Filing Details
- Accession Number:
- 0001140361-19-008871
- Form Type:
- 13G Filing
- Publication Date:
- 2019-05-09 17:29:11
- Filed By:
- Kayne Anderson Capital Advisors Lp
- Company:
- Buckeye Partners L.p. (NYSE:BPL)
- Filing Date:
- 2019-05-09
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
|---|---|---|---|---|---|---|
| (A) KAYNE ANDERSON CAPITAL ADVISORS | 4.90% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 1)
Buckeye Partners, L.P.
(Name of Issuer)
COMMON UNITS
(Title of Class of Securities)
118230101
(CUSIP Number)
Check the following box if a fee is being paid with this statement ☐. (A fee is not required only if the filing person: (1) has a previous statement on
file reporting beneficial ownership of more than five percent of the class of securities described in Item 1; and (2) has filed no amendment subsequent thereto reporting beneficial ownership of five percent or less of such class.) (See Rule
13d-7.)
*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 the disclosures provided in a prior cover page.
The information required in 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. 118230101 | 13G | PAGE 2 OF 8 PAGES |
| 1 | NAME OF REPORTING PERSON | | | ||
| S.S. or I.R.S. IDENTIFICATION NO. OF ABOVE PERSON | | | |||
| (A) KAYNE ANDERSON CAPITAL ADVISORS, L.P. - 95-4486379 (B) RICHARD A. KAYNE | | | |||
| | | ||||
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* | ||||
| (a) ☐ | |||||
| (b) ☐ | | | |||
| 3 | SEC USE ONLY | | | ||
| | | | |||
| | | ||||
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION | | | ||
| (A) IS A CALIFORNIA LIMITED PARTNERSHIP (B) UNITED STATES | | | |||
| | | ||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 5 | SOLE VOTING POWER | | | |
| (A) 0 (B) 38,009 | | | |||
| | | ||||
| 6 | SHARED VOTING POWER | | | ||
| (A) 7,508,328 (B) 0 | | | |||
| | | ||||
| 7 | SOLE DISPOSITIVE POWER | | | ||
| (A) 0 (B) 38,009 | | | |||
| | | ||||
| 8 | SHARED DISPOSITIVE POWER | | | ||
| (A) 7,508,328 (B) 0 | | | |||
| | | ||||
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON | | | ||
| (A) 7,546,337 (B) 7,546,337 | | | |||
| | | ||||
| 10 | CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* | | | ||
| ☐ | | | |||
| | | ||||
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) | | | ||
| 4.90% | | | |||
| | | ||||
| 12 | TYPE OF REPORTING PERSON* | | | ||
| (A) IA (B) IN | | | |||
| | | ||||
*SEE INSTRUCTIONS BEFORE FILLING OUT!
United States
Securities and Exchange Commission
Schedule 13G
*********************
| Item 1. | (a) | Issuer: | Buckeye Partners, L.P. | |
| (b) | Address: | One Greenway Plaza Suite #600 | ||
| Houston, TX 77046 | ||||
| Item 2. | (a) | Filing Persons: | Kayne Anderson | Richard A. Kayne |
| Capital Advisors, L.P. | ||||
| (b) | Addresses: | 1800 Avenue of the Stars, | 1800 Avenue of the Stars, | |
| Third Floor | Third Floor | |||
| Los Angeles, CA 90067 | Los Angeles, CA 90067 | |||
| (c) | Citizenship: | Kayne Anderson Capital Advisors, L.P. is a California limited partnership | ||
| Richard A. Kayne is a U.S. Citizen | ||||
| (d) | Title of Class of Securities: | Common Units | ||
| (e) | Cusip Number: | 118230101 | ||
| Item 3. | If this statement is filed pursuant to Rule 13d-1(b) or 13d-2(b), check whether the person filing is a: | |
| (e) | Kayne Anderson Capital Advisors, L.P., is an investment adviser registered under section 203 of the Investment Advisers Act of 1940. | |
| Item 4. | Ownership | |||
| (a) | Amount Beneficially Owned: | |||
| | Kayne Anderson Capital Advisors, L.P. Managed Accounts | 7,546,337 | ||
| | Richard A. Kayne | 7,546,337 | ||
| (b) | Percent of Class: | 4.90% | ||
| | (c) | Number of shares as to which such person has: | ||
| | (i) | sole power to vote or direct to vote | (A) 0 | |
| (B) 38,009 | ||||
| (ii) | shared power to vote or direct the vote | (A) 7,508,328 | ||
| (B) 0 | ||||
| (iii) | sole power to dispose or direct the disposition | (A) 0 | ||
| (B) 38,009 | ||||
| (iv) | shared power to dispose or direct the disposition of | (A) 7,508,328 | ||
| (B) 0 | ||||
United States
Securities and Exchange Commission
Schedule 13G
Buckeye Partners, L.P. (Issuer)
**************************
| 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 persons have ceased to be the beneficial
owner of more than five percent of the class of securities, check the following ☒.
| 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 |
Not applicable.
| Item 8. | Identification and Classification of Members of the Group |
Not applicable
| Item 9. | Notice of Dissolution of Group |
Not applicable
| Item 10. | Certification |
By signing below we certify that, to the best of our knowledge and belief, the securities referred to above were acquired in the
ordinary course of business and were not acquired for the purpose of and do not have the effect of changing or influencing the control of the issuer of such securities and were not acquired in connection with or as a participant in any
transaction having such purposes or effect.
United States
Securities and Exchange Commission
Schedule 13G
Buckeye Partners, L.P. (Issuer)
**************************
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and
correct.
| May 8, 2019 | |
| Date | |
| /S/ RICHARD A. KAYNE | |
| Richard A. Kayne |
| KAYNE ANDERSON CAPITAL ADVISORS, L.P. | |||
| By: | Kayne Anderson Investment Management, Inc. | ||
| By: | /S/ DAVID J. SHLADOVSKY | ||
| David J. Shladovsky, Secretary | |||
JOINT FILING AGREEMENT PURSUANT TO RULE 13d-1(f)(1)
This agreement is made pursuant to Rule 13d-1(f)(1) under the Securities Exchange Act of 1934 (the “Act”) by and between the parties listed below, each
referred to herein as a “Joint Filer.” The Joint Filers agree that a statement of beneficial ownership as required by Section 13(d) of the Act and the Rules thereunder may be filed on each of their behalf on Schedule 13D or Schedule 13G, as
appropriate, and that said joint filing may thereafter be amended by further joint filings. The Joint Filers state that they each satisfy the requirements for making a joint filing under Rule 13d-1.
| May 8, 2019 | |
| Date | |
| /S/ RICHARD A. KAYNE | |
| Richard A. Kayne |
| KAYNE ANDERSON CAPITAL ADVISORS, L.P. | |||
| By: | Kayne Anderson Investment Management, Inc. | ||
| By: | /S/ DAVID J. SHLADOVSKY | ||
| David J. Shladovsky, Secretary | |||
United States
Securities and Exchange Commission
Schedule 13G
(cover page)
Buckeye Partners, L.P. (Issuer)
**************************
| Box 9. | The reported units are owned by investment accounts (investment limited partnerships, a registered investment company and institutional accounts) managed, with discretion
to purchase or sell securities, by Kayne Anderson Capital Advisors, L.P., as a registered investment adviser. |
Kayne Anderson Capital Advisors, L.P. is the general partner (or general partner of the general partner) of the limited partnerships
and investment adviser to the other accounts. Richard A. Kayne is the controlling shareholder of the corporate owner of Kayne Anderson Investment Management, Inc., the general partner of Kayne Anderson Capital Advisors, L.P. Mr. Kayne is also a
limited partner of each of the limited partnerships and a shareholder of the registered investment company. Kayne Anderson Capital Advisors, L.P. disclaims beneficial ownership of the units reported, except those units attributable to it by
virtue of its general partner interests in the limited partnerships. Mr. Kayne disclaims beneficial ownership of the units reported, except those units held by him or attributable to him by virtue of his limited partnership interests in the
limited partnerships, his indirect interest in the interest of Kayne Anderson Capital Advisors, L.P. in the limited partnerships, and his ownership of common stock of the registered investment company.
UNDERTAKING
The undersigned agree jointly to file the attached Statement of Beneficial Ownership on Schedule 13G with the U.S. Securities Exchange Commission and
Buckeye Partners, L.P.
Dated: May 8, 2019
| /S/ RICHARD A. KAYNE | |
| Richard A. Kayne |
| KAYNE ANDERSON CAPITAL ADVISORS, L.P. | |||
| By: | Kayne Anderson Investment Management, Inc. | ||
| By: | /S/ DAVID J. SHLADOVSKY | ||
| David J. Shladovsky, Secretary | |||
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