SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
-----------------------
SCHEDULE 13G
(Rule 13d-102)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
PURSUANT TO RULE 13d-2(b)
(Amendment No.2)1
Cross Country, Inc.
- -------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, Par Value $0.0001 per Share
- -------------------------------------------------------------------------------
(Title of Class of Securities)
22748P105
- -------------------------------------------------------------------------------
(CUSIP Number)
October 24, 2001
- -------------------------------------------------------------------------------
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[ ] Rule 13d-1(c)
[X] Rule 13d-1(d)
- ---------
1 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 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).
CUSIP No. 22748P105 13G Page 2 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MORGAN STANLEY
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)[ ]
(b)[ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 4,390,473
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 4,390,473
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
4,390,473
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
13.4%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 22748P105 13G Page 3 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MORGAN STANLEY VENTURE CAPITAL III, INC.
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 435,209
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 435,209
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
435,209
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.3%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO, IA
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 22748P105 13G Page 4 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MORGAN STANLEY VENTURE PARTNERS III, L.L.C.
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 435,209
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 435,209
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
435,209
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.3%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO, IA
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 22748P105 13G Page 5 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MORGAN STANLEY VENTURE PARTNERS III, L.P.
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 381,845
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 381,845
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
381,845
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.2%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 22748P105 13G Page 6 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MORGAN STANLEY VENTURE INVESTORS III, L.P.
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 36,668
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 36,668
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
36,668
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.1%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 22748P105 13G Page 7 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
THE MORGAN STANLEY VENTURE PARTNERS ENTREPRENEUR FUND, L.P.
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 16,696
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 16,696
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
16,696
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
less than 0.1%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 22748P105 13G Page 8 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MSDW CAPITAL PARTNERS IV, INC.
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 3,955,264
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 3,955,264
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,955,264
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.1%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
CO, IA
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 22748P105 13G Page 9 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MSDW CAPITAL PARTNERS IV, LLC
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 3,955,264
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 3,955,264
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,955,264
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
12.1%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
OO
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 22748P105 13G Page 10 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MORGAN STANLEY DEAN WITTER CAPITAL PARTNERS IV, L.P.
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 3,464,045
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 3,464,045
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
3,464,045
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
10.6%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 22748P105 13G Page 11 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MSDW IV 892 INVESTORS, L.P.
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 371,760
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 371,760
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
371,760
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
1.1%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
CUSIP No. 22748P105 13G Page 12 of 23 Pages
- -------------------------------------------------------------------------------
1. NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
MORGAN STANLEY DEAN WITTER CAPITAL INVESTORS IV, L.P.
- -------------------------------------------------------------------------------
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]
(b) [ ]
- -------------------------------------------------------------------------------
3. SEC USE ONLY
- -------------------------------------------------------------------------------
4. CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
- -------------------------------------------------------------------------------
5. SOLE VOTING POWER -0-
NUMBER OF -----------------------------------------------------
SHARES 6. SHARED VOTING POWER 119,459
BENEFICIALLY
OWNED BY -----------------------------------------------------
EACH 7. SOLE DISPOSITIVE POWER -0-
REPORTING
PERSON WITH -----------------------------------------------------
8. SHARED DISPOSITIVE POWER 119,459
- -------------------------------------------------------------------------------
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
119,459
- -------------------------------------------------------------------------------
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [ ]
CERTAIN SHARES*
- -------------------------------------------------------------------------------
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
0.4%
- -------------------------------------------------------------------------------
12. TYPE OF REPORTING PERSON*
PN
- -------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Item 1(a). Name of Issuer:
Cross Country, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
6551 Park of Commerce Blvd., N.W., Suite 200, Boca Raton, FL 33487
Item 2(a). Name of Person Filing:
This statement is filed jointly on behalf of the persons identified below.
In accordance with Rule 13d-1(k)(1) under the Securities Exchange Act of 1934,
as amended (the "Exchange Act"), each person filing this statement acknowledges
that it is responsible for the completeness and accuracy of the information
concerning that person but is not responsible for the completeness or accuracy
of the information concerning the other persons making the filing, unless such
person knows or has reason to believe that such information is inaccurate.
Morgan Stanley ("MS")
Morgan Stanley Venture Capital III, Inc. ("MSVC III, Inc.")
Morgan Stanley Venture Partners III, L.L.C. ("MSVP III, L.L.C.")
Morgan Stanley Venture Partners III, L.P. ("MSVP III, L.P.")
Morgan Stanley Venture Investors III, L.P. ("MSVI III, L.P.")
The Morgan Stanley Venture Partners Entrepreneur Fund, L.P. (the
"Entrepreneur Fund")
MSDW Capital Partners IV, Inc. ("MSDWCP IV, Inc.")
MSDW Capital Partners IV, LLC ("MSDWCP IV, LLC")
Morgan Stanley Dean Witter Capital Partners IV, L.P. ("MSDWCP IV, L.P.")
MSDW IV 892 Investors, L.P. ("MSDW IV 892, L.P.")
Morgan Stanley Dean Witter Capital Investors IV, L.P. ("MSDWCPI IV, L.P.")
Item 2(b). Address of Principal Business Office or, if None, Residence:
The address of the principal business office of MS, MSVC III, Inc., MSVP
III, L.L.C., MSVP III, L.P., MSVI III, L.P., the Entrepreneur Fund, MSDWCP IV,
Inc., MSDWCP IV, LLC, MSDWCP IV, L.P., MSDW IV 892, L.P. and MSDWCPI IV, L.P.
is:
1585 Broadway
New York, New York 10036
Item 2(c). Citizenship:
The citizenship of MS, MSVC III, Inc., MSVP III, L.L.C., MSVP III, L.P.,
MSVI III, L.P., the Entrepreneur Fund, MSDWCP IV, Inc., MSDWCP IV, LLC, MSDWCP
IV, L.P., MSDW IV 892, L.P. and MSDWCPI IV, L.P. is Delaware.
Page 13 of 23
Item 2(d). Title of Class of Securities:
This statement relates to the Company's Common Stock, par value $0.0001
per share (the "Shares").
Item 2(e). CUSIP Number:
22748P105
Item 3. If this Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b)
or (c), Check Whether the Person Filing is a:
(a) [ ] Broker or dealer registered under Section 15 of the
Exchange Act;
(b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act;
(c) [ ] Insurance company as defined in Section 3(a)(19) of the
Exchange Act;
(d) [ ] Investment company registered under Section 8 of the
Investment Company Act;
(e) [ ] An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance
with Rule 13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance
with Rule 13d-1(b)(1)(ii)(G);
(h) [ ] A savings association as defined in Section 3(b) of the
Federal Deposit Insurance Act;
(i) [ ] A church plan that is excluded from the definition of
an investment company under Section 3(c)(14) of the
Investment Company Act;
(j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J).
Item 4. Ownership.
The filing of this statement should not be construed as an admission by
any person that such person is, for purposes of Section 13(d) or 13(g) of the
Exchange Act, the beneficial owner of any securities covered by this statement,
other than the securities set forth opposite such person's name in the table in
Item 4(c) below.
(a) Amount beneficially owned:
Page 14 of 23
As of December 31, 2002: (i) MSVP III, L.P. owned directly 381,845 Shares;
(ii) MSVI III, L.P. owned directly 36,668 Shares; (iii) the Entrepreneur Fund
owned directly 16,696 Shares; (iv) MSDWCP IV, L.P. owned directly 3,464,045
Shares; (v) MSDW IV 892, L.P. owned directly 371,760 Shares; and (vi) MSDWCPI
IV, L.P. owned directly 119,459 Shares.
MSVP III, L.L.C. is the general partner of MSVP III, L.P., MSVI III, L.P.
and the Entrepreneur Fund (collectively, "Funds III"), and, as such, has the
power to vote or direct the vote and to dispose or direct the disposition of
all Shares held by Funds III. MSVC III, Inc. is the institutional managing
member of MSVP III, L.L.C., and, as such, shares, together with the remaining
managing members, the power to direct the actions of MSVP III, L.L.C. MS, as
the sole shareholder of MSVC III, Inc., controls the actions of MSVC III, Inc.
Therefore, MSVP III, L.L.C. and MSVC III, Inc. each may be deemed to have
beneficial ownership of the 435,209 Shares held collectively by Funds III.
MSDWCP IV, LLC is the general partner of MSDWCP IV, L.P., MSDW IV 892,
L.P. and MSDWCI IV, L.P. (collectively, "Funds IV") and, as such, has the
power to vote or direct the vote and to dispose or direct the disposition of
all Shares held by Funds IV. MSDWCP IV, Inc. is the institutional managing
member of MSDWCP IV, LLC, and, as such, shares together with the remaining
managing members, the power to direct the actions of MSDWCP IV, LLC. MS, as the
sole shareholder of MSDWCP IV, Inc., controls the actions of MSDWCP IV, Inc.
Therefore, MSDWCP IV, LLC and MSDWCP IV, Inc. each may be deemed to have
beneficial ownership of the 3,955,264 Shares held by Funds IV.
Therefore, MS may be deemed to have beneficial ownership of the 435,209
Shares held by Funds III and the 3,955,264 Shares held by Funds IV.
MS is filing solely in its capacity as parent company of, and indirect
beneficial owner of securities held by, one of its business units.
(b) Percent of class: (1)
Morgan Stanley 13.4% of the Shares
Morgan Stanley Venture Capital III, Inc. 1.3% of the Shares
Morgan Stanley Venture Partners III, L.L.C. 1.3% of the Shares
Morgan Stanley Venture Partners III, L.P. 1.2% of the Shares
Morgan Stanley Venture Investors III, L.P. 0.1% of the Shares
The Morgan Stanley Venture Partners less than 0.1% of the Shares
Entrepreneur Fund, L.P.
MSDW Capital Partners IV, Inc. 12.1% of the Shares
MSDW Capital Partners IV, LLC 12.1% of the Shares
Morgan Stanley Dean Witter Capital Partners IV, L.P. 10.6% of the Shares
MSDW IV 892 Investors, L.P. 1.1% of the Shares
Morgan Stanley Dean Witter Capital Investors IV, L.P. 0.4% of the Shares
- ---------
(1) Based on the 32,648,266 Shares reported to be outstanding as of October
31, 2002 on the Form 10-Q filed with the SEC, for the quarter ended
September 30, 2002.
Page 15 of 23
(c) Number of shares as to which such person has:
(iii) (iv)
(i) (ii) Sole power Shared power
Sole power Shared power to dispose or to dispose
to vote or to to vote or to direct the or to direct the
direct the vote to direct the vote disposition of disposition of
--------------- ------------------ -------------- ----------------
Morgan Stanley - 0 - 4,390,473 - 0 - 4,390,473
Morgan Stanley Venture - 0 - 435,209 - 0 - 435,209
Capital III, Inc.
Morgan Stanley Venture - 0 - 435,209 - 0 - 435,209
Partners III, L.L.C.
Morgan Stanley Venture - 0 - 381,845 - 0 - 381,845
Partners III, L.P.
Morgan Stanley Venture - 0 - 36,668 - 0 - 36,668
Investors III, L.P.
The Morgan Stanley - 0 - 16,696 - 0 - 16,696
Venture Partners
Entrepreneur Fund, L.P.
MSDW Capital Partners - 0 - 3,955,264 - 0 - 3,955,264
IV, Inc.
MSDW Capital Partners - 0 - 3,955,264 - 0 - 3,955,264
IV, LLC
Morgan Stanley Dean - 0 - 3,464,045 - 0 - 3,464,045
Witter Capital Partners
IV, L.P.
MSDW IV 892 - 0 - 371,760 - 0 - 371,760
Investors, L.P.
Morgan Stanley Dean - 0 - 119,459 - 0 - 119,459
Witter Capital Investors
IV, L.P.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date
hereof the reporting person has ceased to be the beneficial owner of more than
five percent of the class of securities, check the following. [ ]
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
Not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on by the Parent Holding Company or
Control Person.
Not applicable.
Page 16 of 23
Item 8. Identification and Classification of Members of the Group.
Not applicable.
Item 9. Notice of Dissolution of Group.
Not applicable.
Item 10. Certifications.
Not applicable.
Page 17 of 23
SIGNATURE
After reasonable inquiry and to the best of the knowledge and belief of
each of the undersigned, each of the undersigned certifies that the information
set forth in this statement is true, complete and correct.
Date: February 13, 2003
MORGAN STANLEY
By: /s/ Dennine Bullard
-------------------------------------
Name: Dennine Bullard
Title: Authorized Signatory
MORGAN STANLEY VENTURE CAPITAL III,
INC.
By: /s/ Debra Abramovitz
-------------------------------------
Name: Debra Abramovitz
Title: Executive Director
MORGAN STANLEY VENTURE PARTNERS III,
L.L.C.
By: Morgan Stanley Venture Capital III,
Inc., as Institutional Managing
Member
By: /s/ Debra Abramovitz
-------------------------------------
Name: Debra Abramovitz
Title: Executive Director
MORGAN STANLEY VENTURE PARTNERS III,
L.P.
By: Morgan Stanley Venture Partners III,
L.L.C., as General Partner
By: Morgan Stanley Venture Capital III,
Inc., as Institutional Managing
Member of the General Partner
By: /s/ Debra Abramovitz
-------------------------------------
Name: Debra Abramovitz
Title: Executive Director
Page 18 of 23
MORGAN STANLEY VENTURE INVESTORS III,
L.P.
By: Morgan Stanley Venture Partners III,
L.L.C., as General Partner
By: Morgan Stanley Venture Capital III,
Inc., as Institutional Managing
Member of the General Partner
By: /s/ Debra Abramovitz
-------------------------------------
Name: Debra Abramovitz
Title: Executive Director
THE MORGAN STANLEY VENTURE PARTNERS
ENTREPRENEUR FUND, L.P.
By: Morgan Stanley Venture Partners III,
L.L.C., as General Partner
By: Morgan Stanley Venture Capital III,
Inc., as Institutional Managing
Member of the General Partner
By: /s/ Debra Abramovitz
-------------------------------------
Name: Debra Abramovitz
Title: Executive Director
MSDW CAPITAL PARTNERS IV, INC.
By: /s/ Karen H. Bechtel
-------------------------------------
Name: Karen H. Bechtel
Title: Managing Director
MSDW CAPITAL PARTNERS IV, LLC
By: MSDW Capital Partners IV, Inc.,
as Institutional Managing Member
By: /s/ Karen H. Bechtel
-------------------------------------
Name: Karen H. Bechtel
Title: Managing Director
Page 19 of 23
MORGAN STANLEY DEAN WITTER CAPITAL
PARTNERS IV, L.P.
By: MSDW Capital Partners IV, LLC,
as General Partner
By: MSDW Capital Partners IV, Inc.,
as Institutional Managing Member
of the General Partner
By: /s/ Karen H. Bechtel
-------------------------------------
Name: Karen H. Bechtel
Title: Managing Director
MSDW IV 892 INVESTORS, L.P.
By: MSDW Capital Partners IV, LLC,
as General Partner
By: MSDW Capital Partners IV, Inc.,
as Institutional Managing Member
of the General Partner
By: /s/ Karen H. Bechtel
-------------------------------------
Name: Karen H. Bechtel
Title: Managing Director
MORGAN STANLEY DEAN WITTER CAPITAL
INVESTORS IV, L.P.
By: MSDW Capital Partners IV, LLC,
as General Partner
By: MSDW Capital Partners IV, Inc.,
as Institutional Managing Member
of the General Partner
By: /s/ Karen H. Bechtel
-------------------------------------
Name: Karen H. Bechtel
Title: Managing Director
Page 20 of 23
EXHIBIT 1
JOINT FILING AGREEMENT
In accordance with Rule 13d-1(k) under the Securities Exchange Act of
1934, as amended, each of the persons named below agrees to the joint filing of
a Statement on Schedule 13G (including amendments thereto) with respect to the
common stock, par value $0.0001 per share, of Cross Country, Inc., a Delaware
corporation, and further agrees that this Joint Filing Agreement be included as
an exhibit to such filings provided that, as contemplated by Section 13d-
1(k)(l)(ii), no person shall be responsible for the completeness or accuracy of
the information concerning the other persons making the filing, unless such
person knows or has reason to believe that such information is inaccurate.
In evidence thereof, the undersigned, being duly authorized, hereby
execute this Agreement this February 13, 2003.
This Schedule may be executed in two or more counterparts, any one of
which need not contain the signature of more than one party, but all such
parties taken together will constitute part of this Schedule.
MORGAN STANLEY
By: /s/ Dennine Bullard
----------------------------------
Name: Dennine Bullard
Title: Executive Director
MORGAN STANLEY VENTURE CAPITAL III, INC.
By: /s/ Debra Abramovitz
----------------------------------
Name: Debra Abramovitz
Title: Executive Director
MORGAN STANLEY VENTURE PARTNERS III, L.L.C.
By: Morgan Stanley Venture Capital III, Inc.,
as Institutional Managing Member
By: /s/ Debra Abramovitz
----------------------------------
Name: Debra Abramovitz
Title: Executive Director
MORGAN STANLEY VENTURE PARTNERS III, L.P.
By: Morgan Stanley Venture Partners III, L.L.C.,
as General Partner
By: Morgan Stanley Venture Capital III, Inc.,
as Institutional Managing Member of the General Partner
By: /s/ Debra Abramovitz
----------------------------------
Name: Debra Abramovitz
Title: Executive Director
Page 21 of 23
MORGAN STANLEY VENTURE INVESTORS III, L.P.
By: Morgan Stanley Venture Partners III, L.L.C.,
as General Partner
By: Morgan Stanley Venture Capital III, Inc.,
as Institutional Managing Member of the General Partner
By: /s/ Debra Abramovitz
----------------------------------
Name: Debra Abramovitz
Title: Executive Director
THE MORGAN STANLEY VENTURE PARTNERS ENTREPRENEUR FUND, L.P.
By: Morgan Stanley Venture Partners III, L.L.C.,
as General Partner
By: Morgan Stanley Venture Capital III, Inc.,
as Institutional Managing Member of the General Partner
By: /s/ Debra Abramovitz
----------------------------------
Name: Debra Abramovitz
Title: Executive Director
MSDW CAPITAL PARTNERS IV, INC.
By: /s/ Karen H. Bechtel
----------------------------------
Name: Karen H. Bechtel
Title: Managing Director
MSDW CAPITAL PARTNERS IV, LLC
By: MSDW Capital Partners IV, Inc.,
as Institutional Managing Member of the General Partner
By: /s/ Karen H. Bechtel
----------------------------------
Name: Karen H. Bechtel
Title: Managing Director
MORGAN STANLEY DEAN WITTER
CAPITAL PARTNERS IV, L.P.
By: MSDW Capital Partners IV, LLC,
as General Partner
By: MSDW Capital Partners IV, Inc.,
as Institutional Managing Member of the General Partner
By: /s/ Karen H. Bechtel
----------------------------------
Name: Karen H. Bechtel
Title: Managing Director
Page 22 of 23
MSDW IV 892 INVESTORS, L.P.
By: MSDW Capital Partners IV, LLC,
as General Partner
By: MSDW Capital Partners IV, Inc.,
as Institutional Managing Member of the General Partner
By: /s/ Karen H. Bechtel
----------------------------------
Name: Karen H. Bechtel
Title: Managing Director
MORGAN STANLEY DEAN WITTER
CAPITAL INVESTORS IV, L.P.
By: MSDW Capital Partners IV, LLC,
as General Partner
By: MSDW Capital Partners IV, Inc.,
as Institutional Managing Member of the General Partner
By: /s/ Karen H. Bechtel
----------------------------------
Name: Karen H. Bechtel
Title: Managing Director
Page 23 of 23