First Pacific Advisors Wins Big With Its Nexeo Solutions Inc. (NXEO) Bet

Name of
Reporting Persons:

FPA Crescent Fund, a series of FPA Funds Trust

Check the Appropriate Box if a Member
of a Group (See Instructions):

(a)  ☐        (b)  ☐

SEC Use Only:

Source of Funds (See
Instructions):

WC

Check if Disclosure of Legal
Proceedings is Required Pursuant to Items 2(d) or 2(e):

☐

Citizenship or Place of
Organization:

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH:

Sole Voting Power

0

Shared Voting Power

21,605,125

Sole Dispositive Power

0

Shared Dispositive Power

21,605,125

Aggregate Amount Beneficially Owned by Each Reporting Person:

21,605,125

Check if the Aggregate Amount in Row
(11) Excludes Certain Shares (See Instructions):

☐

Percent of Class Represented by Amount
in Row (11):

24.1% (1)

Type of Reporting Person (See
Instructions):

IV

Based on 89,734,146 shares of the Issuers common stock outstanding as of August 3, 2018, according
to the Issuers Form 10-Q filed with the SEC on August 7, 2018. See Items 4 and 5 for disclosure regarding securities of the Issuer held directly by WLRS Fund I LLC.