9999999997-12-009152.txt : 20120507 9999999997-12-009152.hdr.sgml : 20120507 20120507075847 ACCESSION NUMBER: 9999999997-12-009152 CONFORMED SUBMISSION TYPE: N-8F NTC PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20120507 DATE AS OF CHANGE: 20120507 20120430 20120507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PNC Long-Short Master Fund LLC CENTRAL INDEX KEY: 0001339208 IRS NUMBER: 432097065 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: N-8F NTC SEC ACT: 1940 Act SEC FILE NUMBER: 811-21818 FILM NUMBER: 12815941 BUSINESS ADDRESS: STREET 1: 2 HOPKINS PLAZA STREET 2: 11TH FL. CITY: BALTIMORE STATE: MD ZIP: 21201 BUSINESS PHONE: 800-239-0418 MAIL ADDRESS: STREET 1: 2 HOPKINS PLAZA STREET 2: 11TH FL. CITY: BALTIMORE STATE: MD ZIP: 21201 FORMER COMPANY: FORMER CONFORMED NAME: Mercantile Long-Short Manager Master Fund LLC DATE OF NAME CHANGE: 20050920 N-8F NTC 1 filename1.pdf begin 644 filename1.pdf M)5!$1BTQ+C4-)>+CS],-"C@P(#`@;V)J#3P\+TQI;F5A!]\- M"F5N9'-T8F!@8`(B#Q#);LK`S8``W$`Q M9@86!HZ&&0_?:C8P[&<&1)31#2#``)R3$PKVS][R?)/LO M7RDSF6!WU"V%7-[Y:_5S+;Y5NWJ?5P?QDE?3JLV'\R)O6C<_9@U>=EF>QHEC M$S^R/B#46JS>7ATI63=OEB4-NK#RWAW;39(8^)\(M80HBG"6!C2NBF#P3%Q@ M.H[`7*R&>/J&R3GG,U`LQV,-#Z44I&$`21CBHTH8;`!#JNY`KK[FM\_A_&SN`F5?O9K;">3?P(,``>( M/1X-"F5N9'-T`/S64\"]?=R;!;1AEP548Q<%E&*7!YT\XO@]U'.2X2#/: MIH/B[NKE$8)V!L!20Y^E:./MY0(M(RR40^!MXG\'(<`,>#H+C'5XKI([)1B)LP MTD$51OU`XB#>A_$(!&R^GLEDA+-Y)XB0#R63Q'PG2J4#7`N^XJCEL&]VCG*L M:XY',LTLBW-@\28$/K;(S0J'6=@/"OB):A$FH$W8W6SN&]M3^+D+5?E(ZL7C MU0/>&<,=)($?^/];&"L^2R?I*NZUZ8A=.;?WQ"UJ!;]F[5/#+P$^A'B2 M&:4C2^(<+)D$Y1[G[L$U#KA4TB>B`?BEU0TR4OX($\7RUB\:TF24_$TGB$=] M12H_JN+$JKC&=E2#&VY/@K=`=Q.B[&FPNA=MI"5,NRNTBFFF3[_5MV\1X3R, MC>AD!+(6#=53:/16DA&$LX)`H45YVO*X_UK+S_^WV>GHJ\R.6DRTU,8Q)J\! M`5V.^+;G$J_`!D+"D$%C)S84)&C22;"HD-0#HC,-EC@O6F:/8SG(?,^=,)<5 ML[CT,7@$6,^B"L#$.)(.3?8A%$B@1-6&)>2W"F-IW%F^"`>"6,95IG/'.+K; MVF7&(*[.3XH2L2H\.^P1O=,0@OIV23$E([^-(6Z"+=>K1\`]_E;X7<+OB]8: MU(!K!XIX0IE'\$'%U>U`])2 MN2/UW%F0=P7?>AXV+1DFQ$MYTB0&U3LGE>'4XX\?13T\#_@2YVNGF.H?(*R` M_]K^3`Y\;EOKI]BU!K+IP2$S9H%ENV]S^!T^M,X*3W[BK"]4T[-A;=V4- M9+?G`XH2]548,XA$4P`OU2Q]"WI"@-8X5M<>:!.(B]M>X*"$MVG0MWFH%80L MF>^[)K&?LR,J]B_C`B_2J4'64Z@=M0-;T4)U6G,4NZS&&M6/%:2.IKC@V&.A M/+JX.)\WM,A4G0+)XJY$8(GG+N;AY?V)"&()U[C8&W`B]1AR:;_I?<]$JQJ0 M)M^1=0Z3TA$&VH;MBC8NFGYNR/G!H(:,`:XLJQ#:)T\`EYT\O_3<;2'+06?%@,)3!JX0".:AKEX5)\%DPF]*10E`K MN;!H@PZ3[N]QE0\6W&>*=Z3JZ4--HL3U;UA;T5KQ';]W%("($CU`,Z:\Q*VJ M/D1M[9QHN^.6*_I'%PI![_`&7>37?,;]TT_<+E@FF1Y]4Z#DF)92UC(B>$<\ MQKO$F4^93TSI"#U.MP]2,^G;@^[1:N]T*#+.X9T]EE\Y/)`WN/S7RGL0D#[: M='"0\Q!AR\H%479&FVS8%_TFKT8Q.YL#^NF$V$JKI\IW@BTV(5BF?P=^=J9D MQVI\*[`\QS)]NUI@HS*##:SLMW7M+N[862@E]+F=V:YP!]C`!(<'O4;@EJ4` M9,//OKN=F@\BU`VU[V;MFNRS1!*W"`W9LKY6R(GT[PZC`H9@[-#JHT M`Q@VR?9E/#I,C@`3C.5<7%,I1ZND?3*@5YZO:TLZ))DRI"MBI4Y&E4BG4C72 MV:^H'1*!.&:W*#RGN4&Z5_AVMR5'*G7YRM0;]H? M$4TNI&,E$T,OAD*:^U7A]:I7UY>BA_%V5GO^O+]6*3B_/QB#,L7L)SG M2L0B7T#]`71@KL5`BW@TE".0=DW29L9]<;;#F?--6ND;24S\5!T%F].,:DU'_<8I20N2%LK^TI),/@CU#&H)0_] MEG7G2FS.1EX'8WO,9M<"N5V9>B+(AK%B`W9;1477<;!W>+-JX+C!&MLW8U;= M+Y9>AQCIOAPUT'>-%T@V'&JLMVYWQ8=0-].OR_DOY^%$?_L)EPO[_.[^F,6[ M1H7@6PZ.1Z/!"_RI%61&,K&PO^+.-8MMBN^*5[F4T?*HH>6`_+V!-+B@J`=('@-@H);4X&4A_`>+,\I("H#AC M`I`MDI0-9H/4B62'!#D#V1U`-E]):@5(C,$YOZ"R*#,]HT3!T-+24L$Q)3\I M52&XLK@D-;=8P3,O.;^H(+\HL20U!:@6:@<(\+L7)58JN"?FYB8J&.D9D>AR M(@`H+"&LSR'@,&(4.X\00X#DTJ(R*).1R9B!`2#``$G&."\-"F5N9'-TI%/:GCR9'!4U_GD MJBQ@-,BJ.;P9#(?5!Q@E"A(_$GX0I1!(+=(8$B5QK%#D?#6N/\Y+&+PH\Z)< MP"#CT5E^.9WE];2:P=.GPY-CZ`V.SWV8+,$'6$YFO4&6^2`AN^A)A7/81RVD M2`O\RVYZ#KC9GR0F&S$MX@3ELJ+G>+3DBR!HQBSJ*&Y-GR7DEL2S4[+CC*YZ M>OSK"2Y9VUIC?.'[(603\)K>>_!D0N=X2@2:SAHY9ZZ,G-=N[!SC#XZP&2_= MP*GW`[[A$'9I8+;`S@^>T=S4KX)4K'?KQ&2,4X)4I[J#NIH$,%_D!C(_GW)GO9\\E&G\R3J=#Q';@HZ6O]AB:5T/="(2T47HO`&@`5 M"%\A#D*V`"1X?T^A\=@@`MB.74\[2]>+T&2/@/!B9T5SM>M)IT0L4*CD`4\O M9M3":4[2O,\(+A"BQ(BP1,%BKUPO<;@Q*D M#$4L.7?$YBJ3QH16D`:%.;.",8T:NPZ_K0#X#>-BQB:8"!PY)Z[9:`W@3>/V MVBKI@_*E[(.UC@2OV);YG+%@@R;-:J/_QH)4M);#6OBO%?\5+59=&)L`:+`Y M01,+7EY?M@5^O%KOQHK2@+7&W2#.[97U&-ES5;$MK7-9H@_C+?#QR%G9NK-= M;"7,_+OB$ M'::B[:09'I3X(H4/*32)Z#G6QNGU=(:F8B0AM">,=.S4)3;+3@Z,E"(V$6FA M[\J"G0RT3GZ!CQNZ*A^S"R%#AU^U@;[+V5TD#&+OFW=G'0X7-JJOK6H<+[84((DP6P6]_LFVNF;#4>$ M*=<41H4U[8YX?MOH2=GZ5!+&@4C#)LDO_U"*&=O:`SXYJU-OC8:BL-`9UV+I MME5YV=R#[0I%"*FFNGN'JSL.3GR2Z]ZEXV'R6`4OJ)V_-6_&N/*LJ7/F8?Y- M%8TZ?1@B$6FSPSH$V#N5M;Z/+L93*`^#DNB-7LAK)(+[Z&N\%Y9Z M%WW5(MJ'OJ8'9?$0#8\4I8(]"&R()/T+4-A-G9]#8K><8+#980*2O)]L]^NS M77B(X0;?A.$R3?O);&\Q6\L0MO)%$(M4VY?`A.X:O:S:SP7[@CPCV(FU'X\* M2_^@+!H@CU.AS6C[L^$`LTYP*!O>5/I5^+`GOSX#EO)A"JPTTMC]*#![,+#5 M(=BBP,2`EU^.`BNM/I$`=V_R71)@-/46`_;:]['C>1`I5E'$2<&0XM1Y?4S\ M*Z)ZK(B4Q?A0-I-)B`RA6XUW%/5N@69N>$4-E_@%,[]_E0IN4P^BTFBGL5;& MPI)!(G]Z+_*'`=1ETIMX>BHD#KW!I`_!<0NTT&'"52U<\\'QY3\J9""4['Q4 M[(E%N(L)8]9+]V#",CHHB2LT5:J]B+"24JC/)\)=C9]#@^$GN_T>V:W^)NQV M1Y@;PDOD:8FUI*9HGHY=$^#U="M41O\SUMLH+ZUJ]G'G0^$')+'Q0?DO384. M/Y7!I@G1E<,(;$?A?XN]_B/```11(P<-"F5N9'-T;>>=)\7-5S^6)=5O83+,7^]+>_G M3=G-VP9^^.'JYAHN+J_?A3!=00BPFC87E^-Q"!+&'RZDPC'LXRET4"[P;_QX MX8$__A^)22.6BS1#N7%UX04T%8HH,M\LZD7_$!Y%':ATRXWN"\HJ4(IV!SCB[%V MQ]6&.Z2-EAWA(<,X.[7],)A)Q11Q^_),>0`26-L'Y/-`[O M:)#&2*+LQ>]90J-.MH_](/)>4D,&W/+8*SIQ312:A0X0A5>J\+X5LE<9N]Y5.3/X]9!2?4H<<"I/N`4A52@,E$H M"*20.>U`,!7>FVMX,2'WK4C/UF@6DRTI0B%1153]5VKIBX>7^-%0AZ!("(K$ MN[FE]8A#H65XOF*AGVF>FVO$0'HD,S?Q$^O]W_#!@@,OIU;JAO`8+H52(DGW M7'3"*#D)H^@@1@E=O.<8L?JL)!MVOZ59+!*U6[$[CX-J1DU+8451]<^$D$Q$ M(1UXBI/@B9V+9I)%H"*!&9Y020_FS&1GSK0P!Q;GC32:%(F(SM.RT?D!^R,M!E.>;NEK12%25UN1(3&M[@T-\EU3@4ZL3S;# MZ)H1"\QJ1O"Q]W3#*16HO+0\N.`J\]F/0LRJO)K$Z/=19RN>!TZ]E4Y^&'_< MF_I."E_VF;"Y]V7H`9\S*SE@Z<2YS>?`HWIS7=RH`&-X*!&E6MVI4<$*TD>E M]VQAPB&K]7IN>E\LCEDK`'ZA/`1T@WISZ)\%)]94%8T`*XP<'17,>L%2N\5X MTMAU@W8=VR'O=QC*--JTZ)<,Y9`-9NR-YWJT2&S&"NQA$X3'8^^TRB()@_#O M:_ZKRHT3C5LK_AB@MFZ?K`=9I&;&58/7'7^/OT4H^'O61P[I,6M9!QMD+#&" MR580X.9-;V1TT>OH MN_T#SP\=KF+1V_04?!./\A0C!?^S..PO`*OH7``302@49^$9X:`UYJC0BO&B MQH*DO6&D^'HTS?-M$6HB<(,39\\<>BQLVD;`#F[FY/STK)P?)Y%E:Z_\W)L_ MS!M4%8,4_77#[D/Z4?NI8;HZ_3`WJ?PH?^"MERS$'.#+>_'SI,$TX/RB:8LD\AN@[8I?R86&YL M"[+0BWD]:/<>KBLZ.7R]1XN,?*,]`O?+9O6 M['^ZT*D)W4^32/ZM=TS^_!USF+`@"8B*5!3IX#'6H_#JI:$EAC/F'FH=9%[- M`]-V&'[-@DQ5].0],V^DG!DQSER+5=0PBT&>&1!/SSQG(9),LIU6"F8_.;52 M-UNDIQ#9/J)>A#(W1#0Z2$2+#9Z^B4^`3X%X@Z>?@TII:5O'B75)O#SSEFL+ M!(]_!31DO!>-XC0T9+B+E^.3]P1:+N59.3I*8KK,I_#R*%&48?\N+7=//(N6 M@R;A]4?K6="SP)Y:DB/Y855S%W1?D_B2A^;F\4IW)&4:G.K'6ZD/X'G=UK[PC1PE.9*(@86?22QW4.$SN*3^JT]Y M?>PE3QRZ>@5,M,W.MH=YO?.^K1Q,B&]85F59E%W*E=U];AG"53T-3Z/6"9%; M7T48@[2]OG-B=(I>S(PB[[0'+K_EG/-[S8^0/4R/<>TCO2DJ! MM#NF95_"NU5**]SS_AWBK5)#GH^\99"4'J7/,H^QU/W?<6>98P7.OY`\.[88 MQ\0RD6!O$*)YS?77H-FYUXHO$AO_5(D-)APG6%I>81"U=A'\ARNB_9Z-.`;^ M2_)9*I/D.'-&#O6,.EM.$>RASC))A3*//BJ,#P0HZII[ZX[(K\[DJ,0K7R;> MNJE69-DM-OT/V5_F\>SO;P?P2$49[F)]2,BX,]E:.D(H#Z13N1[<<(3Y(_G9F!\WYW)-,$!ZX5S1O4R3] M/CI5`#B^;(V'JK:D!N]^U!,8^]RSQ:'!W&U6VF%U&V2XLCM4IL-2CLDH?K>0& MJFHH5CQGH9RL-SB#065`4F/XE0A:'X4<]W\),`!*C=\N#0IE;F1S=')E86T- M96YD;V)J#34@,"!O8FH-/#PO0V]N=&5N=',@-B`P(%(O0W)O<$)O>%LP+C`@ M,"XP(#8Q,BXP(#%LP+C`@,"XP(#8Q,BXP(#_?>(P[PT.5NO913%=PYLW@X/UNIA>5B6< M#?+%$LX'AX>+[W`VE##D">,J&8$2&1NE,)1"?TM-1,$.EO]9A)`.XP8TKG&YPD0&\"T7P71/Q M8(DKM3]`$UA-M M:.>T>@GF#TGARM/]NZ&_LMAW&FD=2U@BB2&&R5VHN,;H//_4XPZ&L85AN6RN M1Z%PK::[^U8F/)8PD1JLSYR`'BH:C)#(^ENHP?*;@$N/`#BIG)PU'7P80ZO% ME]!R+.$8;]B0.)N&X5$8*:-9`Z??[<5@?A8!1-/.^9.RMBR#Y$)V M@%A)K>@V"BVV0>=YIIRED>,8YIK MY2;#H2R=.U_3M8H)E\&NK1XD5\(DC#(*N?VF:1EDR)&NK8LU2)S&"D[#2*>< MC0W9/UWL-.[L'--0TA+KFX]-$S]DUXSSOO8FZ_TW[F3?1!S&I2:1:LCV6.:P MX^7*5XT]94+P#!*5L20UZISHBQ&\8Y3A?2ATR*-T-0XE#L:%SK0HM-OU(_BL MCRX89$(8L4SI$$QF%GDI12JIJISC*%GV:%6)6[);:T1"AY&`2*`EN@>[T9W\ M7'0+SN+,@'%*R4ZK-)]C3*_")+AKAS4GW.*4J1\+:UU^59>3]:)'`@/W?7+# MWS_&$K0-"_2-TKM7Z8K>E&T\BNZE@Q.OHT@H-XFGB@S,'0:E ME_?)(F]1*IN:0GL>Q).R@"':!`83'.]"F09P$D;#@+:*>P+@WL&@-P^L(1,S M5&M:/<9Y0?FP^*:30C7'Y:JV"3T-^L3DCU`,`QJ.D(=9+$@6&JZ0E/A,B^8L M-43&O`G%9&HR[PT.%:T2W39/*$I/1J>,Q(0`LYVHRT-*8/ILY]S=>I[^5.I4 MHR&3/](7*=W8Z,KPLWU1B]\+MD64DU>=/8B?UQ8-GVZ+5)JQ+/O_M44J3?%M M^F-]45L9:Y$3[%9F+J/6]>7`6&[+Y_Y5K0NW!O'5X"FGO1UE$D1T$!= MD;:*4D*W+:FO>?#!I9GF]63,C;RIKCS4@4G7@>%=E/U,FJ_[-OMH;++M@H7L M($YB,7JZ,&=.>ONV M:YT<.Y!:CR@7)*94?`RE>K*^/]=LRXVO?9M6H;95M/0EI_/`]88I7;^P_02T MC??"!^O:URVV_1!LF6'DS*!KQWX*P1T)I[Y3N_CX(5*QQ?YO4('MWY`';RQD-)@X/0+%1L1?*Y"2W)EAFZY&#;I8;_"_NT78651#J"7 M47A7^V[Y]]J/R5NHU&Y\F31%7P=[%E13TQ[0>D'SNRW-4Y:-'M5<-9ISI-W2 M?(<^?M@UZ.LE,-H1PK^*(BF>9ZN6;.Z5]9\``P"V#*D.#0IE;F1S=')E86T- M96YD;V)J#3<@,"!O8FH-/#PO1FEL=&5R+T9L871E1&5C;V1E+T9IQ%/;BMLP M$/T5/;;0(%D7RX8ED&P;6FB7L@G=PK(/:B(2@R_!UM+NWUD-V8IJK?WNVJQ@[DP?XFCUUCVO?(/9C& M4F0\@?8/ZZX^(+=UO77[$WWH^L;4:'H:U6C&Z!=GZFJ_:H^U)8QNG6U^D$SD M=/=VMN@+_IRJD$HOE[[&M1DLN%S>_'V[@+N_[>BG=M\=JO9(GZIV MU0Y5/&^J?G#W)]/[*R_O\'?[-C[2KV9RX$K1[>LO!W)V_:M%75&S&=Y>"D8T MYW[`-*YAGV=9%"F*$GUA#UPIY>@+Y^#GSTKE%WFPD#2I2(I211:%H4@?+'WB ML*;V&#/MBVD?^!CCA8J$0U%3`Y`OX3=CN"I8U=0@(+Y!V;C3XK/$`(5B2 MFL/3%"'UZ!RC)H$@##SDU$E^)2``Q`8-6OK;`J=G&Q8'-EDB+T)3M6^"G"=F MM(_Q6LU0R2-=([X@CD0"+"1!#+HQXR`VC,@U8'SB2]X`^$"3K@%3D").PJT\ MLKR8E(@YYF6Y_"O``(GB/`H-"F5N9'-T7!E+T]B:E-T;3X^P)Z=_;.$(M%0 M)(2@**%7$10TDBN9I2]N28FAKBB&L'%6*61/C)W&1R@=@Y*"@N0!,T0S.Q`.@: MJ,\DX$J",K&OH>!Y@8+G(Q0\WS0DX`4DXP`<(A-*<6@<(94CB@MX,7@JYXPX MG@CE#P,NZ*(WWCP&O!"N7<.%!@71U>" M@R(Y"#25QJ`3=4,A0%$\H$&'/N08*GJ"5$3Q!D0B> M9"AXGJ'@>?`B>#XQ1?!"[2B6UJ(Y$;R`9)1RH0F$%!?1[`1>1/$$7D2_<667 MBG/@)=1)X*7,E,#+[.C@H#HM;M>TJ"[:H>O'RZ'KBO-O=\Z[I_&T>R9?+3;W MW5F[+5-14BZ?MUVU'(?=]92WV&S&V:Q05S@*$LI))O$J026J3&5*\R;1S;#? MS"K-).C;)*RBZ*CHJ.BHE*B4J)2HE*B4I)2D%-%-KYM>-[VBO:*]HKVBO:*] MHKVBO5*"4H)2@E*"4H)2G*[5]/+7#++5&O%\D)/SY97NCP]91_V_69LQ_6F MKY;;MJ_F=^TP5L?KV]W054?K]G9H'UZ6PV8[;[>_EU_[&SS;5>?EWS'&XG5U MTM^O^VYYUV)T]MG?=F/9TRH8I_7/;K,;]\O=C\?K8;U]66Z[X<^-2\SFE\U3 M=8BC?>]ONN&%-)M]8`K[W?W]U>IS9O%J]3G#>+7ZWT,Y?1HX0L[F)T=45Q>W M%%Z_)&?SQ6PV3>[^FW1+LA_A"_VN$+^)AK^BSHR*&?5F-)C1:$:3&FMC.60B/SX*/'@Z>&UP;65T82!X;6QN M#IX;7!T:STB061O8F4@6$U0($-O&UP M.DUE=&%D871A1&%T93XR,#$R+3`T+3,P5#$U.C`S.C(U+3`T.C`P/"]X;7`Z M365T861A=&%$871E/@H@("`@("`@("`\>&UP.D-R96%T;W)4;V]L/D%C&UP34TZ26YS M=&%N8V5)1#YU=6ED.C9F.68R-V,S+60Q9C,M-&(Q,2TY-C$V+6%A,#(Y-#,S M934P-3PO>&UP34TZ26YS=&%N8V5)1#X*("`@("`@("`@/'AM<$U-.G-U8FIE M8W0^"B`@("`@("`@("`@(#QR9&8Z4V5Q/@H@("`@("`@("`@("`@("`\#D[4T5#($1)1T535"!354U-05)9/"]R9&8Z;&D^"B`@("`@("`@("`@ M(#PO"UD969A=6QT(B\^"B`@("`@("`@ M("`@(#PO7=O#I3;W5R8V5-;V1I9FEE9#X*("`@("`@("`@/'!D9G@Z0V]M M<&%N>3Y396-U&AA;F=E($-O;6UI3X*("`@("`@/"]R9&8Z1&5S8W)I<'1I;VX^"B`@(#PO5P M"`3/@:R0#SA]86O4-"F5N M9'-T7!E+UA2968O5ULQ(#(@,5T^/G-T!I(,,P` MB;D!]1[X`^(R,`()QO\PUBA!(L%T"!1^#``!!@`C$0RN#0IE;F1S=')E86T- >96YD;V)J#7-T87)T>')E9@T*,3$V#0HE)45/1@T* ` end