13F-HR 1 blum13f1208.txt FORM 13F FOR THE PERIOD ENDED DECEMBER 31, 2008 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2008 Check here if Amendment [ ]; Amendment Number: This Amendment: [ ] is a restatement [ ] adds new holdings entries Institutional Investment Manager Filing this Report: Name: Blum Capital Partners, L.P. Address: 909 Montgomery Street, Suite 400 San Francisco, CA 94133 File 13F File Number: 28-4768 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, and all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Gregory D. Hitchan Title: Partner, Chief Operating Officer, General Counsel and Secretary Phone: (415) 434-1111 Signature, Place, and Date of Signing: /s/ Gregory D. Hitchan San Francisco, California February 17, 2009 Report Type: [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: NONE * * * * * FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 18 Form 13F Information Table Value Total: $1,409,964 List of Other Included Managers: NONE * * * * * FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- AMERICAN REPROGRAPHICS COMPANY COM 029263100 14246 2064601 SH SOLE 2064601 AVID TECHNOLOGY, INC. COM 05367P100 88794 8138771 SH SOLE 8138771 CAREER EDUCATION CORP. COM 141665109 285231 15899182 SH SOLE 15899182 CB RICHARD ELLIS GROUP, INC. COM 12497T101 164513 38081776 SH SOLE 38081776 COLLECTIVE BRANDS, INC. COM 19421W100 35716 3047446 SH SOLE 3047446 ECHOSTAR CORPORATION COM 278768106 27398 1842500 SH SOLE 1842500 ELECTRONICS FOR IMAGING, INC. COM 286082102 45306 4739156 SH SOLE 4739156 ERESEARCH TECHNOLOGY, INC. COM 29481V108 47707 7195619 SH SOLE 7195619 FIRST AMERICAN CORP. COM 318522307 101946 3528776 SH SOLE 3528776 ITT EDUCATIONAL SERVICES INC. COM 45068B109 314734 3313686 SH SOLE 3313686 KINETIC CONCEPTS, INC. COM 49460W208 107800 5620409 SH SOLE 5620409 MACROVISION SOLUTIONS CORP. COM 55611C108 30622 2420677 SH SOLE 2420677 MONEYGRAM INTERNATIONAL, INC. COM 60935Y109 18015 17661738 SH SOLE 17661738 PRG-SCHULTZ INTERNATIONAL, INC. COM 69357C503 18504 4535530 SH SOLE 4535530 SBA COMMUNICATIONS CORP. COM 78388J106 33660 2062500 SH SOLE 2062500 SEI INVESTMENTS COMPANY COM 784117103 23323 1484600 SH SOLE 1484600 SYMMETRY MEDICAL, INC. COM 871546206 22078 2770104 SH SOLE 2770104 WILLIAMS SONOMA, INC. COM 969904101 30371 3864055 SH SOLE 3864055