Filing Details
- Accession Number:
- 0001193125-17-038552
- Form Type:
- 13G Filing
- Publication Date:
- 2017-02-10 17:18:02
- Filed By:
- Sculptor Capital
- Company:
- Penntex Midstream Partners Lp (NASDAQ:PTXP)
- Filing Date:
- 2017-02-10
- SEC Url:
- 13G Filing
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 |
|---|---|---|---|---|---|---|
| OZ Management | 0 | 1,637,842 | 0 | 1,637,842 | 1,637,842 | 8.11% |
| OZ Management II | 0 | 1,637,842 | 0 | 1,637,842 | 1,637,842 | 8.11% |
| Och-Ziff Holding Corporation | 0 | 1,637,842 | 0 | 1,637,842 | 1,637,842 | 8.11% |
| Och-Ziff Holding II | 0 | 1,637,842 | 0 | 1,637,842 | 1,637,842 | 8.11% |
| Och-Ziff Capital Management Group | 0 | 1,637,842 | 0 | 1,637,842 | 1,637,842 | 8.11% |
| Daniel S. Och | 0 | 1,637,842 | 0 | 1,637,842 | 1,637,842 | 8.11% |
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO
RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO 13d-2
(Amendment No. 1)*
| PENNTEX MIDSTREAM PARTNERS, LP |
(Name of Issuer)
| Common units representing limited partner interests |
(Title of Class of Securities)
709311104
(CUSIP Number)
| December 31, 2016 |
(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 persons 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).
| Schedule 13 G | PAGE 2 of 11 | |
| CUSIP No. 709311104 |
| (1) | NAME OF REPORTING PERSON
OZ Management 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
0 | ||||
| (6) | SHARED VOTING POWER
1,637,842 | |||||
| (7) | SOLE DISPOSITIVE POWER
0 | |||||
| (8) | SHARED DISPOSITIVE POWER
1,637,842 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,637,842 | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.11% | |||||
| (12) | TYPE OF REPORTING PERSON
IA | |||||
| Schedule 13 G | PAGE 3 of 11 | |
| CUSIP No. 709311104 |
| (1) | NAME OF REPORTING PERSON
OZ Management II 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
0 | ||||
| (6) | SHARED VOTING POWER
1,637,842 | |||||
| (7) | SOLE DISPOSITIVE POWER
0 | |||||
| (8) | SHARED DISPOSITIVE POWER
1,637,842 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,637,842 | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.11% | |||||
| (12) | TYPE OF REPORTING PERSON
IA | |||||
| Schedule 13 G | PAGE 4 of 11 | |
| CUSIP No. 709311104 |
| (1) | NAME OF REPORTING PERSON
Och-Ziff Holding Corporation | |||||
| (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
0 | ||||
| (6) | SHARED VOTING POWER
1,637,842 | |||||
| (7) | SOLE DISPOSITIVE POWER
0 | |||||
| (8) | SHARED DISPOSITIVE POWER
1,637,842 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,637,842 | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.11% | |||||
| (12) | TYPE OF REPORTING PERSON
CO | |||||
| Schedule 13 G | PAGE 5 of 11 | |
| CUSIP No. 709311104 |
| (1) | NAME OF REPORTING PERSON
Och-Ziff Holding II 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
0 | ||||
| (6) | SHARED VOTING POWER
1,637,842 | |||||
| (7) | SOLE DISPOSITIVE POWER
0 | |||||
| (8) | SHARED DISPOSITIVE POWER
1,637,842 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,637,842 | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.11% | |||||
| (12) | TYPE OF REPORTING PERSON
OO | |||||
| Schedule 13 G | PAGE 6 of 11 | |
| CUSIP No. 709311104 |
| (1) | NAME OF REPORTING PERSON
Och-Ziff Capital Management Group 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
0 | ||||
| (6) | SHARED VOTING POWER
1,637,842 | |||||
| (7) | SOLE DISPOSITIVE POWER
0 | |||||
| (8) | SHARED DISPOSITIVE POWER
1,637,842 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,637,842 | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.11% | |||||
| (12) | TYPE OF REPORTING PERSON
OO | |||||
| Schedule 13 G | PAGE 7 of 11 | |
| CUSIP No. 709311104 |
| (1) | NAME OF REPORTING PERSON
Daniel S. Och | |||||
| (2) | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ☐ (b) ☒
| |||||
| (3) | SEC USE ONLY
| |||||
| (4) | CITIZENSHIP OR PLACE OF ORGANIZATION
United States | |||||
| NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | (5) | SOLE VOTING POWER
0 | ||||
| (6) | SHARED VOTING POWER
1,637,842 | |||||
| (7) | SOLE DISPOSITIVE POWER
0 | |||||
| (8) | SHARED DISPOSITIVE POWER
1,637,842 | |||||
| (9) | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,637,842 | |||||
| (10) | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐
| |||||
| (11) | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
8.11% | |||||
| (12) | TYPE OF REPORTING PERSON
IN | |||||
| Schedule 13 G | PAGE 8 of 11 | |
| CUSIP No. 709311104 |
| ITEM 1 | (a). | NAME OF ISSUER: | ||||||||||
| PennTex Midstream Partners, LP | ||||||||||||
| ITEM 1 | (b). | ADDRESS OF ISSUERS PRINCIPAL EXECUTIVE OFFICES:
11931 Wickchester Ln., Suite 300 Houston, TX 77043 | ||||||||||
| ITEMS 2(a), 2(b) and 2(c). NAME OF PERSON FILING, ADDRESS OF PRINCIPAL BUSINESS OFFICE AND CITIZENSHIP:
| ||||||||||||
| This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the Reporting Persons: | ||||||||||||
| (i) | OZ Management LP (OZ) and OZ Management II LP (OZII), Delaware limited partnerships, are the principal investment managers to a number of investment funds and discretionary accounts, collectively, (the Accounts). OZII is a wholly-owned subsidiary of OZ and, as such, OZ may be deemed to be the beneficial owner of Common Shares held in the Accounts managed by OZII. | |||||||||||
| (ii) | Och-Ziff Holding Corporation (OZHC), a Delaware corporation, serves as the sole general partner of OZ. OZ is the sole member of the Och-Ziff Holding II LLC (OZHII), a Delaware limited liability company, which serves as the general partner of OZII. The Common Shares reported in this Schedule 13G are held in the Accounts managed by OZ and OZII. | |||||||||||
| (iii) | Och-Ziff Capital Management Group LLC (OZM), a Delaware limited liability company, is a holding company that is the sole shareholder of OZHC. | |||||||||||
| (iv) | Daniel S. Och is the Chief Executive Officer of OZHC and the Chief Executive Officer, an Executive Managing Director and Chairman of OZM. | |||||||||||
| The citizenship of each of OZ, OZII, OZHC, OZHII and OZM is set forth above. Daniel S. Och is a United States citizen. | ||||||||||||
| The address of the principal business office of each of the Reporting Persons is 9 West 57th Street, 39th Floor, New York, NY 10019. | ||||||||||||
| ITEM 2 | (d). | TITLE OF CLASS OF SECURITIES: | ||||||||||
| Common units representing limited partner interests (Common Shares) | ||||||||||||
| ITEM 2 | (e). | CUSIP NUMBER: 709311104 | ||||||||||
| ITEM 3. | IF THIS STATEMENT IS FILED PURSUANT TO §§ 240.13d-1(b) or 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A: | |||||||||||
| (a) | ☐ | Broker or dealer registered under Section 15 of the Act; | ||||||||||
| (b) | ☐ | Bank as defined in Section 3(a)(6) of the Act; | ||||||||||
| (c) | ☐ | Insurance Company as defined in Section 3(a)(19) of the Act; | ||||||||||
| (d) | ☐ | Investment Company registered under Section 8 of the Investment Company Act of 1940; | ||||||||||
| (e) | ☐ | Investment Adviser registered under Section 203 of the Investment Advisers Act of 1940: see Rule 13d-1(b)(1)(ii)(E); | ||||||||||
| (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 Rule 13d-1(b)(1)(ii)(F); | ||||||||||
| (g) | ☐ | Parent Holding Company, in accordance with Rule 13d-1(b)(ii)(G); | ||||||||||
| (h) | ☐ | Savings Associations as defined in Section 3(b) of the Federal Deposit Insurance Act; | ||||||||||
| (i) | ☐ | Church Plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act of 1940; | ||||||||||
| (j) | ☐ | Group, in accordance with Rule 13d-1(b)(1)(ii)(J). | ||||||||||
| IF THIS STATEMENT IS FILED PURSUANT TO Rule 13d-1(c), CHECK THIS BOX. ☒ | ||||||||||||
| Schedule 13 G | PAGE 9 of 11 | |
| CUSIP No. 709311104 |
| ITEM 4. | OWNERSHIP. | |||||||||
| OZII serves as the principal investment manager to the Accounts. OZII is a wholly-owned subsidiary of OZ and, as such, OZ may be deemed to be the beneficial owner of Common Shares held in the Accounts managed by OZII. OZ is the sole member of OZHII, the general partner of OZII. As a result, OZ has voting and dispositive authority over the Common Shares reported in this Schedule 13G. OZHC serves as the sole general partner of OZ. As such, OZHC may be deemed to control OZ and therefore may be deemed to be the beneficial owner of the Common Shares reported in this Schedule 13G. OZM is the sole shareholder of OZHC, and for purposes of this Schedule 13G may be deemed to be the beneficial owner of the Common Shares reported in this Schedule 13G. Mr. Daniel S. Och is the Chief Executive Officer and an Executive Managing Director of OZM. As such, for purposes of this Schedule 13G, he may be deemed to control such entity and, therefore, be deemed to be the beneficial owner of the Common Shares reported in this Schedule 13G. | ||||||||||
| The percentages used in this Item 4 are calculated based on 20,184,020 common units outstanding as of October 24, 2016, as reported in the Issuers Form 10-Q filed on October 28, 2016. Beneficial ownership information is presented as of December 31, 2016 and is held via 1,637,842 Common Shares. | ||||||||||
| A. | OZ |
| (a) | Amount beneficially owned: |
1,637,842
| (b) | Percent of class: |
8.11%
| (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 |
1,637,842
| (iii) | sole power to dispose or to direct the disposition of |
0
| (iv) | shared power to dispose or to direct the disposition of |
1,637,842
| B. | OZII |
| (a) | Amount beneficially owned: |
1,637,842
| (b) | Percent of class: |
8.11%
| (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 |
1,637,842
| (iii) | sole power to dispose or to direct the disposition of |
0
| (iv) | shared power to dispose or to direct the disposition of |
1,637,842
| C. | OZHC |
| (a) | Amount beneficially owned: |
1,637,842
| (b) | Percent of class: |
8.11%
| (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 |
1,637,842
| (iii) | sole power to dispose or to direct the disposition of |
0
| (iv) | shared power to dispose or to direct the disposition of |
1,637,842
| D. | OZHII |
| (a) | Amount beneficially owned: |
1,637,842
| (b) | Percent of class: |
8.11%
| (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 |
1,637,842
| (iii) | sole power to dispose or to direct the disposition of |
0
| (iv) | shared power to dispose or to direct the disposition of |
1,637,842
| Schedule 13 G | PAGE 10 of 11 | |
| CUSIP No. 709311104 |
| E. | OZM |
| (a) | Amount beneficially owned: |
1,637,842
| (b) | Percent of class: |
8.11%
| (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 |
1,637,842
| (iii) | sole power to dispose or to direct the disposition of |
0
| (iv) | shared power to dispose or to direct the disposition of |
1,637,842
| F. | Daniel S. Och |
| (a) | Amount beneficially owned: |
1,637,842
| (b) | Percent of class: |
8.11%
| (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 |
1,637,842
| (iii) | sole power to dispose or to direct the disposition of |
0
| (iv) | shared power to dispose or to direct the disposition of |
1,637,842
| 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 ☐. | ||||||||||
| ITEM 6. | OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON. | |||||||||
| See Item 4. | ||||||||||
| 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 Item 4. | ||||||||||
| ITEM 9. | NOTICE OF DISSOLUTION OF GROUP. | |||||||||
| Not applicable. | ||||||||||
| ITEM 10. | CERTIFICATIONS. (if filing pursuant to Rule 13d-1(c)) | |||||||||
| Each of the Reporting Persons hereby make the following certification: | ||||||||||
| By signing below each Reporting Person certifies that, to the best of its 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. | ||||||||||
| Schedule 13 G | PAGE 11 of 11 | |
| CUSIP No. 709311104 |
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: February 6, 2017
| OZ MANAGEMENT LP | ||||
| By: Och-Ziff Holding Corporation, its general partner | ||||
| By: | /s/ Daniel S. Och | |||
| Daniel S. Och | ||||
| Chief Executive Officer | ||||
| OZ MANAGEMENT II LP | ||||
| By: Och-Ziff Holding II LLC, its general partner | ||||
| By: | /s/ Daniel S. Och | |||
| Daniel S. Och | ||||
| Chief Executive Officer | ||||
|
OCH-ZIFF HOLDING CORPORATION | ||||
| By: | /s/ Daniel S. Och | |||
| Daniel S. Och | ||||
| Chief Executive Officer | ||||
| OCH-ZIFF HOLDING II LLC | ||||
| By: | /s/ Daniel S. Och | |||
| Daniel S. Och | ||||
| Chief Executive Officer | ||||
|
OCH-ZIFF CAPITAL MANAGEMENT GROUP LLC | ||||
| By: | /s/ Daniel S. Och | |||
| Daniel S. Och | ||||
| Chief Executive Officer | ||||
|
DANIEL S. OCH | ||||
| By: | /s/ Daniel S. Och | |||
| Daniel S. Och | ||||