Ownership Submission
FORM 3
 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  HMREP LP
 2. Date of Event Requiring Statement (Month/Day/Year)
06/18/2007		 3. Issuer Name and Ticker or Trading Symbol
Regency Energy Partners LP [RGNC]
(Last)
(First)
(Middle)
200 CRESCENT COURT, SUITE 1600		 4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

DALLAS, TX 75201		 6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)		 2. Amount of Securities Beneficially Owned
(Instr. 4)		 3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)		 4. Nature of Indirect Beneficial Ownership
(Instr. 5)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)		 2. Date Exercisable and Expiration Date
(Month/Day/Year)		 3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)		 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)		 6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Subordinated Units   (1)   (1) Common Units 16,699,462 $ (1) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
HMREP LP
200 CRESCENT COURT
SUITE 1600
DALLAS, TX 75201		     X    
HMTF Regency, L.L.C.
200 CRESCENT COURT
SUITE 1600
DALLAS, TX 75201		     X    
Hicks, Muse, Tate & Furst Equity Fund V, L.P.
200 CRESCENT COURT
SUITE 1600
DALLAS, TX 75201		     X    
HM5/GP, LLC
200 CRESCENT COURT
SUITE 1600
DALLAS, TX 75201		     X    

Signatures

HMREP LP, By: HMTF Regency, L.L.C., its general partner, By: /s/ David W. Knickel, Vice President 06/20/2007
**Signature of Reporting Person Date
HMTF REGENCY, L.L.C., By: /s/ David W. Knickel, Vice President 06/20/2007
**Signature of Reporting Person Date
HICKS, MUSE, TATE & FURST EQUITY FUND V, L.P., By: HM5/GP LLC, its general partner, By: /s/ David W. Knickel, Vice President 06/20/2007
**Signature of Reporting Person Date
HM5/GP LLC, By: /s/ David W. Knickel, Vice President 06/20/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The subordinated units shall convert into common units on a one-for-one basis after December 31, 2006, upon satisfaction of the conditions for conversion set forth in the Issuer's First Amended and Restated Agreement of Limited Partnership. The conditions are based on the amount of quarterly distributions by the Issuer with respect to its common and subordinated units. The subordinated units have no expiration date.
 
Remarks:
This Form 3 is filed by each of HMREP LP (HMREP); HMTF Regency, L.L.C. (HMTF GP); Hicks, Muse, Tate & Furst Equity Fund V, L.P. (Fund V); and HM5/GP LLC (the HM5/GP).  HM5/GP is the general partner of Fund V, which is the sole member of HMTF GP which is the general partner of HMREP, which directly owns the Subordinated Units reported herein.  Each reporting person, other than HMREP, disclaims beneficial ownership of these securities (except to the extent of such reporting persons indirect pecuniary interest in such securities described above), and this report shall not be deemed an admission that such reporting person is the beneficial owner of such securities for purposes of Section 16 or any other purpose.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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