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TIPTREE INC. — Major Shareholding Notification 2010
Jan 29, 2010
32340_mrq_2010-01-29_89961400-0d43-490e-aaf6-89cb70dccb93.zip
Major Shareholding Notification
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G/A
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Care Investment Trust Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
141657106
(CUSIP Number)
January 22, 2010
(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)
[X] Rule 13d-1(c)
[ ] 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
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).
CUSIP NO. 141657106
SCHEDULE 13G
PAGE 2 OF 8 PAGES
- NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
WEISS ASSET MANAGEMENT LLC
- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [ ]
- SEC USE ONLY
- CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 842,807
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
- SHARED DISPOSITIVE POWER
842,807
- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
842,807
- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.2%
- TYPE OF REPORTING PERSON*
00 - Limited Liability Company
CUSIP NO. 141657106
SCHEDULE 13G
PAGE 3 OF 8 PAGES
- NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
WEISS CAPITAL LLC
- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [ ]
- SEC USE ONLY
- CITIZENSHIP OR PLACE OF ORGANIZATION
DELAWARE
- SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 124,951
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
- SHARED DISPOSITIVE POWER
124,951
- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
124,951
- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
0.6%
- TYPE OF REPORTING PERSON*
00 - Limited Liability Company
CUSIP NO. 141657106
SCHEDULE 13G
PAGE 4 OF 8 PAGES
- NAME OF REPORTING PERSON/S.S. OR I.R.S. IDENTIFICATION
NO. OF ABOVE PERSON
ANDREW M. WEISS, PH.D.
- CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (A) [ ]
(B) [ ]
- SEC USE ONLY
- CITIZENSHIP OR PLACE OF ORGANIZATION
USA
- SOLE VOTING POWER
0
NUMBER OF --------------------------------------------------
SHARES 6. SHARED VOTING POWER
BENEFICIALLY
OWNED BY 967,758
EACH --------------------------------------------------
REPORTING 7. SOLE DISPOSITIVE POWER
PERSON
WITH: 0
- SHARED DISPOSITIVE POWER
967,758
- AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
967,758
- CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES* [ ]
- PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
4.8%
- TYPE OF REPORTING PERSON*
IN
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ITEM 1.
(a) Name of Issuer: Care Investment Trust Inc.
CUSIP NO. 141657106
SCHEDULE 13G
PAGE 5 OF 8 PAGES
(b) Address of Issuer's Principal Executive Offices:
505 FIFTH AVENUE, 6 TH FLOOR
NEW YORK, NY 10017
ITEM 2.
(a) and (c): Name and Citizenship of Persons Filing:
(i) Weiss Asset Management LLC, a Delaware limited liability company
("Weiss Asset Management").
(ii) Weiss Capital LLC, a Delaware limited liability company
("Weiss Capital").
(iii) Andrew M. Weiss, Ph.D., a United States citizen.
(b): Address of Principal Business Office:
Weiss Asset Management, Weiss Capital, and Dr. Weiss have a business
address of 29 Commonwealth Avenue, 10th Floor, Boston, Massachusetts 02116
(d) Title of Class of Securities: Common Stock
(e) CUSIP Number: 141657106
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO RULE 13D-1(B), OR 13D-2(B), CHECK
WHETHER THE PERSON FILING IS A:
(a) [ ] Broker or Dealer registered under Section 15 of the Act
(15 U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance Company as defined in section 3(a)(19) of the 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 registered under section 203 of the Investment
Advisers Act or under the laws of any State
(f) [ ] Employee Benefit Plan, Pension fund which is subject to the
provisions of the Employee Retirement Income Security Act of
1974 or Endowment Fund; see Section 240.13d-1(b)(1)(ii)(F)
(g) [ ] A Parent Holding Company or control person, in accordance with
Section 240.13d-1(b)(ii)(G)(Note: See Item 7)
(h) [ ] A Savings Association as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813)
(i) [ ] A Church Plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3)
(j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J)
ITEM 4. OWNERSHIP
CUSIP NO. 141657106
SCHEDULE 13G
PAGE 6 OF 8 PAGES
Provide the following information regarding the aggregate number and
percentage of the class of securities of the issuer identified in Item I.
WEISS ASSET MANAGEMENT LLC*
(a) Amount Beneficially Owned: 842,807
(b) Percent of Class: 4.2%
(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: 842,807
(iii)sole power to dispose or to direct the disposition of: 0
(iv) shared power to dispose or to direct the disposition of: 842,807
WEISS CAPITAL LLC**
(a) Amount Beneficially Owned: 124,951
(b) Percent of Class: 0.6%
(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: 124,951
(iii)sole power to dispose or to direct the disposition of: 0
(iv) shared power to dispose or to direct the disposition of: 124,951
ANDREW M. WEISS, PH.D.***
(a) Amount Beneficially Owned: 967,758
(b) Percent of Class: 4.8%
(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: 967,758
(iii)sole power to dispose or to direct the disposition of: 0
(iv) shared power to dispose or to direct the disposition of: 967,758
- Shares reported for Weiss Asset Management include shares beneficially owned
by a private investment partnership of which Weiss Asset Management is the sole
general partner.
CUSIP NO. 141657106
SCHEDULE 13G
PAGE 7 OF 8 PAGES
** Shares reported for Weiss Capital include shares beneficially owned
by a private investment corporation of which Weiss Capital is the sole
investment manager.
*** Shares reported for Andrew Weiss include shares beneficially owned by a
private investment partnership of which Weiss Asset Management is the sole
general partner and which may be deemed to be controlled by Mr. Weiss, who is
the Managing Member of Weiss Asset Management, and also includes shares held by
a private investment corporation which may be deemed to be controlled by Mr.
Weiss, who is the managing member of Weiss Capital, the Investment Manager of
such private investment corporation. Dr. Weiss disclaims beneficial ownership of
the shares reported herein as beneficially owned by him except to the extent of
his pecuniary interest therein. The percent of class computations are based on
20,084,792 shares of common stock issued and outstanding as of November 2, 2009 as reported on the 10-Q filed with the SEC on November 9, 2009.
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 [X].
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 OR CONTROL
PERSON
Not Applicable
ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP
Not Applicable
ITEM 9. NOTICE OF DISSOLUTION OF GROUP
Not Applicable
CUSIP NO. 141657106
SCHEDULE 13G
PAGE 8 OF 8 PAGES
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 hereby
certify that the information set forth in this statement is true, complete and
correct.
Dated: January 29, 2010
WEISS ASSET MANAGEMENT LLC
By: /s/ Georgiy Nikitin
Georgiy Nikitin, Chief Compliance Officer
WEISS CAPITAL LLC
By: /s/ Georgiy Nikitin
Georgiy Nikitin, Chief Compliance Officer
By: /s/ Georgiy Nikitin
Attorney-in-Fact for Andrew Weiss