0001181431-11-024423.txt : 20110418
0001181431-11-024423.hdr.sgml : 20110418
20110418165138
ACCESSION NUMBER: 0001181431-11-024423
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110418
FILED AS OF DATE: 20110418
DATE AS OF CHANGE: 20110418
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PNC ALTERNATIVE STRATEGIES FUND LLC
CENTRAL INDEX KEY: 0001198144
IRS NUMBER: 470892581
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0331
BUSINESS ADDRESS:
STREET 1: TWO HOPKINS PLAZA
CITY: BALTIMORE
STATE: MD
ZIP: 21201
BUSINESS PHONE: 800-239-0418
MAIL ADDRESS:
STREET 1: TWO HOPKINS PLAZA
CITY: BALTIMORE
STATE: MD
ZIP: 21201
FORMER COMPANY:
FORMER CONFORMED NAME: MERCANTILE ALTERNATIVE STRATEGIES FUND LLC
DATE OF NAME CHANGE: 20021223
FORMER COMPANY:
FORMER CONFORMED NAME: MERCANTILE SMALL CAP MANAGER FUND LLC
DATE OF NAME CHANGE: 20021021
FORMER COMPANY:
FORMER CONFORMED NAME: MERCANTILE CAPITAL OPPORTUNITIES FUND LLC
DATE OF NAME CHANGE: 20021011
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: PNC INVESTMENT Co LLC
CENTRAL INDEX KEY: 0000905582
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 811-21257
FILM NUMBER: 11765910
BUSINESS ADDRESS:
STREET 1: 249 FIFTH AVE.
STREET 2: ONE PLAZA, 21ST FLOOR
CITY: PITTSBURGH
STATE: PA
ZIP: 15222
BUSINESS PHONE: 2155855350
MAIL ADDRESS:
STREET 1: 222 DELAWARE AVNUE
CITY: WILMINGTON
STATE: DE
ZIP: 19899
FORMER NAME:
FORMER CONFORMED NAME: PNC INVESTMENT CORP
DATE OF NAME CHANGE: 19980107
4
1
rrd308737.xml
PNCI FORM 4 PASF 6 30 11
X0303
4
2011-04-18
0
0001198144
PNC ALTERNATIVE STRATEGIES FUND LLC
NONE
0000905582
PNC INVESTMENT Co LLC
300 DELAWARE AVENUE, SUITE 304
WILMINGTON
DE
19801
0
0
1
0
Limited Liability Company Interest
2011-04-18
4
S
0
0
0
D
0
D
The transaction reported on this Form 4 is the sale by the reporting person of a portion of its limited liability company interests (the "interests") to the issuer pursuant to an issuer tender offer. Under the terms of the offer, the issuer accepted interests that were tendered by the reporting person when the issuer gave written notice to the reporting person of the issuer's election to purchase the interests. The transaction date listed is the date the reporting person received the written notice. As noted below, however, the amount to be paid by the issuer will be based on the net asset value of the purchased interests on June 30, 2011.
Under the terms of the offer, the reporting person's interests will be purchased based on their net asset value (the value of the issuer's assets minus its liabilities, multiplied by the proportionate interest in the issuer of the reporting person's interests purchased in the offer), calculated as of June 30, 2011. Because the calculation has not yet occurred, the reporting person does not know the net asset value of the interests sold, which corresponds to the price of the interests sold. The reporting person will provide this information by an amendment to this Form 4.
The amount to be reported as beneficially owned following the transaction will be equal to the reporting person's capital account balance in the issuer, calculated as of June 30, 2011. Because the calculation has not yet occurred, the reporting person does not know the capital account balance attributable to the interests it will continue to own. The reporting person will provide information regarding the amount beneficially owned following the transaction by an amendment to this Form 4.
/s/Peter M. Chiste, Vice President
2011-04-18