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Published on 10/31/2008 in the Prospect News Special Situations Daily.

Steadfast Capital reports 5.38% stake in Assisted Living Concepts

By E. Janene Geiss

Philadelphia, Oct. 31 - Robert S. Pitts Jr. and Steadfast Capital Management reported an investment of 5.38% in Assisted Living Concepts, Inc. as of Oct. 29, according to an SC 13G filing with the Securities and Exchange Commission.

The passive stake represents 2,834,470 shares.

Assisted Living is a Menomonee Falls, Wis.-based operator of assisted living residences for the senior living industry.


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