_____________________
| OMB APPROVAL |
|_____________________|
|OMB NUMBER: 3235-0145|
UNITED STATES |EXPIRES: |
SECURITIES AND EXCHANGE COMMISSION | DECEMBER 31, 2005 |
Washington, D.C. 20549 |ESTIMATED AVERAGE |
|BURDEN HOURS |
|PER RESPONSE ...11 |
SCHEDULE 13G |_____________________|
Under the Securities Exchange Act of 1934
(Amendment No. _____)*
MVC Capital, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class and Securities)
553829102
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(CUSIP Number)
January 10, 2005
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(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule
is filed:
[ ] Rule 13d-1(b)
[X] Rule 13d-1(c)
[ ] 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).
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CUSIP No. 553829102 SCHEDULE 13G Page 2 of 5
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(1) NAMES OF REPORTING PERSONS
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (entities only)
MFP Investors LLC
51 John F. Kennedy Parkway, 2nd Floor
Short Hills, NJ 07078
Michael F. Price
51 John F. Kennedy Parkway, 2nd Floor
Short Hills, NJ 07078
Michael F. Price is the controlling person of MFP Investors LLC
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(2) CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
(See Instructions): (a) [ ]
(b) [X]
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(3) SEC USE ONLY
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(4) CITIZENSHIP OR PLACE OF ORGANIZATION
Delaware
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(5) SOLE VOTING POWER
NUMBER OF 999,700
SHARES -------------------------------------------
BENEFICIALLY (6) SHARED VOTING POWER
OWNED BY
EACH -------------------------------------------
REPORTING (7) SOLE DISPOSITIVE POWER
PERSON 999,700
WITH -------------------------------------------
(8) SHARED DISPOSITIVE POWER
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(9) AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
999,700
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(10) CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
(See Instructions) [ ]
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(11) PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
5.279%
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(12) TYPE OF REPORTING PERSON (See Instructions)
OO
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CUSIP No. 553829102 SCHEDULE 13G Page 3 of 5
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Item 1(a). Name of Issuer:
MVC Capital, Inc.
Item 1(b). Address of Issuer's Principal Executive Offices:
Riverview at Purchase
287 Bowman Avenue, 3rd Floor
Purchase, NY 10577
Item 2(a). Name of Persons Filing:
MFP Investors LLC
Item 2(b). Address of Principal Business Office or, if None, Residence:
MFP Investors LLC
51 JFK Parkway, 2nd Floor
Short Hills, NJ 07078
Item 2(c). Citizenship:
Delaware
Item 2(d). Title of Class of Securities:
Common Stock
Item 2(e). CUSIP Number:
553829102
Item 3. If This Statement is Filed Pursuant to Sections 240.13d-1(b) or
240.13d-2(b), Check Whether the Person Filing is a:
(a) [ ] Broker or dealer registered under section 15 of the Act (15
U.S.C. 78o).
(b) [ ] Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c) [ ] Insurance company as defined in section 3(a)(19) of the Act (15
U.S.C. 78c).
(d) [ ] Investment company registered under section 8 of the Investment
Company Act of 1940 (15 U.S.C. 80a-8).
(e) [ ] An investment adviser in accordance with Section
240.13d-1(b)(1)(ii)(E);
(f) [ ] An employee benefit plan or endowment fund in accordance with
Section 240.13d-1(b)(1)(ii)(F);
(g) [ ] A parent holding company or control person in accordance with
Section 240.13d-1(b)(1)(ii)(G);
(h) [ ] A savings associations as defined in Section 3(b) of the Federal
Deposit Insurance Act (12 U.S.C. 1813);
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CUSIP No. 553829102 SCHEDULE 13G Page 4 of 5
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(i) [ ] A church plan that is excluded from the definition of an
investment company under section 3(c)(14) of the Investment
Company Act of 1940 (15 U.S.C. 80a-3);
(j) [ ] Group, in accordance with Section 240.13d-1(b)(1)(ii)(J);
Item 4. Ownership.
As the investment adviser to several clients (none of which owns
more than 5% of the common stock of the issuer), MFP Investors LLC is deemed to
own 999,700 shares (5.279%) of the common stock of the issuer.
Item 5. Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as of the date hereof
the reporting person has ceased to be the beneficial owner of more than five
percent of the class of securities, check the following [ ].
Item 6. Ownership of More than Five Percent on Behalf of Another Person.
N/A
Item 7. Identification and Classification of the Subsidiary Which
Acquired the Security Being Reported on By the Parent Holding
Company or Controlling Person.
N/A
Item 8. Identification and Classification of Members of the Group.
N/A
Item 9. Notice of Dissolution of Group
N/A
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held for
the purpose of or with the effect of changing or influencing the control of the
issuer of the securities and were not acquired and are not held in connection
with or as a participant in any transaction having that purpose or effect.
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CUSIP No. 553829102 SCHEDULE 13G Page 5 of 5
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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.
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Date
MFP Investors LLC
/s/ Michael F. Price
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Signature
Name: Michael F. Price
Title: Managing Member
MICHAEL F. PRICE
/s/ Michael F. Price
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Signature
Name: Michael F. Price