Edgar Filing: General Maritime Corp / MI

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

OMB APPROVAL

OMB Number:

3235-0104

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

Â Oaktree Capital Group Holdings GP, LLC

2. Date of Event Requiring Statement (Month/Day/Year)
05/06/2011

3. Issuer Name and Ticker or Trading Symbol
General Maritime Corp / MI [GMR]

(Last)

(First)

(Middle)

C/O OAKTREE CAPITAL MANAGEMENT, L.P.,Â 333 SOUTH GRAND AVENUE, 28TH FLOOR

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)

LOS ANGELES,Â CAÂ 90071

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)
	Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants (right to buy)	Â ⁽¹⁾	05/06/2018	Common Stock	23,091,811	$ 0.01	I	By OCM Marine Investments CTB, Ltd. ⁽²⁾ ⁽³⁾ ⁽⁴⁾ ⁽⁵⁾ ⁽⁶⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Oaktree Capital Group Holdings GP, LLC C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES,Â CAÂ 90071	Â	Â X	Â	Â
Oaktree Capital Group Holdings, L.P. C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES,Â CAÂ 90071	Â	Â X	Â	Â
Oaktree Capital Group, LLC C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES,Â CAÂ 90071	Â	Â X	Â	Â
OAKTREE HOLDINGS, LLC C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES,Â CAÂ 90071	Â	Â X	Â	Â
OCM HOLDINGS I, LLC C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES,Â CAÂ 90071	Â	Â X	Â	Â
Oaktree Capital I, L.P. C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES,Â CAÂ 90071	Â	Â X	Â	Â
OAKTREE FUND GP I, L.P. C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES,Â CAÂ 90071	Â	Â X	Â	Â
Oaktree Holdings, Inc. C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES,Â CAÂ 90071	Â	Â X	Â	Â
OAKTREE CAPITAL MANAGEMENT LP C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES,Â CAÂ 90071	Â	Â X	Â	Â
Oaktree Principal Fund V GP Ltd. C/O OAKTREE CAPITAL MANAGEMENT, L.P. 333 SOUTH GRAND AVENUE, 28TH FLOOR LOS ANGELES,Â CAÂ 90071	Â	Â X	Â	Â

Signatures

OAKTREE CAPITAL GROUP HOLDINGS GP, LLC By: /s/ Todd Molz Name: Todd Molz Title: Managing Director and General Counsel By: /s/ Martin Boskovich Name: Martin Boskovich Title: Senior Vice President		05/06/2011
^**Signature of Reporting Person		Date
OAKTREE CAPITAL GROUP HOLDINGS, L.P. By: Oaktree Capital Group Holdings GP, LLC Its: GP By: /s/ Todd Molz Name: Todd Molz Title: Managing Director and General Counsel By: /s/ Martin Boskovich Name: Martin Boskovich Title: Senior VP		05/06/2011
^**Signature of Reporting Person		Date
OAKTREE CAPITAL GROUP, LLC By: /s/ Todd Molz Name: Todd Molz Title: Managing Director, General Counsel and Secretary By: /s/ Martin Boskovich Name: Martin Boskovich Title: Senior Vice President		05/06/2011
^**Signature of Reporting Person		Date
OAKTREE HOLDINGS, LLC By: Oaktree Capital Group, LLC Its: Managing Member By: /s/ Todd Molz Name: Todd Molz Title: Managing Director, General Counsel and Secretary By: /s/ Martin Boskovich Name: Martin Boskovich Title: Senior Vice President		05/06/2011
^**Signature of Reporting Person		Date
OCM HOLDINGS I, LLC By: /s/ Todd Molz Name: Todd Molz Title: Managing Director, General Counsel By: /s/ Martin Boskovich Name: Martin Boskovich Title: Senior Vice President		05/06/2011
^**Signature of Reporting Person		Date
OAKTREE CAPITAL I, L.P. By: /s/ Todd Molz Name: Todd Molz Title: Managing Director, General Counsel and Secretary By: /s/ Martin Boskovich Name: Martin Boskovich Title: Senior Vice President		05/06/2011
^**Signature of Reporting Person		Date
OAKTREE FUND GP I, L.P. By: /s/ Todd Molz Name: Todd Molz Title: Authorized Signatory By: /s/ Martin Boskovich Name: Martin Boskovich Title: Authorized Signatory		05/06/2011
^**Signature of Reporting Person		Date
OAKTREE HOLDINGS, INC. By: /s/ Todd Molz Name: Todd Molz Title: Managing Director, General Counsel and Secretary By: /s/ Martin Boskovich Name: Martin Boskovich Title: Senior Vice President		05/06/2011
^**Signature of Reporting Person		Date
OAKTREE CAPITAL MANAGEMENT, L.P. By: /s/ Todd Molz Name: Todd Molz Title: Managing Director and General Counsel By: /s/ Martin Boskovich Name: Martin Boskovich Title: Senior Vice President, Legal		05/06/2011
^**Signature of Reporting Person		Date
OAKTREE PRINCIPAL FUND V GP LTD. By: Oaktree Capital Management, L.P. Its: Director By: /s/ Todd Molz Name: Todd Molz Title: Managing Director and General Counsel By: /s/ Martin Boskovich Name: Martin Boskovich Title: Senior Vice President, Legal		05/06/2011
^**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)	Warrants may be exercised at any time and from time to time prior to the expiration date, May 6, 2018.
(2)	OCM Marine Holdings TP, L.P. ("Marine Holdings") is the sole shareholder of OCM Marine Investments CTB, Ltd. ("Investor"). OCM Marine GP CTB, Ltd. ("Marine Holdings GP") is the general partner of Marine Holdings. Oaktree Principal Fund V, L.P. ("PF5"), Oaktree Principal Fund V (Parallel), L.P. ("PF5 Parallel"), OCM Asia Principal Opportunities Fund, L.P. ("APOF") and Oaktree FF Investment Fund, L.P. - Class A ("FFA") collectively own 100% of the shares of Marine Holdings GP.
(3)	Oaktree Principal Fund V GP, L.P. ("PF5 GP LP") is the general partner of PF5 and PF5 Parallel, OCM Asia Principal Opportunities Fund GP, L.P. ("APOF GP LP") is the general partner of APOF and Oaktree FF Investment Fund GP, L.P. ("FFA GP LP") is the general partner of FFA. Oaktree Principal Fund V GP Ltd. ("PF5 GP Ltd") is the general partner of PF5 GP LP, OCM Asia Principal Opportunities Fund GP Ltd. ("APOF GP Ltd") is the general partner of APOF GP LP and Oaktree FF Investment Fund GP Ltd. ("FFA GP Ltd") is the general partner of FFA GP Ltd.
(4)	Oaktree Fund GP I, L.P. is the sole shareholder of PF5 GP Ltd, FFA GP Ltd and APOF GP Ltd. Oaktree Capital I, L.P. is the general partner of Oaktree Fund GP I, L.P. OCM Holdings I, LLC is the general partner of Oaktree Capital I, L.P. Oaktree Holdings, LLC is the managing member of OCM Holdings I, LLC. Oaktree Capital Management, L.P. ("Oaktree") is the director of Investor, Marine Holdings GP, PF5 GP Ltd, FFA GP Ltd and APOF GP Ltd and is the investment manager of PF5, PF5 Parallel, APOF and FFA.
(5)	Oaktree Holdings, Inc. ("Oaktree GP") is the general partner of Oaktree. Oaktree Capital Group, LLC ("OCG") is the managing member of Oaktree Holdings, LLC and the sole shareholder of Oaktree GP. Oaktree Capital Group Holdings, L.P. ("OCGH") controls OCG. Oaktree Capital Group Holdings GP, LLC ("OCGH GP") is the general partner of OCGH. OCGH GP is managed by Howard S. Marks, Bruce A. Karsh, Sheldon M. Stone, Larry W. Keele, Stephen A. Kaplan, John B. Frank, David Kirchheimer, and Kevin L. Clayton.
(6)	By virtue of the ownership structure described above, each of Marine Holdings, Marine Holdings GP, PF5, PF5 Parallel, APOF, FFA, PF5 GP LP, FFA GP LP, APOF GP LP, PF5 GP Ltd, FFA GP Ltd, APOF GP Ltd, Oaktree Fund GP I, L.P., Oaktree Capital I, L.P., OCM Holdings I, LLC, Oaktree Holdings, LLC, Oaktree, Oaktree GP, OCG, OCGH, OCGH GP, Howard S. Marks, Bruce A. Karsh, Sheldon M. Stone, Larry W. Keele, Stephen A. Kaplan, John B. Frank, David Kirchheimer and Kevin L. Clayton (collectively, the "Oaktree Group") may be deemed to have indirect beneficial ownership of the warrants held directly by Investor. Each person in the Oaktree Group expressly disclaims beneficial ownership of the warrants held directly by Investor, except to the extent of their respective pecuniary interests therein.
Â Remarks: ThisÂ FormÂ 3Â isÂ beingÂ filedÂ inÂ threeÂ partsÂ dueÂ toÂ theÂ largeÂ numberÂ ofÂ reportingÂ persons.Â ThisÂ filingÂ isÂ beingÂ filedÂ byÂ OaktreeÂ CapitalÂ GroupÂ HoldingsÂ GP,Â LLC,Â OaktreeÂ CapitalÂ GroupÂ Holdings,Â L.P.,Â OaktreeÂ CapitalÂ Group,Â LLC,Â OaktreeÂ Holdings,Â LLC,Â OCMÂ HoldingsÂ I,Â LLC,Â OaktreeÂ CapitalÂ I,Â L.P.,Â OaktreeÂ FundÂ GPÂ I,Â L.P.,Â OaktreeÂ Holdings,Â Inc,Â OaktreeÂ CapitalÂ Management,Â L.P.Â andÂ OaktreeÂ PrincipalÂ FundÂ VÂ GPÂ Ltd.Â AccompanyingÂ filingsÂ areÂ beingÂ filed,Â onÂ theÂ dateÂ hereof,Â byÂ OCMÂ MarineÂ HoldingsÂ TP,Â L.P.,Â OCMÂ MarineÂ GPÂ CTB,Â Ltd.,Â OaktreeÂ PrincipalÂ FundÂ V,Â L.P.,Â OaktreeÂ PrincipalÂ FundÂ VÂ GP,Â L.P.,Â OaktreeÂ PrincipalÂ FundÂ VÂ (Parallel),Â L.P.,Â OaktreeÂ FFÂ InvestmentÂ Fund,Â L.P.Â -Â ClassÂ A,Â OaktreeÂ FFÂ InvestmentÂ FundÂ GP,Â L.P.,Â OaktreeÂ FFÂ InvestmentÂ FundÂ GPÂ Ltd.,Â OCMÂ AsiaÂ PrincipalÂ OpportunitiesÂ Fund,Â L.P.,Â OCMÂ MarineÂ InvestmentsÂ CTB,Â Ltd,Â OCMÂ AsiaÂ PrincipalÂ OpportunitiesÂ FundÂ GP,Â L.P.Â andÂ OCMÂ AsiaÂ PrincipalÂ OpportunitiesÂ FundÂ GPÂ Ltd.Â AllÂ filingsÂ relateÂ toÂ theÂ sameÂ holdingsÂ describedÂ above.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.