SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________________ SCHEDULE 13G (Rule 13d-102) INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES 13d-1(b)(c), AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO RULE 13d-2(b) (Amendment No. ___)* REPUBLIC COMPANIES GROUP, INC. ___________________________________________________________ (Name of Issuer) COMMON STOCK ___________________________________________________________ (Title of Class of Securities) 760349100 _________________ (CUSIP Number) December 31, 2005 ___________________________________________________________ (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) [ ] Rule 13d - 1(c) [X] 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 disclosures provided in a prior cover page. The information required on the remainder of this 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.) - ---------------------- ------------------- CUSIP No 760349100 13G Page 2 of 11 Pages - ---------------------- ------------------- - --------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY): Banc of America Capital Investors SBIC, L.P. - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 1,262,016 5 SOLE VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 0 6 SHARED VOTING POWER - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 2,532,761 7 SOLE DISPOSITIVE POWER - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 0 - ---------------------------------------------------------------------------- - --------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,532,761 - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.1% - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - ---------------------- ------------------- CUSIP No 760349100 13G Page 3 of 11 Pages - ---------------------- ------------------- - --------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY): Banc of America Capital Management SBIC, LLC - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------------------------------------------------------------- - -------------------------------------------------------------------------- 0 5 SOLE VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - -------------------------------------------------------------------------- - -------------------------------------------------------------------------- 1,262,016 6 SHARED VOTING POWER - -------------------------------------------------------------------------- - -------------------------------------------------------------------------- 0 7 SOLE DISPOSITIVE POWER - -------------------------------------------------------------------------- - -------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,532,761 - -------------------------------------------------------------------------- - --------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,532,761 - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.1% - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - ---------------------- ------------------- CUSIP No 760349100 13G Page 4 of 11 Pages - ---------------------- ------------------- - --------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY): Banc of America Capital Management, L.P. - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 0 5 SOLE VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 1,262,016 6 SHARED VOTING POWER - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 0 7 SOLE DISPOSITIVE POWER - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,532,761 - ---------------------------------------------------------------------------- - --------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,532,761 - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.1% - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* PN - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - ---------------------- ------------------- CUSIP No 760349100 13G Page 5 of 11 Pages - ---------------------- ------------------- - --------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY): BACM I GP, LLC - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware - --------------------------------------------------------------------------- - -------------------------------------------------------------------------- 0 5 SOLE VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - -------------------------------------------------------------------------- - -------------------------------------------------------------------------- 1,262,016 6 SHARED VOTING POWER - -------------------------------------------------------------------------- - -------------------------------------------------------------------------- 0 7 SOLE DISPOSITIVE POWER - -------------------------------------------------------------------------- - -------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,532,761 - -------------------------------------------------------------------------- - --------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,532,761 - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.1% - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* OO - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! - ---------------------- ------------------- CUSIP No 760349100 13G Page 6 of 11 Pages - ---------------------- ------------------- - --------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY): J. Travis Hain - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] (b) [ ] - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 3 SEC USE ONLY - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 4 CITIZENSHIP OR PLACE OF ORGANIZATION United States - --------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 0 5 SOLE VOTING POWER NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 1,262,016 6 SHARED VOTING POWER - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 0 7 SOLE DISPOSITIVE POWER - ---------------------------------------------------------------------------- - ---------------------------------------------------------------------------- 8 SHARED DISPOSITIVE POWER 2,532,761 - ---------------------------------------------------------------------------- - --------------------------------------------------------------------------- 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 2,532,761 - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 10 CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES* [ ] - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 18.1% - --------------------------------------------------------------------------- - --------------------------------------------------------------------------- 12 TYPE OF REPORTING PERSON* IN - --------------------------------------------------------------------------- *SEE INSTRUCTIONS BEFORE FILLING OUT! Item 1(a). Name of Issuer: Republic Companies Group, Inc. Item 1(b). Address of Issuer's Principal Executive Offices: 222 Delaware Avenue, Suite 900 Wilmington, Delaware 19801 Item 2(a). Name of Person Filing: Banc of America Capital Investors SBIC, L.P. Banc of America Capital Management SBIC, LLC Banc of America Capital Management, L.P. BACM I GP, LLC J. Travis Hain Item 2(b). Address of Principal Business Office or, if None, Residence: Each Reporting Person has its or his principal business office at 100 North Tryon Street, Floor 25, Bank of America Corporate Center, Charlotte, NC 28255. Item 2(c). Citizenship: Banc of America Capital Investors SBIC, L.P. Delaware Banc of America Capital Management SBIC, LLC Delaware Banc of America Capital Management, L.P. Delaware BACM I GP, LLC Delaware J. Travis Hain United States Item 2(d). Title of Class of Securities: Common Stock Item 2(e). CUSIP Number: 760349100 Item 3. If This Statement is Filed Pursuant to Rule 13d-1(b), or 13d-2(b) or (c), Check Whether the Person Filing is a: (a) [ ] Broker or dealer registered under Section 15 of the Exchange Act. (b) [ ] Bank as defined in Section 3(a)(6) of the Exchange Act. (c) [ ] Insurance company as defined in Section 3(a)(19) of the Exchange Act. (d) [ ] Investment company registered under Section 8 of the Investment Company Act. (e) [ ] An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E). (f) [ ] An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F). (g) [ ] A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G). (h) [ ] A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act. (i) [ ] A church plan that is excluded from the definition of an investment company under Section 3(c)(14) of the Investment Company Act. (j) [ ] Group, in accordance with Rule 13d-1(b)(1)(ii)(J). If this statement is filed pursuant to Rule 13d-1(c), check this box. [ ] Item 4. Ownership: With respect to the beneficial ownership of the reporting person, see Items 5 through 11 of the cover pages to this Schedule 13G, which are incorporated herein by reference. At the closing of the Issuer's initial public offering, Banc of America Capital Investors SBIC, L.P. ("BACI") entered into a voting trust agreement with an independent, unaffiliated trust company pursuant to which BACI deposited 1,270,745 shares of Common Stock into a voting trust. Generally, the voting trustee will vote such shares in proportion to, or with the majority of, the non-BACI votes cast or abstained from voting. Under the voting trust agreement, BACI has the power to dispose or to direct the disposition of the BACI shares and the right to receive all dividends paid on its shares. 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: Not applicable. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person: With respect to Subsidiary Identification and Classification, see Items 5 through 11 of the cover pages to this Schedule 13G, which are incorporated herein by reference. Item 8. Identification and Classification of Members of the Group: Not applicable. Item 9. Notice of Dissolution of Group: Not applicable. Item 10. Certification: Not applicable. 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. Dated: February 3, 2006 BANC OF AMERICA CAPITAL INVESTORS SBIC, L.P. By: Banc of America Capital Management SBIC, LLC, its general partner By: Banc of America Capital Management, L.P., its sole member By: BACM I GP, LLC, its general partner By: /s/ J. Travis Hain Name: J. Travis Hain Title: Managing Member BANC OF AMERICA CAPITAL MANAGEMENT SBIC, LLC By: Banc of America Capital Management, L.P., its sole member By: BACM I GP, LLC, its general partner By: /s/ J. Travis Hain Name: J. Travis Hain Title: Managing Member BANC OF AMERICA CAPITAL MANAGEMENT, L.P. By: BACM I GP, LLC, its general partner By: /s/ J. Travis Hain Name: J. Travis Hain Title: Managing Member BACM I GP, LLC By: /s/ J. Travis Hain Name: J. Travis Hain Title: Managing Member /s/ J. Travis Hain J. Travis Hain Exhibit 99.1 EXHIBIT 99.1 - JOINT FILING AGREEMENT The undersigned hereby agree that they are filing this statement jointly pursuant to Rule 13d-1(k)(1). Each of them is responsible for the timely filing of such Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning such person contained therein; but none of them is responsible for the completeness or accuracy of the information concerning the other persons making the filing, unless such person knows or has reason to believe that such information is inaccurate. In accordance with Rule 13d-1(k)(1) promulgated under the Securities and Exchange Act of 1934, as amended, the undersigned hereby agree to the joint filing with each other on behalf of each of them of to such a statement on Schedule 13G with respect to the common stock of beneficially owned by each of them. This Joint Filing Agreement shall be included as an exhibit to such Schedule 13G. Dated: February 3, 2006 BANC OF AMERICA CAPITAL INVESTORS SBIC, L.P. By: Banc of America Capital Management SBIC, LLC, its general partner By: Banc of America Capital Management, L.P., its sole member By: BACM I GP, LLC, its general partner By: /s/ J. Travis Hain Name: J. Travis Hain Title: Managing Member BANC OF AMERICA CAPITAL MANAGEMENT SBIC, LLC By: Banc of America Capital Management, L.P., its sole member By: BACM I GP, LLC, its general partner By: /s/ J. Travis Hain Name: J. Travis Hain Title: Managing Member BANC OF AMERICA CAPITAL MANAGEMENT, L.P. By: BACM I GP, LLC, its general partner By: /s/ J. Travis Hain Name: J. Travis Hain Title: Managing Member BACM I GP, LLC By: /s/ J. Travis Hain Name: J. Travis Hain Title: Managing Member /s/ J. Travis Hain J. Travis Hain