0001140361-14-018023.txt : 20140430 0001140361-14-018023.hdr.sgml : 20140430 20140430151307 ACCESSION NUMBER: 0001140361-14-018023 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20120201 FILED AS OF DATE: 20140430 DATE AS OF CHANGE: 20140430 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Permal Hedge Strategies Fund I CENTRAL INDEX KEY: 0001534643 IRS NUMBER: 453765979 STATE OF INCORPORATION: MD BUSINESS ADDRESS: STREET 1: 55 WATER STREET STREET 2: FLOOR 32 CITY: NEW YORK STATE: NY ZIP: 10041 BUSINESS PHONE: 888-777-0102 MAIL ADDRESS: STREET 1: 55 WATER STREET STREET 2: FLOOR 32 CITY: NEW YORK STATE: NY ZIP: 10041 FORMER COMPANY: FORMER CONFORMED NAME: Permal Hedge Strategies Fund DATE OF NAME CHANGE: 20111109 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: LEGG MASON, INC. CENTRAL INDEX KEY: 0000704051 STANDARD INDUSTRIAL CLASSIFICATION: INVESTMENT ADVICE [6282] STATE OF INCORPORATION: MD FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 811-22628 FILM NUMBER: 14798121 BUSINESS ADDRESS: STREET 1: 100 INTERNATIONAL DRIVE CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 4105390000 MAIL ADDRESS: STREET 1: 100 INTERNATIONAL DRIVE CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER NAME: FORMER CONFORMED NAME: LEGG MASON INC DATE OF NAME CHANGE: 19920703 4 1 doc1.xml FORM 4 X0306 4 2012-02-01 0 0001534643 Permal Hedge Strategies Fund I N/A 0000704051 LEGG MASON, INC. 100 INTERNATIONAL DRIVE BALTIMORE MD 21202 0 0 0 1 Parent of Mgr. and Sub-advisor Shares 2012-02-01 4 P 0 1990000 10.00 A 2000000 D Shares 2013-01-01 4 J 0 2067218 D 951 D Institutional Shares 2013-01-01 4 J 0 2065312 A 2065312 D On February 1, 2012, the Reporting Person purchased $19,900,000.00 of Shares of the issuer at a price of $10.00 per share. On January 1, 2013, the Reporting Person exchanged 2,067,218 Shares for 2,065,312 Institutional Shares. As of January 1, 2013, the net asset value per Share was $10.51, and the net asset value per Institutional Share was $10.52. The remaining 951 Shares have been reclassified as an equal number of Service Shares. /s/ George P. Hoyt by Power of Attorney for Thomas C. Merchant, Executive Vice President, Corporate Secretary and General Counsel, on behalf of Legg Mason, Inc. 2014-04-30 EX-24.1 2 poa1.htm POWER OF ATTORNEY Unassociated Document
NEW YORK POWER OF ATTORNEY

KNOW ALL PEOPLE BY THESE PRESENTS, that each person whose signature appears below hereby makes, constitutes and appoints each of Robert Frenkel, Thomas Mandia, Kenneth D. Fuller, Elisabeth F. Craig, Richard Wachterman, John Redding, Mitchell O’Brien and George Hoyt, as a true and lawful attorney-in-fact and agent of the undersigned with full power of substitution and resubstitution, for and in the name, place and stead of the undersigned (both in the undersigned’s individual capacity, as a member of any limited liability company, as a partner of any partnership or as an officer of any corporation for which the undersigned are otherwise authorized to sign), to execute, deliver and file such forms, with all exhibits thereto, as may be required to be filed from time to time with the Securities and Exchange Commission with respect to: (i) Sections 13(d) and 16(a) of the Securities Exchange Act of 1934, as amended (the “Act”), and the rules and regulations promulgated thereunder, as applicable, including without limitation, Schedule 13D, Schedule 13G, statements on Form 3, Form 4 and Form 5 relating to any closed-end fund management company advised by an affiliate of Legg Mason, Inc. (each a “Fund”, collectively the “Funds”)  and (ii) in connection with any application for EDGAR access codes, including without limitation the Form ID, related thereto, granting unto said attorneys-in-fact and agents, and each of them, acting separately, full power and authority to do and perform each and every act and thing requisite and necessary to be done in connection therewith, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof. Each of the lawful attorneys-in-fact and agents named herein may act separately.
 

Except as otherwise specifically provided herein, this Power of Attorney shall not in any manner revoke, in whole or in part, any Power of Attorney previously executed.  This Power of Attorney shall not be revoked by any subsequent Power of Attorney executed in the future, unless such subsequent Power of Attorney specifically refers to this Power of Attorney, or specifically states that the instrument is intended to revoke this Power of Attorney, all prior general Powers of Attorney or all prior Powers of Attorney.

This Power of Attorney may be revoked by written instrument executed the principal and duly acknowledged.  Whenever two or more Powers of Attorney are valid at the same time, the agents appointed on each shall act separately, unless otherwise specified in the documents.  Any provision of this Power of Attorney held by a court of competent jurisdiction to be invalid or unenforceable shall not impair or invalidate the remainder of the Power of Attorney and the effect thereof shall be confined to the provisions so held to the invalid or unenforceable.


IN WITNESS WHEREOF, I have executed this instrument as of the 29th day of April, 2014.


     
/s/ Thomas C. Merchant
   
Thomas C. Merchant