Securities and Exchange Commission April 3, 2008 – Federal Register Recent Federal Regulation Documents

Applicant seeks an order declaring that it has ceased to be an investment company. On December 31, 2007, applicant transferred its assets to Skyline Special Equities Portfolio, a series of Managers AMG Funds, based on net asset value. Expenses of $393,155 incurred in connection with the reorganization were paid by Managers Investment Group LLC, the acquiring fund's investment adviser, and Skyline Asset Management, L.P., applicant's investment adviser. Filing Dates: The application was filed on March 7, 2008, and amended on March 26, 2008. Applicant's Address: 311 South Wacker Dr., Suite 4500, Chicago, IL 60606.