UNITED STATES
SECURITIES EXCHANGE COMMISSION
Washington, D.C. 20549
--------------------------------------------------------------------------------
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
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)
December 6, 2007
------------------------------
(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/A
CUSIP No.: G7313F106 Page 2 of 10 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 None
Shares .............................................................
Beneficially 8. Shared Voting Power 6,385,045
Owned by Each .............................................................
Reporting 9. Sole Dispositive Power None
Persons With .............................................................
10. Shared Dispositive Power 6,385,045
.................................................................................
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,385,045
.................................................................................
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[ ]
.................................................................................
13. Percent of Class Represented by Amount in Row (11)
9.1% based on 70,133,499 shares outstanding as of November 1, 2007.
.................................................................................
14. Type of Reporting Person:
PN
SCHEDULE 13D/A
CUSIP No.: G7313F106 Page 3 of 10 Pages
.................................................................................
1. Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).
ARMOUR GROUP HOLDINGS 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 None
Shares .............................................................
Beneficially 8. Shared Voting Power 6,385,045
Owned by Each .............................................................
Reporting 9. Sole Dispositive Power None
Persons With .............................................................
10. Shared Dispositive Power 6,385,045
.................................................................................
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,385,045
.................................................................................
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[ ]
.................................................................................
13. Percent of Class Represented by Amount in Row (11)
9.1% based on 70,133,499 shares outstanding as of November 1, 2007.
.................................................................................
14. Type of Reporting Person:
OO
SCHEDULE 13D/A
CUSIP No.: G7313F106 Page 4 of 10 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 None
Shares .............................................................
Beneficially 8. Shared Voting Power 6,385,045
Owned by Each .............................................................
Reporting 9. Sole Dispositive Power None
Persons With .............................................................
10. Shared Dispositive Power 6,385,045
.................................................................................
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,385,045
.................................................................................
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[ ]
.................................................................................
13. Percent of Class Represented by Amount in Row (11)
9.1% based on 70,133,499 shares outstanding as of November 1, 2007.
.................................................................................
14. Type of Reporting Person:
OO
SCHEDULE 13D/A
CUSIP No.: G7313F106 Page 5 of 10 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 None
Shares .............................................................
Beneficially 8. Shared Voting Power 6,385,045
Owned by Each .............................................................
Reporting 9. Sole Dispositive Power None
Persons With .............................................................
10. Shared Dispositive Power 6,385,045
.................................................................................
11. Aggregate Amount Beneficially Owned by Each Reporting Person
6,385,045
.................................................................................
12. Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See
Instructions)
[ ]
.................................................................................
13. Percent of Class Represented by Amount in Row (11)
9.1% based on 70,133,499 shares outstanding as of November 1, 2007.
.................................................................................
14. Type of Reporting Person:
IN
Page 6 of 10 Pages
Pursuant to Rule 13d-2 promulgated under the Act, this Schedule
13D/A (this "Amendment No. 1") amends the Schedule 13D filed on November 13,
2007 (the "Original Schedule 13D" and, together with this Amendment No. 1, are
collectively referred to herein as the "Schedule 13D"). This Amendment No. 1
amends and supplements the Original Schedule 13D filed on November 13, 2007.
Information reported in the Original Schedule 13D remains in effect except to
the extent that is is amended, restated, or superseded by information contained
in this Amendment No. 1. This Amendment No. 1 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 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 increased by more
than one percent of the current outstanding Shares, as disclosed in the Issuer's
quarterly report on Form 10-Q that was filed on November 9, 2007. Capitalized
terms used by not defined herein shall have the meaning ascribed to them in the
Initial Statement.
Item 3. Source and Amount of Funds or Other Consideration
Item 3 of Schedule 13D is hereby amended and restated in its
entirety as follows:
The Shares covered by this Schedule 13D were purchased by the
Reporting Persons between November 9, 2007 and December 12, 2007 for
approximately $5,252,220. The source of funds for the purchases was cash
available for investment held by the Reporting Persons.
Page 7 of 10 Pages
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 filed by the Issuer with the Securities
and Exchange Commission, the number of Shares outstanding was 70,133,499 as of
November 1, 2007.
(a) Each of BH P&C Partners, Armour, P&C Master Fund and Mr.
Huntington may be deemed the beneficial owner of 6,385,045 Shares (approximately
9.1% 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 6,385,045 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 6,385,045
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 in the open market in routine brokerage
transactions.
(d) Not applicable.
(e) Not applicable.
Page 8 of 10 Pages
Item 7. Material to be filed as Exhibits.
The Exhibit Index is incorporated herein by reference.
Page 9 of 10 Pages
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: December 12, 2007 BREVAN HOWARD P&C PARTNERS LIMITED
By:
/s/ Brad Huntington
------------------------------
Name: Brad Huntington
Title: Director
Date: December 12, 2007 ARMOUR GROUP HOLDINGS LIMITED
By:
/s/ Brad Huntington
------------------------------
Name: Brad Huntington
Title: Director
Date: December 12, 2007 BREVAN HOWARD P&C MASTER FUND LIMITED
By:
/s/ Brad Huntington
------------------------------
Name: Brad Huntington
Title: Director
Date: December 12, 2007 BRAD HUNTINGTON
By:
/s/ Brad Huntington
------------------------------
Name: Brad Huntington
Page 10 of 10 Pages
ANNEX A
RECENT TRANSACTIONS IN THE SECURITIES OF
QUANTA CAPITAL HOLDINGS LIMITED
----------------------------- ----------------------------- ----------------------- ----------------------
Date of Transaction Nature of Transaction Number of Shares Price per Share
----------------------------- ----------------------------- ----------------------- ----------------------
11/20/2007 PURCHASE 421,000 $2.77
----------------------------- ----------------------------- ----------------------- ----------------------
11/30/2007 PURCHASE 86,000 $2.75
----------------------------- ----------------------------- ----------------------- ----------------------
12/04/2007 PURCHASE 10,000 $2.78
----------------------------- ----------------------------- ----------------------- ----------------------
12/05/2007 PURCHASE 1,300,000 $2.78
----------------------------- ----------------------------- ----------------------- ----------------------
12/07/2007 PURCHASE 75,000 $2.77
----------------------------- ----------------------------- ----------------------- ----------------------