Magnachip Semiconductor Corp (MX): Pleasant Lake Partners Seeks to Acquire the Company

Page 2 of 8 – SEC Filing

CUSIP No. 55933J203

1	Names of Reporting Persons. Pleasant Lake Partners 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): AF
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 Shares Beneficially Owned by Each Reporting Person With		7            Sole Voting Power 0
		8            Shared Voting Power 3,530,515 shares
		9  Sole Dispositive Power 0
		10            Shared Dispositive Power 3,530,515 shares
11	Aggregate Amount Beneficially Owned by Each Reporting Person 3,530,515 shares
12	Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions)     [ ]
13	Percent of Class Represented by Amount in Row (11) 10.2%
14	Type of Reporting Person (See Instructions) OO (Limited Liability Company)