHR]

(Last)

(First)

(Middle)

C/O DLJ REAL ESTATE CAPITAL PARTNERS INC,Â ELEVEN MADISON AVENUE

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	__X__ 10% Owner
_____ Officer (give title below)	_____ Other (specify below)

5. If Amendment, Date Original Filed(Month/Day/Year)

(Street)

NEW YORK,Â NYÂ 10010

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Beneficially Owned

1.Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	3,494,021 ⁽²⁾	D ⁽¹⁾	Â

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
12% Series E-1 Cumulative Convertible Redeemable Pref. Stock ⁽¹⁾	04/04/2008	Â ⁽³⁾	Common Stock	3,119,661.67 ⁽²⁾	$ 7.4928	D ⁽¹⁾	Â
12% Series E-2 Cumulative Convertible Redeemable Pref. Stock ⁽¹⁾	04/04/2008	Â ⁽³⁾	Common Stock	3,119,661.67 ⁽²⁾	$ 7.4928	D ⁽¹⁾	Â
12% Series E-3 Cumulative Convertible Redeemable Pref. Stock ⁽¹⁾	04/04/2008	Â ⁽³⁾	Common Stock	3,119,661.67 ⁽²⁾	$ 7.4928	D ⁽¹⁾	Â

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
RECP IV Cite CMBS Equity, L.P. C/O DLJ REAL ESTATE CAPITAL PARTNERS INC ELEVEN MADISON AVENUE NEW YORK,Â NYÂ 10010	Â	Â X	Â	Â
DLJ REAL ESTATE CAPITAL PARTNERS IV LP 11 MADISON AVENUE 16TH FLOOR NEW YORK,Â NYÂ 10010	Â	Â X	Â	Â
DLJ Real Estate Capital IV, L.P. C/O DLJ REAL ESTATE CAPITAL PARTNERS INC ELEVEN MADISON AVENUE NEW YORK,Â NYÂ 10010	Â	Â X	Â	Â
DLJ Real Estate Capital IV, Inc. C/O DLJ REAL ESTATE CAPITAL PARTNERS INC ELEVEN MADISON AVENUE NEW YORK,Â NYÂ 10010	Â	Â X	Â	Â
CREDIT SUISSE/ 11 MADISON AVENUE NEW YORK,Â NYÂ 10010	Â	Â X	Â	Â

Signatures

RECP IV Cite CMBS Equity, L.P. - By: RECP IV Cite CMBS Investors, L.L.C. - /s/ James D. Allen (Vice President)		04/14/2008
^**Signature of Reporting Person		Date
DLJ REAL ESTATE CAPITAL PARTNERS IV, L.P. - By: DLJ Real Estate Capital IV, L.P.,(its general partner), By: DLJ Real Estate Capital IV, Inc.,(its general partner) - /s/ James D. Allen (Vice President)		04/14/2008
^**Signature of Reporting Person		Date
DLJ REAL ESTATE CAPITAL IV, L.P. - By: DLJ Real Estate Capital IV, Inc.,(its general partner) - /s/ James D. Allen (Vice President)		04/14/2008
^**Signature of Reporting Person		Date
DLJ REAL ESTATE CAPITAL IV, INC - /s/ James D. Allen (Vice President)		04/14/2008
^**Signature of Reporting Person		Date
CREDIT SUISSE - /s/ Ivy Dodes (Managing Director)		04/14/2008
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	See Exhibit 99.1
(2)	The shares of Common Stock, Series E-1 Cumulative Convertible Redeemable Preferred Stock, Series E-2 Cumulative Convertible Redeemable Preferred Stock and Series E-3 Cumulative Convertible Redeemable Preferred Stock are held by RECP IV Cite CMBS Equity, L.P.
(3)	N/A

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