UNITED STATES
SECURITIES EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------------------------------------------------------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 2)*
QUANTA CAPITAL HOLDINGS LIMITED
-------------------------------
(Name of Issuer)
Common Stock, $0.01 par value per share
-------------------------------------------------
(Title of Class of Securities)
G7313F106
-------------------
(CUSIP Number)
Brad Huntington
Brevan Howard P&C Partners Limited
12 Bermudiana Road
3rd Floor
Hamilton, HMAX
Bermuda
+14412929774
--------------------
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 10, 2008
----------------------
(Date of Event which Requires Filing of this Statement)
If the filing Persons has previously filed a statement on Schedule 13G to report
the acquisition that is the subject of this Schedule 13D, and is filing this
statement because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [ ]
Note: Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. See ss.240.13d-7 for other
parties to whom copies are to be sent.
* 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).
SCHEDULE 13D
CUSIP NO.: G7313F106 PAGE 2 OF 9 PAGES
...............................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
BREVAN HOWARD P&C PARTNERS LIMITED
...............................................................................
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
...............................................................................
3. SEC Use Only
...............................................................................
4. Source of Funds (See Instructions)
WC
...............................................................................
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[ ]
...............................................................................
6. Citizenship or Place of Organization
CAYMAN ISLANDS
...............................................................................
Number of 7. Sole Voting Power 0
Shares ............................................................
Beneficially 8. Shared Voting Power 0
Owned by Each ............................................................
Reporting 9. Sole Dispositive Power 0
Person With ............................................................
10. Shared Dispositive Power 0
...............................................................................
11. Aggregate Amount Beneficially Owned by Each Reporting Person
0
...............................................................................
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[ ]
...............................................................................
13. Percent of Class Represented by Amount in Row (11)
0% based on 0 shares outstanding as of October 10, 2008.
...............................................................................
14. Type of Reporting Person:
PN
SCHEDULE 13D
CUSIP NO.: G7313F106 PAGE 3 OF 9 PAGES
...............................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
ARMOUR REINSURANCE GROUP LIMITED
...............................................................................
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
...............................................................................
3. SEC Use Only
...............................................................................
4. Source of Funds (See Instructions)
WC
...............................................................................
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[ ]
...............................................................................
6. Citizenship or Place of Organization
CAYMAN ISLANDS
...............................................................................
Number of 7. Sole Voting Power 0
Shares ............................................................
Beneficially 8. Shared Voting Power 0
Owned by Each ............................................................
Reporting 9. Sole Dispositive Power 0
Person With ............................................................
10. Shared Dispositive Power 0
...............................................................................
11. Aggregate Amount Beneficially Owned by Each Reporting Person
0
...............................................................................
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[ ]
...............................................................................
13. Percent of Class Represented by Amount in Row (11)
0% based on 0 shares outstanding as of October 10, 2008.
...............................................................................
14. Type of Reporting Person:
OO
SCHEDULE 13D
CUSIP NO.: G7313F106 PAGE 4 OF 9 PAGES
...............................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
BREVAN HOWARD P&C MASTER FUND LIMITED
...............................................................................
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
...............................................................................
3. SEC Use Only
...............................................................................
4. Source of Funds (See Instructions)
WC
...............................................................................
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[ ]
...............................................................................
6. Citizenship or Place of Organization
CAYMAN ISLANDS
...............................................................................
Number of 7. Sole Voting Power 0
Shares ............................................................
Beneficially 8. Shared Voting Power 0
Owned by Each ............................................................
Reporting 9. Sole Dispositive Power 0
Person With ............................................................
10. Shared Dispositive Power 0
...............................................................................
11. Aggregate Amount Beneficially Owned by Each Reporting Person
0
...............................................................................
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[ ]
...............................................................................
13. Percent of Class Represented by Amount in Row (11)
0% based on 0 shares outstanding as of October 10, 2008.
...............................................................................
14. Type of Reporting Person:
OO
SCHEDULE 13D
CUSIP NO.: G7313F106 PAGE 5 OF 9 PAGES
...............................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
BRAD HUNTINGTON
...............................................................................
2. Check the Appropriate Box if a Member of a Group (See Instructions)
(a) [ ]
(b) [ ]
...............................................................................
3. SEC Use Only
...............................................................................
4. Source of Funds (See Instructions)
WC
...............................................................................
5. Check if Disclosure of Legal Proceedings is Required Pursuant to Items
2(d) or 2(e)
[ ]
...............................................................................
6. Citizenship or Place of Organization
CANADA
...............................................................................
Number of 7. Sole Voting Power 0
Shares ............................................................
Beneficially 8. Shared Voting Power 0
Owned by Each ............................................................
Reporting 9. Sole Dispositive Power 0
Person With ............................................................
10. Shared Dispositive Power 0
...............................................................................
11. Aggregate Amount Beneficially Owned by Each Reporting Person
0
...............................................................................
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[ ]
...............................................................................
13. Percent of Class Represented by Amount in Row (11)
0% based on 0 shares outstanding as of October 10, 2008.
...............................................................................
14. Type of Reporting Person:
IN
Page 6 of 9 Pages
Pursuant to Rule 13d-2 promulgated under the Act, this
Schedule 13D/A (this "Amendment No. 2") amends the Schedule 13D filed on
November 2, 2007 (the "Original Schedule 13D" and as amended by Amendment No. 1
thereto filed with the Commission on December 17, 2007, together with this
Amendment No. 2, are collectively referred to herein as the "Schedule 13D").
This Amendment No. 2 relates to the common stock, par value $0.01 per share, of
Quanta Capital Holdings Limited, a Bermuda corporation (the "Issuer"). Unless
the context otherwise requires, references herein to the "Common Stock" are to
such common stock of the Issuer. This Amendment No. 3 to the Schedule 13D is
being filed by the Reporting Persons to report that the number of Shares that
the Reporting Persons may be deemed to beneficially own has decreased by more
than one percent of the current amount of outstanding Shares. Capitalized terms
used but not defined herein shall have the meanings ascribed to them in the
Initial Statement. The Schedule 13D is amended as follows.
Item 1. Security and Issuer
This Statement relates to the Shares. The address of the
principal executive office of the Issuer is Cumberland House, 1 Victoria Street,
Hamilton, Bermuda, HM 11.
Item 2. Identity and Background
This Statement is filed on behalf of each of the following
persons (collectively, the "Reporting Persons"):
i) Brevan Howard P&C Partners Limited ("BH P&C Partners");
ii) Armour Reinsurance Group Limited ("Armour");
iii) Brevan Howard P&C Master Fund Limited ("P&C Master
Fund");
iv) Brad Huntington ("Mr. Huntington").
This Statement relates to Shares (as defined herein) held for
the account of Armour, a Cayman Islands exempted company.
The Reporting Persons
BH P&C Partners is a Bermudan limited liability company and
its principal office is located at 12 Bermudiana Road, 3rd Floor, Hamilton,
HMAX, Bermuda. The principal business of BH P&C Partners is management of the
investment activities of each of Armour, P&C Master Fund, Brevan Howard P&C Fund
Limited and Brevan Howard P&C Fund, L.P. BH P&C Partners serves as investment
manager to Armour, and in such capacity, BH P&C Partners may be deemed to have
voting and dispositive power over, the Shares held for such accounts. Mr.
Huntington is the Chief Executive Officer of BH P&C Partners.
Item 5. Interest in Securities of the Issuer
Item 5 of Schedule 13D is hereby amended and restated in its
entirety as follows:
According to information reflected on a Form 25 with the
Securities and Exchange Commission, the number of Shares outstanding was 0 as of
October 10, 2008, as the Issuer deregistered its securities on such Form 25.
Page 7 of 9 Pages
(a) Each of BH P&C Partners, Armour, P&C Master Fund and Mr.
Huntington may be deemed the beneficial owner of 0 Shares (approximately 0% of
the total number of Shares outstanding).
(b) (i) BH P&C Partners may be deemed to have shared power to
direct the voting and disposition of the 0 Shares that they may be deemed to
beneficially own as set forth above.
(ii) Mr. Huntington, Armour and P&C Master Fund may be
deemed to have shared power to direct the voting and disposition of the 0 Shares
that BH P&C Partners may be deemed to beneficially own as set forth above.
(c) Information concerning transactions in the Shares effected
by the Reporting Persons since the filing of the Original Schedule 13D is set
forth in Schedule A and is incorporated by reference. Except for the
transactions by the Brevan Howard Reporting Persons set forth on Schedule A
hereto, since the filing of the Original Schedule 13D there were no transactions
in the Shares effected by BH P&C Partners, Armour, P&C Master Fund, and Mr.
Huntington, nor, to the best of the knowledge of the by BH P&C Partners, Armour,
P&C Master Fund, and Mr. Huntington, any of the BH P&C Partners, Armour, P&C
Master Funds' executive officers or members. All of the transactions in Shares
listed on Schedule A hereto were effected due to acquisition of Quanta Capital
Holdings Ltd. by Catalina Holdings (Bermuda) Ltd., effective October 10, 2008.
Upon completion of this transaction, the common shares of Quanta Capital
Holdings Ltd. have been cancelled and converted into the right to receive $2.80
in cash. Please see the most recently filed Form 8-K of Quanta Capital Holdings
Ltd., available at http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK
=0001264242&owner=include&count=40
(d) Not applicable.
(e) The Reporting Persons ceased to be the beneficial owner of
more than 5% of the Shares on October 10, 2008.
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.
Date: October 29, 2008 BREVAN HOWARD P&C PARTNERS LIMITED
By:
/s/ Brad Huntington
-------------------------------
Name: Brad Huntington
Title: Director
Date: October 29, 2008 ARMOUR REINSURANCE GROUP LIMITED
By:
/s/ Brad Huntington
-------------------------------
Name: Brad Huntington
Title: Director
Page 8 of 9 Pages
Date: October 29, 2008 BREVAN HOWARD P&C MASTER FUND LIMITED
By:
/s/ Brad Huntington
-------------------------------
Name: Brad Huntington
Title: Director
Date: October 29, 2008 BRAD HUNTINGTON
By:
/s/ Brad Huntington
--------------------------------
Name: Brad Huntington
Page 9 of 9 Pages
SCHEDULE A
RECENT TRANSACTIONS IN THE SECURITIES OF
QUANTA CAPITAL HOLDINGS LIMITED
On October 10, 2008, the Reporting Persons received $2.80 per
share for 6,785,045 shares. This was due to the to acquisition of Quanta Capital
Holdings Ltd. by Catalina Holdings (Bermuda) Ltd., As per the terms of the
transaction, common shares of Quanta Capital Holdings Ltd. have been cancelled
and converted into the right to receive $2.80 in U.S. dollars without interest.