UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No.__)*
American Axle & Manufacturing Holdings, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock
--------------------------------------------------------------------------------
(Title of Class of Securities)
024061 10 3
--------------------------------------------------------------------------------
(CUSIP Number)
December 31, 2001
--------------------------------------------------------------------------------
(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)
[x] 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 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).
Page 1 of 14
CUSIP No.024061 10 3 13G Page 2 of 14 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSON: Blackstone Capital Partners II Merchant Banking
Fund L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER: 15,763,041
SHARES
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER: 0
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER: 15,763,041
REPORTING
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER: 0
WITH
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 15,763,041
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 33.5%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (See Instructions): PN
________________________________________________________________________________
Page 2 of 14
CUSIP No.024061 10 3 13G Page 3 of 14 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSON: Blackstone Offshore Capital Partners II L.P.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER: 4,680,856
SHARES
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER: 0
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER: 4,680,856
REPORTING
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER: 0
WITH
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 4,680,856
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 9.9%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (See Instructions): PN
________________________________________________________________________________
Page 3 of 14
CUSIP No.024061 10 3 13G Page 4 of 14 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSON: Blackstone Management Associates II L.L.C.
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER: 22,010,992
SHARES
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER: 0
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER: 22,010,992
REPORTING
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER: 0
WITH
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 22,010,992
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 46.8%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (See Instructions): 00
________________________________________________________________________________
Page 4 of 14
CUSIP No.024061 10 3 13G Page 5 of 14 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSON: Peter G. Peterson
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER: 22,010,992
SHARES
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER: 0
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER: 22,010,992
REPORTING
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER: 0
WITH
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 22,010,992
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 46.8%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (See Instructions): IN
________________________________________________________________________________
Page 5 of 14
CUSIP No.024061 10 3 13G Page 6 of 14 Pages
________________________________________________________________________________
1. NAME OF REPORTING PERSON: Stephen A. Schwarzman
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY):
________________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(a) [_]
(b) [x]
________________________________________________________________________________
3. SEC USE ONLY
________________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION: Delaware
________________________________________________________________________________
NUMBER OF 5. SOLE VOTING POWER: 22,010,992
SHARES
_________________________________________________________________
BENEFICIALLY 6. SHARED VOTING POWER: 0
OWNED BY
_________________________________________________________________
EACH 7. SOLE DISPOSITIVE POWER: 22,010,992
REPORTING
_________________________________________________________________
PERSON 8. SHARED DISPOSITIVE POWER: 0
WITH
________________________________________________________________________________
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON: 22,010,992
________________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(SEE INSTRUCTIONS)
[_]
________________________________________________________________________________
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9): 46.8%
________________________________________________________________________________
12. TYPE OF REPORTING PERSON (See Instructions): IN
________________________________________________________________________________
Page 6 of 14
Item 1(a). Name of Issuer:
American Axle & Manufacturing Holdings, Inc.
____________________________________________________________________
Item 1(b). Address of Issuer's Principal Executive Offices:
1840 Holbrook Avenue, Detroit, Michigan 48212
____________________________________________________________________
Item 2(a). Name of Person Filing:
Blackstone Capital Partners II Merchant Banking Fund L.P.
Blackstone Offshore Capital Partners II L.P.
Blackstone Management Associates II L.L.C.
____________________________________________________________________
Item 2(b). Address of Principal Business Office, or if None, Residence:
c/o Blackstone Management Associates II L.L.C.
345 Park Avenue, New York, New York 10154
____________________________________________________________________
Item 2(c). Citizenship:
Blackstone Capital Partners II Merchant Banking Fund L.P. -
Delaware
Blackstone Offshore Capital Partners II L.P.- Cayman Islands
Blackstone Management Associates II L.L.C. - Delaware
____________________________________________________________________
Item 2(d). Title of Class of Securities:
Common Stock, par value $.01 per share
____________________________________________________________________
Item 2(e). CUSIP Number:
024061 10 3
____________________________________________________________________
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:
(a) [_] Broker or dealer registered under Section 15 of the Exchange Act.
(b) [_] Bank as defined in Section 3(a)(6) of the Exchange Act.
(c) [_] Insurance company as defined in Section 3(a)(19) of the Exchange
Act.
(d) [_] Investment company registered under Section 8 of the Investment
Company Act.
(e) [_] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
Page 7 of 14
(f) [_] An employee benefit plan or endowment fund in accordance with
Rule 13d-1(b)(1)(ii)(F);
(g) [_] A parent holding company or control person in accordance with
Rule 13d-1(b)(1)(ii)(G);
(h) [_] A savings association as defined in Section 3(b) of the Federal
Deposit Insurance Act;
(i) [_] A church plan that is excluded from the definition of an
investment company under Section 3(c)(14) of the Investment Company
Act;
(j) [_] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership.
(a) Amount beneficially owned:
Blackstone Capital Partners II Merchant Banking Fund L.P., a Delaware
limited partnership ("BCP II") is the record holder of 15,763,041 shares
of the identified class of securities and Blackstone Offshore Capital
Partners II L.P., a Cayman Islands exempted limited partnership ("BOCP
II") is the record holder of 4,680,856 shares of the identified class of
securities.
Blackstone Family Investment Partnership II L.P., a Delaware limited
partnership ("BFIP II") is the record holder of 1,567,095 shares of the
identified class of securities.
As the sole general partner of each of BCP II and BFIP II and the sole
investment general partner of BCOP II, Blackstone Management Associates
II L.L.C., a Delaware limited liability company ("BMA II") may be deemed
to be the beneficial owner of 22,010,992 shares of the identified
securities.
Messrs. Peter G. Peterson and Stephen A. Schwarzman are the founding
members of BMA II (the "Founding Members") and have the shared power to
vote or to direct the vote of, and to dispose or to direct the
disposition of, the shares of the identified class of securities that may
be deemed to be beneficially owned by BMA II. As a result, the Founding
Members may be deemed to beneficially own the shares of the identified
class of securities that BMA II may be deemed to beneficially own, but
they disclaim any such beneficial ownership except to the extent of their
individual pecuniary interest in such securities.
(b) Percent of class:
See Item 11 of each cover page, which is based on Item 5 of each cover
page. See Item 4(a).
(c) Number of shares as to which such person has:
(i) Sole power to vote or to direct the vote:
Page 8 of 14
See Item 5 of each cover page.
(ii) Shared power to vote or to direct the vote:
See Item 6 of each cover page.
(iii) Sole power to dispose or to direct the disposition of:
See Item 7 of each cover page.
(iv) Shared power to dispose or to direct the disposition of:
See Item 8 of each cover page.
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.
See Item 4(a) above.
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.
BMA II is the sole general partner of BCP II and BFIP II and the
sole investment general partner of BOCP II and therefore may be
deemed to be the beneficial owner of the securities held by such
limited partnerships. However, BMA II disclaims that it is a
beneficial owner of such securities, except to the extent of its
pecuniary interest in such securities. BCP II, BFIP II and BOCP II
may be deemed to be a group in relation to their respective
investments in American Axle & Manufacturing Holdings, Inc. BCP II,
BFIP II and BOCP II do not affirm the existence of a group.
The Founding Members may be deemed to be a group in relation to
their shared power to vote or to direct the vote of, and to dispose
or to direct the disposition of, the securities held, through BMA
II, by BCP II, BFIP II and BOCP II. The Founding Members do not
affirm the existence of a group.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certifications.
Not applicable.
Page 9 of 14
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.
BLACKSTONE CAPITAL PARTNERS II
MERCHANT BANKING FUND L.P.
By: Blackstone Management Associates II
L.L.C., general partner
By: /s/ Stephen A. Schwarzman
____________________________________
Name:
Title:
Dated: February 14, 2002
Page 10 of 14
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.
BLACKSTONE OFFSHORE CAPITAL
OFFSHORE L.P.
By: Blackstone Management Associates II
L.L.C., general partner
By: /s/ Stephen A. Schwarzman
________________________________
Name:
Title:
Dated: February 14, 2002
Page 11 of 14
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.
BLACKSTONE MANAGEMENT ASSOCIATES II
L.L.C.
By: /s/ Stephen A. Schwarzman
___________________________________
Name:
Title:
Dated: February 14, 2002
Page 12 of 14
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.
/s/ Peter G. Peterson
______________________________________
PETER G. PETERSON
Dated: February 14, 2002
Page 13 of 14
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.
/s/ Stephen A. Schwarzman
______________________________________
STEPHEN A. SCHWARZMAN
February 14, 2002
Page 14 of 14