-----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, HpdKaTg/F0rlSv9aIQBGy+XizQmuUyWEgB6C8jyWmduz4BaJTRlFMis8nk4ov1rf VGogZR7WNRX8kHATD6JJOw== 0000930413-04-000239.txt : 20040130 0000930413-04-000239.hdr.sgml : 20040130 20040129174725 ACCESSION NUMBER: 0000930413-04-000239 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20040130 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/A 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: KOREA FUND INC CENTRAL INDEX KEY: 0000748691 IRS NUMBER: 133226146 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-36819 FILM NUMBER: 04553637 BUSINESS ADDRESS: STREET 1: 345 PARK AVE STREET 2: C/O SCUDDER STEVENS & CLARK INC CITY: NEW YORK STATE: NY ZIP: 10154 BUSINESS PHONE: 6173305464 SC 13D/A 1 c30622_sc13da.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 SCHEDULE 13D UNDER THE SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. 1) THE KOREA FUND, INC. ----------------- (Name of Issuer) COMMON STOCK ------------ (Title of Class of Securities) 500634100 --------- (CUSIP Number) Michael Pradko Harvard Management Company, Inc. 600 Atlantic Avenue Boston, Massachusetts 02210 (617) 523-4400 with a copy to: THEODORE ALTMAN, ESQ. PIPER RUDNICK LLP 1251 AVENUE OF THE AMERICAS NEW YORK, NEW YORK 10020-1104 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) JANUARY 27, 2004 (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 that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] Page 1 of 4 Pages
- -------------------------------- -------------------------------- CUSIP No. 500634100 SCHEDULE 13D AMENDMENT NO. 1 Page 2 of 4 Pages - ------------- ---------------------------------------------------------------------------------------------------------- 1 NAMES OF REPORTING PERSONS. I.R.S. IDENTIFICATION NUMBERS President and Fellows of Harvard College - ------------- ---------------------------------------------------------------------------------------------------------- 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) |_| (b) |_| - ------------- ---------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------- ---------------------------------------------------------------------------------------------------------- 4 SOURCE OF FUNDS WC - ------------- ---------------------------------------------------------------------------------------------------------- 5 CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEMS 2(d) or 2(e) |_| - ------------- ---------------------------------------------------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION Massachusetts - ------------------------------------ ----------------------------------------------------------------------------------- NUMBER OF SHARES 7 SOLE VOTING POWER BENEFICIALLY 11,813,400 ----------------------------------------------------------------------------------- OWNED BY EACH 8 SHARED VOTING POWER REPORTING PERSON WITH 0 ----------------------------------------------------------------------------------- 9 SOLE DISPOSITIVE POWER 11,813,400 ----------------------------------------------------------------------------------- 10 SHARED DISPOSITIVE POWER 0 - ------------------------------------ - ----------------------------------------------------------------------------------------------------------------------- 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,813,400 - ------------------------------------------------------------------------------------------------------------------------ 12 CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES |_| - ------------------------------------------------------------------------------------------------------------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 23.75% - ------------------------------------------------------------------------------------------------------------------------ 14 TYPE OF REPORTING PERSON EP - ------------------------------------------------------------------------------------------------------------------------
Page 2 of 4 Pages This first amendment (the "First Amendment") amends and supplements the statement on Schedule 13D, previously filed with the Securities and Exchange Commission on December 15, 2003 by the President and Fellows of Harvard College ("Harvard"), with respect to the common stock, par value $0.01 per share (the "Common Stock"), of The Korea Fund, a Maryland corporation (the "Issuer"). ITEM 4. PURPOSE OF TRANSACTION. Harvard met with the Issuer's Board of Directors on December 16, 2003. They discussed a number of matters relating to the Issuer and investments, including actions the Issuer could take to eliminate or narrow the spread between the market and net asset values of the Issuer's Common Stock. Harvard urged that the Issuer take prompt and effective action in that regard. Harvard reviewed the tender offer for up to 10% of the Common Stock and program which may result in a similar offer being made in each of the next two years announced by the Issuer on January 21, 2004. Harvard believes the tender offer and the program are inadequate and so informed the Issuer. 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. Harvard reserves the right to make any such plans or proposals in the future or to take any other steps to enhance the value of its investment. Page 3 of 4 Pages SIGNATURES 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: January 29, 2004 PRESIDENT AND FELLOWS OF HARVARD COLLEGE By: /s/ MICHAEL S. PRADKO ---------------------------------------- Name: Michael S. Pradko Title: Authorized Signatory Page 4 of 4 Pages -----END PRIVACY-ENHANCED MESSAGE-----