0000927016-01-503375.txt : 20011031
0000927016-01-503375.hdr.sgml : 20011031
ACCESSION NUMBER: 0000927016-01-503375
CONFORMED SUBMISSION TYPE: SC 13D
PUBLIC DOCUMENT COUNT: 3
FILED AS OF DATE: 20011029
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: PRESIDENT & FELLOWS OF HARVARD COLLEGE
CENTRAL INDEX KEY: 0000315016
STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000]
IRS NUMBER: 042103580
STATE OF INCORPORATION: MA
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D
BUSINESS ADDRESS:
STREET 1: C/O HARVARD MANAGEMENT COMPANY INC
STREET 2: 600 ATLANTIC AVENUE
CITY: BOSTON
STATE: MA
ZIP: 02210
BUSINESS PHONE: 6175234400
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: ASIA TIGERS FUND INC
CENTRAL INDEX KEY: 0000912729
STANDARD INDUSTRIAL CLASSIFICATION: []
IRS NUMBER: 133735233
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-52869
FILM NUMBER: 1769307
BUSINESS ADDRESS:
STREET 1: OPPENHEIMER TOWER
STREET 2: 200 LIBERTY ST 38TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10281
BUSINESS PHONE: 2126674302
MAIL ADDRESS:
STREET 1: OPPENHEIMER TOWER
STREET 2: 200 LIBERTY STREET 38TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10281
SC 13D
1
dsc13d.txt
SCHEDULE 13D
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
(Rule 13d-1)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13d-2(a)
(Amendment No._____)
The Asia Tigers Fund, Inc.
--------------------------------------------------------------------------------
(Name of Issuer)
Common Stock, $.001 par value
--------------------------------------------------------------------------------
(Title of Class of Securities)
04516T105
-----------------
(CUSIP Number)
COPY TO:
Michael S. Pradko Timothy W. Diggins, Esq.
Harvard Management Company, Inc. Ropes & Gray
600 Atlantic Avenue One International Place
Boston, MA 02210 Boston, MA 02110
(617) 523-4400 (617) 951-7389
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
October 29, 2001
------------------------------------------
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[X]
Page 1 of 8 Pages
SCHEDULE 13D
------------------- ------------------
CUSIP No.04516T105 Page 2 of 8 Pages
------------------- ------------------
------------------------------------------------------------------------------
NAME OF REPORTING PERSON
1. S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
President and Fellows of Harvard College
------------------------------------------------------------------------------
2. (a) [_]
CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
(b) [_]
------------------------------------------------------------------------------
3. SEC USE ONLY
------------------------------------------------------------------------------
4. SOURCE OF FUNDS*
WC
------------------------------------------------------------------------------
CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS
5. REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) [_]
------------------------------------------------------------------------------
6. CITIZENSHIP OR PLACE OF ORGANIZATION
Massachusetts
------------------------------------------------------------------------------
7. SOLE VOTING POWER
NUMBER OF 5,253,400 shares
SHARES -----------------------------------------------------------
BENEFICIALLY 8. SHARED VOTING POWER
OWNED BY ---
EACH -----------------------------------------------------------
REPORTING 9. SOLE DISPOSITIVE POWER
PERSON 5,253,400 shares
WITH -----------------------------------------------------------
10. SHARED DISPOSITIVE POWER
---
------------------------------------------------------------------------------
11. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
5,253,400 shares
------------------------------------------------------------------------------
12. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES [_]
CERTAIN SHARES*
------------------------------------------------------------------------------
13. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
26.8%
------------------------------------------------------------------------------
14. TYPE OF REPORTING PERSON*
EP
------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 8 Pages
SCHEDULE 13D
------------
The Asia Tigers Fund, Inc.
--------------------------
Item 1. Security and Issuer.
-------------------
This statement relates to the shares of common stock, $.001 par value (the
"Common Stock"), of The Asia Tigers Fund Inc., a Maryland corporation (the
"Fund" or "Issuer"), which has its principal executive offices at c/o Simpson
Thacher & Bartlett, 425 Lexington Avenue, Room 1303, New York, New York
10017-3954.
Item 2. Identity and Background.
-----------------------
This statement is filed by President and Fellows of Harvard College
("Harvard"), a Massachusetts educational corporation. The principal executive
offices of Harvard are located at c/o Harvard Management Company, Inc., 600
Atlantic Avenue, Boston, Massachusetts 02210. Harvard's investment activities
are carried on from the offices of Harvard Management Company, Inc. at 600
Atlantic Avenue, Boston, Massachusetts 02210.
Information relating to each of the President, Fellows and Executive
Officers of Harvard is contained in Exhibit A attached hereto and incorporated
herein by reference. Each of the President, Fellows and executive officers of
Harvard is a citizen of the United States of America.
None of Harvard or, to the best of Harvard's knowledge or belief, any of
the persons listed in Exhibit A has, during the past five years, been convicted
in a criminal proceeding (excluding traffic violations and similar
misdemeanors). Neither Harvard, nor to the best of Harvard's knowledge and
belief, any of the persons listed in Exhibit A has, during the past five years,
been a party to a civil proceeding of a judicial or administrative body of
competent jurisdiction and as a result of such proceeding was or is subject to a
judgment, decree or final order enjoining future violations of, or prohibiting
or mandating activities subject to, federal or state securities laws or finding
any violation with respect to such laws.
Item 3. Source and Amount of Funds or Other Consideration.
-------------------------------------------------
Beneficial ownership of the Common Stock of the Fund to which this
statement relates was acquired by Harvard with Harvard's general funds.
Item 4. Purpose of Transaction.
----------------------
The acquisition of the securities of the Fund was made for the purpose of
investment. The reporting persons may acquire additional securities, or dispose
of the securities of the Fund from time to time.
Harvard intends to submit a stockholder proposal for consideration by the
Fund's stockholders at the 2002 annual meeting of stockholders and for inclusion
in the Fund's proxy statement relating thereto. The proposal will be to
terminate the Investment Management Agreement between the Fund and Advantage
Advisers, Inc., a subsidiary of CIBC World Markets Corp.
This Schedule 13D filing, in lieu of Harvard's normal filing on Schedule
13G, is occasioned solely by Harvard's intended submission of a stockholder
proposal. The
Page 3 of 8 Pages
securities of the Fund acquired and held by Harvard were acquired in the
ordinary course of business and were not acquired for the purpose of and, except
as described herein, with the effect of changing or influencing the control of
the Fund and were not acquired in connection with or as a participant in any
transaction having such purpose or effect.
Except as described above, Harvard does not have any plans or proposals
which relate to or would result in any of the actions set forth in parts (a)
through (j) of Item 4.
Item 5. Interest in Securities of the Fund.
----------------------------------
(a), (b) Harvard is the beneficial owner of 5,253,400 shares of Common
Stock (approximately 26.8% of the shares of Common Stock based on the most
recent filing of the Fund with the SEC.)
Harvard has sole power to vote and sole power to dispose of such shares to
which this Statement relates.
(c) Between August 29, 2001 and October 29, 2001, Harvard bought and sold
shares of Common Stock of the Fund in open-market transactions on the New York
Stock Exchange. The transaction dates, number of shares bought and sold and
prices per share during that period are set forth on Exhibit B hereto.
(d) Not applicable.
(e) Not applicable.
Item 6. Contracts, Arrangements, Understandings or Relationships with Respect
---------------------------------------------------------------------
to the Securities of the Fund.
------------------------------
Not applicable.
Item 7. Material to be Filed as Exhibits.
--------------------------------
Exhibit A -- Information concerning the President, Fellows and executive
officers of Harvard.
Exhibit B -- Information concerning Harvard's transactions for the period
from August 29, 2001 to October 29, 2001.
Page 4 of 8 Pages
Signature
---------
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
Dated: October 29, 2001
PRESIDENT AND FELLOWS OF HARVARD COLLEGE
By: /S/ Stephen T. McSweeney
--------------------------
Name: Stephen T. McSweeney
Title: Authorized Signatory
Page 5 of 8 Pages
EXHIBIT INDEX
-------------
Page Number In
Exhibit Sequentially
Number Description Numbered Copy
------ ----------- -------------
A Information Concerning the President, 7
Fellows and executive officers of Harvard
B Information Concerning Harvard's Transactions 8
for the period of August 29, 2001 to October 29, 2001
Page 6 of 8 Pages
EX-99.1
3
dex991.txt
INFORMATION CONCERNING THE PRESIDENT
EXHIBIT A
---------
Directors and Executive Officers
--------------------------------
The names of the President, Fellows and Executive Officers of Harvard and
their business addresses and present principal occupation or employment are set
forth below. If no business address is given, the business address of such
director or executive officer is c/o Harvard Management Company, Inc., 600
Atlantic Avenue, Boston, Massachusetts 02210.
President, Fellows and Executive Officers of Harvard College
------------------------------------------------------------
Name Office/Position
---- ---------------
Lawrence H. Summers President
D. Ronald Daniel Treasurer
Mark Goodheart Secretary
Hanna H. Gray Fellow
Conrad K. Harper Fellow
James R. Houghton Fellow
Robert G. Stone, Jr. Fellow
Herbert S. Winokur, Jr. Fellow
Page 7 of 8 Pages
EX-99.2
4
dex992.txt
INFORMATION CONCERNING HARVARD'S TRANSACTIONS
EXHIBIT B
---------
Harvard's Transactions for August 29, 2001 - October 29, 2001
-------------------------------------------------------------
Shares of Shares of
Common Common Price
Date of Transaction Stock Bought Stock Sold Per Share
------------------- ------------ ---------- ---------
August 29, 2001 129,000 $6.25
September 19, 2001 25,000 $5.164
September 20, 2001 47,800 $5.0714
September 21, 2001 8,500 $4.90
Page 8 of 8 Pages