UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. 2)
JAKKS Pacific, Inc.
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
47012E106
__________________________
(CUSIP Number)
13G
CUSIP No. 47012E106
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1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO.
Renaissance US Growth & Income Trust PLC None
_______________________________________________________________________________
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a)
(b)
_______________________________________________________________________________
3. SEC USE ONLY
_______________________________________________________________________________
4. CITIZENSHIP OR PLACE OF ORGANIZATION
England
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH:
_______________________________________________________________________________
5. SOLE VOTING POWER
521,739 shares
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6. SHARED VOTING POWER
None
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7. SOLE DISPOSITIVE POWER
521,739 shares
_______________________________________________________________________________
8. SHARED DISPOSITIVE POWER
None
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9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
521,739 shares
_______________________________________________________________________________
10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES*
Not applicable
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11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9
8.75%
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12. TYPE OF REPORTING PERSON
IV
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ITEM 1.
(a), (b) JAKKS Pacific, Inc. ("Company")
22761 Pacific Coast Hwy.
Malibu, CA 90265
ITEM 2.
(a) Name of Person Filing
Renaissance US Growth & Income Trust PLC ("Filer")
(b) Address of principal Business Office or, if none, Residence
8080 N. Central Expressway, Suite 210, LB 59
Dallas, TX 75206-1857
(c) Citizenship
England
(d) Title of Class of Securities
Common Stock
(e) CUSIP Number
None
ITEM 3. If this statement is filed pursuant to Rule 13d-1(b), or 13d-2(b),
check whether the person filing is a:
(a) ______ Broker or Dealer registered under Section 15 of the Act
(b) ______ Bank as defined in section 3(a)(6) of the Act
(c) ______ Insurance Company as defined in section 3(a)(19) of the Act
(d) ______ Investment Company registered under section 8 of the
Investment Company Act
(e) ______ Investment Adviser registered under section 203 of the
Investment Advisers Act of 1940
(f) ______ Employee Benefit Plan, Pension Fund which is subject to the
provisions of the Employee Retirement Income Security Act
of 1974 or Endowment Fund; see sections 240.13d-1(b)(1)(ii)(F)
(g) ______ Parent Holding Company, in accordance with sections
240.13d-1(b)(ii)(G) (Note: See Item 7)
(h) ______ Group, in accordance with sections 240.13d-1(b)(1)(ii)(H)
ITEM 4. Ownership.
(a) Amount Beneficially Owned:
At December 31, 1998, the position of Renaissance US Growth and
Income Trust PLC in the Company is a $3,000,000 9% Convertible
Debenture due December 1, 2003 and convertible into common stock
at $5.75 per share, giving this Filer 521,739 shares of the
Company's common stock on a fully converted basis. This position
is convertible within 60 days.
(b) Percent of Class
8.75%
(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
521,739 shares
(ii) shared power to vote or to direct the vote: None
(iii) sole power to dispose or to direct the disposition of:
521,739 shares
(iv) shared power to dispose or to direct the disposition of:
None
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.
Not applicable.
ITEM 8. Identification and Classification of Members of the Group.
Not applicable.
ITEM 9. Notice of Dissolution of Group.
Not applicable.
ITEM 10. Certification.
By signing below I certify that, to the best of my knowledge and belief,
the securities referred to above were acquired in the ordinary course of
business and were not acquired for the purpose of and do not have the effect
of changing or influencing the control of the issuer of such securities and
were not acquired in connection with or as a participant in any transaction
having such purposes or effect.
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.
/S/ Russell Cleveland
Date: March 11, 1999 ___________________________________________
Signature
Russell Cleveland, President & Director
Renaissance US Growth & Income Trust PLC
___________________________________________
Name and Title