<PAGE>
AS FILED WITH THE SECURITIES AND EXCHANGE COMMISSION ON FEBRUARY 24, 1999
REGISTRATION NO. 333-33975
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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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POST-EFFECTIVE AMENDMENT NO. 2
TO THE
FORM S-1
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933
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MORGAN STANLEY TANGIBLE ASSET FUND L.P.
(Exact name of registrant as specified in charter document)
<TABLE>
<S> <C> <C>
DELAWARE 6799 13-3968008
(State of Organization (Primary Standard Industrial (I.R.S. Employer
of Issuer) Classification Code Number Identification
Number)
</TABLE>
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Two World Trade Center, 62nd Floor
New York, New York 10048
(212) 392-8899
(Address, including zip code, and telephone number, including
area code, of registrant's principal executive offices)
Mark J. Hawley
DEMETER MANAGEMENT CORPORATION
Two World Trade Center, 62nd Floor
New York, New York 10048
(212) 392-8899
(Name and address, including zip code, and telephone number,
including area code, of agent for service)
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COPIES OF COMMUNICATIONS TO:
Edwin L. Lyon, Esq. Michael T. Gregg, Esq.
Cadwalader, Wickersham & Taft Dean Witter Reynolds Inc.
1333 New Hampshire Avenue, N.W. Two World Trade Center, 65th Floor
Washington, D.C. 20036 New York, New York 10048
(202) 862-2200 (212) 392-5530
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APPROXIMATE DATE OF COMMENCEMENT OF PROPOSED SALE TO THE PUBLIC:
AS SOON AS PRACTICABLE AFTER THE EFFECTIVE DATE OF THIS REGISTRATION STATEMENT.
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If any of the securities being registered on this Form are to be offered on
a delayed or continuous basis pursuant to Rule 415 under the Securities Act of
1933 check the following box. / /
If this Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act, please check the following box
and list the Securities Act registration statement number of the earlier
effective registration statement for the same offering. / /
If this Form is a post-effective amendment filed pursuant to Rule 462(c)
under the Securities Act, check the following box and list the Securities Act
registration statement number of the earlier effective registration statement
for the same offering. / /
If delivery of the prospectus is expected to be made pursuant to Rule 434,
please check the following box. / /
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The registrant hereby amends this Registration Statement on such date or dates
as may be necessary to delay its effective date until the registrant shall file
a further amendment which specifically states that this Registration Statement
shall thereafter become effective in accordance with Section 8(a) of the
Securities Act of 1933 or until the Registration Statement shall become
effective on such date as the Commission, acting pursuant to said Section 8(a),
may determine.
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<PAGE>
This Post-Effective Amendment No. 2 to the Registration Statement on Form
S-1 (Reg. No. 333-33975) (the "Registration Statement") of Morgan Stanley
Tangible Asset Fund L.P. (the "Registrant") consists of a cover page, this page,
and a signature page.
The Registrant originally offered 5,000,000 Units of Limited Partnership
Interest ("Units") on a "best efforts" basis through a Prospectus dated November
10, 1997 and a Supplement to the Prospectus dated July 10, 1998. Units were
issued and sold at closings (each a "Closing"), held on January 2, 1998,
February 2, 1998, March 2, 1998, April 1, 1998, August 3, 1998, September 1,
1998 and October 1, 1998, respectively, at a price per Unit equal to the "Net
Asset Value" thereof as of the close of business on the last day of the month
immediately preceding the Closing. The results of the seven Closings are
summarized in the following table:
RESULTS OF OFFERING
<TABLE>
<CAPTION>
PRICE PER PROCEEDS IN
DATE OF CLOSING UNITS SOLD UNIT DOLLARS
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<S> <C> <C> <C>
January 2, 1998.................................................... 2,547,686.803 $ 10.00 $ $25,476,868.03
February 2, 1998................................................... 572,639.328 $ 10.13 $ 5,800,837.21
March 2, 1998...................................................... 367,946.812 $ 9.53 $ 3,506,533.00
April 1, 1998...................................................... 557,230.540 $ 9.54 $ 5,315,979.31
August 3, 1998..................................................... 52,593.838 $ 7.85 $ 412,861.60
September 1, 1998.................................................. 62,841.469 $ 7.23 $ 454,343.80
October 1, 1998.................................................... 34,554.842 $ 7.75 $ 267,800.00
--------------- ------------------
Totals for All Closings:........................................... 4,195,493.632 $ 41,235,222.95
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</TABLE>
Accordingly, pursuant to Item 512(a)(3) of Regulation S-K and undertaking
(4) in Item 17 of the Registration Statement, the Registrant hereby deregisters
the 804,506.368 Units that were not sold in the public offering and which remain
registered under the Registration Statement.
<PAGE>
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the registrants
have duly caused this Post Effective Amendment No. 2 to the Registration
Statement to be signed on their behalf by the undersigned, thereunto duly
authorized, in the City of New York and State of New York on the 24th day of
February, 1999.
<TABLE>
<S> <C> <C>
MORGAN STANLEY TANGIBLE ASSET FUND L.P.
By: DEMETER MANAGEMENT CORPORATION
General Partner
By: /s/ ROBERT E. MURRAY
-----------------------------------------
Robert E. Murray, PRESIDENT
</TABLE>
Pursuant to the requirements of the Securities Act of 1933, this
Post-Effective Amendment No. 2 to the Registration Statement has been signed by
the following persons in the capacities and on the date indicated.
<TABLE>
<CAPTION>
SIGNATURE TITLE DATE
------------------------------ -------------------------- -------------------
<C> <C> <S> <C>
DEMETER MANAGEMENT CORPORATION General Partner
/s/ MARK J. HAWLEY Chairman of the Board and
By: ------------------------------ Director of the General February 24, 1999
Mark J. Hawley Partner
/s/ ROBERT E. MURRAY
------------------------------ President and Director of February 24, 1999
Robert E. Murray the General Partner
------------------------------ Director of the General
Joseph G. Siniscalchi Partner
------------------------------ Director of the General
Edward C. Oelsner, III Partner
Vice President, Chief
/s/ LEWIS A. RAIBLEY, III Financial and Principal
------------------------------ Accounting Officer, and February 24, 1999
Lewis A. Raibley, III Director of the General
Partner
</TABLE>
