UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of
1934
Date
of
Report (Date of earliest event reported) November
15, 2005
PLM
EQUIPMENT GROWTH FUND VI
(Exact
name of registrant as specified in its charter)
|
California
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0-21806
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94-3135515
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|
(State
or other jurisdiction of
incorporation
or organization)
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(Commission
File
Number)
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(I.R.S.
Employer Identification No.)
|
|
405
Lexington Ave., 67th
Floor
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New
York, NY
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10174
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|
(Address
of principal executive offices)
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(Zip
Code)
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|
Registrant's
telephone number, including area code:
(212)-682-3344
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200
Nyala Farms Road Westport, CT
06880
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|
(Former
name or former address, if changed since last
report.)
|
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
[
]
Written communications pursuant to Rule 425 under the Securities Act (17
CFR230.425)
[
]
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
[
]
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act
(17 CFR240.14d-2(b))
[
]
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act
(17 CFR240.13e-4(c))
Item
5.02 Departure of Directors or Principal Officers: Election of Directors:
Appointment of Principal Officers
Concurrent
with the sale of PLM Financial Services, Inc (FSI), the general partner of
PLM
Equipment Growth Fund VI, discussed in Item 8.01 below, James A. Coyne resigned
his positions as Chairman of the Board of Directors, President, and Secretary
of
FSI. Gary D. Engle resigned as a director of FSI. Richard K Brock resigned
his
position as Senior Vice President of FSI but will remain its Chief Financial
Officer and Treasurer.
Effective
November 15, 2005, FSI announced the following elections and
appointments:
Paul
M.
Leand, Jr, 39, was elected as the Chairman of the Board of Directors and
appointed the President and Secretary of FSI. Mr. Leand joined the predecessor
of AMA Capital Partners LLC (AMA) in 1998 and has been AMA’s CEO
since
2004. Mr. Leand developed AMA’s restructuring practice in the maritime industry
and has led many mergers and acquisitions. Mr. Leand has extensive experience
in
structuring leasing and debt facilities. Prior to joining AMA, Mr. Leand was
employed at The First National Bank of Maryland where he managed the bank’s
railroad and maritime divisions.
Michael
Dockman, 42, was elected to FSI’s board of directors. Mr. Dockman joined AMA
Capital Partners in 2005 as a Managing Director Mr. Dockman is involved in
merger and acquisitions and structured financings in the domestic transportation
marketplace. Prior to joining AMA, Mr. Dockman was with Railroad Financial
Corporation, a leading investment bank focused on the rail industry.
James
G.
Dolphin, 38, was elected to FSI’s board of directors. Mr. Dolphin joined AMA in
2001 and is AMA’s President. Mr. Dolphin is involved in AMA’s strategic advisory
work in the shipping industry. Prior to joining AMA, Mr. Dolphin led the global
freight transportation management consulting practice at Booz Allen
Hamilton.
Peter
Shaerf, 51, was elected to FSI’s board of directors. Mr. Shaerf has been a
Managing Director at AMA since 2002. Mr. Shaerf has over thirty years experience
in the maritime industry. Prior to joining AMA Capital Partners, he was a
co-founder of Poseidon Capital and also ran The Commonwealth Group. Mr. Shaerf
is on the board of directors of several publicly held companies.
Mr.
Leand, Mr. Dockman,
Mr. Dolphin and Mr. Shaerf are neither related to any other director or
executive officer of the company nor do they have any relationships or
transactions with FSI outside the context of their employment with
AMA.
Item
8.01 Other Events
On
November 15, 2005, PLM International, Inc. the former parent company of PLM
Financial Services Inc., announced that it had sold all the issued and
outstanding shares of common stock of FSI to AMA CP Fund I Inc.
AMA
CP
Fund I Inc. is a New York limited liability company focused on investing in
transportation assets.
The
managing member of AMA CP Fund I Inc is AMA Capital Partners LLC.
Exhibits
99.1
Press
release dated November 16, 2005 on the purchase of PLM Financial Services,
Inc.
by AMA CP Fund I Inc.
SIGNATURE
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| |
PLM
Equipment Growth Fund VI
By
PLM Financial Services, Inc.
Its
General Partner
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| |
By:
/s/ Richard K Brock
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Date:
November 18, 2005
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Richard
K Brock
Chief
Financial Officer
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Exhibit 99.1
AMA
CAPITAL PARTNERS BUYS PLM GENERAL PARTNER INTERESTS THROUGH ITS NEWLY LAUNCHED
FUND
(New York), November 16, 2005 - AMA Capital Partners, LLC (AMA) today announced
the completion of its acquisition of PLM Financial Services, Inc., the general
partner of four PLM Funds. The acquisition was made through ACP Fund I, AMA's
$100 million investment fund launched earlier this year and the second fund
AMA
has managed.
The PLM funds have controlling and managing interests in a number of tankers,
bulk carriers, commercial aircraft, trailers and containers through four
publicly traded funds.
"PLM Funds was founded in 1972 and is well known as a quality owner and operator
of transportation assets. We are confident that AMA's deep understanding of
transportation markets will enable us to maximize the value from the funds’
assets for the benefit of the PLM shareholders,” said AMA's CEO Paul Leand
Jr.
"We are excited about this transaction. Over the past few years, AMA has
successfully built upon its traditional strength in the maritime sector to
expand into broader transportation markets. This acquisition of the PLM general
partner interests by ACP Fund I is exactly in line with these efforts and
further leverages our growing capabilities" added Leand. The acquisition gives
AMA instant access to the public markets and a platform for expansion across
several transport asset categories.
Headquartered in New York with additional offices in Baltimore and Oslo, AMA
Capital Partners, LLC is a privately held merchant banking firm specializing
in
the transportation industry.
Any inquires regarding this announcement should be directed to Paul Leand,
Jr.,
CEO of AMA Capital Partners at +1 212 682 3344, or via email at pleand@amausa.com.