Tinicum Incorporated

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GENERAL INSTRUCTIONS
This Disclosure Reporting Page (DRP ADV) is an 
INITIAL OR
AMENDED response used to report details for affirmative responses to Item 11.H. of Part
1A or Item 2.F. of Part 1B of Form ADV.
Civil Judicial
Check Part 1A item(s) being responded to:
11.H(1)(a)
11.H(1)(b)
11.H(1)(c)
11.H(2)
Check Part 1B item(s) being responded to:
2.F(1)
2.F(2)
2.F(3)
2.F(4)
2.F(5)
Use a separate DRP for each event or proceeding . The same event or proceeding may be reported for more than one person or entity using one DRP. File
with a completed Execution Page.
One event may result in more than one affirmative answer to Item 11.H. of Part 1A or Item 2.F. of Part 1B. Use only one DRP to report details related to the
same event. Unrelated civil judicial actions must be reported on separate DRPs.
PART I
A.  The person(s) or entity(ies) for whom this DRP is being filed is (are):
You (the advisory firm)
You and one or more of your advisory affiliates
One or more of your advisory affiliates
If this DRP is being filed for an advisory affiliate, give the full name of the advisory affiliate below (for individuals, Last name, First name, Middle name). 
If the advisory affiliate has a CRD number, provide that number. If not, indicate "non-registered" by checking the appropriate box.
ADV DRP - ADVISORY AFFILIATE
CRD
Number:
6021227
This advisory affiliate is 
a Firm
an Individual
Registered:
Yes
No
Name:
HENDON, SETH, MORDECAI
(For individuals, Last, First,
Middle)
This DRP should be removed from the ADV record because the advisory affiliate(s) is no longer associated with the adviser.
This DRP should be removed from the ADV record because: (1) the event or proceeding occurred more than ten years ago or (2) the adviser is
registered or applying for registration with the SEC or reporting as an exempt reporting adviser with the SEC and the event was resolved in the
adviser's or advisory affiliate's favor.
If you are registered or registering with a state securities authority , you may remove a DRP for an event you reported only in response to Item 11.H.
(1)(a), and only if that event occurred more than ten years ago. If you are registered or registering with the SEC, you may remove a DRP for any
event listed in Item 11 that occurred more than ten years ago.
This DRP should be removed from the ADV record because it was filed in error, such as due to a clerical or data-entry mistake. Explain the
circumstances: 
B.
If the advisory affiliate is registered through the IARD system or CRD system, has the advisory affiliate submitted a DRP (with Form ADV, BD or U-4) to
the IARD or CRD for the event? If the answer is "Yes," no other information on this DRP must be provided.
 Yes
 No

NOTE: The completion of this form does not relieve the advisory affiliate of its obligation to update its IARD or CRD records.
PART II
1.  Court Action initiated by: (Name of regulator, foreign financial regulatory authority, SRO, commodities exchange, agency, firm, private plaintiff, etc.) 
STEPHEN ROBERTSON, THE ACTING COMMISSIONER OF THE DEPARTMENT OF INSURANCE OF THE STATE OF INDIANA ("DEPARTMENT OF INSURANCE")
2.
Principal Relief Sought:
Other
Other Relief Sought: 
NO SPECIFIC RELIEF SOUGHT - ALL APPROPRIATE RELIEF
3.
Filing Date of Court Action (MM/DD/YYYY):
09/29/2010
 Exact
 Explanation
If not exact, provide explanation:
4.
Principal Product Type:
Insurance
Other Product Types: 
5.
Formal Action was brought in (include name of Federal, State or Foreign Court, Location of Court - City or County and State or Country, Docket/Case
Number): 
IN THE MARION CIRCUIT COURT, STATE OF INDIANA, CAUSE NO. 49C01-0812-MI-057122-001
6.
Advisory Affiliate Employing Firm when activity occurred which led to the civil judicial action (if applicable): 
TINICUM INCORPORATED
7.
Describe the allegations related to this civil action (your response must fit within the space provided): 
THE COMMISSIONER OF THE DEPARTMENT OF INSURANCE SERVED THE DIRECTORS OF STANDARD LIFE INSURANCE COMPANY OF INDIANA ("STANDARD
LIFE") AND ITS PARENT COMPANY, CAPITAL ASSURANCE CORPORATION ("CAC"), INCLUDING MR. HENDON, WITH A LAWSUIT ALLEGING THAT THE
DIRECTORS BREACHED THEIR FIDUCIARY DUTIES IN THEIR SELECTION OF THE INVESTMENT ADVISOR TO STANDARD LIFE, AND BREACHED THEIR
FIDUCIARY DUTIES IN CONNECTION WITH THEIR ROLE IN STANDARD LIFE'S INVESTMENT ACTIVITIES AND OFFERING OF INSURANCE POLICIES.
8.
Current Status? 
 Pending
 On Appeal
 Final
9.
If on appeal, action appealed to (provide name of court) and Date Appeal Filed (MM/DD/YYYY): 
10. If pending, date notice/process was served (MM/DD/YYYY):
11/23/2010
 Exact
 Explanation
If not exact, provide explanation:
FINAL, SEE RESPONSE IN Q8 ABOVE
If Final or On Appeal, complete all items below. For Pending Actions, complete Item 14 only.
11. How was matter resolved:
Settled
12. Resolution Date (MM/DD/YYYY): 
04/05/2017
 Exact
 Explanation
If not exact, provide explanation:
13. Resolution Detail:
A.  Were any of the following Sanctions Ordered or Relief Granted(check appropriate items)?
Monetary/Fine Amount: $ 0.00
Revocation/Expulsion/Denial
Disgorgement/Restitution
Censure
Cease and Desist/Injunction
Bar
Suspension
B.
Other Sanctions:
NO SANCTIONS
C.
Sanction detail: if suspended, enjoined or barred, provide duration including start date and capacities affected (General Securities Principal,
Financial Operations Principal, etc.). If requalification by exam/retraining was a condition of the sanction, provide length of time given to
requalify/retrain, type of exam required and whether condition has been satisfied. If disposition resulted in a fine, penalty, restitution,
disgorgement, or monetary compensation, provide total amount, portion levied against you or an advisory affiliate, date paid and if any portion
of penalty was waived:

NO SANCTIONS
14. Provide a brief summary of circumstances related to the action(s), allegation(s), disposition(s) and/or finding(s) disclosed above (your response must
fit within the space provided). 
MR. HENDON SERVED AS A DIRECTOR OF STANDARD LIFE AND CAC, AND AS A MEMBER OF CAC'S ASSET/LIABILITY MANAGEMENT COMMITTEE (THE "ALM
COMMITTEE") FOR THE BENEFIT OF CERTAIN OF THE FUNDS MANAGED BY REGISTRANT. IN THE THIRD QUARTER OF 2008, AS A RESULT OF LOSSES
SUFFERED IN STANDARD LIFE'S FIXED INCOME PORTFOLIO, STANDARD LIFE'S CAPITAL BASE WAS REDUCED TO A LEVEL THAT UNDER INDIANA
DEPARTMENT OF INSURANCE REGULATIONS REQUIRED THE COMMISSIONER TO TAKE ACTION. ON DECEMBER 17, 2008, AFTER FAILING IN EFFORTS TO
RAISE ADDITIONAL CAPITAL, STANDARD LIFE ENTERED INTO A CONSENSUAL ORDER OF REHABILITATION - EFFECTIVELY TURNING CONTROL OF THE
COMPANY OVER TO THE STATE. IN NOVEMBER 2010, ONE WEEK PRIOR TO THE EXPIRATION OF THE INSURANCE POLICY THAT PROVIDED DIRECTORS
AND OFFICERS COVERAGE, THE COMMISSIONER OF THE DEPARTMENT OF INSURANCE SERVED THE DIRECTORS WITH THE LAWSUIT DESCRIBED
HEREIN. MR. HENDON AND THE SUPERINTENDENT OF THE DEPARTMENT OF INSURANCE HAVE EXECUTED A SETTLEMENT TERMINATING THE LITIGATION.
THE SETTLEMENT AGREEMENT PROVIDES FOR THE DISMISSAL OF THE ACTION, WITH PREJUDICE, AND WITHOUT ANY ADMISSION OF LIABILITY ON THE
PART OF MR. HENDON OR ANY OF THE DIRECTORS AND OFFICERS OF STANDARD LIFE AND CAC. THE SETTLEMENT AGREEMENT WAS REACHED ON
BEHALF OF ALL DIRECTORS AND OFFICERS OF STANDARD LIFE AND CAC AND PROVIDES FOR A ONE-TIME SETTLEMENT PAYMENT BY THE INSURANCE
COMPANY, MADE ON BEHALF OF ALL SUCH DIRECTORS AND OFFICERS, INCLUDING MR. HENDON. THE COURT ACCEPTED THE SETTLEMENT AND
DISMISSED THE LITIGATION, WITH PREJUDICE, ON APRIL 5, 2017.