------------------------------
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------------------------------
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13D
(Section 240.13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO SECTION 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
SECTION 240.13d-2(a)
(Amendment No. 12)1
Capital Pacific Holdings, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, par value $0.10 per share
--------------------------------------------------------------------------------
(Title of Class of Securities)
14040M104
--------------------------------------------------------------------------------
(CUSIP Number)
Mark C. Wehrly
Farallon Capital Management, L.L.C.
One Maritime Plaza, Suite 1325
San Francisco, California 94111
(415) 421-2132
--------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
July 16, 2001
--------------------------------------------------------------------------------
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to
report the acquisition that is the subject of this Schedule 13D, and is filing
this schedule because of Sections 240.13d-1(e), 13d-1(f) or 13d-1(g), check the
following box [ ].
Note. Schedules filed in paper format shall include a signed original
and five copies of the schedule, including all exhibits. See Section
240.13d-7(b) for other parties to whom copies are to be sent.
(Continued on following pages)
Page 1 of 21 Pages
--------
1 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).
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
California Housing Finance, L.P.
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
PN
-------------===================================================================
Page 2 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
California Housing Finance, LLC
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
OO
-------------===================================================================
Page 3 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Farallon Capital Management, L.L.C.
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IA, OO
-------------===================================================================
Page 4 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Enrique H. Boilini
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 5 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
David I. Cohen
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 6 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Joseph F. Downes
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 7 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William F. Duhamel
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 8 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Andrew B. Fremder
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 9 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Richard B. Fried
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 10 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Monica R. Landry
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 11 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
William F. Mellin
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 12 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Stephen L. Millham
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 13 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Meridee A. Moore
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 14 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Thomas F. Steyer
-------------===================================================================
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
-------------===================================================================
3 SEC USE ONLY
-------------===================================================================
4 SOURCE OF FUNDS (See Instructions)
N/A
-------------===================================================================
5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
-------------===================================================================
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
------------------------------------============================================
NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
-----------============================================
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
-----------============================================
EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
-----------============================================
PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
------------------------------------============================================
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
-------------===================================================================
12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
-------------===================================================================
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote[See Preliminary Note]
-------------===================================================================
14 TYPE OF REPORTING PERSON (See Instructions)
IN
-------------===================================================================
Page 15 of 21 Pages
13D
===================
CUSIP No. 14040M104
===================
-------------===================================================================
1 NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
Mark C. Wehrly
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (See Instructions)
(a) [ ]
(b) [ X ]
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3 SEC USE ONLY
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4 SOURCE OF FUNDS (See Instructions)
N/A
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5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT
TO ITEMS 2(d) OR 2(e)
[ ]
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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NUMBER OF 7 SOLE VOTING POWER
SHARES -0-
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 2,809,851 [See Preliminary Note]
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EACH 9 SOLE DISPOSITIVE POWER
REPORTING -0-
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PERSON WITH 10 SHARED DISPOSITIVE POWER
4,044,851 [See Preliminary Note]
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,044,851, of which only 2,809,851 Shares are voting Shares [See
Preliminary Note]
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12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES
CERTAIN SHARES (See Instructions)
[ ]
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
27.1% of the entire class but only 20.5% of those Shares currently
eligible to vote [See Preliminary Note]
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14 TYPE OF REPORTING PERSON (See Instructions)
IN
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Page 16 of 21 Pages
Preliminary Note: The Company reported in its June 27, 2001 Proxy Statement and
in its July 16, 2001 second quarter 10Q that there were 14,932,111 Shares
outstanding as of both June 8, 2001 and June 30, 2001. As explained in the
Company's Proxy Statement, of the 14,932,111 Shares outstanding, only 13,697,111
Shares were eligible to vote. The difference represents the 1,235,000 Shares of
Non-Voting Common Stock issued to one of the Reporting Persons (the Partnership)
on May 31, 2001 and previously reported in Amendment No. 11 to the Schedule 13D.
Given the discrepancy in the number of Shares issued and outstanding versus the
number of Shares issued, outstanding and eligible to vote, the Reporting Persons
are filing this Schedule 13D to clarify that:
(i) the Partnership owns and is able to dispose of 4,044,851 Shares
(including the 1,235,000 Shares of Non-Voting Common Stock);
(ii) of the 4,044,851 Shares it owns, the Partnership is able to vote
2,809,851 Shares; and
(iii) given these facts, the Partnership owns 27.1% of the 14,932,111
Shares issued and outstanding but only 20.5% of the 13,697,111 Shares
issued, outstanding and eligible to vote.
See Amendment No. 11 to the Schedule 13D filed by the Reporting Persons on
June 4, 2001 for further information about the acquisition of the Non-Voting
Common Stock.
This Amendment No. 12 to Schedule 13D amends the Schedule 13D initially
filed on September 30, 1997 (collectively, with all amendments thereto, the
"Schedule 13D").
Item 5. Interest In Securities Of The Issuer.
------ ------------------------------------
Item 5 of the Schedule 13D is amended and restated in its entirety as
follows:
(a) The Partnership
---------------
(a),(b) The information set forth in Rows 7 through 13 of the cover
page hereto for the Partnership is incorporated herein by
reference for the Partnership.
Page 17 of 21 Pages
(c) There have been no purchases, sales or other transactions in the
Shares since the filing of the prior Schedule 13D.
(d) The General Partner, as general partner of the Partnership, has
the power to direct the affairs of the Partnership, including the
disposition of the proceeds of the sale of the Shares owned by
the Partnership. The Management Company, as manager of the
General Partner, has the power to direct the affairs of the
General Partner including the disposition of the proceeds of the
sale of the Shares. The Individual Reporting Persons are managing
members of the Management Company.
(e) Not applicable.
(b) The General Partner
-------------------
(a),(b) The information set forth in Rows 7 through 13 of the cover
page hereto for the General Partner is incorporated herein by
reference.
(c) None.
(d) The General Partner, as general partner of the Partnership, has
the power to direct the affairs of the Partnership, including the
disposition of the proceeds of the sale of the Shares owned by
the Partnership. The Management Company, as manager of the
General Partner, has the power to direct the affairs of the
General Partner including the disposition of the proceeds of the
sale of the Shares. The Individual Reporting Persons are managing
members of the Management Company.
(e) Not applicable.
(c) The Management Company
----------------------
(a),(b) The information set forth in Rows 7 through 13 of the cover
page hereto for the Management Company is incorporated herein by
reference.
(c) None.
(d) The General Partner, as general partner of the Partnership, has
the power to direct the affairs of the Partnership, including the
disposition of the proceeds of the sale of the Shares owned by
the Partnership. The Management Company, as manager of the
General Partner, has the power to direct the affairs of the
General Partner including the disposition of the proceeds of the
sale of the Shares. The Individual Reporting Persons are managing
members of the Management Company.
Page 18 of 21 Pages
(e) Not applicable.
(d) The Individual Reporting Persons
--------------------------------
(a),(b) The information set forth in Rows 7 through 13 of the cover
page hereto for each Individual Reporting Person is incorporated
herein by reference for each such Individual Reporting Person.
(c) None.
(d) The General Partner, as general partner of the Partnership, has
the power to direct the affairs of the Partnership, including the
disposition of the proceeds of the sale of the Shares owned by
the Partnership. The Management Company, as manager of the
General Partner, has the power to direct the affairs of the
General Partner including the disposition of the proceeds of the
sale of the Shares. The Individual Reporting Persons are managing
members of the Management Company.
(e) Not applicable.
The Shares reported hereby for the Partnership are owned directly by it.
The General Partner, as general partner to the Partnership, may be deemed to be
the beneficial owner of all such Shares owned by the Partnership. The Management
Company, as manager of the General Partner, may be deemed to be the beneficial
owner of all Shares owned by the Partnership. Each of the Individual Reporting
Persons, as managing member of the Management Company, may be deemed to be the
beneficial owner of all such Shares held by the Partnerships. Each of the
General Partner, the Management Company and the Individual Reporting Persons
hereby disclaims any beneficial ownership of any such Shares.
Page 19 of 21 Pages
SIGNATURES
After reasonable inquiry and to the best of our knowledge and belief, the
undersigned certify that the information set forth in this statement is true,
complete and correct.
Dated: July 30, 2001
CALIFORNIA HOUSING FINANCE, L.P.
By: California Housing Finance, LLC
its General Partner
By: Farallon Capital Management, L.L.C.
its Manager
/s/ Joseph F. Downes
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By: Joseph F. Downes,
Managing Member
CALIFORNIA HOUSING FINANCE, L.L.C.
By: Farallon Capital Management, L.L.C.,
its Manager
/s/ Joseph F. Downes
----------------------------------------
By: Joseph F. Downes,
Managing Member
/s/ Joseph F. Downes
----------------------------------------
FARALLON CAPITAL MANAGEMENT, L.L.C.,
By Joseph F. Downes,
Managing Member
/s/ Joseph F. Downes
----------------------------------------
Joseph F. Downes, individually and as attorney-in-fact
for each of Enrique H. Boilini, David I. Cohen,
William F. Duhamel, Andrew B. Fremder,
Richard B. Fried, Monica R. Landry
William F. Mellin, Stephen L. Millham,
Meridee A. Moore, Thomas F. Steyer and Mark C. Wehrly.
The Powers of Attorney, each executed by Boilini, Cohen, Fremder, Mellin,
Millham, Moore and Steyer authorizing Downes to sign and file this Schedule 13D
on each person's behalf, which were filed with Amendment No. 1 to the Schedule
13D filed with the Securities and Exchange
Page 20 of 21 Pages
Commission on January 20, 1998, by such Reporting Persons with respect to the
Units of Spiros Development Corporation II, Inc., are hereby incorporated by
reference. The Powers of Attorney, each executed by Duhamel and Fried
authorizing Downes to sign and file this Schedule 13D on each person's behalf,
which were filed with Amendment No. 7 to the Schedule 13D filed with the
Securities and Exchange Commission on February 9, 1999 by such Reporting Persons
with respect to the Callable Class A Common Stock of Crescendo Pharmaceuticals
Corporation, are hereby incorporated by reference. The Power of Attorney
executed by Mark C. Wehrly authorizing Downes to sign and file this Schedule 13D
on his behalf, which was filed with Amendment No. 4 to the Schedule 13D filed
with the Securities and Exchange Commission on January 18, 2000, by such
Reporting Person with respect to the Class A Common Stock of Momentum Business
Applications, Inc., is hereby incorporated by reference. The Power of Attorney
executed by Monica R. Landry authorizing Downes to sign and file this Schedule
13D on her behalf, which was filed with the Schedule 13G filed with the
Securities and Exchange Commission on January 22, 2001, by such Reporting Person
with respect to the Common Stock of Korn/Ferry International, is hereby
incorporated by reference.
Page 21 of 21 Pages