Initial Statement of Beneficial Ownership (3)

FORM 3	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES	OMB APPROVAL OMB Number: 3235-0104 Estimated average burden hours per response... 0.5
	Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person * MGG Investment Group LP	2. Date of Event Requiring Statement (MM/DD/YYYY) 12/19/2019	3. Issuer Name and Ticker or Trading Symbol KLDiscovery Inc. [KLDI]
(Last)        (First)        (Middle) ONE PENN PLAZA, 53RD FLOOR	4. Relationship of Reporting Person(s) to Issuer (Check all applicable) __X__ Director                          ___X___ 10% Owner _____ Officer (give title below)        ___X___ Other (specify below) / See remarks
(Street) NEW YORK, NY 10119       (City)              (State)              (Zip)	5. If Amendment, Date Original Filed(MM/DD/YYYY)	6. Individual or Joint/Group Filing(Check Applicable Line) ___ Form filed by One Reporting Person _X_ Form filed by More than One Reporting Person

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)
Common Stock	250000	I	See Footnote (1)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 4)	2. Date Exercisable and Expiration Date (MM/DD/YYYY)		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
8.00% Convertible Debenture Due December 19, 2024 (2)	12/19/2019 (2)	12/19/2024	Common Stock (2)	5555556 (2)	$18.00	I	See Footnote (1)

Explanation of Responses:
(1)	MGG Investment Group LP ("MGG") is the investment advisor to certain investment funds and/or accounts ("MGG Funds") that hold the debentures reported herein. Gregory Racz ("Mr. Racz", and together with MGG, the "Reporting Persons") is the President and Chief Legal Officer of MGG. Kevin Griffin ("Mr. Griffin") is the Chief Executive Officer of MGG. The Reporting Persons and Mr. Griffin each disclaim beneficial ownership of the securities held by the MGG Funds, except to the extent of its or his pecuniary interest therein.
(2)	The holder of the debentures may, at its option, require the Issuer to convert all (and not less than all) of the then-outstanding principal amount (including any interest paid in kind) of the debentures (and any or all accrued and unpaid interest thereon and all other amounts owing to the holder under the debentures, subject to certain exceptions). Accordingly, the principal amount of debentures owned by the holders and the number of shares of common stock issuable upon conversion of the debentures may increase from time to time.

Remarks: MGG may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934, as amended, by virtue of the fact that Mr. Griffin currently serves on the board of directors of the Issuer.

Reporting Owners
Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
MGG Investment Group LP ONE PENN PLAZA, 53RD FLOOR NEW YORK, NY 10119	X	X		See remarks
Racz Greg ONE PENN PLAZA, 53RD FLOOR NEW YORK, NY 10119	X	X		See remarks

Signatures
/s/ MGG Investment Group LP, by Gregory Racz, President & Chief Legal Officer		12/27/2019
**Signature of Reporting Person		Date
/s/ Gregory Racz		12/27/2019
**Signature of Reporting Person		Date