Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940, 61407-61408 [2013-24222]

Download as PDF tkelley on DSK3SPTVN1PROD with NOTICES Federal Register / Vol. 78, No. 192 / Thursday, October 3, 2013 / Notices (ii) formulate a recommendation as to participation by the Company in the disposition. (b) The Company will have the right to participate in such disposition on a proportionate basis, at the same price and on the same terms and conditions as those applicable to the participating Funds. (c) The Company may participate in such disposition without obtaining prior approval of the Required Majority if: (i) The proposed participation of the Company and each Fund in such disposition is proportionate to its outstanding investment in the issuer immediately preceding the disposition; (ii) the Board has approved as being in the best interests of the Company the ability to participate in such dispositions on a pro rata basis (as described in greater detail in the application); and (iii) the Board is provided on a quarterly basis with a list of all dispositions made in accordance with this condition. In all other cases, the Adviser will provide its written recommendation as to the Company’s participation to the Eligible Directors, and the Company will participate in such disposition solely to the extent that a Required Majority determines that it is in the Company’s best interests. (d) The Company and each participating Fund will bear its own expenses in connection with any such disposition. 8. (a) If any Fund desires to make a Follow-On Investment in a portfolio company whose securities were acquired in a Co-Investment Transaction, the Adviser will: (i) Notify the Company of the proposed transaction at the earliest practical time; and (ii) formulate a recommendation as to the proposed participation, including the amount of the proposed Follow-On Investment, by the Company. (b) The Company may participate in such Follow-On Investment without obtaining prior approval of the Required Majority if: (i) The proposed participation of the Company and each Fund in such investment is proportionate to its outstanding investments in the issuer immediately preceding the Follow-On Investment; and (ii) the Board has approved as being in the best interests of the Company the ability to participate in Follow-On Investments on a pro rata basis (as described in greater detail in this application). In all other cases, the Adviser will provide its written recommendation as to the Company’s participation to the Eligible Directors, and the Company will participate in such Follow-On Investment solely to the VerDate Mar<15>2010 18:29 Oct 02, 2013 Jkt 232001 extent that a Required Majority determines that it is in the Company’s best interests. (c) If, with respect to any Follow-On Investment: (i) The amount of the opportunity is not based on the Company’s and the Funds’ outstanding investments immediately preceding the Follow-On Investment; and (ii) the aggregate amount recommended by the Adviser to be invested by the Company in the FollowOn Investment, together with the amount proposed to be invested by the participating Funds in the same transaction, exceeds the amount of the opportunity; then the amount invested by each such party will be allocated among them pro rata based on each party’s total assets, up to the amount proposed to be invested by each. (d) The acquisition of Follow-On Investments as permitted by this condition will be considered a CoInvestment Transaction for all purposes and subject to the other conditions set forth in the application. 9. The Independent Directors will be provided quarterly for review all information concerning Potential CoInvestment Transactions and CoInvestment Transactions, including investments made by the Funds that the Company considered but declined to participate in, so that the Independent Directors may determine whether all investments made during the preceding quarter, including those investments that the Company considered but declined to participate in, comply with the conditions of the order. In addition, the Independent Directors will consider at least annually the continued appropriateness for the Company of participating in new and existing CoInvestment Transactions. 10. The Company will maintain the records required by section 57(f)(3) of the Act as if each of the investments permitted under these conditions were approved by the Required Majority under section 57(f). 11. No Independent Director will also be a director, general partner, managing member or principal, or otherwise an ‘‘affiliated person’’ (as defined in the Act), of any of the Funds. 12. The expenses, if any, associated with acquiring, holding or disposing of any securities acquired in a CoInvestment Transaction (including, without limitation, the expenses of the distribution of any such securities registered for sale under the 1933 Act) will, to the extent not payable by the Adviser under its respective investment PO 00000 Frm 00087 Fmt 4703 Sfmt 4703 61407 advisory agreements with the Company and the Funds, be shared by the Company and the Funds in proportion to the relative amounts of the securities held or being acquired or disposed of, as the case may be. 13. Any transaction fee (including break-up or commitment fees but excluding broker’s fees contemplated by section 17(e) or 57(k), as applicable) received in connection with a CoInvestment Transaction will be distributed to the Company and the participating Funds on a pro rata basis based on the amounts they invested or committed, as the case may be, in such Co-Investment Transaction. If any transaction fee is to be held by the Adviser pending consummation of the transaction, the fee will be deposited into an account maintained by the Adviser at a bank or banks having the qualifications prescribed in section 26(a)(1), and the account will earn a competitive rate of interest that will also be divided pro rata among the Company and the participating Funds based on the amounts they invest in such CoInvestment Transaction. None of the Adviser, the Funds nor any affiliated person of the Company will receive additional compensation or remuneration of any kind as a result of or in connection with a Co-Investment Transaction (other than (a) in the case of the Company and the participating Funds, the pro rata transaction fees described above and fees or other compensation described in condition 2(c)(iii)(C), and (b) in the case of the Adviser, investment advisory fees paid in accordance with the respective agreements between the Adviser and the Company or the Funds). For the Commission, by the Division of Investment Management, under delegated authority. Kevin M. O’Neill, Deputy Secretary. [FR Doc. 2013–24239 Filed 10–2–13; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. IC—30738] Notice of Applications for Deregistration Under Section 8(f) of the Investment Company Act of 1940 September 27, 2013. The following is a notice of applications for deregistration under section 8(f) of the Investment Company Act of 1940 for the month of September 2013. A copy of each application may be obtained via the Commission’s Web site E:\FR\FM\03OCN1.SGM 03OCN1 61408 Federal Register / Vol. 78, No. 192 / Thursday, October 3, 2013 / Notices by searching for the file number, or for 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 October 22, 2013, 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, Exemptive Applications Office, 100 F Street NE., Washington, DC 20549– 8010. Claymore China Strategy Fund [File No. 811–22124] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant has never made a public offering of its securities and does not propose to engage in any business activity other than those necessary for winding up it affairs. Filing Date: The application was filed on September 17, 2013. Applicant’s Address: 2455 Corporate West Drive, Lisle, IL 60532. tkelley on DSK3SPTVN1PROD with NOTICES [File No. 811–6727] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. On June 27, 2013, applicant made a liquidating distribution to its shareholders, based on net asset value. Expenses of $2,970 incurred in connection with the liquidation were paid by applicant and its investment adviser. Filing Date: The application was filed on September 11, 2013. Applicant’s Address: c/o Fairfax Global Markets, LLC, 2 West Washington St., Middleburg, VA 20118. 18:29 Oct 02, 2013 [File No. 811–22354] Summary: Applicant, a closed-end investment company, seeks an order declaring that it has ceased to be an investment company. Applicant transferred its assets to Grosvenor Registered Multi-Strategy Fund (TI2), LLC, and on January 1, 2013, made a distribution to its shareholders based on net asset value. Applicant has retained $24,109 in outstanding assets to pay off its outstanding liabilities. Expenses of $152,274 incurred in connection with the reorganization were paid by Grosvenor Registered Multi-Strategy Master Fund, LLC, applicant’s master fund. Filing Date: The application was filed on September 13, 2013. Applicant’s Address: 900 North Michigan Ave., Suite 1100, Chicago, IL 60611. RiverSource Dimensions Series Inc. [File No. 811–1629] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. Applicant has transferred its assets to corresponding series of Columbia Funds Series Trust and Columbia Funds Series Trust I, and, on May 31, 2011, made a distribution to its shareholders based on net asset value. Expenses of $82,382 incurred in connection with the reorganization were paid by applicant and applicant’s investment adviser, Columbia Management Investment Advisers, LLC. Filing Dates: The application was filed on March 8, 2013, and amended on July 17, 2013, and September 11, 2013. Applicant’s Address: 901 Marquette Ave. South, Suite 2810, Minneapolis, MN 55402–3268. Seligman Growth Fund, Inc. Filing Date: The applications were filed on September 10, 2013. Applicants’ Address: 901 Marquette Avenue South, Suite 2810, Minneapolis, MN 55402–3268. International Equity Portfolio/MA [File No. 811–21867] Summary: Applicant seeks an order declaring that it has ceased to be an investment company. On April 21, 2011, applicant made a liquidating distribution to its shareholders, based on net asset value. Applicant incurred no expenses in connection with the liquidation. Filing Dates: The application was filed on November 30, 2012, and amended on September 20, 2013. Applicant’s Address: Two International Place, Boston, MA 02110. For the Commission, by the Division of Investment Management, pursuant to delegated authority. Kevin M. O’Neill, Deputy Secretary. [FR Doc. 2013–24222 Filed 10–2–13; 8:45 am] BILLING CODE 8011–01–P SECURITIES AND EXCHANGE COMMISSION [Release No. 34–70535; File No. SR–NASDAQ–2013–128] Self-Regulatory Organizations; The NASDAQ Stock Market LLC; Notice of Filing and Immediate Effectiveness of Proposed Rule Change To Amend the NASDAQ Listing Standards Related to Compliance Determinations for Market Value of Listed Securities and Market Value of Publicly-Held Shares Deficiencies Jkt 232001 [File No. 811–229] September 27, 2013. Seligman LaSalle Real Estate Fund Series, Inc. Dominion Funds, Inc. VerDate Mar<15>2010 Grosvenor Registered Multi-Strategy Fund (TE), LLC Pursuant to Section 19(b)(1) of the Securities Exchange Act of 1934 (‘‘Act’’),1 and Rule 19b–4 thereunder,2 notice is hereby given that on September 26, 2013, The NASDAQ Stock Market LLC (‘‘NASDAQ’’ or ‘‘Exchange’’) filed with the Securities and Exchange Commission (‘‘SEC’’ or ‘‘Commission’’) the proposed rule change as described in Items I, II, and III, below, which Items have been prepared by the Exchange. The Commission is publishing this notice to solicit comments on the proposed rule change from interested persons. [File No. 811–21365] Summary: Each applicant seeks an order declaring that it has ceased to be an investment company. Applicants transferred their assets to corresponding series of Columbia Fund Series Trust I, and on or prior to April 5, 2011, made final distributions to their shareholders based on net asset value. Expenses of $729,844 and $77,689, respectively, incurred in connection with the reorganization were paid by applicants and Columbia Management Investment Advisers, LLC, applicants’ investment adviser. PO 00000 Frm 00088 Fmt 4703 Sfmt 4703 1 15 2 17 E:\FR\FM\03OCN1.SGM U.S.C. 78s(b)(1). CFR 240.19b–4. 03OCN1

Agencies

[Federal Register Volume 78, Number 192 (Thursday, October 3, 2013)]
[Notices]
[Pages 61407-61408]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-24222]


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SECURITIES AND EXCHANGE COMMISSION

[Release No. IC--30738]


Notice of Applications for Deregistration Under Section 8(f) of 
the Investment Company Act of 1940

September 27, 2013.
    The following is a notice of applications for deregistration under 
section 8(f) of the Investment Company Act of 1940 for the month of 
September 2013. A copy of each application may be obtained via the 
Commission's Web site

[[Page 61408]]

by searching for the file number, or for 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 October 22, 2013, 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, Exemptive Applications Office, 
100 F Street NE., Washington, DC 20549-8010.

Claymore China Strategy Fund

[File No. 811-22124]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant has 
never made a public offering of its securities and does not propose to 
engage in any business activity other than those necessary for winding 
up it affairs.
    Filing Date: The application was filed on September 17, 2013.
    Applicant's Address: 2455 Corporate West Drive, Lisle, IL 60532.

Dominion Funds, Inc.

[File No. 811-6727]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On June 27, 2013, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Expenses of $2,970 incurred in connection with the liquidation were 
paid by applicant and its investment adviser.
    Filing Date: The application was filed on September 11, 2013.
    Applicant's Address: c/o Fairfax Global Markets, LLC, 2 West 
Washington St., Middleburg, VA 20118.

Grosvenor Registered Multi-Strategy Fund (TE), LLC

[File No. 811-22354]

    Summary: Applicant, a closed-end investment company, seeks an order 
declaring that it has ceased to be an investment company. Applicant 
transferred its assets to Grosvenor Registered Multi-Strategy Fund 
(TI2), LLC, and on January 1, 2013, made a distribution to its 
shareholders based on net asset value. Applicant has retained $24,109 
in outstanding assets to pay off its outstanding liabilities. Expenses 
of $152,274 incurred in connection with the reorganization were paid by 
Grosvenor Registered Multi-Strategy Master Fund, LLC, applicant's 
master fund.
    Filing Date: The application was filed on September 13, 2013.
    Applicant's Address: 900 North Michigan Ave., Suite 1100, Chicago, 
IL 60611.

RiverSource Dimensions Series Inc.

[File No. 811-1629]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. Applicant has transferred its assets to 
corresponding series of Columbia Funds Series Trust and Columbia Funds 
Series Trust I, and, on May 31, 2011, made a distribution to its 
shareholders based on net asset value. Expenses of $82,382 incurred in 
connection with the reorganization were paid by applicant and 
applicant's investment adviser, Columbia Management Investment 
Advisers, LLC.
    Filing Dates: The application was filed on March 8, 2013, and 
amended on July 17, 2013, and September 11, 2013.
    Applicant's Address: 901 Marquette Ave. South, Suite 2810, 
Minneapolis, MN 55402-3268.

Seligman Growth Fund, Inc.

[File No. 811-229]

Seligman LaSalle Real Estate Fund Series, Inc.

[File No. 811-21365]

    Summary: Each applicant seeks an order declaring that it has ceased 
to be an investment company. Applicants transferred their assets to 
corresponding series of Columbia Fund Series Trust I, and on or prior 
to April 5, 2011, made final distributions to their shareholders based 
on net asset value. Expenses of $729,844 and $77,689, respectively, 
incurred in connection with the reorganization were paid by applicants 
and Columbia Management Investment Advisers, LLC, applicants' 
investment adviser.
    Filing Date: The applications were filed on September 10, 2013.
    Applicants' Address: 901 Marquette Avenue South, Suite 2810, 
Minneapolis, MN 55402-3268.

International Equity Portfolio/MA

[File No. 811-21867]

    Summary: Applicant seeks an order declaring that it has ceased to 
be an investment company. On April 21, 2011, applicant made a 
liquidating distribution to its shareholders, based on net asset value. 
Applicant incurred no expenses in connection with the liquidation.
    Filing Dates: The application was filed on November 30, 2012, and 
amended on September 20, 2013.
    Applicant's Address: Two International Place, Boston, MA 02110.

    For the Commission, by the Division of Investment Management, 
pursuant to delegated authority.
Kevin M. O'Neill,
Deputy Secretary.
[FR Doc. 2013-24222 Filed 10-2-13; 8:45 am]
BILLING CODE 8011-01-P
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