UNITED STATES

 

 

SECURITIES AND EXCHANGE COMMISSION

 

 

Washington, D.C. 20549

 

 

 

 

SCHEDULE 13G

 

Under the Securities Exchange Act of 1934*
(Rule 13d-102)

 

(Amendment No.     )

 

BODY CENTRAL CORP.

(Name of Issuer)

COMMON STOCK, $0.001 PAR VALUE PER SHARE

(Title of Class of Securities)

09689U102

(CUSIP Number)

December 31, 2010

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o

Rule 13d-1(b)

o

Rule 13d-1(c)

x

Rule 13d-1(d)

 


*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).

 



 

 

1.

Names of Reporting Persons
PineBridge Investments LLC

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
2,497,413

 

6.

Shared Voting Power
-0-

 

7.

Sole Dispositive Power
2,497,413

 

8.

Shared Dispositive Power
-0-

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,497,413

 

 

10.

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row 9
16.2*

 

 

12.

Type of Reporting Person
IA

 

2



 

 

1.

Names of Reporting Persons
PineBridge Vantage Partners, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
1,949,904

 

6.

Shared Voting Power
-0-

 

7.

Sole Dispositive Power
1,949,904

 

8.

Shared Dispositive Power
-0-

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
1,949,904

 

 

10.

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row 9
12.7*

 

 

12.

Type of Reporting Person
PN

 

3



 

 

1.

Names of Reporting Persons
PineBridge PEP III Direct, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
48,027

 

6.

Shared Voting Power
-0-

 

7.

Sole Dispositive Power
48,027

 

8.

Shared Dispositive Power
-0-

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
48,027

 

 

10.

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row 9
0.3*

 

 

12.

Type of Reporting Person
PN

 

4



 

 

1.

Names of Reporting Persons
PineBridge PEP IV Co-Investment, L.P.

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Delaware

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
384,217

 

6.

Shared Voting Power
-0-

 

7.

Sole Dispositive Power
384,217

 

8.

Shared Dispositive Power
-0-

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
384,217

 

 

10.

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row 9
2.5*

 

 

12.

Type of Reporting Person
PN

 

5



 

 

1.

Names of Reporting Persons
American International Group, Inc. Retirement Plan Master Trust

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
Massachusetts

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
115,265

 

6.

Shared Voting Power
-0-

 

7.

Sole Dispositive Power
115,265

 

8.

Shared Dispositive Power
-0-

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
115,265

 

 

10.

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row 9
0.7*

 

 

12.

Type of Reporting Person
EP

 

6



 

 

1.

Names of Reporting Persons
Scott Gallin**

 

 

2.

Check the Appropriate Box if a Member of a Group

 

 

(a)

o

 

 

(b)

x

 

 

3.

SEC Use Only

 

 

4.

Citizenship or Place of Organization
United States

 

 

 

Number of
Shares
Beneficially
Owned by
Each
Reporting
Person With

5.

Sole Voting Power
-0-

 

6.

Shared Voting Power
2,497,413

 

7.

Sole Dispositive Power
-0-

 

8.

Shared Dispositive Power
2,497,413

 

 

9.

Aggregate Amount Beneficially Owned by Each Reporting Person
2,497,413

 

 

10.

Check box if the Aggregate Amount in Row (9) Excludes Certain Shares  o

 

 

11.

Percent of Class Represented by Amount in Row 9
16.2*

 

 

12.

Type of Reporting Person
IN

 


* The percentage of class is calculated based on the number of outstanding shares of common stock as of November 19, 2010 as reported in the Issuer’s latest quarterly report on Form 10-Q, 15,405,677 shares.

 

** Mr. Gallin disclaims any beneficial ownership of the shares.

 

7



 

Item 1(a).

Name of Issuer:
Body Central Corp.

Item 1(b).

Address of Issuer’s Principal Executive Offices:
6225 Powers Avenue
Jacksonville, FL 32217

 

Item 2(a).

Name of Persons Filing:
This statement is being filed by the following persons with respect to the shares of common stock (“Common Stock”) of the Issuer directly owned by PineBridge Vantage Partners, L.P. (“PineBridge Vantage”), PineBridge PEP III Direct, L.P. (“PineBridge PEP III”), PineBridge PEP IV Co-Investment, L.P. (“PineBridge PEP IV”), American International Group, Inc. Retirement Plan Master Trust (“AIG Trust” and together with PineBridge Vantage, PineBridge PEP III and PineBridge IV, the “Funds”):

 

 

 

 

(i)

PineBridge Investments LLC (“PineBridge Investments”), a Delaware limited liability company and investment manager of each of the Funds;

 

 

 

 

(ii)

PineBridge Vantage, a Delaware limited partnership;

 

 

 

 

(iii)

PineBridge PEP III, a Delaware limited partnership;

 

 

 

 

(iv)

PineBridge PEP IV, a Delaware limited partnership;

 

 

 

 

(v)

AIG Trust, a trust formed under the laws of the Commonwealth of Massachusetts; and

 

 

 

 

(vi)

Scott Gallin, a managing director of PineBridge Investments.

 

 

 

Item 2(b).

Address of Principal Business Office or, if none, Residence:
399 Park Avenue,
4th Floor

New York, NY 10022

Item 2(c).

Citizenship:
PineBridge Investments — Delaware

PineBridge Vantage — Delaware

PineBridge PEP III — Delaware

PineBridge PEP IV— Delaware

AIG Trust — Massachusetts

Scott Gallin — United States

Item 2(d).

Title of Class of Securities:
Common Stock, $0.001 par value per share

Item 2(e).

CUSIP Number:
09689U102

 

Item 3.

 

Not applicable.

 

8



 

Item 4.

Ownership.

 

For PineBridge Investments:

 

(a)

Amount beneficially owned:   

2,497,413 shares of Common Stock

 

(b)

Percent of class:   

16.2%

 

(c)

Number of shares as to which such person has:

 

 

 

(i)

Shared power to vote or to direct the vote:

0

 

 

(ii)

Sole power to vote or to direct the vote:

2,497,413

 

 

(iii)

Shared power to dispose or to direct the disposition of:

0

 

 

(iv)

Sole power to dispose or to direct the disposition of:

2,497,413

 

 

 

For PineBridge Vantage:

 

(a)

Amount beneficially owned:   

1,949,904 shares of Common Stock

 

(b)

Percent of class:   

12.7%

 

(c)

Number of shares as to which such person has:

 

 

 

(i)

Shared power to vote or to direct the vote:

0

 

 

(ii)

Sole power to vote or to direct the vote:

1,949,904

 

 

(iii)

Shared power to dispose or to direct the disposition of:

0

 

 

(iv)

Sole power to dispose or to direct the disposition of:

1,949,904

 

9



 

 

For PineBridge PEP III:

 

(a)

Amount beneficially owned:   

48,027 shares of Common Stock

 

(b)

Percent of class:   

0.3%

 

(c)

Number of shares as to which such person has:

 

 

 

(i)

Shared power to vote or to direct the vote:

0

 

 

(ii)

Sole power to vote or to direct the vote:

48,027

 

 

(iii)

Shared power to dispose or to direct the disposition of:

0

 

 

(iv)

Sole power to dispose or to direct the disposition of:

48,027

 

 

 

For PineBridge PEP IV:

 

(a)

Amount beneficially owned:   

384,217 shares of Common Stock

 

(b)

Percent of class:   

2.5%

 

(c)

Number of shares as to which such person has:

 

 

 

(i)

Shared power to vote or to direct the vote:

0

 

 

(ii)

Sole power to vote or to direct the vote:

384,217

 

 

(iii)

Shared power to dispose or to direct the disposition of:

0

 

 

(iv)

Sole power to dispose or to direct the disposition of:

384,217

 

10



 

 

For AIG Trust:

 

(a)

Amount beneficially owned:   

115,265 shares of Common Stock

 

(b)

Percent of class:   

0.7%

 

(c)

Number of shares as to which such person has:

 

 

 

(i)

Shared power to vote or to direct the vote:

0

 

 

(ii)

Sole power to vote or to direct the vote:

115,265

 

 

(iii)

Shared power to dispose or to direct the disposition of:

0

 

 

(iv)

Sole power to dispose or to direct the disposition of:

115,265

 

 

 

For Mr. Gallin:

 

(a)

Amount beneficially owned:   

2,497,413 shares of Common Stock *

 

(b)

Percent of class:   

16.2%

 

(c)

Number of shares as to which such person has:

 

 

 

(i)

Shared power to vote or to direct the vote:

2,497,413

 

 

(ii)

Sole power to vote or to direct the vote:

0

 

 

(iii)

Shared power to dispose or to direct the disposition of:

2,497,413

 

 

(iv)

Sole power to dispose or to direct the disposition of:

0

 


 

* Mr. Gallin disclaims any beneficial ownership of the shares.

 

Item 5.

Ownership of Five Percent or Less of a Class.

 

Not applicable.

 

Item 6.

Ownership of More than Five Percent on Behalf of Another Person.

 

PineBridge Investments serves as the investment advisor to each of the Funds and beneficially owns 2,497,413 shares of Common Stock directly owned by the Funds. As a managing director of PineBridge Investments, Mr. Gallin may be deemed to beneficially own 2,497,413 shares of Common Stock. Neither filing of Schedule 13G nor any of its contents shall be deemed to constitute an admission that Mr. Gallin is the beneficial owner of the 2,497,413 shares and such beneficial ownership is expressly disclaimed. Each of the Funds disclaims beneficial ownership of the shares held by the other Funds.

 

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.

 

11



 

Item 8.

Identification and Classification of Members of the Group.

 

See Exhibit B attached hereto.

 

Item 9.

Notice of Dissolution of Group.

 

Not applicable.

 

 

Item 10.

Certification.

 

Not applicable.

 

12



 

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: February 14, 2011

 

PineBridge Investments LLC

 

By:

/s/ Scott Gallin

 

 

Name: Scott Gallin

 

 

Title: Managing Director

 

 

 

 

PineBridge Vantage Partners, L.P.

 

By:

PineBridge Vantage Partners GP, L.P.,

 

 

its General Partner

 

By:

PineBridge Vantage Partners, LLC,

 

 

its General Partner

 

By:

PineBridge Investments LLC,

 

 

its Managing Member

 

By:

/s/ Scott Gallin

 

 

Name: Scott Gallin

 

 

Title: Managing Director

 

 

 

 

PineBridge PEP III Direct, L.P.

 

By:

PineBridge PEP III Direct GP, L.P.,

 

 

its General Partner

 

By:

PineBridge PEP III Direct, LLC,

 

 

its General Partner

 

By:

PineBridge Investments LLC,

 

 

its Managing Member

 

By:

/s/ Scott Gallin

 

 

Name: Scott Gallin

 

 

Title: Managing Director

 

 

 

 

PineBridge PEP IV Co-Investment, L.P.

 

By:

PineBridge PEP IV Co-Investment GP, L.P.,

 

 

its General Partner

 

By:

PineBridge PEP IV Co-Investment GP, LLC,

 

 

its General Partner

 

By:

PineBridge Investments LLC,

 

 

its Managing Member

 

By:

/s/ Scott Gallin

 

 

Name: Scott Gallin

 

 

Title: Managing Director

 

13



 

 

American International Group, Inc. Retirement

 

Plan Master Trust

 

By:

PineBridge Investments LLC,

 

 

the duly authorized investment advisor to the

 

 

American International Group, Inc.

 

 

Retirement Plan Master Trust

 

By:

/s/ Scott Gallin

 

 

Name: Scott Gallin

 

 

Title: Managing Director

 

 

 

 

 

/s/ Scott Gallin

 

Scott Gallin

 

14



 

EXHIBIT INDEX

 

Exhibit A.

 

Joint Filing Agreement

 

 

 

Exhibit B.

 

Members of Group

 

15



 

Exhibit A

 

JOINT FILING AGREEMENT

 

The undersigned acknowledge and agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned and that all subsequent amendments to this statement on Schedule 13G shall be filed on behalf of each of the undersigned without the necessity of filing additional joint filing statements. The undersigned acknowledge that each shall be responsible for the timely filing of such amendments, and for the completeness and accuracy of the information concerning him, her or it contained herein, but shall not be responsible for the completeness and accuracy of the information concerning the other entities or persons, except to the extent that he, she or it knows or has reason to believe such information is inaccurate.

 

 

 

PineBridge Investments LLC

 

By:

/s/ Scott Gallin

 

 

Name: Scott Gallin

 

 

Title: Managing Director

 

 

 

 

PineBridge Vantage Partners, L.P.

 

By:

PineBridge Vantage Partners GP, L.P.,

 

 

its General Partner

 

By:

PineBridge Vantage Partners, LLC,

 

 

its General Partner

 

By:

PineBridge Investments LLC,

 

 

its Managing Member

 

By:

/s/ Scott Gallin

 

 

Name: Scott Gallin

 

 

Title: Managing Director

 

 

 

 

PineBridge PEP III Direct, L.P.

 

By:

PineBridge PEP III Direct GP, L.P.,

 

 

its General Partner

 

By:

PineBridge PEP III Direct, LLC,

 

 

its General Partner

 

By:

PineBridge Investments LLC,

 

 

its Managing Member

 

By:

/s/ Scott Gallin

 

 

Name: Scott Gallin

 

 

Title: Managing Director

 

 

 

 

PineBridge PEP IV Co-Investment, L.P.

 

By:

PineBridge PEP IV Co-Investment GP, L.P.,

 

 

its General Partner

 

By:

PineBridge PEP IV Co-Investment GP, LLC,

 

 

its General Partner

 

By:

PineBridge Investments LLC,

 

 

its Managing Member

 

16



 

 

By:

/s/ Scott Gallin

 

 

Name: Scott Gallin

 

 

Title: Managing Director

 

 

 

 

American International Group, Inc. Retirement

 

Plan Master Trust

 

By:

PineBridge Investments LLC,

 

 

the duly authorized investment advisor to the

 

 

American International Group, Inc.

 

 

Retirement Plan Master Trust

 

By:

/s/ Scott Gallin

 

 

Name: Scott Gallin

 

 

Title: Managing Director

 

 

 

 

 

 

 

/s/ Scott Gallin

 

Scott Gallin

 

17



 

Exhibit B

 

MEMBERS OF GROUP

 

PineBridge Investments LLC

 

PineBridge Vantage Partners, L.P.

 

PineBridge PEP III Direct, L.P.

 

PineBridge PEP IV Co-Investment, L.P.

 

American International Group, Inc. Retirement Plan Master Trust

 

Scott Gallin

 

18