Filing Details

Accession Number:
0000895345-20-000563
Form Type:
13G Filing
Publication Date:
2020-04-17 16:11:50
Filed By:
Goldman Sachs Asset Management, L.p.
Company:
Avid Technology Inc. (NASDAQ:AVID)
Filing Date:
2020-04-17
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
Goldman Sachs Asset Management 6 2,862,785 8 2,862,785 2,862,785 6.6%
Vintage VI 6 1,432,744 8 1,432,744 1,432,744 3.3%
Vintage VI Offshore Holdings 6 839,600 8 839,600 839,600 1.9%
VF VI Advisors 6 2,272,344 8 2,272,344 2,272,344 5.3%
Vintage VI Mgr Hlds 6 171,549 8 171,549 171,549 0.4%
VF VI Offshore Advisors Inc 6 171,549 8 171,549 171,549 0.4%
Ubar Investment Holdings Limited 6 81,861 8 81,861 81,861 0.2%
Ubar Investors 6 81,861 8 81,861 81,861 0.2%
GS UI Advisors Limited 6 81,861 8 81,861 81,861 0.2%
Merbau Investors Offshore Holdings II 6 56,961 8 56,961 56,961 0.1%
MB Advisors Ltd 6 56,961 8 56,961 56,961 0.1%
PE CSEC Offshore Holdings II 6 166,474 8 166,474 166,474 0.4%
GS PE Harvest GP II A Inc 6 166,474 8 166,474 166,474 0.4%
DALPP 6 90,705 8 90,705 90,705 0.2%
DA Private Equity GP 6 90,705 8 90,705 90,705 0.2%
RA Program 6 22,891 8 22,891 22,891 0.1%
Goldman Sachs TL Program Advisors, Inc 6 22,891 8 22,891 22,891 0.1%
GSAM Gen-Par 6 328,187 8 328,187 328,187 0.8%
Filing






UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C.  20549

 
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*


Avid Technology, Inc.
(Name of Issuer)
 
Common Stock, par value $0.01 per share
(Title of Class of Securities)
 
 05367P100
(CUSIP Number)

April 7, 2020
(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)
 
☒ 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 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.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 Goldman Sachs Asset Management, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 2,862,785
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 2,862,785
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 2,862,785
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 6.6% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 IA
 
 
 
 
 
(1)
Based on 43,210,481 shares of common stock, par value $0.01 per share (“Common Stock”) outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) on March 9, 2020.

CUSIP No.  05367P100
13G
 

1
NAMES OF REPORTING PERSONS
 
 
 Vintage VI LP
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 1,432,744
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 1,432,744
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 1,432,744
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 3.3% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 PN
 
 
 
 
 

(1)

Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.


CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 Vintage VI Offshore Holdings LP
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 839,600
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 839,600
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 839,600
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 1.9% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 PN
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 VF VI Advisors LLC
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 2,272,344
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 2,272,344
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 2,272,344
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 5.3% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 OO
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 Vintage VI Mgr Hlds LP
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 171,549
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
171,549
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 171,549
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.4% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 PN
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 VF VI Offshore Advisors Inc
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 171,549
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 171,549
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 171,549
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.4% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 OO
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 Ubar Investment Holdings Limited
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Jersey
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 81,861
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 81,861
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
81,861
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.2% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 OO
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 Ubar Investors, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Jersey
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 81,861
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 81,861
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 81,861
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.2% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 PN
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 GS UI Advisors Limited
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Jersey
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 81,861
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 81,861
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 81,861
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.2% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 OO
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 Merbau Investors Offshore Holdings II, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 56,961
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 56,961
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 56,961
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.1% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 PN
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 MB Advisors Ltd
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 56,961
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 56,961
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 56,961
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.1% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 OO
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 PE CSEC Offshore Holdings II, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 166,474
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 166,474
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 166,474
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.4% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 PN
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 GS PE Harvest GP II A Inc
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 166,474
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 166,474
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 166,474
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.4% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 OO
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 DALPP, L.P.
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 90,705
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 90,705
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 90,705
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.2% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 PN
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 DA Private Equity GP LLC
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 90,705
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 90,705
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 90,705
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.2% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 OO
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 RA Program LP
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 22,891
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 22,891
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 22,891
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.1% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 PN
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 Goldman Sachs TL Program Advisors, Inc
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Cayman Islands
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 22,891
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 22,891
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 22,891
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.1% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 CO
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.

CUSIP No.  05367P100
13G
 
 
1
NAMES OF REPORTING PERSONS
 
 
 GSAM Gen-Par, LLC
 
 
 
 
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
   
(a)
   
(b)☒
 
 
3
SEC USE ONLY
 
 
 
 
 
 
 
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
 
 Delaware
 
 
 
 
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
5
SOLE VOTING POWER
 
 
 
 
 
 
 
6
SHARED VOTING POWER
 
 
 328,187
 
 
 
 
7
SOLE DISPOSITIVE POWER
 
 
 
 
 
 
 
8
SHARED DISPOSITIVE POWER
 
 
 328,187
 
 
 
 
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
 
 328,187
 
 
 
 
10
CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
 
 
 
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
 
 0.8% (1)
 
 
 
 
12
TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
 
 
 OO
 
 
 
 
 
(1)
Based on 43,210,481 shares of Common Stock outstanding as of March 4, 2020 as disclosed in the Issuer’s Form 10-K filed with the SEC on March 9, 2020.


Item 1(a). Name of Issuer:

Avid Technology, Inc. 
 
Item 1(b). Address of Issuer’s Principal Executive Offices:

75 Network Drive
Burlington, MA 01803

Item 2(a). Name of Person Filing:

This Schedule 13G is being filed on behalf of the following persons (the “Reporting Persons”)*:

(i)
Goldman Sachs Asset Management, L.P.;
(ii)
Vintage VI LP;
(iii)
Vintage VI Offshore Holdings LP;
(iv)
VF VI Advisors LLC;
(v)
Vintage VI Mgr Hlds LP;
(vi)
VF VI Offshore Advisors Inc;
(vii)
Ubar Investment Holdings Limited;
(viii)
Ubar Investors, L.P.;
(ix)
GS UI Advisors Limited;
(x)
DALPP, L.P.;
(xi)
DA Private Equity GP LLC;
(xii)
PE CSEC Offshore Holdings II, L.P.;
(xiii)
GS PE Harvest GP II A Inc;
(xiv)
Merbau Investors Offshore Holdings II, L.P.;
(xv)
MB Advisors Ltd;
(xvi)
RA Program LP (together with Vintage VI LP, Ubar Investment Holdings Limited, DALPP, L.P., PE CSEC Offshore Holdings II, L.P., Vintage VI Mgr Hlds LP, Vintage VI Offshore Holdings LP, and Merbau Investors Offshore Holdings II, L.P., the “Record Owners”);
(xvii)
Goldman Sachs TL Program Advisors, Inc; and
(xviii)
GSAM Gen-Par, L.L.C.

*Attached as Exhibit A is a copy of an agreement among the Reporting Persons that this Schedule 13G is being filed on behalf of each of them.
 
Item 2(b). Address of Principal Business Office or, if none, Residence:

The address of the principal business office of each Reporting Person is care of Goldman Sachs Asset Management, 200 West Street, New York, NY  10282. 

Item 2(c). Citizenship:
 
See Item 4 of the attached cover pages.

Item 2(d). Title of Class of Securities:

Common Stock, par value $0.01 per share (“Common Stock”)
 
Item 2(e). CUSIP Number:

05367P100

Item 3.
If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a:

Not Applicable.

Item 4. Ownership.1

(a)
Amount beneficially owned:
 
 
 
See Item 9 of the attached cover pages.
 
 
(b)
Percent of class:
 
 
 
See Item 11 of the attached cover pages.
 
 
(c)
Number of shares as to which such person has:
 
 
 
(i)
Sole power to vote or to direct the vote:
 
 
 
 
See Item 5 of the attached cover pages.
 
 
 
(ii)
Shared power to vote or to direct the vote:
 
 
 
 
See Item 6 of the attached cover pages.
 
 
 
(iii)
Sole power to dispose or to direct the disposition:
 
 
 
 
See Item 7 of the attached cover pages.
 
 
 
(iv)
Shared power to dispose or to direct the disposition:
 
 
 
 
See Item 8 of the attached cover pages.
___________________________________________
1In accordance with the SEC Release No. 34-39538 (January 12, 1998) (the “Release”), this filing reflects the securities beneficially owned by certain operating units (collectively, the “Goldman Sachs Reporting Units”) of The Goldman Sachs Group, Inc. and its subsidiaries and affiliates (collectively, “GSG”). This filing does not reflect securities, if any, beneficially owned by any operating units of GSG whose ownership of securities is disaggregated from that of the Goldman Sachs Reporting Units in accordance with the Release. The Goldman Sachs Reporting Units disclaim beneficial ownership of the securities beneficially owned by (i) any client accounts with respect to which the Goldman Sachs Reporting Units or their employees have voting or investment discretion or both, or with respect to which there are limits on their voting or investment authority or both and (ii) certain investment entities of which the Goldman Sachs Reporting Units act as the general partner, managing general partner or other manager, to the extent interests in such entities are held by persons other than the Goldman Sachs Reporting Units.

Each of the Record Owners is the record owner of the shares of Common Stock shown on item 9 of its respective cover page.

VF VI Advisors LLC is the general partner of Vintage VI LP and Vintage VI Offshore Holdings LP and may be deemed to share beneficial ownership of the shares of Common Stock of which Vintage VI LP and Vintage VI Offshore Holdings LP are the record owners.

VF VI Offshore Advisors Inc is the general partner of Vintage VI Mgr Hlds LP and may be deemed to share beneficial ownership of the shares of Common Stock of which Vintage VI Mgr Hlds LP is the record owner.

Ubar Investors, L.P. is the sole member of Ubar Investment Holdings Limited and may be deemed to share beneficial ownership of the shares of Common Stock of which Ubar Investment Holdings Limited is the record owner.

GS UI Advisors Limited is the general partner of Ubar Investors, L.P. and may be deemed to share beneficial ownership of the shares of Common Stock of which Ubar Investors, L.P. is the beneficial owner.

MB Advisors Ltd is the general partner of Merbau Investors Offshore Holdings II, L.P. and may be deemed to share beneficial ownership of the shares of Common Stock of which Merbau Investors Offshore Holdings II, L.P. is the record owner.

GS PE Harvest GP II A Inc is the general partner of PE CSEC Offshore Holdings II, L.P. and may be deemed to share beneficial ownership of the shares of Common Stock of which PE CSEC Offshore Holdings II, L.P. is the record owner.

DA Private Equity GP LLC is the general partner of DALPP, L.P. and may be deemed to share beneficial ownership of the shares of Common Stock of which DALPP, L.P. is the record owner.

Goldman Sachs TL Program Advisors, Inc is the general partner of RA Program LP and may be deemed to share beneficial ownership of the shares of Common Stock of which RA Program LP is the record owner.

GSAM Gen-Par, LLC is the sole director of Goldman Sachs TL Program Advisers, Inc, MB Advisors Ltd, GS PE Harvest GP II A Inc, and GS UI Advisors Limited, and may be deemed to share beneficial ownership of the shares of Common Stock of which such entities are beneficial owners.

Goldman Sachs Asset Management, L.P. is the investment manager or investment advisor to each of the Record Owners and may be deemed to share beneficial ownership of the shares of Common Stock of which such entities are the record owners.

Item 5. Ownership of Five Percent or Less of a Class.

Not Applicable.

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.

See Exhibit (99.2)
 
Item 9. Notice of Dissolution of Group.

Not Applicable.
 
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, other than activities solely in connection with a nomination under Section 240.14a-11.

INDEX TO EXHIBITS

Exhibit No.
 
Exhibit
     
99.1
 
99.2
 
99.3
 
99.4
 
99.5
 
99.6
 
99.7
 
99.8
 
99.9
 
99.10
 
99.11
 
99.12
 
99.13
 
99.14
 
99.15
 
99.16
 
99.17
 
99.18
 
99.19
 
99.20
 


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.

Dated:  April 17, 2020

 
GOLDMAN SACHS ASSET MANAGEMENT, L.P.
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
VINTAGE VI LP
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
VINTAGE VI OFFSHORE HOLDINGS LP
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
VF VI ADVISORS LLC
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
VINTAGE VI MGR HLDS LP
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
VF VI OFFSHORE ADVISORS INC
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
UBAR INVESTMENT HOLDINGS LIMITED
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
UBAR INVESTORS, L.P.
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
GS UI ADVISORS LIMITED
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
MERBAU INVESTORS OFFSHORE HOLDINGS II, L.P.
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
MB ADVISORS LTD
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
PE CSEC OFFSHORE HOLDINGS II, L.P.
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
GS PE HARVEST GP II A INC
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
DALPP, L.P.
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
DA PRIVATE EQUITY GP LLC
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
RA PROGRAM LP
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
GOLDMAN SACHS TL PROGRAM ADVISORS, INC
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact
 


 
GSAM GEN-PAR, L.L.C.
 
     
 
By:
/s/ Andres Gonzalez
 
 
Name:
Andres Gonzalez
 
 
Title:
Attorney-in-fact