Dan Friedberg’s Sagard Capital started dumping its 1.2 million share position in ICF International Inc (NASDAQ:ICFI). Sagard Capital disclosed on February 19th in a late filed 13F filing a position of 1.2 million shares at the end of December. This week the long-only fund disclosed that it actually started selling these shares on February 11th. The fund sold a total of 259 thousand shares at prices ranging from $32.81 to $34.16. ICFI shares closed at $33.98 yesterday.
Even though ICFI didn’t perform well over the last 12 months, Sagard Capital profited handsomely from its 2012 investment in the stock. The Connecticut based fund aggresively bought ICFI shares in October 2012 when they were trading below $19.
The details of Sagard Capital’s amended 13D filing can be seen below.
Ownership Summary Table
|Name||Sole Voting Power||Shared Voting Power||Sole Dispositive Power||Shared Dispositive Power||Aggregate Amount Owned Power||Percent of Class|
|Sagard Capital Partners||0||949,765||0||949,765||949,765||4.94%|
|Sagard Capital Partners GP, Inc||0||949,765||0||949,765||949,765||4.94%|
|Sagard Capital Partners Management Corp||0||949,765||0||949,765||949,765||4.94%|
Page 1 of 16 SEC Filing
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Under the Securities Exchange Act of 1934
(Amendment No. 5)*
ICF International, Inc.
(Name of Issuer)
Common Stock, $0.001 par value
(Title Class of Securities)
Sagard Capital Partners, L.P.
325 Greenwich Avenue
Greenwich, CT 06830
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
February 26, 2016
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), 13d-1(f) or 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 Rule 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 persons initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on 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).