SEC Info - Blum Capital Partners LP - ‘SC 13D/A’ on 4/30/97 re: Playtex Products Inc

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Blum Capital Partners LP – ‘SC 13D/A’ on 4/30/97 re: Playtex Products Inc

As of: Wednesday, 4/30/97 · Accession #: 938775-97-4 · File #: 5-45603

  As Of                Filer                Filing    For·On·As Docs:Size              Issuer

 4/30/97  Blum Capital Partners LP          SC 13D/A               1:39K  Playtex Products Inc

Amendment to General Statement of Beneficial Ownership — Schedule 13D
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SC 13D/A    Amendment to General Statement of Beneficial          19±    74K 
                          Ownership

Document Table of Contents

Page	(sequential)	\|	(alphabetic)	Top
			Alternative Formats (Word, et al.) Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer Identity and Background Interest in Securities of the Issuer Material to be Filed as Exhibits Purpose of Transaction Rcba L.P Security and Issuer Source and Amount of Funds or Other Consideration
1	1st Page - Filing Submission
"	Item 1. Security and Issuer
"	Item 2. Identity and Background
"	Rcba L.P
"	Item 3. Source and Amount of Funds or Other Consideration
"	Item 4. Purpose of Transaction
"	Item 5. Interest in Securities of the Issuer
"	Item 6. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer
"	Item 7. Material to be Filed as Exhibits


UNITED STATES 
SECURITIES AND EXCHANGE COMMISSION  
Washington, D.C. 20549  

SCHEDULE 13D  

Under the Securities Exchange Act of 1934 
(Amendment No. 1)*

PLAYTEX PRODUCTS, INC.
(Name of Issuer)

Common Stock, Par Value $.01
(Title of Class of Securities)

72813P-10-0   
(CUSIP Number)    

Murray A. Indick  
Richard C. Blum & Associates, L.P.  
909 Montgomery Street, Suite 400  
San Francisco, CA 94133   
(415) 434-1111  
(Name, Address and Telephone Number of Person     
Authorized to Receive Notices and Communications)   

April 22, 1997
(Date of Event which Requires Filing of this Statement)   

If the filing person has previously filed a statement on Schedule 13G to        
report the acquisition which is the subject of this Schedule 13D, and is        
filing this schedule because of Rule 13d-1(b)(3) or (4), check the following    
box [ ].                                                                        

NOTE:  Six copies of this statement, including all exhibits, should be filed    
with the Commission.  See Rule 13d-1(a) for other parties to whom copies are    
to be sent.                                                                     

*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       
disclosures provided in a prior cover page.                                     

The information required on 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).                                                                     
Page 1 of 20                                                                    

CUSIP NO. 72813P-10-0            SCHEDULE 13D                     Page 2 of 20  

------------------------------------------------------------------------------  
1.  NAME OF REPORTING PERSON                   STINSON CAPITAL PARTNERS, L.P. 

   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON              94-3432358
------------------------------------------------------------------------------  
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [x]  
                                                                     (b) [x]
------------------------------------------------------------------------------  
3.  SEC USE ONLY                                                              

------------------------------------------------------------------------------  
4.  SOURCE OF FUNDS*                                                       WC 

------------------------------------------------------------------------------  
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                  
   PURSUANT TO ITEMS 2(d) or 2(e)                                        [ ]
------------------------------------------------------------------------------  
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                           California 

------------------------------------------------------------------------------  
                 7.   SOLE VOTING POWER                                -0-

 NUMBER OF       -----------------------------------------------------------
SHARES           8.  SHARED VOTING POWER                           3,360,500**  
BENEFICIALLY                                                              
 OWNED BY EACH   -----------------------------------------------------------
 PERSON WITH      9.  SOLE DISPOSITIVE POWER                             -0-

                 -----------------------------------------------------------
                 10.  SHARED DISPOSITIVE POWER                   3,360,500**

------------------------------------------------------------------------------  
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  3,360,500**  

------------------------------------------------------------------------------  
12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                     
   CERTAIN SHARES                                                        [ ]
------------------------------------------------------------------------------  
13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                 6.6%**  

------------------------------------------------------------------------------  
14.  TYPE OF REPORTING PERSON                                               PN  

------------------------------------------------------------------------------  
** See Item 5 below                                                             

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

CUSIP NO. 72813P-10-0            SCHEDULE 13D                     Page 3 of 20  

------------------------------------------------------------------------------  
1.  NAME OF REPORTING PERSON                STINSON CAPITAL PARTNERS II, L.P. 

   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON              94-3264850
------------------------------------------------------------------------------  
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [x]  
                                                                     (b) [x]
------------------------------------------------------------------------------  
3.  SEC USE ONLY                                                              

------------------------------------------------------------------------------  
4.  SOURCE OF FUNDS*                                                       WC 

------------------------------------------------------------------------------  
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                  
   PURSUANT TO ITEMS 2(d) or 2(e)                                        [ ]
------------------------------------------------------------------------------  
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                           California 

------------------------------------------------------------------------------  
                 7.   SOLE VOTING POWER                                -0-

 NUMBER OF       -----------------------------------------------------------
 SHARES           8.  SHARED VOTING POWER                        3,360,500**
BENEFICIALLY                                                              
 OWNED BY EACH   -----------------------------------------------------------
 PERSON WITH      9.  SOLE DISPOSITIVE POWER                             -0-

                 -----------------------------------------------------------
                 10.  SHARED DISPOSITIVE POWER                   3,360,500**

------------------------------------------------------------------------------  
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  3,360,500**  

------------------------------------------------------------------------------  
12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                     
   CERTAIN SHARES                                                        [ ]
------------------------------------------------------------------------------  
13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                 6.6%**  

------------------------------------------------------------------------------  
14.  TYPE OF REPORTING PERSON                                               PN  

------------------------------------------------------------------------------  
** See Item 5 below                                                             

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

CUSIP NO. 72813P-10-0            SCHEDULE 13D                     Page 4 of 20  

------------------------------------------------------------------------------  
1.  NAME OF REPORTING PERSON                     BK CAPITAL PARTNERS IV, L.P. 

   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON              94-3139027
------------------------------------------------------------------------------  
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                 (a) [x] 
                                                                     (b) [x]
------------------------------------------------------------------------------  
3.  SEC USE ONLY                                                              

------------------------------------------------------------------------------  
4.  SOURCE OF FUNDS*                                                       WC 

------------------------------------------------------------------------------  
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                  
   PURSUANT TO ITEMS 2(d) or 2(e)                                        [ ]
------------------------------------------------------------------------------  
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                           California 

------------------------------------------------------------------------------  
                 7.   SOLE VOTING POWER                                -0-

 NUMBER OF       -----------------------------------------------------------
 SHARES           8.  SHARED VOTING POWER                        3,360,500**
BENEFICIALLY                                                              
 OWNED BY EACH   -----------------------------------------------------------
 PERSON WITH      9.  SOLE DISPOSITIVE POWER                             -0-

                 -----------------------------------------------------------
                 10.  SHARED DISPOSITIVE POWER                   3,360,500**

------------------------------------------------------------------------------  
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  3,360,500**  

------------------------------------------------------------------------------  
12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                     
   CERTAIN SHARES                                                        [ ]
------------------------------------------------------------------------------  
13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                 6.6%**  

------------------------------------------------------------------------------  
14.  TYPE OF REPORTING PERSON                                               PN  

------------------------------------------------------------------------------  
** See Item 5 below                                                             

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

CUSIP NO. 72813P-10-0            SCHEDULE 13D                     Page 5 of 20  

------------------------------------------------------------------------------  
1.  NAME OF REPORTING PERSON                     THE CARPENTERS PENSION TRUST 
                                           FOR SOUTHERN CALIFORNIA

   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON              94-6042875
------------------------------------------------------------------------------  
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [x]  
                                                                     (b) [x]
------------------------------------------------------------------------------  
3.  SEC USE ONLY                                                              

------------------------------------------------------------------------------  
4.  SOURCE OF FUNDS*                                                       WC 

------------------------------------------------------------------------------  
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                  
   PURSUANT TO ITEMS 2(d) or 2(e)                                        [ ]
------------------------------------------------------------------------------  
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                           California 

------------------------------------------------------------------------------  
                 7.   SOLE VOTING POWER                                -0-

 NUMBER OF       -----------------------------------------------------------
 SHARES           8.  SHARED VOTING POWER                        3,360,500**
BENEFICIALLY                                                              
 OWNED BY EACH   -----------------------------------------------------------
 PERSON WITH      9.  SOLE DISPOSITIVE POWER                             -0-

                 -----------------------------------------------------------
                 10.  SHARED DISPOSITIVE POWER                   3,360,500**

------------------------------------------------------------------------------  
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  3,360,500**  

------------------------------------------------------------------------------  
12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                     
   CERTAIN SHARES                                                        [ ]
------------------------------------------------------------------------------  
13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                 6.6%**  

------------------------------------------------------------------------------  
14.  TYPE OF REPORTING PERSON                                               EP  

------------------------------------------------------------------------------  
** See Item 5 below                                                             

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

CUSIP NO. 72813P-10-0            SCHEDULE 13D                     Page 6 of 20  

------------------------------------------------------------------------------  
1.  NAME OF REPORTING PERSON              UNITED BROTHERHOOD OF CARPENTERS    
                                         AND JOINERS OF AMERICA LOCAL UNIONS
                               AND COUNCILS PENSION FUND

   S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON              35-6075035
------------------------------------------------------------------------------  
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [x]  
                                                                     (b) [x]
------------------------------------------------------------------------------  
3.  SEC USE ONLY                                                              

------------------------------------------------------------------------------  
4.  SOURCE OF FUNDS*                                                       WC 

------------------------------------------------------------------------------  
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                  
   PURSUANT TO ITEMS 2(d) or 2(e)                                        [ ]
------------------------------------------------------------------------------  
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                       Washington, DC 

------------------------------------------------------------------------------  
                 7.   SOLE VOTING POWER                                -0-

 NUMBER OF       -----------------------------------------------------------
 SHARES           8.  SHARED VOTING POWER                        3,360,500**
BENEFICIALLY                                                              
 OWNED BY EACH   -----------------------------------------------------------
 PERSON WITH      9.  SOLE DISPOSITIVE POWER                             -0-

                 -----------------------------------------------------------
                 10.  SHARED DISPOSITIVE POWER                   3,360,500**

------------------------------------------------------------------------------  
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  3,360,500**  

------------------------------------------------------------------------------  
12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                     
   CERTAIN SHARES                                                        [ ]
------------------------------------------------------------------------------  
13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                 6.6%**  

------------------------------------------------------------------------------  
14.  TYPE OF REPORTING PERSON                                               EP  

------------------------------------------------------------------------------  
** See Item 5 below                                                             

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

CUSIP NO. 72813P-10-0            SCHEDULE 13D                     Page 7 of 20  

------------------------------------------------------------------------------  
1.  NAME OF REPORTING PERSON                      INSURANCE COMPANY SUPPORTED 
                                                ORGANIZATIONS PENSION PLAN

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON               13-6284703
------------------------------------------------------------------------------  
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [x]  
                                                                     (b) [x]
------------------------------------------------------------------------------  
3.  SEC USE ONLY                                                              

------------------------------------------------------------------------------  
4.  SOURCE OF FUNDS*                                                       WC 

------------------------------------------------------------------------------  
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                  
   PURSUANT TO ITEMS 2(d) or 2(e)                                        [ ]
------------------------------------------------------------------------------  
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                       Washington, DC 

------------------------------------------------------------------------------  
                 7.   SOLE VOTING POWER                                -0-

 NUMBER OF       -----------------------------------------------------------
 SHARES           8.  SHARED VOTING POWER                        3,360,500**
BENEFICIALLY                                                              
 OWNED BY EACH   -----------------------------------------------------------
 PERSON WITH      9.  SOLE DISPOSITIVE POWER                             -0-

                 -----------------------------------------------------------
                 10.  SHARED DISPOSITIVE POWER                   3,360,500**

------------------------------------------------------------------------------  
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  3,360,500**  

------------------------------------------------------------------------------  
12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                     
   CERTAIN SHARES                                                        [ ]
------------------------------------------------------------------------------  
13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                 6.6%**  

------------------------------------------------------------------------------  
14.  TYPE OF REPORTING PERSON                                               EP  

------------------------------------------------------------------------------  
** See Item 5 below                                                             

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

CUSIP NO. 72813P-10-0            SCHEDULE 13D                     Page 8 of 20  

------------------------------------------------------------------------------  
1.  NAME OF REPORTING PERSON               RICHARD C. BLUM & ASSOCIATES, L.P. 

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON               94-3205364
------------------------------------------------------------------------------  
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [x]  
                                                                     (b) [x]
------------------------------------------------------------------------------  
3.  SEC USE ONLY                                                              

------------------------------------------------------------------------------  
4.  SOURCE OF FUNDS*                                           Not Applicable 

------------------------------------------------------------------------------  
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                  
   PURSUANT TO ITEMS 2(d) or 2(e)                                        [ ]
------------------------------------------------------------------------------  
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                           California 

------------------------------------------------------------------------------  
                 7.   SOLE VOTING POWER                                -0-

 NUMBER OF       -----------------------------------------------------------
 SHARES           8.  SHARED VOTING POWER                        3,360,500**
BENEFICIALLY                                                              
 OWNED BY EACH   -----------------------------------------------------------
 PERSON WITH      9.  SOLE DISPOSITIVE POWER                             -0-

                 -----------------------------------------------------------
                 10.  SHARED DISPOSITIVE POWER                   3,360,500**

------------------------------------------------------------------------------  
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  3,360,500**  

------------------------------------------------------------------------------  
12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                     
   CERTAIN SHARES                                                        [ ]
------------------------------------------------------------------------------  
13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                 6.6%**  

------------------------------------------------------------------------------  
14.  TYPE OF REPORTING PERSON                                           PN, IA  

------------------------------------------------------------------------------  
** See Item 5 below                                                             

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

CUSIP NO. 72813P-10-0            SCHEDULE 13D                     Page 9 of 20  

------------------------------------------------------------------------------  
1.  NAME OF REPORTING PERSON               RICHARD C. BLUM & ASSOCIATES, INC. 

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON               94-2967812
------------------------------------------------------------------------------  
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [x]  
                                                                     (b) [x]
------------------------------------------------------------------------------  
3.  SEC USE ONLY                                                              

------------------------------------------------------------------------------  
4.  SOURCE OF FUNDS*                                           Not Applicable 

------------------------------------------------------------------------------  
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                  
   PURSUANT TO ITEMS 2(d) or 2(e)                                        [ ]
------------------------------------------------------------------------------  
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                           California 

------------------------------------------------------------------------------  
                 7.   SOLE VOTING POWER                                -0-

 NUMBER OF       -----------------------------------------------------------
 SHARES           8.  SHARED VOTING POWER                        3,360,500**
BENEFICIALLY                                                              
 OWNED BY EACH   -----------------------------------------------------------
 PERSON WITH      9.  SOLE DISPOSITIVE POWER                             -0-

                 -----------------------------------------------------------
                 10.  SHARED DISPOSITIVE POWER                   3,360,500**

------------------------------------------------------------------------------  
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  3,360,500**  

------------------------------------------------------------------------------  
12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                     
   CERTAIN SHARES                                                        [ ]
------------------------------------------------------------------------------  
13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                 6.6%**  

------------------------------------------------------------------------------  
14.  TYPE OF REPORTING PERSON                                               CO  

------------------------------------------------------------------------------  
** See Item 5 below                                                             

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 10 of 20  

------------------------------------------------------------------------------  
1.  NAME OF REPORTING PERSON                                  RICHARD C. BLUM 

  S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON              556-42-3196
------------------------------------------------------------------------------  
2.  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*                  (a) [x]  
                                                                     (b) [x]
------------------------------------------------------------------------------  
3.  SEC USE ONLY                                                              

------------------------------------------------------------------------------  
4.  SOURCE OF FUNDS*                                           Not Applicable 

------------------------------------------------------------------------------  
5.  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED                  
   PURSUANT TO ITEMS 2(d) or 2(e)                                        [ ]
------------------------------------------------------------------------------  
6.  CITIZENSHIP OR PLACE OF ORGANIZATION                           California 

------------------------------------------------------------------------------  
                 7.   SOLE VOTING POWER                                -0-

 NUMBER OF       -----------------------------------------------------------
 SHARES           8.  SHARED VOTING POWER                        3,360,500**
BENEFICIALLY                                                              
 OWNED BY EACH   -----------------------------------------------------------
 PERSON WITH      9.  SOLE DISPOSITIVE POWER                             -0-

                 -----------------------------------------------------------
                 10.  SHARED DISPOSITIVE POWER                   3,360,500**

------------------------------------------------------------------------------  
11.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  3,360,500**  

------------------------------------------------------------------------------  
12.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES                     
   CERTAIN SHARES                                                        [ ]
------------------------------------------------------------------------------  
13.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)                 6.6%**  

------------------------------------------------------------------------------  
14.  TYPE OF REPORTING PERSON                                               IN  

------------------------------------------------------------------------------  
** See Item 5 below                                                             

*SEE INSTRUCTIONS BEFORE FILLING OUT! 

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 11 of 20  

Item 1.  Security and Issuer                                                    
----------------------------                                                    

This Schedule 13D relates to shares of common stock, par value $.01 (the        
"Common Stock") of Playtex Products, Inc., a Delaware corporation (the          
"Issuer").  The principal executive office and mailing address of the Issuer    
is 300 Nyala Farms Road, Westport, CT 06880.                                    

Item 2.  Identity and Background                                                
--------------------------------                                                

This Schedule 13D is filed on behalf of Stinson Capital Partners, L.P., a       
California limited partnership ("Stinson"); Stinson Capital Partners II, L.P.,  
a California limited partnership ("Stinson II"); BK Capital Partners IV, L.P.,  
a California limited partnership ("BK IV"); the Carpenters Pension Trust for    
Southern California (the "Carpenters Trust"); United Brotherhood of Carpenters  
and Joiners of America Local Unions and Councils Pension Fund ("UBC");          
Insurance Company Supported Organizations Pension Plan ("ICSOPP"); Richard C.   
Blum & Associates, L.P., a California limited partnership ("RCBA L.P.");        
Richard C. Blum & Associates, Inc., a California corporation ("RCBA Inc.");     
and Richard C. Blum, the Chairman and a substantial shareholder of RCBA Inc.    
(collectively, the "Reporting Persons").                                        

Stinson, Stinson II, and BK IV are each a California limited partnership whose  
principal business is investing in securities, and whose principal office is    
located at 909 Montgomery Street, Suite 400, San Francisco, California 94133.   
RCBA L.P. is the sole general partner of Stinson, Stinson II, and BK IV, and    
an investment advisor to the Carpenters Trust, UBC and ICSOPP.                  

RCBA L.P. is a California limited partnership whose principal business is       
acting as general partner for investment partnerships and providing investment  
advisory and financial consulting services.  RCBA L.P. is a registered          
investment adviser with the Securities and Exchange Commission and with the     
State of California.  The sole general partner of RCBA L.P. is RCBA Inc.  The   
principal business office address of RCBA L.P. and RCBA Inc. is 909 Montgomery  
Street, Suite 400, San Francisco, California 94133.  The names of the           
executive officers and directors of RCBA Inc., their addresses, citizenship     
and principal occupations are as follows:                                       

Name and              Business                 Citizen-   Principal Occupation  
Office Held           Address                  ship       or Employment         
--------------------  -----------------------  ---------  --------------------  

Richard C. Blum       909 Montgomery St.       USA        President & Chairman  
President, Chairman   Suite 400                           RCBA L.P.             
and Director          San Francisco, CA 94133                                   

Nils Colin Lind       909 Montgomery St.       Norway     Managing Director     
Managing Director     Suite 400                           RCBA L.P.             
and Director          San Francisco, CA 94133                                   

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 12 of 20  

Name and              Business                 Citizen-   Principal Occupation  
Office Held           Address                  ship       or Employment         
--------------------  -----------------------  ---------  --------------------  

Jeffrey W. Ubben      909 Montgomery St.       USA        Managing Director     
Managing Director     Suite 400                           of Investments,       
of Investments        San Francisco, CA 94133             RCBA L.P.             

George F. Hamel, Jr.  909 Montgomery St.       USA        Managing Director     
Managing Director     Suite 400                           of Marketing,         
of Marketing          San Francisco, CA 94133             RCBA L.P.             

Marc T. Scholvinck    909 Montgomery St.       USA        Managing Director     
Managing Director     Suite 400                           and Chief Financial   
and Chief Financial   San Francisco, CA 94133             Officer,              
Officer                                                   RCBA, L.P.            

Thomas L. Kempner     40 Wall Street           USA        Chairman, Loeb        
Director              New York, NY 10005                  Partners Corporation, 
                                                      Investment Banking
                                            Business

The Carpenters Trust is a trust, governed by a board of trustees.  Its          
principal office is located at 520 South Virgil Avenue, 4th Floor, Los          
Angeles, California 90020.  The names of the executive officers and trustees    
of the Carpenters Trust, their addresses, citizenship and principal occupation  
are as follows:                                                                 

Name and              Business                 Citizen-   Principal Occupation  
Office Held           Address                  ship       or Employment         
--------------------  -----------------------  ---------  --------------------  

Kim Fromer            22225 Acorn Street       USA        President,            
Trustee               Chatsworth, CA 91311                Fromer, Inc.          

Curtis Conyers, Jr.   4719 Exposition Blvd.    USA        President,            
Trustee               Los Angeles, CA 90016               Richard Lane Company  

Richard Harris        292 North Wilshire       USA        General Manager,      
Trustee               Anaheim, CA 92801                   Wesseln Construction  
                                                 Company, Inc.

Ralph Larison         1925 Water Street        USA        President,            
Trustee               Long Beach, CA 90802                Connolly-Pacific Co.  

Bert Lewitt           2901 28th Street         USA        President, Morley     
Trustee               Santa Monica, CA 90405              Construction Co.      

Ronald W. Tutor       15901 Olden Street       USA        President,            
Co-Chairman,          Sylmar, CA 91342                    Tutor-Saliba Corp.    
Trustee                                                                         

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 13 of 20  

Name and              Business                 Citizen-   Principal Occupation  
Office Held           Address                  ship       or Employment         
--------------------  -----------------------  ---------  --------------------  

J.D. Butler           412 Dawson Drive         USA        Executive Secretary,  
Trustee               Camarillo, CA 93010                 Gold Coast District   
                                                         Council of Carpenters

James K. Bernsen,     520 South Virgil Ave     USA        Secretary-Treasurer,  
Trustee               Los Angeles, CA 90020               Southern California-  
                                                   Nevada Regional
                                                         Council of Carpenters

Douglas J. McCarron,  520 South Virgil Ave     USA        Secretary-Treasurer,  
Co-Chairman,          Los Angeles, CA 90020               Southern California   
Trustee                                                   District Council of   
                                              Carpenters

Bill Perry            520 South Virgil Ave     USA        Retired               
Trustee               Los Angeles, CA 90020                                     

Buddy Self            911 20th Street          USA        Financial Secretary,  
Trustee               Bakersfield, CA 91301               Carpenters Local      
                                             Union 743

UBC is a trust governed by a board of trustees.  Its principal office is        
located at 101 Constitution Avenue, N.W., Washington, DC 20001.  The name,      
address, citizenship and principal occupation of the executive officers and     
trustees are as follows:                                                        

Name and              Business                 Citizen-   Principal Occupation  
Office Held           Address                  ship       or Employment         
--------------------  -----------------------  ---------  --------------------  

Douglas J. McCarron,  520 South Virgil Ave     USA        General President,    
General President     Los Angeles, CA 90020               UBC                   
and Trustee                                                                     

Douglas J. Banes,     101 Constitution Ave NW  USA        First General Vice    
First General Vice    Washington, DC 20001                President, UBC        
President and                                                                   
Trustee                                                                         

Andres J. Silins,     101 Constitution Ave NW  USA        Second General Vice   
Second General Vice   Washington, DC 20001                President, UBC        
President and                                                                   
Trustee                                                                         

Byron G. Black        150 Cambria Road North   USA        Business Representa-  
                Goderich, Ontario                   tive, Carpenters
                N7A 2R1                             Local Union 2222

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 14 of 20  

Name and              Business                 Citizen-   Principal Occupation  
Office Held           Address                  ship       or Employment         
--------------------  -----------------------  ---------  --------------------  

Kenneth H. Busch      130 Tri-County Parkway   USA        Secretary and Busi-   
                    Suite 403                           ness Manager, South-
                  Cincinnati, OH 45246                west Ohio District
                                                         Council of Carpenters

Jim R. Green          448 Hegenberger Road     USA        Executive Secretary,  
                     Oakland, CA 94621-1418              Bay Counties District
                                                         Council of Carpenters

ICSOPP is a trust, governed by a board of trustees.  The principal              
administrative office of ICSOPP is located at 1130 Connecticut Avenue, N.W.,    
Washington, D.C. 20036.  The name, business address and present principal       
occupation of each of the trustees and executive officers of ICSOPP are as      
follows:                                                                        

Name and              Business                 Citizen-   Principal Occupation  
Office Held           Address                  ship       or Employment         
--------------------  -----------------------  ---------  --------------------  

Robert E. Vagley      American Insurance Assn  USA        President, American   
Fiduciary             1130 Connecticut Ave NW             Insurance Assn        
Washington, DC 20036                

Fred R. Marcon        Insurance Svcs Office    USA        President, Insurance  
Fiduciary             7 World Trade Center                Services Office       
New York, NY 10048                  

Gail P. Norstrom      Industrial Risk Insurers USA        President & CEO       
Fiduciary             85 Woodland Street                  Industrial Risk       
        Hartford, CT 06102                  Insurers

A. James Brodsky      Insurance Company        USA        Director, Insurance   
Director              Supported Organizations             Company Supported     
             Pension Plan and Trust              Organizations
                1130 Connecticut Ave NW             Pension Plan and
     Washington, DC 20036                Trust

To the best knowledge of the Reporting Persons, none of the entities or         
persons identified in this Item 2 has, during the past five years, been         
convicted of any criminal proceeding (excluding traffic violations or similar   
misdemeanors), nor been a party to a civil proceeding of a judicial or          
administrative body of competent jurisdiction and as a result of such           
proceeding was or is subject to a judgment, decree or final order enjoining     
future violations of, or prohibiting or mandating activities subject to,        
federal or state securities laws or finding any violation with respect to such  
laws.                                                                           

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 15 of 20  

Item 3.  Source and Amount of Funds or Other Consideration                      
----------------------------------------------------------                      

The source of funds for the purchases of securities was the working capital of  
the Reporting Persons.                                                          

Item 4.  Purpose of Transaction                                                 
-------------------------------                                                 

The Reporting Persons acquired the securities of the Issuer in the ordinary     
course of their business, which is an investment business.  In the ordinary     
course of that business, the Reporting Persons may discuss from time to time    
with representatives of the Issuer and with selected shareholders of the        
Issuer ideas that the Reporting Persons believe might enhance shareholder       
value, including ideas that might, if effected, result in any of the            
following: the acquisition by persons of additional securities of the Issuer,   
an extraordinary corporate transaction involving the Issuer, and/or changes in  
the board of directors or management of the Issuer.  Depending upon market      
conditions and other factors, the Reporting Persons may acquire additional      
securities of the Issuer in the open market, in privately negotiated            
transactions or otherwise.  Alternatively, depending upon market conditions or  
other factors, the Reporting Persons may, from time to time, dispose of some    
or all of the securities of the Issuer that they own beneficially.              

Other than as set forth in this statement, the Reporting Persons do not have    
any present plans or proposals that relate to or would result in any of the     
consequences listed in paragraphs (a)-(j) of Schedule 13D, or any agreement     
regarding such matters, although they may in the future take actions that       
would have such consequences.                                                   

Item 5.  Interest in Securities of the Issuer                                   
---------------------------------------------                                   

(a),(b) According to the Issuer's most recent Form 10-K, there were 50,913,804  
shares of Common Stock issued and outstanding as of March 18, 1997.  Based      
on such information, after taking into account the transactions described in    
Item 5(c) below, the following Reporting Persons report the following direct    
holdings and corresponding percentage interests in the Common Stock:            

Shares of Common         Percentage                                             
Name                     Stock Owned          Owned                             
-------------------   -------------------   -----------                         

Stinson                     373,800               0.7%                          
Stinson II                  115,100               0.2%                          
BK IV                       169,000               0.3%                          
Carpenters Trust          1,886,000               3.7%                          
UBC                         239,300               0.5%                          
ICSOPP                      296,100               0.6%                          
---------               ----
Total                     3,079,300               6.0%                          
=========               ====

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 16 of 20  

In addition, because RCBA L.P. has voting and investment power with respect to  
281,200 shares that are legally owned by The Common Fund for the account of     
its Equity Fund ("The Common Fund"), those shares are reported as beneficially  
owned by RCBA L.P.  The Common Fund is principally engaged in the business of   
managing investments for educational institutions.  The principal               
administrative office of The Common Fund is located at 450 Post Road East,      
Westport, Connecticut 06881-0909.  The Common Fund disclaims membership in a    
group with any of the Reporting Persons, and disclaims beneficial ownership of  
any shares held by the Reporting Persons.                                       

Voting and investment power concerning the above shares are held solely by      
RCBA L.P.  The Reporting Persons therefore may be deemed to be members in a     
group, in which case each Reporting Person would be deemed to have beneficial   
ownership of an aggregate of 3,360,500 shares of the Common Stock, which is     
6.6% of the outstanding Common Stock.  As the sole general partner of RCBA      
L.P., RCBA Inc. is deemed the beneficial owner of the securities over which     
RCBA L.P. has voting and investment power.  As Chairman, director and a         
substantial shareholder of RCBA Inc., Richard C. Blum might be deemed to be     
the beneficial owner of the securities beneficially owned by RCBA Inc.          
Although Mr. Blum is joining in this Schedule as a Reporting Person, the        
filing of this Schedule shall not be construed as an admission that he, or any  
of the other shareholders, directors or executive officers of RCBA Inc. is,     
for any purpose, the beneficial owner of any of the securities that are         
beneficially owned by RCBA Inc.                                                 

(c)  During the last 60 days, the Reporting Persons purchased the following     
shares of Common Stock in the open market:                                      

Name                  Trade Date   Shares    Price/Share                        
-------------------   ----------   -------   -----------                        

Stinson               03-07-97       1,600      10.13                           
03-12-97       2,200      10.13     
03-13-97       1,600      10.13     
04-16-97       8,700       9.88     
04-21-97       1,600      10.25     
04-22-97      47,600      10.13     
04-23-97       9,700       9.50     

Stinson II            04-10-97      50,000       9.75                           
04-11-97      25,500       9.75     
04-16-97      11,300       9.88     
04-17-97         700      10.00     
04-21-97         700      10.25     
04-22-97      21,300      10.13     
04-23-97       5,100       9.50     
04-29-97         500       9.25     

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 17 of 20  

Name                  Trade Date   Shares    Price/Share                        
-------------------   ----------   -------   -----------                        

BK IV                 03-07-97       2,900      10.13                           
03-12-97       3,900      10.13     
03-13-97       3,200      10.13     
04-16-97         400       9.88     
04-21-97         200      10.25     
04-22-97       5,800      10.13     
04-23-97       2,500       9.50     
04-29-97         300       9.25     

Carpenters Trust      03-07-97       9,200      10.13                           
03-12-97      12,300      10.13     
03-13-97      14,700      10.13     
04-16-97       3,300       9.88     
04-21-97       2,100      10.25     
04-22-97      61,400      10.13     
04-23-97      26,500       9.50     
04-29-97       4,200       9.25     

UBC                   03-07-97       1,300      10.13                           
03-12-97       1,700      10.13     
03-13-97       1,800      10.18     

ICSOPP                03-07-97       2,100      10.13                           
03-12-97       2,800      10.13     
03-13-97       2,400      10.13     
04-21-97         200      10.25     
04-22-97       7,200      10.13     
04-23-97       2,900       9.50     

The Common Fund       02-25-97      25,000       9.72                           
02-27-97      70,300       9.96     
03-03-97      60,000       9.94     
03-07-97      24,800      10.13     
03-12-97      32,900      10.13     
03-13-97      26,300      10.13     
04-16-97       1,600       9.88     
04-21-97         200      10.25     
04-22-97       6,700      10.13     
04-23-97       3,300       9.50     
04-29-97       9,500       9.25     

(d) and (e)  Not applicable.                                                    

Item 6.  Contracts, Arrangements, Understandings or Relationships with Respect  
to Securities of the Issuer                                   
------------------------------------------------------------------------------  

None.                                                                           

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 18 of 20  

Item 7.  Material to be Filed as Exhibits                                       
-----------------------------------------                                       

Exhibit A  Joint Filing Undertaking.                                            

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 19 of 20  

SIGNATURES  

After reasonable inquiry and to the best or our knowledge and belief, the       
undersigned certify that the information set forth in this statement is true,   
complete and correct.                                                           

Dated:  April 30, 1997                                                          

RICHARD C. BLUM & ASSOCIATES, L.P.     RICHARD C. BLUM & ASSOCIATES, INC.       

By  /s/ Marc T. Scholvinck              By  /s/ Marc T. Scholvinck              
  -------------------------------        -----------------------------------
Marc T. Scholvinck                     Marc T. Scholvinck               
Managing Director and                  Managing Director and            
Chief Financial Officer                Chief Financial Officer          

STINSON CAPITAL PARTNERS, L.P.         /s/ Marc T. Scholvinck                   
STINSON CAPITAL PARTNERS II, L.P.      ---------------------------------------  
BK CAPITAL PARTNERS IV, L.P.           RICHARD C. BLUM                          

By  Richard C. Blum & Associates,      By  Marc T. Scholvinck,                  
L.P., its General Partner              Attorney-in-Fact                 

By  /s/ Marc T. Scholvinck         THE CARPENTERS PENSION TRUST FOR     
---------------------------    SOUTHERN CALIFORNIA              
Marc T. Scholvinck,                                             
Managing Director and          UNITED BROTHERHOOD OF CARPENTERS 
  Chief Financial Officer        AND JOINERS OF AMERICA LOCAL UNIONS
                       AND COUNCILS PENSION FUND

                         INSURANCE COMPANY SUPPORTED
                        ORGANIZATIONS PENSION PLAN

                                     By  Richard C. Blum & Associates, L.P.,
                            its Investment Advisor

                                By  /s/ Marc T. Scholvinck
                                             -------------------------------
                                   Marc T. Scholvinck,
                                     Managing Director and
                                       Chief Financial Officer

CUSIP NO. 72813P-10-0            SCHEDULE 13D                    Page 20 of 20  

Exhibit A 
JOINT FILING UNDERTAKING  

The undersigned, being duly authorized thereunto, hereby execute this           
agreement as an exhibit to this Schedule 13D to evidence the agreement of the   
below-named parties, in accordance with the rules promulgated pursuant to the   
Securities Exchange Act of 1934, to file this Schedule jointly on behalf of     
each such party.                                                                

Dated:  April 30, 1997                                                          

RICHARD C. BLUM & ASSOCIATES, L.P.     RICHARD C. BLUM & ASSOCIATES, INC.       

By  /s/ Marc T. Scholvinck              By  /s/ Marc T. Scholvinck              
  -------------------------------        -----------------------------------
Marc T. Scholvinck                     Marc T. Scholvinck               
Managing Director and                  Managing Director and            
Chief Financial Officer                Chief Financial Officer          

STINSON CAPITAL PARTNERS, L.P.         /s/ Marc T. Scholvinck                   
STINSON CAPITAL PARTNERS II, L.P.      ---------------------------------------  
BK CAPITAL PARTNERS IV, L.P.           RICHARD C. BLUM                          

By  Richard C. Blum & Associates,      By  Marc T. Scholvinck,                  
L.P., its General Partner              Attorney-in-Fact                 

By  /s/ Marc T. Scholvinck         THE CARPENTERS PENSION TRUST FOR     
---------------------------    SOUTHERN CALIFORNIA              
Marc T. Scholvinck,                                             
Managing Director and          UNITED BROTHERHOOD OF CARPENTERS 
  Chief Financial Officer        AND JOINERS OF AMERICA LOCAL UNIONS
                       AND COUNCILS PENSION FUND

                         INSURANCE COMPANY SUPPORTED
                        ORGANIZATIONS PENSION PLAN

                                     By  Richard C. Blum & Associates, L.P.,
                            its Investment Advisor

                                By  /s/ Marc T. Scholvinck
                                             -------------------------------
                                   Marc T. Scholvinck,
                                     Managing Director and
                                       Chief Financial Officer

Dates Referenced Herein and Documents Incorporated by Reference

This ‘SC 13D/A’ Filing	Date	Other Filings

Filed on:	4/30/97	None on these Dates
	4/22/97
	3/18/97
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Blum Capital Partners LP – ‘SC 13D/A’ on 4/30/97 re: Playtex Products Inc

As of: Wednesday, 4/30/97 · Accession #: 938775-97-4 · File #: 5-45603

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Amendment to General Statement of Beneficial Ownership — Schedule 13DFiling Table of Contents

Document Table of Contents

Dates Referenced Herein and Documents Incorporated by Reference

Amendment to General Statement of Beneficial Ownership — Schedule 13D
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