[SCHEDULE 13G] J.Jill, Inc. SEC Filing
Fund 1 Investments, LLC filed a Schedule 13G reporting beneficial ownership of 936,248 shares of J.Jill, Inc. common stock, representing 6.13% of the outstanding shares based on 15,283,043 shares outstanding. The filing states all reported shares are held for private investment vehicles advised by Pleasant Lake Partners LLC, for which Fund 1 Investments, LLC serves as managing member and Jonathan Lennon is managing member. The filer disclaims beneficial ownership except to the extent of pecuniary interest. PLP Funds Master Fund LP is identified as having rights to dividends or proceeds exceeding 5%.
Fund 1 Investments, LLC ha presentato un Schedule 13G segnalando la titolarità beneficiaria di 936.248 azioni ordinarie di J.Jill, Inc., pari al 6,13% delle azioni in circolazione su un totale di 15.283.043 azioni. La comunicazione indica che tutte le azioni segnalate sono detenute per veicoli di investimento privati consigliati da Pleasant Lake Partners LLC, di cui Fund 1 Investments, LLC è membro gestore e Jonathan Lennon è membro amministratore. Il dichiarante rinuncia alla titolarità beneficiaria salvo nella misura di un interesse pecuniario. PLP Funds Master Fund LP è identificato come avente diritti a dividendi o proventi superiori al 5%.
Fund 1 Investments, LLC presentó un Schedule 13G informando la propiedad beneficiaria de 936.248 acciones ordinarias de J.Jill, Inc., que representan el 6,13% de las acciones en circulación sobre un total de 15.283.043 acciones. La presentación indica que todas las acciones reportadas están en poder de vehÃculos de inversión privados asesorados por Pleasant Lake Partners LLC, de los cuales Fund 1 Investments, LLC actúa como miembro gerente y Jonathan Lennon es miembro administrador. El declarante renuncia a la propiedad beneficiaria salvo en la medida de un interés pecuniario. PLP Funds Master Fund LP se identifica como titular de derechos a dividendos o rendimientos superiores al 5%.
Fund 1 Investments, LLCëŠ� Schedule 13Gë¥� ì œì¶œí•˜ì—¬ J.Jill, Inc. 보통ì£� 936,248ì£�(ì´� ë°œí–‰ì£¼ì‹ 15,283,043ì£� 기준 6.13%)ì—� 대í•� 실질ì � ì†Œìœ ë¥� ë³´ê³ í–ˆìŠµë‹ˆë‹¤. ì œì¶œì„œì—ëŠ� ë³´ê³ ë� ëª¨ë“ ì£¼ì‹ì� Pleasant Lake Partners LLCê°€ ìžë¬¸í•˜ëŠ” 사모 íˆ¬ìž ê¸°êµ¬ë¥� 위해 ë³´ìœ ë˜ê³ 있으ë©� Fund 1 Investments, LLCê°€ ê´€ë¦� 멤버ë¡�, Jonathan Lennonì� ê´€ë¦� 멤버ë¡� ì—í• ì� í•˜ê³ ìžˆë‹¤ê³� 명시ë˜ì–´ 있습니다. ì œì¶œì¸ì€ ê¸ˆì „ì � ì´ìµì� 미치ëŠ� 범위ë¥� ì œì™¸í•˜ê³ ëŠ� 실질ì � ì†Œìœ ë¥� ë¶€ì¸í•©ë‹ˆë‹¤. PLP Funds Master Fund LPëŠ� 5%ë¥� 초과하는 배당ê¸� ë˜ëŠ” 수ìµì—� 대í•� 권리ë¥� ê°€ì§� 것으ë¡� ì‹ë³„ë©ë‹ˆë‹�.
Fund 1 Investments, LLC a déposé un Schedule 13G déclarant la propriété bénéficiaire de 936 248 actions ordinaires de J.Jill, Inc., représentant 6,13% des actions en circulation sur un total de 15 283 043 actions. Le dépôt indique que toutes les actions déclarées sont détenues pour des véhicules d'investissement privés conseillés par Pleasant Lake Partners LLC, pour lesquels Fund 1 Investments, LLC agit en tant que membre gestionnaire et Jonathan Lennon est membre gestionnaire. Le déclarant décline la propriété bénéficiaire sauf dans la mesure d'un intérêt pécuniaire. PLP Funds Master Fund LP est identifié comme ayant des droits à des dividendes ou produits supérieurs à 5 %.
Fund 1 Investments, LLC reichte ein Schedule 13G ein und meldete die wirtschaftliche Beteiligung an 936.248 Stammaktien von J.Jill, Inc., was 6,13% der ausstehenden Aktien bei insgesamt 15.283.043 Aktien entspricht. Die Einreichung gibt an, dass alle gemeldeten Aktien für private Investmentvehikel gehalten werden, die von Pleasant Lake Partners LLC beraten werden; Fund 1 Investments, LLC fungiert als geschäftsführendes Mitglied und Jonathan Lennon ist geschäftsführendes Mitglied. Der Melder weist die wirtschaftliche Eigentümerschaft mit Ausnahme eines geldwerten Interesses zurück. PLP Funds Master Fund LP wird als Inhaber von Dividenden- oder Erlösrechten von über 5% bezeichnet.
- Disclosure of position size: The filing clearly states ownership of 936,248 shares (6.13%), improving transparency for investors.
- Passive holder certification: The filer certified shares were acquired and are held in the ordinary course and not to influence control.
- Shared voting power: All reported shares are under shared voting/dispositive power, which may reduce clarity about actual control by the filer.
- Concentration risk: A single investment adviser-linked group holds over 6% of outstanding stock, which is material for a small-cap issuer.
Insights
TL;DR: A passive stake of 6.13% by an investment vehicle signals a meaningful minority position but appears filed under passive Schedule 13G.
The filing reports a non-control position of 936,248 shares, held through private vehicles advised by Pleasant Lake Partners LLC. Ownership is shared voting and dispositive power, and the filer disclaims active beneficial ownership beyond pecuniary interest. Because the filer certified the holdings were acquired in the ordinary course and not to influence control, this is a passive disclosure rather than an activist move. Materiality is limited to the percentage stake and any potential future disclosures if the position grows.
TL;DR: The Schedule 13G indicates passive investment; no governance changes or control assertions are claimed.
The document clarifies voting and disposition are shared, and the filer expressly disclaims intent to influence control. Identification of PLP Funds Master Fund LP as a person with rights to dividends/proceeds above 5% is important for transparency. Absent additional agreements or concerted action statements, there is no immediate governance implication from this filing alone.
Fund 1 Investments, LLC ha presentato un Schedule 13G segnalando la titolarità beneficiaria di 936.248 azioni ordinarie di J.Jill, Inc., pari al 6,13% delle azioni in circolazione su un totale di 15.283.043 azioni. La comunicazione indica che tutte le azioni segnalate sono detenute per veicoli di investimento privati consigliati da Pleasant Lake Partners LLC, di cui Fund 1 Investments, LLC è membro gestore e Jonathan Lennon è membro amministratore. Il dichiarante rinuncia alla titolarità beneficiaria salvo nella misura di un interesse pecuniario. PLP Funds Master Fund LP è identificato come avente diritti a dividendi o proventi superiori al 5%.
Fund 1 Investments, LLC presentó un Schedule 13G informando la propiedad beneficiaria de 936.248 acciones ordinarias de J.Jill, Inc., que representan el 6,13% de las acciones en circulación sobre un total de 15.283.043 acciones. La presentación indica que todas las acciones reportadas están en poder de vehÃculos de inversión privados asesorados por Pleasant Lake Partners LLC, de los cuales Fund 1 Investments, LLC actúa como miembro gerente y Jonathan Lennon es miembro administrador. El declarante renuncia a la propiedad beneficiaria salvo en la medida de un interés pecuniario. PLP Funds Master Fund LP se identifica como titular de derechos a dividendos o rendimientos superiores al 5%.
Fund 1 Investments, LLCëŠ� Schedule 13Gë¥� ì œì¶œí•˜ì—¬ J.Jill, Inc. 보통ì£� 936,248ì£�(ì´� ë°œí–‰ì£¼ì‹ 15,283,043ì£� 기준 6.13%)ì—� 대í•� 실질ì � ì†Œìœ ë¥� ë³´ê³ í–ˆìŠµë‹ˆë‹¤. ì œì¶œì„œì—ëŠ� ë³´ê³ ë� ëª¨ë“ ì£¼ì‹ì� Pleasant Lake Partners LLCê°€ ìžë¬¸í•˜ëŠ” 사모 íˆ¬ìž ê¸°êµ¬ë¥� 위해 ë³´ìœ ë˜ê³ 있으ë©� Fund 1 Investments, LLCê°€ ê´€ë¦� 멤버ë¡�, Jonathan Lennonì� ê´€ë¦� 멤버ë¡� ì—í• ì� í•˜ê³ ìžˆë‹¤ê³� 명시ë˜ì–´ 있습니다. ì œì¶œì¸ì€ ê¸ˆì „ì � ì´ìµì� 미치ëŠ� 범위ë¥� ì œì™¸í•˜ê³ ëŠ� 실질ì � ì†Œìœ ë¥� ë¶€ì¸í•©ë‹ˆë‹¤. PLP Funds Master Fund LPëŠ� 5%ë¥� 초과하는 배당ê¸� ë˜ëŠ” 수ìµì—� 대í•� 권리ë¥� ê°€ì§� 것으ë¡� ì‹ë³„ë©ë‹ˆë‹�.
Fund 1 Investments, LLC a déposé un Schedule 13G déclarant la propriété bénéficiaire de 936 248 actions ordinaires de J.Jill, Inc., représentant 6,13% des actions en circulation sur un total de 15 283 043 actions. Le dépôt indique que toutes les actions déclarées sont détenues pour des véhicules d'investissement privés conseillés par Pleasant Lake Partners LLC, pour lesquels Fund 1 Investments, LLC agit en tant que membre gestionnaire et Jonathan Lennon est membre gestionnaire. Le déclarant décline la propriété bénéficiaire sauf dans la mesure d'un intérêt pécuniaire. PLP Funds Master Fund LP est identifié comme ayant des droits à des dividendes ou produits supérieurs à 5 %.
Fund 1 Investments, LLC reichte ein Schedule 13G ein und meldete die wirtschaftliche Beteiligung an 936.248 Stammaktien von J.Jill, Inc., was 6,13% der ausstehenden Aktien bei insgesamt 15.283.043 Aktien entspricht. Die Einreichung gibt an, dass alle gemeldeten Aktien für private Investmentvehikel gehalten werden, die von Pleasant Lake Partners LLC beraten werden; Fund 1 Investments, LLC fungiert als geschäftsführendes Mitglied und Jonathan Lennon ist geschäftsführendes Mitglied. Der Melder weist die wirtschaftliche Eigentümerschaft mit Ausnahme eines geldwerten Interesses zurück. PLP Funds Master Fund LP wird als Inhaber von Dividenden- oder Erlösrechten von über 5% bezeichnet.