Edgar Filing: Tynan Steven J

Ownership Submission

FORM 3

UNITED STATES 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(h) of the Investment Company Act of 1940

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3235-0104

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(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Liberty Street Partners LP

2. Date of Event Requiring Statement (Month/Day/Year)
08/08/2005

3. Issuer Name and Ticker or Trading Symbol
James River Group, INC [JRVR]

(Last)

(First)

(Middle)

20 LIBERTY STREET,Â PO BOX 388

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

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

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

(Street)

CHESTER,Â CTÂ 06412

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 Beneficially Owned

1.Title of Security
(Instr. 4)

2. Amount of Securities Beneficially Owned
(Instr. 4)

3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)

4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.			SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security		6. Nature of Indirect Beneficial Ownership (Instr. 5)
Series A Convertible Preferred Stock	Â ⁽⁶⁾	Â ⁽⁶⁾	Common Stock	7,120 ⁽¹⁾ ⁽²⁾ ⁽³⁾	$ ⁽¹⁾	D	Â
Series B Convertible Preferred Stock	Â ⁽⁶⁾	Â ⁽⁶⁾	Common Stock	400 ⁽¹⁾ ⁽²⁾ ⁽³⁾	$ ⁽¹⁾	D	Â
Series B Convertible Preferred Stock	Â ⁽⁶⁾	Â ⁽⁶⁾	Common Stock	167,758 ⁽¹⁾ ⁽³⁾ ⁽⁴⁾	$ ⁽¹⁾	I	By HRWCP 1, L.P.
Series B Convertible Preferred Stock	Â ⁽⁶⁾	Â ⁽⁶⁾	Common Stock	25,000 ⁽¹⁾ ⁽³⁾ ⁽⁵⁾	$ ⁽¹⁾	I	By High Ridge Capital Partners II, L.P.

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Liberty Street Partners LP 20 LIBERTY STREET PO BOX 388 CHESTER,Â CTÂ 06412	Â	Â X	Â	Â
Liberty Street Corp 20 LIBERTY STREET PO BOX 388 CHESTER,Â CTÂ 06412	Â	Â X	Â	Â
Tynan Lois C/O LIBERTY STREET CORP 20 LIBERTY STREET, PO BOX 388 CHESTER,Â CTÂ 06412	Â	Â X	Â	Â
Tynan Steven J C/O LIBERTY STREET CORP 20 LIBERTY STREET, PO BOX 388 CHESTER,Â CTÂ 06412	Â	Â X	Â	Â

Signatures

/s/ Steven J. Tynan, President of General Partner		08/08/2005
^**Signature of Reporting Person		Date
/s/ Steven J. Tynan, President		08/08/2005
^**Signature of Reporting Person		Date
/s/ Lois Tynan		08/08/2005
^**Signature of Reporting Person		Date
/s/ Steven J. Tynan		08/08/2005
^**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 5(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)	Does not reflect accrued or unpaid dividends payable in Common Stock or a 10-for-1 stock split to be effective prior to the closing of the issuer's initial public offering.
(2)	These shares are owned directly by Liberty Street Partners L.P. and owned indirectly by Liberty Street Corp., Steven J. Tynan and Lois Tynan.
(3)	Each reporting person disclaims beneficial ownership of the reported securities except to the extent of its pro rata pecuniary interest therein.
(4)	These shares are owned directly by HRWCP 1, L.P. and owned indirectly by Liberty Street Partners L.P., Liberty Street Corp., Steven J.Tynan and Lois Tynan.
(5)	These shares are owned directly by High Ridge Capital Partners II, L.P. and owned indirectly by Liberty Street Partners L.P., Liberty Street Corp., Steven J.Tynan and Lois Tynan.
(6)	All of the issuer's Series A Convertible Preferred Stock and Series B Convertible Preferred Stock will be converted into Common Stock immediately prior to the closing of the issuer's initial public offering.
Â Remarks: ExhibitÂ List ExhibitÂ 99.1-Â JointÂ FilerÂ Information ExhibitÂ 99.2-Â JointÂ FilerÂ Information ExhibitÂ 99.3-Â JointÂ FilerÂ Information

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