Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940, 76453-76454 [2011-31298]
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Federal Register / Vol. 76, No. 235 / Wednesday, December 7, 2011 / Notices
404(d)(5). A procedural schedule has
been developed to accommodate this
statutory deadline. In the interest of
expedition, in light of the 120-day
decision schedule, the Commission may
request the Postal Service or other
participants to submit information or
memoranda of law on any appropriate
issue. As required by Commission rules,
if any motions are filed, responses are
due 7 days after any such motion is
filed. See 39 CFR 3001.21.
It is ordered:
1. The procedural schedule listed
below is hereby adopted.
2. Pursuant to 39 U.S.C. 505, Robert
N. Sidman is designated officer of the
Commission (Public Representative) to
76453
represent the interests of the general
public.
3. The Secretary shall arrange for
publication of this notice and order and
Procedural Schedule in the Federal
Register.
By the Commission.
Ruth Ann Abrams,
Acting Secretary.
PROCEDURAL SCHEDULE
November
November
November
December
December
15,
30,
30,
27,
20,
2011
2011
2011
2011
2011
..................................
..................................
..................................
..................................
..................................
January 9, 2012 ........................................
January 24, 2012 ......................................
January 31, 2012 ......................................
February 28, 2012 ....................................
Filing of Appeal.
Deadline for the Postal Service to file the applicable administrative record in this appeal.
Deadline for the Postal Service to file any responsive pleading.
Deadline for notices to intervene (see 39 CFR 3001.111(b)).
Deadline for Petitioners’ Form 61 or initial brief in support of petition (see 39 CFR 3001.115(a) and
(b)).
Deadline for answering brief in support of the Postal Service (see 39 CFR 3001.115(c)).
Deadline for reply briefs in response to answering briefs (see 39 CFR 3001.115(d)).
Deadline for motions by any party requesting oral argument; the Commission will schedule oral argument only when it is a necessary addition to the written filings (see 39 CFR 3001.116).
Expiration of the Commission’s 120-day decisional schedule (see 39 U.S.C. 404(d)(5)).
and Exchange Commission, 100 F Street
NE., Washington, DC 20549–1090.
FOR FURTHER INFORMATION
CONTACT: Diane L. Titus at (202) 551–
6810, SEC, Division of Investment
Management, Office of Investment
Company Regulation, 100 F Street NE.,
Washington, DC 20549–8010.
[FR Doc. 2011–31359 Filed 12–6–11; 8:45 am]
BILLING CODE 7710–FW–P
SECURITIES AND EXCHANGE
COMMISSION
[Release No. IC–29878]
Notice of Applications for
Deregistration Under Section 8(f) of the
Investment Company Act of 1940
srobinson on DSK4SPTVN1PROD with NOTICES
November 30, 2011.
The following is a notice of
applications for deregistration under
section 8(f) of the Investment Company
Act of 1940 for the month of November
2011. A copy of each application may be
obtained via the Commission’s Web site
by searching for the file number, or an
applicant using the Company name box,
at https://www.sec.gov/search/
search.htm or by calling (202) 551–
8090. An order granting each
application will be issued unless the
SEC orders a hearing. Interested persons
may request a hearing on any
application by writing to the SEC’s
Secretary at the address below and
serving the relevant applicant with a
copy of the request, personally or by
mail. Hearing requests should be
received by the SEC by 5:30 p.m. on
December 29, 2011, and should be
accompanied by proof of service on the
applicant, 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 who wish to be notified of a
hearing may request notification by
writing to the Secretary, U.S. Securities
VerDate Mar<15>2010
17:00 Dec 06, 2011
Jkt 226001
Veracity Funds [File No. 811–21483]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On May 13, 2011,
applicant transferred its assets to
Munder Veracity Small-Cap Value
Fund, a series of Munder Series Trust,
based on net asset value. Expenses of
$150,293 incurred in connection with
the reorganization were paid by
Integrity Asset Management, LLC,
applicant’s investment adviser.
Filing Date: The application was filed
on October 12, 2011, and amended on
November 17, 2011.
Applicant’s Address: Integrity Asset
Management, LLC, 18500 Lake Rd.,
Suite 300, Rocky River, OH 44116.
Old Mutual Emerging Managers Fund,
L.L.C. [File No. 811–21898]
Old Mutual Emerging Managers
Institutional Fund, L.L.C. [File No. 811–
21997]
Summary: Applicants, closed-end
investment companies, seek an order
declaring that they have each ceased to
be an investment company. On March
31, 2011, applicants transferred their
assets to Larch Lane Multi-Strategy
Fund, L.L.C. (f/k/a Old Mutual Absolute
Return Fund, L.L.C.) and Larch Lane
Multi-Strategy Institutional Fund, L.L.C.
(f/k/a/Old Mutual Absolute Return
Institutional Fund, L.L.C.), respectively,
PO 00000
Frm 00095
Fmt 4703
Sfmt 4703
based on net asset value. Expenses of
$119,600 and $10,400, respectively,
incurred in connection with the
reorganizations were allocated to
applicants; however, Larch Lane
Advisors LLC, investment adviser to
both applicants, will bear these
expenses in accordance with an expense
limitation agreement.
Filing Dates: The applications were
filed on August 12, 2011 and amended
on November 10, 2011.
Applicants’ Address: 800 Westchester
Ave., S–528, Rye Brook, NY 10573.
Old Mutual Emerging Managers Master
Fund, L.L.C. [File No. 811–21912]
Summary: Applicant, a closed-end
investment company and a master fund
in a master/feeder structure, seeks an
order declaring that it has ceased to be
an investment company. On March 31,
2011, applicant transferred its assets to
Larch Lane Multi-Strategy Master Fund,
L.L.C. (f/k/a Old Mutual Absolute
Return Master Fund, L.L.C.), based on
net asset value. Applicant incurred no
expenses in connection with the
reorganization.
Filing Dates: The application was
filed on August 12, 2011 and amended
on November 10, 2011.
Applicant’s Address: 800 Westchester
Ave., S–528, Rye Brook, NY 10573.
Larch Lane Multi-Strategy Fund, L.L.C.
[File No. 811–21896]
Larch Lane Multi-Strategy Institutional
Fund, L.L.C. [File No. 811–21998]
Summary: Applicants, closed-end
investment companies and feeder funds
in a master/feeder structure, seek an
order declaring that they have each
ceased to be an investment company.
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07DEN1
76454
Federal Register / Vol. 76, No. 235 / Wednesday, December 7, 2011 / Notices
On August 1, 2011, the master fund in
which each applicant invested
transferred its remaining assets and
specified liabilities to a Delaware
statutory trust (‘‘liquidating trust’’),
based on net asset value. Each
applicant’s investors received a pro rata
interest in the liquidating trust based on
the number of each applicant’s units
owned by the investor. The liquidating
trust periodically will make cash
distributions, based on each investor’s
pro rata ownership interest, as assets are
liquidated. Expenses of $73,125 and
$8,125, respectively, incurred in
connection with the liquidations were
paid by applicants.
Filing Dates: The applications were
filed on August 12, 2011, and August
15, 2011, respectively, and amended on
November 14, 2011.
Applicants’ Address: 800 Westchester
Ave., S–618, Rye Brook, NY 10573.
Larch Lane Multi-Strategy Master
Fund, L.L.C. [File No. 811–21911]
Summary: Applicant, a closed-end
investment company and a master fund
in a master/feeder structure, seeks an
order declaring that it has ceased to be
an investment company. On August 1,
2011, applicant transferred its
remaining assets and specified liabilities
to a Delaware statutory trust
(‘‘liquidating trust’’), based on net asset
value. Each investor in applicant’s
feeder funds received a pro rata interest
in the liquidating trust and will receive
periodic cash distributions from the
liquidating trust as its assets are
liquidated. Applicant incurred no
expenses in connection with the
liquidation.
Filing Dates: The application was
filed on August 12, 2011 and amended
on November 14, 2011.
Applicant’s Address: 800 Westchester
Ave., S–618, Rye Brook, NY 10573.
srobinson on DSK4SPTVN1PROD with NOTICES
Hatteras Ramius Advantage Fund [File
No. 811–22285]
Summary: Applicant, a closed-end
investment company and a feeder fund
in a master/feeder structure, seeks an
order declaring that it has ceased to be
an investment company. By August 18,
2011, applicant had repurchased all of
its shares at net asset value. Expenses of
$1,970 incurred in connection with
applicant’s liquidation were paid by
Hatteras Capital Investment
Management, LLC, investment adviser
to the master fund in which applicant
invested, or an affiliate.
Filing Dates: The application was
filed on August 26, 2011, and amended
on November 14, 2011.
VerDate Mar<15>2010
17:00 Dec 06, 2011
Jkt 226001
Applicant’s Address: 8540 Colonnade
Center Dr., Suite 401, Raleigh, NC
27615.
Hatteras Ramius Advantage
Institutional Fund [File No. 811–22284]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. By August 18,
2011, applicant had repurchased all of
its shares at net asset value, other than
those held by its investment adviser,
Hatteras Capital Investment
Management, LLC (‘‘Hatteras Capital’’).
Applicant continues to hold
approximately $569,925 in underlying
funds that impose restrictions on
investors redeeming their interests.
Hatteras Capital will remain applicant’s
sole shareholder during the completion
of applicant’s liquidation. Expenses of
$1,970 incurred in connection with the
liquidation will be paid by Hatteras
Capital or an affiliate.
Filing Dates: The application was
filed on August 26, 2011, and amended
on November 14, 2011.
Applicant’s Address: 8540 Colonnade
Center Dr., Suite 401, Raleigh, NC
27615.
Ibero-America Fund, Inc. [File No. 811–
5189]
Summary: Applicant, a closed-end
investment company, seeks an order
declaring that it has ceased to be an
investment company. On September 30,
2011, applicant made a liquidating
distribution to its shareholders, based
on net asset value. Expenses of $281,780
incurred in connection with the
liquidation were paid by applicant.
Filing Date: The application was filed
on October 31, 2011.
Applicant’s Address: 1345 Avenue of
the Americas, New York, NY 10105.
EquiTrust Series Fund, Inc. [File No.
811–2125]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On July 15, 2011,
applicant transferred its assets to
corresponding series of Money Market
Obligations Trust, Federated Total
Return Series, Inc., Federated
Investment Series Funds, Inc.,
Federated Asset Allocation Fund, and
Federated Equity Funds, based on net
asset value. Expenses of $743,975
incurred in connection with the
reorganization were paid by applicant’s
investment adviser, EquiTrust
Investment Management Services, Inc.,
or its affiliates.
Filing Date: The application was filed
on October 27, 2011.
PO 00000
Frm 00096
Fmt 4703
Sfmt 9990
Applicant’s Address: 5400 University
Ave., West Des Moines, IA 50266.
Legg Mason Light Street Trust, Inc. [File
No. 811–8943]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On December 15,
2009, applicant transferred its assets to
Legg Mason Partners Equity Trust, based
on net asset value. Expenses of $151,600
incurred in connection with the
reorganization were paid by applicant,
the acquiring fund and Legg Mason, Inc.
Filing Date: The application was filed
on November 10, 2011.
Applicant’s Address: 100
International Dr., 7th Floor, Baltimore,
MD 21202.
Metzler/Payden Investment Group [File
No. 811–21085]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On January 21,
2011, applicant transferred its assets to
Metzler/Payden European Emerging
Markets Fund, a series of Payden &
Rygel Investment Group, based on net
asset value. Expenses of $95,352
incurred in connection with the
reorganization were paid by applicant
and the acquiring fund.
Filing Date: The application was filed
on October 27, 2011.
Applicant’s Address: 333 South
Grand Ave., 32nd Floor, Los Angeles,
CA 90071.
EquiTrust Variable Insurance Series
Fund [File No. 811–5069]
Summary: Applicant seeks an order
declaring that it has ceased to be an
investment company. On July 15, 2011,
applicant transferred its assets to
corresponding series of Federated Prime
Money Fund II, Federated Quality Bond
Fund II, Federated Capital Income Fund
II and Federated Capital Appreciation
Fund II, all series of the Federated
Insurance Series, based on net asset
value. Expenses of approximately
$568,118 incurred in connection with
the reorganization were paid by
EquiTrust Investment Management
Services Inc. or its affiliates.
Filing Dates: The application was
filed on October 27, 2011.
Applicant’s Address: 5400 University
Avenue, West des Moines, IA 50266.
For the Commission, by the Division of
Investment Management, pursuant to
delegated authority.
Kevin M. O’Neill,
Deputy Secretary.
[FR Doc. 2011–31298 Filed 12–6–11; 8:45 am]
BILLING CODE 8011–01–P
E:\FR\FM\07DEN1.SGM
07DEN1
]]>Agencies
[Federal Register Volume 76, Number 235 (Wednesday, December 7, 2011)]
[Notices]
[Pages 76453-76454]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2011-31298]
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SECURITIES AND EXCHANGE COMMISSION
[Release No. IC-29878]
Notice of Applications for Deregistration Under Section 8(f) of
the Investment Company Act of 1940
November 30, 2011.
The following is a notice of applications for deregistration under
section 8(f) of the Investment Company Act of 1940 for the month of
November 2011. A copy of each application may be obtained via the
Commission's Web site by searching for the file number, or an applicant
using the Company name box, at https://www.sec.gov/search/search.htm or
by calling (202) 551-8090. An order granting each application will be
issued unless the SEC orders a hearing. Interested persons may request
a hearing on any application by writing to the SEC's Secretary at the
address below and serving the relevant applicant with a copy of the
request, personally or by mail. Hearing requests should be received by
the SEC by 5:30 p.m. on December 29, 2011, and should be accompanied by
proof of service on the applicant, 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 who wish to be notified of a hearing may
request notification by writing to the Secretary, U.S. Securities and
Exchange Commission, 100 F Street NE., Washington, DC 20549-1090.
FOR FURTHER INFORMATION CONTACT: Diane L. Titus at (202) 551-6810,
SEC, Division of Investment Management, Office of Investment Company
Regulation, 100 F Street NE., Washington, DC 20549-8010.
Veracity Funds [File No. 811-21483]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On May 13, 2011, applicant transferred its
assets to Munder Veracity Small-Cap Value Fund, a series of Munder
Series Trust, based on net asset value. Expenses of $150,293 incurred
in connection with the reorganization were paid by Integrity Asset
Management, LLC, applicant's investment adviser.
Filing Date: The application was filed on October 12, 2011, and
amended on November 17, 2011.
Applicant's Address: Integrity Asset Management, LLC, 18500 Lake
Rd., Suite 300, Rocky River, OH 44116.
Old Mutual Emerging Managers Fund, L.L.C. [File No. 811-21898]
Old Mutual Emerging Managers Institutional Fund, L.L.C. [File No. 811-
21997]
Summary: Applicants, closed-end investment companies, seek an order
declaring that they have each ceased to be an investment company. On
March 31, 2011, applicants transferred their assets to Larch Lane
Multi-Strategy Fund, L.L.C. (f/k/a Old Mutual Absolute Return Fund,
L.L.C.) and Larch Lane Multi-Strategy Institutional Fund, L.L.C. (f/k/
a/Old Mutual Absolute Return Institutional Fund, L.L.C.), respectively,
based on net asset value. Expenses of $119,600 and $10,400,
respectively, incurred in connection with the reorganizations were
allocated to applicants; however, Larch Lane Advisors LLC, investment
adviser to both applicants, will bear these expenses in accordance with
an expense limitation agreement.
Filing Dates: The applications were filed on August 12, 2011 and
amended on November 10, 2011.
Applicants' Address: 800 Westchester Ave., S-528, Rye Brook, NY
10573.
Old Mutual Emerging Managers Master Fund, L.L.C. [File No. 811-21912]
Summary: Applicant, a closed-end investment company and a master
fund in a master/feeder structure, seeks an order declaring that it has
ceased to be an investment company. On March 31, 2011, applicant
transferred its assets to Larch Lane Multi-Strategy Master Fund, L.L.C.
(f/k/a Old Mutual Absolute Return Master Fund, L.L.C.), based on net
asset value. Applicant incurred no expenses in connection with the
reorganization.
Filing Dates: The application was filed on August 12, 2011 and
amended on November 10, 2011.
Applicant's Address: 800 Westchester Ave., S-528, Rye Brook, NY
10573.
Larch Lane Multi-Strategy Fund, L.L.C. [File No. 811-21896]
Larch Lane Multi-Strategy Institutional Fund, L.L.C. [File No. 811-
21998]
Summary: Applicants, closed-end investment companies and feeder
funds in a master/feeder structure, seek an order declaring that they
have each ceased to be an investment company.
[[Page 76454]]
On August 1, 2011, the master fund in which each applicant invested
transferred its remaining assets and specified liabilities to a
Delaware statutory trust (``liquidating trust''), based on net asset
value. Each applicant's investors received a pro rata interest in the
liquidating trust based on the number of each applicant's units owned
by the investor. The liquidating trust periodically will make cash
distributions, based on each investor's pro rata ownership interest, as
assets are liquidated. Expenses of $73,125 and $8,125, respectively,
incurred in connection with the liquidations were paid by applicants.
Filing Dates: The applications were filed on August 12, 2011, and
August 15, 2011, respectively, and amended on November 14, 2011.
Applicants' Address: 800 Westchester Ave., S-618, Rye Brook, NY
10573.
Larch Lane Multi-Strategy Master Fund, L.L.C. [File No. 811-21911]
Summary: Applicant, a closed-end investment company and a master
fund in a master/feeder structure, seeks an order declaring that it has
ceased to be an investment company. On August 1, 2011, applicant
transferred its remaining assets and specified liabilities to a
Delaware statutory trust (``liquidating trust''), based on net asset
value. Each investor in applicant's feeder funds received a pro rata
interest in the liquidating trust and will receive periodic cash
distributions from the liquidating trust as its assets are liquidated.
Applicant incurred no expenses in connection with the liquidation.
Filing Dates: The application was filed on August 12, 2011 and
amended on November 14, 2011.
Applicant's Address: 800 Westchester Ave., S-618, Rye Brook, NY
10573.
Hatteras Ramius Advantage Fund [File No. 811-22285]
Summary: Applicant, a closed-end investment company and a feeder
fund in a master/feeder structure, seeks an order declaring that it has
ceased to be an investment company. By August 18, 2011, applicant had
repurchased all of its shares at net asset value. Expenses of $1,970
incurred in connection with applicant's liquidation were paid by
Hatteras Capital Investment Management, LLC, investment adviser to the
master fund in which applicant invested, or an affiliate.
Filing Dates: The application was filed on August 26, 2011, and
amended on November 14, 2011.
Applicant's Address: 8540 Colonnade Center Dr., Suite 401, Raleigh,
NC 27615.
Hatteras Ramius Advantage Institutional Fund [File No. 811-22284]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. By August 18,
2011, applicant had repurchased all of its shares at net asset value,
other than those held by its investment adviser, Hatteras Capital
Investment Management, LLC (``Hatteras Capital''). Applicant continues
to hold approximately $569,925 in underlying funds that impose
restrictions on investors redeeming their interests. Hatteras Capital
will remain applicant's sole shareholder during the completion of
applicant's liquidation. Expenses of $1,970 incurred in connection with
the liquidation will be paid by Hatteras Capital or an affiliate.
Filing Dates: The application was filed on August 26, 2011, and
amended on November 14, 2011.
Applicant's Address: 8540 Colonnade Center Dr., Suite 401, Raleigh,
NC 27615.
Ibero-America Fund, Inc. [File No. 811-5189]
Summary: Applicant, a closed-end investment company, seeks an order
declaring that it has ceased to be an investment company. On September
30, 2011, applicant made a liquidating distribution to its
shareholders, based on net asset value. Expenses of $281,780 incurred
in connection with the liquidation were paid by applicant.
Filing Date: The application was filed on October 31, 2011.
Applicant's Address: 1345 Avenue of the Americas, New York, NY
10105.
EquiTrust Series Fund, Inc. [File No. 811-2125]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On July 15, 2011, applicant transferred its
assets to corresponding series of Money Market Obligations Trust,
Federated Total Return Series, Inc., Federated Investment Series Funds,
Inc., Federated Asset Allocation Fund, and Federated Equity Funds,
based on net asset value. Expenses of $743,975 incurred in connection
with the reorganization were paid by applicant's investment adviser,
EquiTrust Investment Management Services, Inc., or its affiliates.
Filing Date: The application was filed on October 27, 2011.
Applicant's Address: 5400 University Ave., West Des Moines, IA
50266.
Legg Mason Light Street Trust, Inc. [File No. 811-8943]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On December 15, 2009, applicant transferred
its assets to Legg Mason Partners Equity Trust, based on net asset
value. Expenses of $151,600 incurred in connection with the
reorganization were paid by applicant, the acquiring fund and Legg
Mason, Inc.
Filing Date: The application was filed on November 10, 2011.
Applicant's Address: 100 International Dr., 7th Floor, Baltimore,
MD 21202.
Metzler/Payden Investment Group [File No. 811-21085]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On January 21, 2011, applicant transferred
its assets to Metzler/Payden European Emerging Markets Fund, a series
of Payden & Rygel Investment Group, based on net asset value. Expenses
of $95,352 incurred in connection with the reorganization were paid by
applicant and the acquiring fund.
Filing Date: The application was filed on October 27, 2011.
Applicant's Address: 333 South Grand Ave., 32nd Floor, Los Angeles,
CA 90071.
EquiTrust Variable Insurance Series Fund [File No. 811-5069]
Summary: Applicant seeks an order declaring that it has ceased to
be an investment company. On July 15, 2011, applicant transferred its
assets to corresponding series of Federated Prime Money Fund II,
Federated Quality Bond Fund II, Federated Capital Income Fund II and
Federated Capital Appreciation Fund II, all series of the Federated
Insurance Series, based on net asset value. Expenses of approximately
$568,118 incurred in connection with the reorganization were paid by
EquiTrust Investment Management Services Inc. or its affiliates.
Filing Dates: The application was filed on October 27, 2011.
Applicant's Address: 5400 University Avenue, West des Moines, IA
50266.
For the Commission, by the Division of Investment Management,
pursuant to delegated authority.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2011-31298 Filed 12-6-11; 8:45 am]
BILLING CODE 8011-01-P
