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FORM 3
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U.S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
INITIAL STATEMENT OF 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(f) of the Investment Company Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person*
New Mountain GP, LLC
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(Last) (First) (Middle)
712 Fifth Avenue, 23rd Floor
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(Street)
New York NY 10019
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(City) (State) (Zip)
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2. Date of Event Requiring Statement (Month/Day/Year)
March 16, 2001
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3. IRS Identification Number of Reporting Person, if an entity (voluntary)
13-4099827
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4. Issuer Name and Ticker or Trading Symbol
Strayer Education, Inc. (NASDAQ: STRA)
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
[_] Director [X] 10% Owner
[_] Officer (give title below) [_] Other (specify below)
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6. If Amendment, Date of Original (Month/Day/Year)
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7. Individual or Joint/Group Filing (Check Applicable Line)
[X] Form filed by One Reporting Person
[_] Form filed by More than One Reporting Person
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Table I -- Non-Derivative Securities Beneficially Owned
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3. Ownership Form:
2. Amount of Securities Direct (D) or
1. Title of Security Beneficially Owned Indirect (I) 4. Nature of Indirect Beneficial Ownership
(Instr. 4) (Instr. 4) (Instr. 5) (Instr. 5)
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No securities owned (1)
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Reminder: Report on a separate line for each class of securities beneficially
owned directly or indirectly.
* If the form is filed by more than one Reporting Person, SEE
Instruction 5(b)(v).
(Over)
SEC 1473 (3-99)
FORM 3 (continued)
Table II -- Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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5. Owner-
3. Title and Amount of Securities ship
Underlying Derivative Security Form of
2. Date Exercisable (Instr. 4) Derivative
and Expiration Date --------------------------------- 4. Conver- Security:
(Month/Day/Year) Amount sion or Direct 6. Nature of
---------------------- or Exercise (D) or Indirect
Date Expira- Number Price of Indirect Beneficial
1. Title of Derivative Exer- tion of Derivative (I) Ownership
Security (Instr. 4) cisable Date Title Shares Security (Instr. 5) (Instr. 5)
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Explanation of Responses:
(1) The Reporting Person is the General Partner of New Mountain Investments,
L.P. ("NMI"), which is the General Partner of New Mountain Partners, L.P. ("New
Mountain Partners"). New Mountain Partners pursuant to an irrevocable proxy
granted to it on March 16, 2001, was granted the right, along with DB Capital
Investors, L.P., to vote the 8,175,000 shares of common stock, par value $.01
per share, of the Issuer covered by the proxy, subject to certain limitations
set forth in the proxy. As a result, the Reporting Person may be deemed for
purposes of Section 16 of the Securities and Exchange Act of 1934, as amended,
to be a "10 percent holder" hereunder.
NEW MOUNTAIN GP, LLC
By: /s/ Steven B. Klinsky
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Steven B. Klinsky
Member
**Signature of Reporting Person
3/26/01
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Date
** Intentional misstatements or omissions of facts constitute Federal Criminal
Violations.
SEE 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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