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