Edgar Filing: Capital Z Management, LLC

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Capital Z Partners III GP, Ltd.

2. Issuer Name and Ticker or Trading Symbol
NewStar Financial, Inc. [NEWS]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

_____ Director	_____ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
See Remarks Section

(Last)

(First)

(Middle)

142 WEST 57TH STREET,

3. Date of Earliest Transaction (Month/Day/Year)
06/16/2014

(Street)

NEW YORK, NY 10019

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, $0.01 par value								4,000,000	I ⁽¹⁾ ⁽³⁾	See notes ⁽¹⁾ ⁽³⁾
Common Stock, $0.01 par value	06/16/2014		X⁽⁵⁾		200,174	A	$ 10.9	5,704,972	I ⁽²⁾ ⁽³⁾	See notes ⁽²⁾ ⁽³⁾
Common Stock, $0.01 par value	06/16/2014		J⁽⁴⁾⁽⁵⁾		157,881	D	$ 13.82	5,547,091	I ⁽²⁾ ⁽³⁾	See notes ⁽²⁾ ⁽³⁾
Common Stock, $0.01 par value	06/16/2014		M⁽⁶⁾		83,576	A	$ 10.9	101,789	D ⁽⁷⁾
Common Stock, $0.01 par value	06/16/2014		F⁽⁴⁾⁽⁶⁾		65,918	D	$ 13.82	35,871	D ⁽⁷⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code
(Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date
(Month/Day/Year)

7. Title and Amount of Underlying Securities
(Instr. 3 and 4)

8. Price of Derivative Security
(Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)

11. Nature of Indirect Beneficial Ownership
(Instr. 4)

Code

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Warrant (right to buy)

$ 10.9

06/16/2014

X⁽⁵⁾

200,174

06/18/2004

06/18/2014

Common Stock

200,174

$ 0

see note ⁽⁵⁾

Warrant (right to buy)

$ 10.9

06/16/2014

M⁽⁶⁾

83,576

06/18/2004

06/18/2014

Common Stock

83,576

$ 0

D ⁽⁷⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Capital Z Partners III GP, Ltd. 142 WEST 57TH STREET NEW YORK, NY 10019				See Remarks Section
Capital Z Partners III, L.P. 230 PARK AVENUE SOUTH 11TH FLOOR NEW YORK, NY 10003				See Remarks Section
Capital Z Partners III GP, L.P. 230 PARK AVENUE SOUTH 11TH FLOOR NEW YORK, NY 10003				See Remarks Section
CAPITAL Z FINANCIAL SERVICES PRIVATE FUND II, L.P. 230 PARK AVENUE SOUTH, 11TH FLOOR NEW YORK, NY 10003				See Remarks Section
CAPITAL Z FINANCIAL SERVICES FUND II LP 230 PARK AVENUE SOUTH, 11TH FLOOR NEW YORK, NY 10003				See Remarks Section
CAPITAL Z PARTNERS LP 230 PARK AVENUE SOUTH, 11TH FLOOR NEW YORK, NY 10003				See Remarks Section
CAPITAL Z PARTNERS LTD 230 PARK AVENUE SOUTH, 11TH FLOOR NEW YORK, NY 10003				See Remarks Section
Capital Z Partners Management, LLC 230 PARK AVENUE 11TH FLOOR NEW YORK, NY 10003				See Remarks Section
Capital Z Management, LLC 230 PARK AVENUE SOUTH, 11TH FLOOR NEW YORK, NY 10003				See Remarks
COOPER BRADLEY E C/O NEWSTAR FINANCIAL, INC. 500 BOYLSTON STREET, SUITE 1600 BOSTON, MA 02116	X

Signatures

/s/ Craig Fisher, Authorized Signatory for Capital Z Partners III GP, Ltd.		06/18/2014
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	Due to the limitation on the amount of characters used, please see Item 1 of Exhibit 99.2 Explanation of Response.
(2)	Due to the limitation on the amount of characters used, please see Item 2 of Exhibit 99.2 Explanation of Response.
(3)	Bradley E. Cooper is a limited partner of each of Capital Z III GP LP and Capital Z GP LP, and he is an officer and co-owner of CZPM. Mr. Cooper disclaims beneficial ownership of such securities except to the extent of any indirect pecuniary interest therein.
(4)	Payment of exercise price by the reporting person through the withholding of shares by the Issuer.
(5)	Cashless exercise of 199,114 warrants by Capital Z Fund and 1,060 warrants by Capital Z Private Fund.
(6)	Cashless exercise of warrants by Bradley E. Cooper.
(7)	Directly owned by Bradley E. Cooper.
Remarks: Remarks: See Exhibit 99.1 Joint Filer Information and Exhibit 99.2 Explanation of Responses.

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