Schedule 13G

-----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, A9k45UqvD5ICNJ6ZclNDW4/3CIvTDrlTEnMvuWraytu4nvuKm0E+SVZh1Vtbm7pE 6G8kimTd7ERAoVOB4OTEJQ== 0001193125-08-029695.txt : 20080214 0001193125-08-029695.hdr.sgml : 20080214 20080213203711 ACCESSION NUMBER: 0001193125-08-029695 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20080214 DATE AS OF CHANGE: 20080213 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: TAILWIND FINANCIAL INC. CENTRAL INDEX KEY: 0001368879 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-82804 FILM NUMBER: 08607501 BUSINESS ADDRESS: STREET 1: 181 BAY STREET STREET 2: SUITE 4400 CITY: TORONTO STATE: A6 ZIP: M5J 2T3 BUSINESS PHONE: 416-601-2422 MAIL ADDRESS: STREET 1: 181 BAY STREET STREET 2: SUITE 4400 CITY: TORONTO STATE: A6 ZIP: M5J 2T3 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 13G BUSINESS ADDRESS: STREET 1: C/O HARVARD MANAGEMENT COMPANY INC STREET 2: 600 ATLANTIC AVENUE CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: 6175234400 SC 13G 1 dsc13g.htm SCHEDULE 13G Schedule 13G

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT

TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED

PURSUANT TO RULE 13d-2(b)

(Amendment No. )

Tailwind Financial Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

874023104

(CUSIP Number)

December 31, 2007

(Date of Event Which Requires Filing of this Statement)

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

x Rule 13d-1(b)

¨ Rule 13d-1(c)

¨ Rule 13d-1(d)


CUSIP No. 874023104		13G		Page 2 of 5 Pages


1.		NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON President and Fellows of Harvard College
2.		CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) ¨ (b) ¨
3.		SEC USE ONLY
4.		CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts


NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5. SOLE VOTING POWER 1,463,800 shares
		6. SHARED VOTING POWER —
		7. SOLE DISPOSITIVE POWER 1,463,800 shares
		8. SHARED DISPOSITIVE POWER —


9.	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,463,800 shares
10.	CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES	¨
11.	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 9.4%¹
12.	TYPE OF REPORTING PERSON EP

¹	This percentage is based on the aggregate amount of common stock outstanding, including shares of common stock trading with a warrant as a unit.

SCHEDULE 13G

Item 1

(a)

Name of Issuer:

Tailwind Financial Inc.

(b)

Address of Issuer’s Principal Executive Offices:

181 Bay Street

Suite 4400

Toronto, Ontario, Canada A6 M5J 2T3

Item 2

(a)

Name of Person Filing:

President and Fellows of Harvard College

(b)

Address of Principal Business Office or, if none, Residence:

c/o Harvard Management Company, Inc.

600 Atlantic Avenue

Boston, MA 02210

(c)

Citizenship:

Massachusetts

(d)

Title of Class of Securities:

Common Stock

(e)

CUSIP Number:

874023104

Item 3

The reporting person is an employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F).

Page 3 of 5


Item 4	Ownership:

4	(a)	Amount beneficially owned:

		1,463,800 shares

4	(b)	Percent of Class:

		9.4%²

4	(c)	Number of shares as to which such person has:

		(i)	sole power to vote or to direct the vote:

			1,463,800 shares

		(ii)	shared power to vote or to direct the vote:

			__________

		(iii)	sole power to dispose or to direct the disposition of:

			1,463,800 shares

		(iv)	shared power to dispose or to direct the disposition of:

			__________

Item 5	Ownership of Five Percent or Less of a Class:

	Not Applicable.

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.

Item 9	Notice of Dissolution of Group:

	Not Applicable.

Item 10	Certification:

	By signing below the undersigned certifies that, to the best of her knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and 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.

²	This percentage is based on the aggregate amount of common stock outstanding, including shares of common stock trading with a warrant as a unit.

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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.


PRESIDENT AND FELLOWS OF HARVARD COLLEGE

By:		/s/ Kathryn I. Murtagh
Name:		Kathryn I. Murtagh
Title:		Authorized Signatory

February 13, 2008

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