0001181431-11-053910.txt : 20111031 0001181431-11-053910.hdr.sgml : 20111031 20111031134228 ACCESSION NUMBER: 0001181431-11-053910 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110809 FILED AS OF DATE: 20111031 DATE AS OF CHANGE: 20111031 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/A SEC ACT: 1934 Act SEC FILE NUMBER: 811-21257 FILM NUMBER: 111167599 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/A 1 rrd324473.xml PASF 4/A 9.30.11 X0304 4/A 2011-08-09 2011-08-11 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 2011-08-09 4 S 0 787500 787500 D 9255602.08 D The transaction reported on this amendment to 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 on August 9,2011 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. However, as noted below, the amount to be paid by the issuer is based on the net asset value of the purchased interests on September 30, 2011. Under the terms of the offer, the reporting person's interests are being purchased by the issuer based on the net asset value of the reporting person's interest (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 September 30, 2011. On October 28, 2011, the reporting person received a communication from the issuer indicating that the net asset value at September 30, 2011 of the reporting person's interests sold in the tender offer (and, therefore, the price the issuer is paying for the interests) is $787,500. The amount reported as beneficially owned following the transaction is equal to the reporting person's capital account balance in the issuer, calculated as of September 30, 2011. The issuer provided information as to this amount in the October 28, 2011 communication to the reporting person. /s/ Peter M. Chiste, Vice President 2011-10-31