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1 Mrningstar Dcument Research FORM SC 13G/A CAPITAL VENTURES INTERNATIONAL - JRCC Filed: February 13, 2014 (perid: ) Amendment t the SC 13G filing The infrmatin cntained herein may nt be cpied, adapted r distributed and is nt warranted t be accurate, cmplete r timely. The user assumes all risks fr any damages r lsses arising frm any use f this infrmatin, except t the extent such damages r lsses cannt be limited r excluded by applicable law. Past financial perfrmance is n guarantee f future results.

2 SECURITIES AND EXCHANGE COMMISSION Washingtn, D.C SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO d-1(b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO d-2. (Amendment N. 1)* James River Cal Cmpany (Name f Issuer) Cmmn Stck, par value $0.01 per share (Title f Class f Securities) (CUSIP Number) December 31, 2013 (Date f Event Which Requires Filing f this Statement) Check the apprpriate bx t designate the rule pursuant t which this Schedule is filed: Rule 13d-1(b) x Rule 13d-1(c) Rule 13d-1(d) *The remainder f this cver page shall be filled ut fr a reprting persn's initial filing n this frm with respect t the subject class f securities, and fr any subsequent amendment cntaining infrmatin which wuld alter the disclsures prvided in a prir cver page. The infrmatin required in the remainder f this cver page shall nt be deemed t be filed fr purpses f Sectin 18 f the Securities Exchange Act f 1934 ( Act ) r therwise subject t the liabilities f that sectin f the Act but shall be subject t all ther prvisins f the Act (hwever, see the Ntes).

3 (1) Names f Reprting Persns Capital Ventures Internatinal (2) Check the Apprpriate Bx if a Member f a Grup (See Instructins) (a) (b) (3) SEC Use Only (4) Citizenship r Place f Organizatin Cayman Islands (5) Sle Vting Pwer 753,800 (1)(2) Number f Shares Beneficially Owned by Each Reprting Persn With (6) Shared Vting Pwer (2) (7) Sle Dispsitive Pwer 753,800 (1)(2) (8) Shared Dispsitive Pwer (2) (9) Aggregate Amunt Beneficially Owned by Each Reprting Persn (2) (10) Check bx if the Aggregate Amunt in Rw (9) Excludes Certain Shares (See Instructins) (11) Percent f Class Represented by Amunt in Rw (9) 3.5% (12) Type f Reprting Persn (See Instructins) CO (1) Susquehanna Capital Grup, Susquehanna Investment Grup and Susquehanna Securities are affiliated independent brker-dealers which, tgether with Capital Ventures Internatinal and Susquehanna Advisrs Grup, Inc., may be deemed a grup. Fr purpses f this reprt, we have indicated that each reprting persn has sle vting and dispsitive pwer with respect t the shares beneficially wned by it and that the reprting persns have shared vting and dispsitive pwer with respect t all shares beneficially wned by all f the reprting persns. Each f the reprting persns disclaims beneficial wnership f shares wned directly by anther reprting persn. (2) Susquehanna Advisrs Grup, Inc. is the investment manager t Capital Ventures Internatinal and as such may exercise vting and dispsitive pwer ver the 753,800 shares directly wned by Capital Ventures Internatinal. 2

4 (1) Names f Reprting Persns Susquehanna Advisrs Grup, Inc. (2) Check the Apprpriate Bx if a Member f a Grup (See Instructins) (a) (b) (3) SEC Use Only (4) Citizenship r Place f Organizatin Pennsylvania (5) Sle Vting Pwer 0 (1)(2) Number f Shares Beneficially Owned by Each Reprting Persn With (6) Shared Vting Pwer (2) (7) Sle Dispsitive Pwer 0 (1)(2) (8) Shared Dispsitive Pwer (2) (9) Aggregate Amunt Beneficially Owned by Each Reprting Persn (2) (10) Check bx if the Aggregate Amunt in Rw (9) Excludes Certain Shares (See Instructins) (11) Percent f Class Represented by Amunt in Rw (9) 3.5% (12) Type f Reprting Persn (See Instructins) CO (1) Susquehanna Capital Grup, Susquehanna Investment Grup and Susquehanna Securities are affiliated independent brker-dealers which, tgether with Capital Ventures Internatinal and Susquehanna Advisrs Grup, Inc., may be deemed a grup. Fr purpses f this reprt, we have indicated that each reprting persn has sle vting and dispsitive pwer with respect t the shares beneficially wned by it and that the reprting persns have shared vting and dispsitive pwer with respect t all shares beneficially wned by all f the reprting persns. Each f the reprting persns disclaims beneficial wnership f shares wned directly by anther reprting persn. (2) Susquehanna Advisrs Grup, Inc. is the investment manager t Capital Ventures Internatinal and as such may exercise vting and dispsitive pwer ver the 753,800 shares directly wned by Capital Ventures Internatinal. 3

5 (1) Names f Reprting Persns Susquehanna Capital Grup (2) Check the Apprpriate Bx if a Member f a Grup (See Instructins) (a) (b) (3) SEC Use Only (4) Citizenship r Place f Organizatin Delaware (5) Sle Vting Pwer 325,874 (1) Number f Shares Beneficially Owned by Each Reprting Persn With (6) Shared Vting Pwer (7) Sle Dispsitive Pwer 325,874 (1) (8) Shared Dispsitive Pwer (9) Aggregate Amunt Beneficially Owned by Each Reprting Persn (10) Check bx if the Aggregate Amunt in Rw (9) Excludes Certain Shares (See Instructins) (11) Percent f Class Represented by Amunt in Rw (9) 3.5% (12) Type f Reprting Persn (See Instructins) BD, PN (1) Susquehanna Capital Grup, Susquehanna Investment Grup and Susquehanna Securities are affiliated independent brker-dealers which, tgether with Capital Ventures Internatinal and Susquehanna Advisrs Grup, Inc., may be deemed a grup. Fr purpses f this reprt, we have indicated that each reprting persn has sle vting and dispsitive pwer with respect t the shares beneficially wned by it and that the reprting persns have shared vting and dispsitive pwer with respect t all shares beneficially wned by all f the reprting persns. Each f the reprting persns disclaims beneficial wnership f shares wned directly by anther reprting persn. 4

6 (1) Names f Reprting Persns Susquehanna Investment Grup (2) Check the Apprpriate Bx if a Member f a Grup (See Instructins) (a) (b) (3) SEC Use Only (4) Citizenship r Place f Organizatin Pennsylvania (5) Sle Vting Pwer 1,100 (1) Number f Shares Beneficially Owned by Each Reprting Persn With (6) Shared Vting Pwer (7) Sle Dispsitive Pwer 1,100 (1) (8) Shared Dispsitive Pwer (9) Aggregate Amunt Beneficially Owned by Each Reprting Persn (10) Check bx if the Aggregate Amunt in Rw (9) Excludes Certain Shares (See Instructins) (11) Percent f Class Represented by Amunt in Rw (9) 3.5% (12) Type f Reprting Persn (See Instructins) BD, PN (1) Susquehanna Capital Grup, Susquehanna Investment Grup and Susquehanna Securities are affiliated independent brker-dealers which, tgether with Capital Ventures Internatinal and Susquehanna Advisrs Grup, Inc., may be deemed a grup. Fr purpses f this reprt, we have indicated that each reprting persn has sle vting and dispsitive pwer with respect t the shares beneficially wned by it and that the reprting persns have shared vting and dispsitive pwer with respect t all shares beneficially wned by all f the reprting persns. Each f the reprting persns disclaims beneficial wnership f shares wned directly by anther reprting persn. 5

7 (1) Names f Reprting Persns Susquehanna Securities (2) Check the Apprpriate Bx if a Member f a Grup (See Instructins) (a) (b) (3) SEC Use Only (4) Citizenship r Place f Organizatin Delaware (5) Sle Vting Pwer 186,106 (1) Number f Shares Beneficially Owned by Each Reprting Persn With (6) Shared Vting Pwer (7) Sle Dispsitive Pwer 186,106 (1) (8) Shared Dispsitive Pwer (9) Aggregate Amunt Beneficially Owned by Each Reprting Persn (10) Check bx if the Aggregate Amunt in Rw (9) Excludes Certain Shares (See Instructins) (11) Percent f Class Represented by Amunt in Rw (9) 3.5% (12) Type f Reprting Persn (See Instructins) BD, PN (1) Susquehanna Capital Grup, Susquehanna Investment Grup and Susquehanna Securities are affiliated independent brker-dealers which, tgether with Capital Ventures Internatinal and Susquehanna Advisrs Grup, Inc., may be deemed a grup. Fr purpses f this reprt, we have indicated that each reprting persn has sle vting and dispsitive pwer with respect t the shares beneficially wned by it and that the reprting persns have shared vting and dispsitive pwer with respect t all shares beneficially wned by all f the reprting persns. Each f the reprting persns disclaims beneficial wnership f shares wned directly by anther reprting persn. 6

8 Item 1. (a) (b) Name f Issuer James River Cal Cmpany. Address f Issuer s Principal Executive Offices 901 East Byrd Street Suite 1600 Richmnd, Virginia Item 2(a). Item 2(b). Item 2(c). Item 2(d). Item 2(e) Name f Persn Filing This statement is filed by the entities listed belw, wh are cllectively referred t herein as Reprting Persns, with respect t the shares f Cmmn Stck, par value $0.01 per share, f the Cmpany (the Shares ). (i) (ii) (iii) (1v) (v) Capital Ventures Internatinal Susquehanna Advisrs Grup, Inc. Susquehanna Capital Grup Susquehanna Investment Grup Susquehanna Securities Address f Principal Business Office r, if nne, Residence The address f the principal business ffice f Capital Ventures Internatinal is: P.O. Bx 897 Winward 1, Regatta Office Park West Bay Rad Grand Cayman, KY Cayman Islands The address f the principal business ffice f each f Susquehanna Advisrs Grup, Inc., Susquehanna Capital Grup, Susquehanna Investment Grup and Susquehanna Securities is: 401 City Avenue Suite 220 Bala Cynwyd, PA Citizenship Citizenship is set frth in Rw 4 f the cver page fr each Reprting Persn heret and is incrprated herein by reference fr each such Reprting Persn. Title f Class f Securities Cmmn Stck, par value $0.01 per share CUSIP Number Item 3. If this statement is filed pursuant t d-1(b) r d-2(b) r (c), check whether the persn filing is a: (a) Brker r dealer registered under sectin 15 f the Act (15 U.S.C. 78). (b) Bank as defined in sectin 3(a)(6) f the Act (15 U.S.C. 78c). (c) Insurance cmpany as defined in sectin 3(a)(19) f the Act (15 U.S.C. 78c). (d) Investment cmpany registered under sectin 8 f the Investment Cmpany Act f 1940 (15 U.S.C. 80a-8). (e) An investment adviser in accrdance with d-1(b)(1)(ii)(E); (f) An emplyee benefit plan r endwment fund in accrdance with d-1(b)(1)(ii)(F); (g) A parent hlding cmpany r cntrl persn in accrdance with d-1(b)(1)(ii)(G); (h) A savings assciatin as defined in Sectin 3(b) f the Federal Depsit Insurance Act (12 U.S.C. 1813); (i) A church plan that is excluded frm the definitin f an investment cmpany under sectin 3(c)(14) f the Investment Cmpany Act f 1940 (15 U.S.C. 80a-3); (j) A nn-u.s. institutin in accrdance with d 1(b)(1)(ii)(J);

9 (k) Grup, in accrdance with rule 13d 1(b)(1)(ii)(K). If filing as a nn-u.s. institutin in accrdance with d 1(b)(1)(ii)(J), please specify the type f institutin: 7

10 Item 4. Ownership Prvide the fllwing infrmatin regarding the aggregate number and percentage f the class f securities f the issuer identified in Item 1. The infrmatin required by Items 4(a) (c) is set frth in Rws 5 11 f the cver page fr each Reprting Persn heret and is incrprated herein by reference fr each such Reprting Persn. The amunt beneficially wned by Capital Ventures Internatinal is cmprised f 753,800 shares f Cmmn Stck issuable upn cnversin f the Cmpany s 10.00% cnvertible senir ntes due 2018 (the Ntes ). The amunt beneficially wned by Susquehanna Investment Grup includes 200 shares f Cmmn Stck issuable upn exercise f ptins t buy shares f the Cmpany s Cmmn Stck. The amunt beneficially wned by Susquehanna Securities includes 175,500 shares f Cmmn Stck issuable upn exercise f ptins t buy shares f the Cmpany s Cmmn Stck. The Cmpany s Quarterly Reprt, n Frm 10-Q, filed with the United States Securities and Exchange Cmmissin n Nvember 7, 2013, indicates that there were 36,060,869 shares f Cmmn Stck utstanding as f Octber 28, Item 5. Ownership f Five Percent r Less f a Class If this statement is being filed t reprt the fact that as f the date heref the reprting persn has ceased t be the beneficial wner f mre than five percent f the class f securities, check the fllwing: x Item 6. Ownership f Mre than Five Percent n Behalf f Anther Persn Nt applicable. Item 7. Identificatin and Classificatin f the Subsidiary Which Acquired the Security Being Reprted n By the Parent Hlding Cmpany r Cntrl Persn Nt applicable. Item 8. Identificatin and Classificatin f Members f the Grup Nt applicable. Item 9. Ntice f Disslutin f Grup Nt applicable. 8

11 Item 10. Certificatin By signing belw each f the undersigned certifies that, t the best f its knwledge and belief, the securities referred t abve were nt acquired and are nt held fr the purpse f r with the effect f changing r influencing the cntrl f the issuer f the securities and were nt acquired and are nt held in cnnectin with r as a participant in any transactin having that purpse r effect, ther than activities slely in cnnectin with a nminatin under a-11. SIGNATURES After reasnable inquiry and t the best f its knwledge and belief, each f the undersigned certifies that the infrmatin with respect t it set frth in this statement is true, cmplete, and crrect. Dated: February 13, 2014 CAPITAL VENTURES INTERNATIONAL SUSQUEHANNA ADVISORS GROUP, INC. By: Susquehanna Advisrs Grup, Inc. pursuant t a Limited Pwer f Attrney, a cpy f which is filed as Exhibit I heret. By: Name: Title: /s/ Brian Spinsky Brian Spinsky Assistant Secretary By: Name: Title: /s/ Brian Spinsky Brian Spinsky Assistant Secretary SUSQUEHANNA CAPITAL GROUP SUSQUEHANNA INVESTMENT GROUP By: /s/ Brian Spinsky By: /s/ Brian Spinsky Name: Brian Spinsky Name: Brian Spinsky Title: Authrized Signatry Title: General Cunsel SUSQUEHANNA SECURITIES By: Name: Title: /s/ Brian Spinsky Brian Spinsky Secretary 9

12 EXHIBIT INDEX EXHIBIT DESCRIPTION I II Limited Pwer f Attrney executed by Capital Ventures Internatinal, authrizing Susquehanna Advisrs Grup, Inc. t sign and file this Schedule 13G n its behalf, dated as f December 4, Jint Filing Agreement, dated September 27, 2013, pursuant t Rule 13d-1(k) between Capital Ventures Internatinal, Susquehanna Advisrs Grup, Inc., Susquehanna Capital Grup, Susquehanna Investment Grup and Susquehanna Securities. 10

13 EXHIBIT I LIMITED POWER OF ATTORNEY THIS LIMITED POWER OF ATTORNEY given n the 4th day f December, 2012 by Capital Ventures Internatinal (hereinafter called the Cmpany ), whse Registered Office is situated at Winward 1, Regatta Office Park, West Bay Rad, Grand Cayman KY1-1103, Cayman Islands, WHEREAS, by agreement dated December 4, 2012, by and between the Cmpany and Susquehanna Advisrs Grup, Inc., the Cmpany expressly authrized Susquehanna Advisrs Grup, Inc. t enter int transactins in certain designated areas as defined in the Discretinary Investment Management Agreement attached heret marked Appendix 1. NOW THIS DEED WITNESSETH that William Walmsley, Directr f the Cmpany, hereby appints n behalf f the Cmpany the firm f SUSQUEHANNA ADVISORS GROUP, INC., which thrugh its fficers, directrs and emplyees is hereby frmally granted limited pwer f attrney fr the purpse f entering int transactins n behalf and fr the accunt f the Cmpany and t take all actins n behalf f the Cmpany as may be necessary t cnsummate such transactins, including but nt limited t making, negtiating, signing, endrsing, executing, acknwledging and delivering in the name f the Cmpany all applicatins, cntracts, agreements, ntes, statements, certificates, prxies and any ther instruments f whatever kind and nature as may be necessary r prper in cnnectin with the entering int f such transactins, instructing the transfer f funds where necessary with respect t such transactins, and perfrming all f the services specified under the Discretinary Investment Management Agreement with respect t such transactins. IN WITNESS WHEREOF, the Cmpany has caused this Limited Pwer f Attrney t take effect n the day and year abve written. Capital Ventures Internatinal /s/ William Walmsley William Walmsley. Directr 11

14 EXHIBIT II JOINT FILING AGREEMENT This will cnfirm the agreement by and amng the undersigned that the Schedule 13G filed with the Securities and Exchange Cmmissin n r abut the date heref with respect t the beneficial wnership by the undersigned f the shares f Cmmn Stck f James River Cal Cmpany, is being filed, and all amendments theret will be filed, n behalf f each f the persns and entities named belw in accrdance with Rule 13d-1(k) under the Securities Exchange Act f 1934, as amended. This Agreement may be executed in tw r mre cunterparts, each f which shall be deemed an riginal, but all f which tgether shall cnstitute ne and the same instrument. Dated as f September 27, 2013 CAPITAL VENTURES INTERNATIONAL SUSQUEHANNA ADVISORS GROUP, INC. By: Susquehanna Advisrs Grup, Inc. pursuant t a Limited Pwer f Attrney By: Name: Title: /s/ Brian Spinsky Brian Spinsky Assistant Secretary By: Name: Title: /s/ Brian Spinsky Brian Spinsky Assistant Secretary SUSQUEHANNA CAPITAL GROUP SUSQUEHANNA SECURITIES By: /s/ Brian Spinsky By: /s/ Brian Spinsky Name: Brian Spinsky Name: Brian Spinsky Title: Authrized Signatry Title: Secretary SUSQUEHANNA INVESTMENT GROUP By: Name: Title: /s/ Brian Spinsky Brian Spinsky General Cunsel 12