Registration Under the Advisers Act of Certain Hedge Fund Advisers, 9682-9683 [05-3725]

Download as PDF 9682 Federal Register / Vol. 70, No. 38 / Monday, February 28, 2005 / Notices meeting in a manner that will facilitate the orderly conduct of business. The following procedures apply to public participation in the meeting: 1. Persons who wish to provide a written statement should submit a reproducible copy to Angela R. McIntosh, U.S. Nuclear Regulatory Commission, Two White Flint North, Mail Stop T8F5, 11545 Rockville Pike, Rockville, MD 20852–2738. Submittals must be postmarked by April 1, 2005, and must pertain to the topics on the agenda for the meeting. 2. Questions from members of the public will be permitted during the meeting, at the discretion of the Chairman. 3. The transcript and written comments will be available for inspection on NRC’s Web site (https:// www.nrc.gov) and at the NRC Public Document Room, 11555 Rockville Pike, Rockville, MD 20852–2738, telephone (800) 397–4209, on or about July 20, 2005. This meeting will be held in accordance with the Atomic Energy Act of 1954, as amended (primarily Section 161a); the Federal Advisory Committee Act (5 U.S.C. App); and the Commission’s regulations in Title 10, U.S. Code of Federal Regulations, part 7. 4. Attendees are requested to notify Angela R. McIntosh at (301) 415–5030 of their planned attendance if special services, such as for the hearing impaired, are necessary. Dated at Rockville, Maryland, this 22nd day of February, 2005. For the Nuclear Regulatory Commission. Andrew L. Bates, Advisory Committee Management Officer. [FR Doc. 05–3734 Filed 2–25–05; 8:45 am] BILLING CODE 7590–01–P NUCLEAR REGULATORY COMMISSION Availability of the Office of Nuclear Regulatory Research Draft Report Entitled, ‘‘Station Blackout Risk Evaluation for Nuclear Power Plants,’’ for Comment Nuclear Regulatory Commission. ACTION: Notice of availability of the Office of Nuclear Regulatory Research draft report entitled, ‘‘Station Blackout Risk Evaluation for Nuclear Power Plants,’’ and request for public comment. AGENCY: SUMMARY: The Nuclear Regulatory Commission (NRC) is announcing the availability of the Office of Nuclear Regulatory Research draft report VerDate jul<14>2003 18:21 Feb 25, 2005 Jkt 205001 entitled, ‘‘Station Blackout Risk Evaluation for Nuclear Power Plants.’’ DATES: Comments on this document should be submitted by April 15, 2005. Comments received after that date will be considered to the extent practicable. To ensure efficient and complete comment resolution, comments should include references to the section, page, and line numbers of the document to which the comment applies, if possible. ADDRESSES: Members of the public are invited and encouraged to submit written comments to Michael Lesar, Chief Rules and Directives Branch, Office of Administration, Mail Stop T– 6D59, U.S. Nuclear Regulatory Commission, Washington, DC 20555– 0001. Hand-deliver comments attention to Michael Lesar, 11545 Rockville Pike, Rockville, MD, between 7:30 a.m. and 4:15 p.m. on Federal workdays. Comments may also be sent electronically to: NRCREP@nrc.gov. This document is available at the Agencywide Documents Access and Management System (ADAMS) Public Electronic Reading Room on the Internet at the NRC Web site at https:// www.nrc.gov/reading-rm/adams.html under Accession No. ML050140399, and at the NRC Public Document Room, 11555 Rockville Pike, Rockville, MD. The PDR’s mailing address is USNRC PDR, Washington, DC 20555; telephone (301) 415–4737 or (800) 397–4205; fax (301) 415–3548; e-mail PDR@NRC.GOV. FOR FURTHER INFORMATION CONTACT: Dale M. Rasmuson, Division of Risk Analysis and Applications, Office of Nuclear Regulatory Research, U.S. Nuclear Regulatory Commission, Washington, DC 20555–0001. Telephone: 301–415– 7571, e-mail: dmr@nrc.gov. SUPPLEMENTARY INFORMATION: Draft Report Entitled, ‘‘Station Blackout Risk Evaluation for Nuclear Power Plants’’ This report is an update of several previous reports analyzing the risk from loss of offsite power and subsequent station blackout events at U.S. commercial nuclear power plants. The risk measure used is core damage frequency. Standardized plant analysis risk (SPAR) models developed by the U.S. Nuclear Regulatory Commission, covering the 103 operating commercial nuclear power plants, were used to evaluate the risk. Core damage frequency results indicating contributions from station blackout scenarios and other loss of offsite power scenarios are presented for each of the 103 plants, along with plant class and industry averages. In addition, a comprehensive review of emergency PO 00000 Frm 00075 Fmt 4703 Sfmt 4703 diesel generator performance was performed to obtain current estimates for input to the SPAR models. Overall results indicate that core damage frequencies for loss of offsite power and station blackout are lower than previous estimates. Contributing to this risk reduction is an improvement in emergency diesel generator performance. The NRC is seeking public comment in order to receive feedback from the widest range of parties and to ensure that all information relevant to developing this document is available to the NRC staff. This document is issued for comment only and is not intended for interim use. The NRC will review public comments received on the document, incorporate suggested changes as necessary, and issue the final report for use. The NRC will review public comments received on the document, incorporate suggested changes as necessary, and issue the final report for use. Dated at Rockville, Maryland, this 16th day of February, 2005. For the Nuclear Regulatory Commission. Charles E. Ader, Director, Division of Risk Analysis and Applications, Office of Nuclear Regulatory Research. [FR Doc. 05–3736 Filed 2–25–05; 8:45 am] BILLING CODE 7590–01–P SECURITIES AND EXCHANGE COMMISSION [Release Nos. IA–2360; File No. S7–30–04] RIN 3235–AJ25 Registration Under the Advisers Act of Certain Hedge Fund Advisers Securities and Exchange Commission. ACTION: Notice of OMB approval of collections of information. AGENCY: FOR FURTHER INFORMATION CONTACT: Vivien Liu, Senior Counsel, Office of Investment Adviser Regulation, Division of Investment Management, (202) 551– 6787, at the Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549–0506. SUPPLEMENTARY INFORMATION: The Office of Management and Budget has approved the changes to collection of information requirements described in Registration Under the Advisers Act of Certain Hedge Fund Advisers.1 These collections are titled ‘‘Form ADV’’ (OMB Control No. 3235–0049); ‘‘Form 1 Investment Advisers Act Rel. No. 2333 (Dec. 2, 2004) [69 FR 72054 (Dec. 10, 2004)]. E:\FR\FM\28FEN1.SGM 28FEN1 Federal Register / Vol. 70, No. 38 / Monday, February 28, 2005 / Notices ADV-NR’’ (OMB Control No. 3235– 0240); ‘‘Form ADV-W and Rule 203–2’’ (OMB Control No. 3235–0313); ‘‘Rule 203–3 and Form ADV-H’’ (OMB Control No. 3235–0538); ‘‘Rule 204–2’’ (OMB Control No. 3235–0278); ‘‘Rule 204–3’’ (OMB Control No. 3235–0047); ‘‘Rule 204A–1’’ (OMB Control No. 3235–0596); ‘‘Rule 206(4)–2’’ (OMB Control No. 3235–0241); ‘‘Rule 206(4)–3’’ (OMB Control No. 3235–0242); ‘‘Rule 206(4)– 4’’ (OMB Control No. 3235–0345); ‘‘Rule 206(4)–6’’ (OMB Control No. 3235– 0571); and ‘‘Rule 206(4)–7’’ (OMB Control No. 3235–0585). Dated: February 22, 2005. Margaret H. McFarland, Deputy Secretary. [FR Doc. 05–3725 Filed 2–25–05; 8:45 am] BILLING CODE 8010–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. IC–26763; 812–13037] Emerging Markets Growth Fund, Inc., et al.; Notice of Application Securities and Exchange Commission (‘‘Commission’’). ACTION: Notice of application under sections 6(c) and 17(b) of the Investment Company Act of 1940 (the ‘‘Act’’) for an exemption from sections 2(a)(3)(A) and (D) and 17(a) of the Act, and under section 17(d) of the Act and rule 17d– 1 under the Act to permit certain joint transactions. AGENCY: February 22, 2005. Summary of Application: The order would permit Emerging Markets Growth Fund, Inc. (the ‘‘Fund’’) to invest in an affiliated investment vehicle, Capital International Private Equity Fund IV, L.P. (the ‘‘Partnership’’). Applicants: The Fund, the Partnership, Capital International Investments IV, L.P. (the ‘‘General Partner’’), Capital International Investments IV, LLC (‘‘CII LLC’’), Capital International, Inc. (the ‘‘Manager’’), Capital Group International, Inc. (‘‘CGII’’), and CGPE IV, L.P. (‘‘CGPE’’). Filing Dates: The application was filed on November 10, 2003 and amended on January 21, 2005. Applicants have agreed to file an amendment during the notice period, the substance of which is reflected in this notice. Hearing or Notification of Hearing: An order granting the application will be issued unless the SEC orders a hearing. Interested persons may request a hearing by writing to the SEC’s DATES: VerDate jul<14>2003 16:34 Feb 25, 2005 Jkt 205001 Secretary and serving applicants with a copy of the request, personally or by mail. Hearing requests should be received by the Commission by 5:30 p.m. on March 22, 2005, and should be accompanied by proof of service on applicants, in the form of an affidavit, or, for lawyers, a certificate of service. Hearing requests should state the nature of the writer’s interest, the reason for the request, and the issues contested. Persons may request notification of a hearing by writing to the Commission’s Secretary. ADDRESSES: Secretary, Commission, 450 Fifth, NW., Washington, DC 20549– 0609. Applicants, c/o Capital International, Inc., 11100 Santa Monica Boulevard, Los Angeles, CA 90025. FOR FURTHER INFORMATION CONTACT: Jaea F. Hahn, Senior Counsel, at (202) 551– 6870 or Todd F. Kuehl, Branch Chief, at (202) 551–6821 (Division of Investment Management, Office of Investment Company Regulation). SUPPLEMENTARY INFORMATION: The following is a summary of the application. The complete application is available for a fee at the Commission’s Public Reference Branch, 450 Fifth Street, NW., Washington, DC 20549– 0102 (telephone (202) 942–8090). Applicants’ Representations 1. The Fund, a Maryland corporation, is an open-end management investment company registered under the Act. The Fund’s shares are registered under the Securities Act of 1933. The Fund’s investment objective is to seek longterm capital growth by investing in equity securities of issuers in developing countries. The Fund may invest up to 10% of its assets in developing country securities that are not readily marketable. The Fund currently invests in nine private equity funds that invest in various regions globally and that are sponsored and advised by entities unaffiliated with the Manager.1 2. The Fund operates as an open-end interval fund under an exemptive order received from the Commission.2 Since January 1, 1999, the Fund has limited new investors in the Fund to those who are ‘‘qualified purchasers,’’ within the meaning of section 2(a)(51) of the Act. 3. The Partnership is organized as a limited partnership under the laws of Delaware. The Partnership relies on the exception from the definition of 1 None of the Fund’s current commitments to any single private equity fund exceeds 1% of the Fund’s net assets. 2 Emerging Markets Growth Fund, Inc., et al., Investment Company Release Nos. 23433 (Sept. 11, 1998) (notice) and 23481 (Oct. 6, 1998) (order). PO 00000 Frm 00076 Fmt 4703 Sfmt 4703 9683 investment company in section 3(c)(7) of the Act. The investment objective of the Partnership is to seek long-term capital appreciation through privately negotiated and equity-related investments (‘‘Equity Investments’’) primarily in emerging market companies.3 The General Partner of the Partnership is a Delaware limited partnership, wholly-owned by CGII and the Manager.4 CGII is a wholly-owned subsidiary of The Capital Group Companies, Inc. (‘‘Capital Group’’). The General Partner will make a capital commitment to the Partnership equal to at least the lesser of 5% of the aggregate commitments of the Partnership or U.S. $50 million.5 4. The Fund proposes to invest in the Partnership an amount not exceeding the lesser of $75 million (less than 1% of the Fund’s total net assets as of June 30, 2004) or 10% of all the Partnership’s interests (‘‘Proposed Investment’’). Applicants state that investing through the Partnership in Equity Investments would enable the Fund to achieve greater diversification by participating in many more investments than would be the case if the Fund invested directly in Equity Investments. In addition, applicants state that, given the Fund’s current fee and expense structure, and the resource-intensive nature of the investment process for Equity Investments, it is not cost-effective for the Fund to invest directly in Equity Investments on a diversified basis. The Fund’s board of directors (the ‘‘Board’’), including a majority of the directors who are not ‘‘interested persons’’ of the Fund, as defined in section 2(a)(19) of the Act (‘‘Independent Directors’’), has authorized the Proposed Investment. Of the Fund’s thirteen member Board, nine are Independent Directors.6 Of the nine Independent Directors, none is or will be a direct investor in CGPE, and eight 3 The Partnership may also invest up to 20% of its aggregate capital commitments in companies that have their primary business activities in developed markets outside the United States. 4 The general partner of the General Partner is CII LLC and the limited partners consist of certain employees (the ‘‘Private Equity Investment Officers’’) of the Manager or one of its affiliated companies. 5 CGPE, a fund established by an affiliate of the General Partner for the benefit of its employees, will co-invest with the Partnership on a pro rata basis in accordance with their respective capital commitments. CGPE’s general partner is CII LLC and its limited partners are the ‘‘Associates’’. 6 The Fund must satisfy the fund governance standards as defined in Rule 0–1(a)(7) under the Act by January 15, 2006 as a condition to the order. The Fund is currently considering approaches to increase the percentage of independent directors to meet the requirements of Rule 0–1(a)(7) and is in the process of defining the role of independent chairman and identifying potential candidates to serve as chairman of the Board. E:\FR\FM\28FEN1.SGM 28FEN1

Agencies

[Federal Register Volume 70, Number 38 (Monday, February 28, 2005)]
[Notices]
[Pages 9682-9683]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 05-3725]


=======================================================================
-----------------------------------------------------------------------

SECURITIES AND EXCHANGE COMMISSION

[Release Nos. IA-2360; File No. S7-30-04]
RIN 3235-AJ25


Registration Under the Advisers Act of Certain Hedge Fund 
Advisers

AGENCY: Securities and Exchange Commission.

ACTION: Notice of OMB approval of collections of information.

-----------------------------------------------------------------------

FOR FURTHER INFORMATION CONTACT: Vivien Liu, Senior Counsel, Office of 
Investment Adviser Regulation, Division of Investment Management, (202) 
551-6787, at the Securities and Exchange Commission, 450 Fifth Street, 
NW, Washington, DC 20549-0506.

SUPPLEMENTARY INFORMATION: The Office of Management and Budget has 
approved the changes to collection of information requirements 
described in Registration Under the Advisers Act of Certain Hedge Fund 
Advisers.\1\ These collections are titled ``Form ADV'' (OMB Control No. 
3235-0049); ``Form

[[Page 9683]]

ADV-NR'' (OMB Control No. 3235-0240); ``Form ADV-W and Rule 203-2'' 
(OMB Control No. 3235-0313); ``Rule 203-3 and Form ADV-H'' (OMB Control 
No. 3235-0538); ``Rule 204-2'' (OMB Control No. 3235-0278); ``Rule 204-
3'' (OMB Control No. 3235-0047); ``Rule 204A-1'' (OMB Control No. 3235-
0596); ``Rule 206(4)-2'' (OMB Control No. 3235-0241); ``Rule 206(4)-3'' 
(OMB Control No. 3235-0242); ``Rule 206(4)-4'' (OMB Control No. 3235-
0345); ``Rule 206(4)-6'' (OMB Control No. 3235-0571); and ``Rule 
206(4)-7'' (OMB Control No. 3235-0585).
---------------------------------------------------------------------------

    \1\ Investment Advisers Act Rel. No. 2333 (Dec. 2, 2004) [69 FR 
72054 (Dec. 10, 2004)].

    Dated: February 22, 2005.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 05-3725 Filed 2-25-05; 8:45 am]
BILLING CODE 8010-01-P
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.