-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, DXAsPJgK+RUxuX5cBvMSgoM11hI4xH/XYwGPKBB0cYq0OgTcKkacs+IFg1h44/sU l+NdkM9uJBUXNsx6Tlqm4A== 0000899140-10-000706.txt : 20101102 0000899140-10-000706.hdr.sgml : 20101102 20101102125757 ACCESSION NUMBER: 0000899140-10-000706 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20101101 DATE AS OF CHANGE: 20101102 GROUP MEMBERS: S.A.C. CAPITAL ADVISORS, INC. GROUP MEMBERS: SIGMA CAPITAL MANAGEMENT, LLC GROUP MEMBERS: STEVEN A. COHEN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TAL Education Group CENTRAL INDEX KEY: 0001499620 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-EDUCATIONAL SERVICES [8200] STATE OF INCORPORATION: E9 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-85729 FILM NUMBER: 101157319 BUSINESS ADDRESS: STREET 1: 18/F, Hesheng Bldg, STREET 2: 32 Zhongguancun Ave, Haidian District CITY: Beijing STATE: F4 ZIP: 100080 BUSINESS PHONE: 86 (10) 5292-6692 MAIL ADDRESS: STREET 1: 18/F, Hesheng Bldg, STREET 2: 32 Zhongguancun Ave, Haidian District CITY: Beijing STATE: F4 ZIP: 100080 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SAC Capital Advisors LP CENTRAL INDEX KEY: 0001451928 IRS NUMBER: 943448715 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 72 CUMMINGS POINT ROAD CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 2038902000 MAIL ADDRESS: STREET 1: 72 CUMMINGS POINT ROAD CITY: STAMFORD STATE: CT ZIP: 06902 SC 13G 1 t110110b.htm INITIAL FILING t110110b.htm
 
 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No.)*

TAL EDUCATION GROUP
(Name of Issuer)

American Depository Shares
Each representing two (2) Class A Shares of Common Stock Par Value $0.001 Per Share
(Title of Class of Securities)

874080104
(CUSIP Number)

October 22, 2010
(Date of Event which Requires Filing
of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

[   ]
Rule 13d-1(b)
[X]
Rule 13d-1(c)
[   ]
Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).



Page 1 of 10
 
 
 

 

CUSIP No. 874080104
13G
Page  of 10 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
S.A.C. Capital Advisors, L.P.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o  
(b)     x
 
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH:
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
529,850 (a) (see Item 4)
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
529,850 (a) (see Item 4)
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
529,850 (a) (see Item 4)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   o
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
4.4% (a) (see Item 4)
12
TYPE OF REPORTING PERSON*
 
PN
*SEE INSTRUCTION BEFORE FILLING OUT

Page 2 of 10
 
 
 

 

CUSIP No. 874080104                                                 
13G
Page 3 of 10 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
S.A.C. Capital Advisors, Inc.
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o  
(b) x  
 
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH:
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
529,850 (a) (see Item 4)
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
529,850 (a) (see Item 4)
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
529,850 (a) (see Item 4)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   o
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
4.4% (a) (see Item 4)
12
TYPE OF REPORTING PERSON*
 
CO
*SEE INSTRUCTION BEFORE FILLING OUT
 
 
Page 3 of 10

 
CUSIP No. 874080104                                                 
13G
Page 4 of 10 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Sigma Capital Management, LLC
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o  
(b) x  
 
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
Delaware
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH:
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
510,000 (b) (see Item 4)
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
510,000 (b) (see Item 4)
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON   o
 
510,000 (b) (see Item 4)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
4.3% (b) (see Item 4)
12
TYPE OF REPORTING PERSON*
 
OO
*SEE INSTRUCTION BEFORE FILLING OUT
 
 
Page 4 of 10

 
CUSIP No. 874080104                                                 
13G
Page 5 of 10 Pages

1
NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
 
Steven A. Cohen
2
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(a) o  
(b) x  
 
3
SEC USE ONLY
4
CITIZENSHIP OR PLACE OF ORGANIZATION
 
United States
NUMBER OF
SHARES
BENEFICIALLY
OWNED
BY
EACH
REPORTING
PERSON
WITH:
5
SOLE VOTING POWER
 
0
6
SHARED VOTING POWER
 
1,039,850 (a) (b) (see Item 4)
7
SOLE DISPOSITIVE POWER
 
0
8
SHARED DISPOSITIVE POWER
 
1,039,850 (a) (b) (see Item 4)
9
AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
 
1,039,850 (a) (b) (see Item 4)
10
CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES   o
 
 
 
11
PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
 
8.7% (a) (b) (see Item 4)
12
TYPE OF REPORTING PERSON*
 
IN
*SEE INSTRUCTION BEFORE FILLING OUT

Page 5 of 10
 
 
 

 


Item 1(a)
Name of Issuer:
   
 
TAL Education Group
   
Item 1(b)
Address of Issuer's Principal Executive Offices:
   
 
18/F, Hesheng Building, 32 Zhongguancun Avenue, Haidian District, Beijing 100080, People's Republic of China
   
Item 2(a)
Name of Person Filing:
   
 
This statement is filed by: (i) S.A.C. Capital Advisors, L.P. (“SAC Capital Advisors LP”) with respect to American Depository Shares (“ADS”), each representing two (2) shares of Class A Common Stock, par value $0.001 per share (“Class A Common Stock”) of the Issuer beneficially owned by S.A.C. Capital Associates, LLC (“SAC Capital Associates”); (ii) S.A.C. Capital Advisors, Inc. (“SAC Capital Advisors Inc.”) with respect to ADS beneficially owned by SAC Capital Advisors LP and SAC Capital Associates; (iii) Sigma Capital Management, LLC (“Sigma Management”) with respect to ADS beneficially owned by Sigma Capital Associates, LLC (“Sigma Capital Associates”); and (iv) Steven A. Cohen with respect to ADS beneficially owned by SAC Capital Advisors LP, SAC Capit al Advisors Inc., SAC Capital Associates, Sigma Management and Sigma Capital Associates.
   
 
SAC Capital Advisors LP, SAC Capital Advisors Inc., Sigma Management and Steven A. Cohen have entered into a Joint Filing Agreement, a copy of which is filed with this Schedule 13G as Exhibit 99.1, pursuant to which they have agreed to file this Schedule 13G jointly in accordance with the provisions of Rule 13d-1(k) of the Act.
   
Item 2(b)
Address or Principal Business Office:
   
 
The address of the principal business office of (i) SAC Capital Advisors LP, SAC Capital Advisors Inc., and Mr. Cohen is 72 Cummings Point Road, Stamford, Connecticut 06902; and (ii) Sigma Management is 540 Madison Avenue, New York, New York 10022.
   
Item 2(c)
Citizenship:
   
 
SAC Capital Advisors LP is a Delaware limited partnership.  SAC Capital Advisors Inc. is a Delaware corporation.  Sigma Management is a Delaware limited liability company.  Mr. Cohen is a United States citizen.
   
Item 2(d)
Title of Class of Securities:
   
 
American Depository Shares, each representing two (2) shares of Class A Common Stock.
 
 
Page 6 of 10

 
   
Item 2(e)
CUSIP Number:
   
 
874080104
   
Item 3
Not Applicable
   
Item 4
Ownership:
   
 
The percentages used herein are calculated based upon the shares of Class A Common Stock issued and outstanding as of October 19, 2010 as reported on the Issuer's Prospectus on Form 424B4 filed with the Securities and Exchange Commission by the Issuer on October 20, 2010.
   
 
As of the close of business on October 29, 2010:
   
 
1. S.A.C. Capital Advisors, L.P.
 
 (a) Amount beneficially owned: 529,850 (a)
 
 (b) Percent of class: 4.4% (a)
 
 (c)(i) Sole power to vote or direct the vote: -0-
 
 (ii) Shared power to vote or direct the vote: 529,850 (a)
 
 (iii) Sole power to dispose or direct the disposition: -0-
 
 (iv) Shared power to dispose or direct the disposition: 529,850 (a)
   
 
2. S.A.C. Capital Advisors, Inc.
 
 (a) Amount beneficially owned: 529,850 (a)
 
 (b) Percent of class: 4.4% (a)
 
 (c)(i) Sole power to vote or direct the vote: -0-
 
 (ii) Shared power to vote or direct the vote: 529,850 (a)
 
 (iii) Sole power to dispose or direct the disposition: -0-
 
 (iv) Shared power to dispose or direct the disposition: 529,850 (a)
   
 
3. Sigma Capital Management, LLC
 
 (a) Amount beneficially owned: 510,000 (b)
 
 (b) Percent of class: 4.3% (b)
 
 (c)(i) Sole power to vote or direct the vote: -0-
 
 (ii) Shared power to vote or direct the vote: 510,000 (b)
 
 (iii) Sole power to dispose or direct the disposition: -0-
 
 (iv) Shared power to dispose or direct the disposition: 510,000 (b)
   
 
4. Steven A. Cohen
 
 (a) Amount beneficially owned: 1,039,850 (a) (b)
 
 (b) Percent of class: 8.7% (a) (b)
 
 (c)(i) Sole power to vote or direct the vote: -0-
 
 (ii) Shared power to vote or direct the vote: 1,039,850 (a) (b)
 
 (iii) Sole power to dispose or direct the disposition: -0-
 
 (iv) Shared power to dispose or direct the disposition: 1,039,850 (a) (b)
 
 
Page 7 of 10

 
   
 
 (a) The number of shares reported herein are American Depository Shares, each of which represents two (2) shares of Class A Common Stock, held by SAC Capital Associates.  The percentages are calculated based upon the amount of shares of Class A Common Stock issued and outstanding.
   
 
 (b) The number of shares reported herein are American Depository Shares, each of which represents two (2) shares of Class A Common Stock, held by Sigma Capital Associates.  The percentages are calculated based upon the amount of shares of Class A Common Stock issued and outstanding.
   
 
SAC Capital Advisors LP, SAC Capital Advisors Inc., Sigma Management, and Mr. Cohen do not directly own any ADS nor any shares of Class A Common Stock.  Pursuant to an investment management agreement, SAC Capital Advisors LP maintains investment and voting power with respect to the securities held by SAC Capital Associates.  SAC Capital Advisors Inc. is the general partner of SAC Capital Advisors LP.  Pursuant to an investment management agreement, Sigma Management maintains investment and voting power with respect to the securities held by Sigma Capital Associates.  Mr. Cohen controls each of SAC Capital Advisors Inc. and Sigma Management.  By reason of the provisions of Rule 13d-3 of the Securities Exchange Act of 1934, as amended, each of (i) SAC Capital Advisors LP, SAC Capital Advisor s Inc. and Mr. Cohen may be deemed to beneficially own 529,850 (a) ADS (constituting approximately 4.4% (a) of the shares of Class A Common Stock issued and outstanding); and (ii) Sigma Management and Mr. Cohen may be deemed to beneficially own 510,000 (b) ADS (constituting approximately 4.3% (b) of the shares of Class A Common Stock issued and outstanding).  Each of SAC Capital Advisors LP, SAC Capital Advisors Inc., Sigma Management, and Mr. Cohen disclaims beneficial ownership of any of the securities covered by this statement.
   
Item 5
Ownership of Five Percent or Less of a Class:
   
 
If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the
 
following.
   
Item 6
Ownership of More than Five Percent on Behalf of Another Person:
   
 
Not Applicable
   
Item 7
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company:
   
 
Not Applicable
   
Item 8
Identification and Classification of Members of the Group:
   
 
Not Applicable
 
 
Page 8 of 10

 
   
Item 9
Notice of Dissolution of Group:
   
 
Not Applicable
 
Item 10
Certification:

By signing below the signatory certifies that, to the best of his knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

 
 
Page 9 of 10 

 


SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: November 1, 2010
 
S.A.C. CAPITAL ADVISORS, L.P.
 
By:  /s/ Peter Nussbaum
Name:  Peter Nussbaum
Title:  Authorized Person
 
S.A.C. CAPITAL ADVISORS, INC.
 
By:  /s/ Peter Nussbaum
Name:  Peter Nussbaum
Title:  Authorized Person
 
SIGMA CAPITAL MANAGEMENT, LLC
 
By:  /s/ Peter Nussbaum
Name:  Peter Nussbaum
Title:  Authorized Person
 
STEVEN A. COHEN
 
By:  /s/ Peter Nussbaum
Name:  Peter Nussbaum
Title:  Authorized Person
 


Page 10 of 10
 
 

EX-99.1 2 t110110a.htm JOINT FILING AGREEMENT t110110a.htm

Exhibit 99.1
 
JOINT FILING AGREEMENT

The undersigned hereby agree that the foregoing statement on Schedule 13G is filed on behalf of each of the undersigned in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, and that all subsequent amendments to this statement on Schedule 13G may be filed on behalf of each of the undersigned without the necessity of filing additional joint filing agreements.
 
Dated: November 1, 2010
 
S.A.C. CAPITAL ADVISORS, L.P.
 
By:  /s/ Peter Nussbaum
Name:  Peter Nussbaum
Title:  Authorized Person
 
S.A.C. CAPITAL ADVISORS, INC.
 
By:  /s/ Peter Nussbaum
Name:  Peter Nussbaum
Title:  Authorized Person
 
SIGMA CAPITAL MANAGEMENT, LLC
 
By:  /s/ Peter Nussbaum
Name:  Peter Nussbaum
Title:  Authorized Person
 
STEVEN A. COHEN
 
By:  /s/ Peter Nussbaum
Name:  Peter Nussbaum
Title:  Authorized Person
 


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