Item 1. | |
(a) | Name of issuer:
MultiPlan Corp |
(b) | Address of issuer's principal executive
offices:
115 Fifth Avenue, New York, NY, 10003 |
Item 2. | |
(a) | Name of person filing:
Each of the following is hereinafter individually referred to as a "Reporting Person" and collectively as the "Reporting Persons." This statement is filed on behalf of:
(1) ASOF II Holdings I, L.P. ("ASOF Holdings I")
(2) ASOF II A (DE) Holdings I, L.P. ("ASOF II A (DE) Holdings I" and, together with ASOF Holdings I, the "Ares Holders")
(3) ASOF Investment Management LLC
(4) Ares Management LLC
(5) Ares Management Holdings L.P.
(6) Ares Holdco LLC
(7) Ares Management Corporation ("Ares Management")
(8) Ares Voting LLC
(9) Ares Management GP LLC
(10) Ares Partners Holdco LLC ("Ares Partners") |
(b) | Address or principal business office or, if
none, residence:
The business address for each of the Reporting Persons is c/o Ares Management LLC, 1800 Avenue of the Stars, Suite 1400, Los Angeles, CA 90067. |
(c) | Citizenship:
Each of the Reporting Persons is organized under the laws of the State of Delaware. |
(d) | Title of class of securities:
Class A Common Stock |
(e) | CUSIP No.:
62548M209 |
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 (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) | An
investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E); |
(f) | An
employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F); |
(g) | A
parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G); |
(h) | A
savings associations 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) | A
non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S.
institution in accordance with § 240.13d-1(b)(1)(ii)(J), please
specify the type of institution: |
(k) | Group,
in accordance with Rule 240.13d-1(b)(1)(ii)(K). |
| |
Item 4. | Ownership |
(a) | Amount beneficially owned:
The information contained on the cover pages to this Schedule 13G is hereby incorporated by reference into this Item 4.
The amount of securities reported herein includes (i) 1,578,588 shares of Class A Common Stock held by ASOF II Holdings I, L.P. and (ii) 284,517 shares of Class A Common Stock held by ASOF II A (DE) Holdings I, L.P.
Ares Partners is the sole member of each of Ares Voting LLC and Ares Management GP LLC, which are respectively the holders of the Class B and Class C common stock of Ares Management, which common stock allows them, collectively, to generally have the majority of the votes on any matter submitted to the stockholders of Ares Management if certain conditions are met.
Ares Management is the sole member of Ares Holdco LLC, which is the general partner of Ares Management Holdings L.P., which is the sole member of Ares Management LLC, which is the sole member of ASOF Investment Management LLC, which is the manager of each of the Ares Holders. Each of the foregoing entities may be deemed to share beneficial ownership of the securities reported herein, but each disclaims any such beneficial ownership of securities not held of record by them.
Ares Partners is managed by a board of managers, which is composed of Michael J Arougheti, R. Kipp deVeer, David B. Kaplan, Antony P. Ressler and Bennett Rosenthal (collectively, the "Board Members"). Mr. Ressler generally has veto authority over the Board Members' decisions. Each of these individuals disclaims beneficial ownership of the securities that may be deemed to be beneficially owned by Ares Partners. |
(b) | Percent of class:
The information contained on the cover pages to this Schedule 13G is hereby incorporated by reference into this Item 4. % |
(c) | Number of shares as to which the person has:
|
| (i) Sole power to vote or to direct the vote:
See cover pages.
|
| (ii) Shared power to vote or to direct the
vote:
See cover pages.
|
| (iii) Sole power to dispose or to direct the
disposition of:
See cover pages.
|
| (iv) Shared power to dispose or to direct the
disposition of:
See cover pages.
|
Item 5. | Ownership of 5 Percent or Less of a Class. |
| |
Item 6. | Ownership of more than 5 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
|