UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G-A
(Rule 13d-102)
Information Statement Pursuant to Rules 13d-1 and 13d-2
Under the Securities Exchange Act of 1934
(Amendment No. 1)*
Southern Africa Fund, Inc.
---------------------------------------------------------------
(Name of Issuer)
Common Stock
----------------------------------------------------------------
(Title of Class of Securities)
842157109
-----------------------------
(CUSIP Number)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liab lities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1 of 11 Pages
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 842157109 | 13G | Page 2 of 11 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | President and Fellows of Harvard College |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Massachusetts |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 337,600 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | --- |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 337,600 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | --- |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 337,600 shares |
|--------|---------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|---------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 5.6% |
|--------|---------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | EP |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 2 of 11 Pages
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 842157109 | 13G | Page 3 of 11 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | The Harvard University Master Trust Fund |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [X] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Massachusetts |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 10,300 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | --- |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 10,300 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | --- |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 10,300 shares |
|--------|---------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|---------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 0.2% |
|--------|---------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | EP |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 3 of 11 Pages
<PAGE>
SCHEDULE 13G
------------
Item 1(a) Name of Issuer:
Southern Africa Fund, Inc.
1(b) Address of Issuer's Principal Executive Offices:
1345 Avenue of the Americas
New York, New York 10105
Item 2(a) Name of Person Filing:
(i) President and Fellows of Harvard College ("P&F")
(ii) The Harvard University Master Trust Fund ("HUMT")
2(b) Address of Principal Business Office or, if none, Residence:
(i) P&F: c/o Harvard Management Company, Inc.
600 Atlantic Avenue
Boston, MA 02210
(ii) HUMT: 1350 Massachusetts Avenue
Holyoke Center, Room 340
Cambridge, MA 02138
2(c) Citizenship:
(i) P&F: Massachusetts
(ii) HUMT: Massachusetts
2(d) Title of Class of Securities:
Common Stock
2(e) CUSIP Number:
842157109
Item 3 If this statement is filed pursuant to Rules 13d-1(b),
or 13d-2(b):
The entities filing are a Group in
accordance with Rule 13d-1(b)(1)(ii)(H).
Item 4 Ownership:
4(a) Amount beneficially owned:
(i) P&F: 337,600 shares
(ii) HUMT: 10,300 shares
4(b) Percent of Class:
(i) P&F: 5.6%
(ii) HUMT: 0.2%
Page 4 of 11 Pages
<PAGE>
4(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
(i) P&F: 337,600 shares
(ii) HUMT: 10,300 shares
(ii) shared power to vote or to direct the vote:
---------
(iii) sole power to dispose or to direct the disposition of:
(i) P&F: 337,600 shares
(ii) HUMT: 10,300 shares
(iv) shared power to dispose or to direct the
disposition of:
--------
Item 5 Ownership of Five Percent or Less of a Class:
Not Applicable.
Item 6 Ownership of More than Five Percent on Behalf of Another
Person:
Not Applicable.
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent
Holding Company:
Not Applicable.
Item 8 Identification and Classification of Members of the Group:
See Exhibit A.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
By signing below the undersigned certifies that, to the best
of its knowledge and belief, the securities referred to
above were acquired in the ordinary course of business and
were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with
or as a participant in any transaction having such purpose
or effect.
Page 5 of 11 Pages
<PAGE>
After reasonable inquiry and to the best of its knowledge and belief, the
undersigned certifies that the information set forth in this statement is true,
complete and correct.
PRESIDENT AND FELLOWS OF HARVARD COLLEGE
By: /s/ Verne O. Sedlacek
--------------------------------
Name: Verne O. Sedlacek
Title: Authorized Signatory
THE HARVARD UNIVERSITY MASTER TRUST FUND
By: /s/ Verne O. Sedlacek
--------------------------------
Name: Verne O. Sedlacek
Title: Authorized Signatory
February 12, 1997
Pursuant to Rule 101(a)(2)(ii) of Regulation S-T, attached hereto as Exhibit B
to this Schedule 13G-A is a copy of the initial Schedule 13G.
Page 6 of 11 Pages
<PAGE>
Exhibit A
---------
Member of a Group Item 3 Classification
----------------- ---------------------
(1) President and Fellows of Harvard College EP
(2) The Harvard University Master Trust Fund EP
Page 7 of 11 Pages
<PAGE>
Exhibit B
---------
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
Under the Securities Exchange Act of 1934
(Amendment No. )*
Southern Africa Fund Inc.
----------------------------------------------------------------
(Name of Issuer)
Common Stock
----------------------------------------------------------------
(Title of Class of Securities)
842157109
-----------------------------
(CUSIP Number)
Check the following box if a fee is being paid with the statement [x] (A fee is
not required only ifthe reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
*The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 8 of 11 Pages
<PAGE>
- ------------------------- ---------------------------
|CUSIP NO. 842157109 | 13G | Page 9 of 11 Pages |
| ----------- | | --- --- |
- ------------------------- ---------------------------
|--------|---------------------------------------------------------------------|
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | President and Fellows of Harvard College |
|--------|---------------------------------------------------------------------|
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ] |
| | (b) [ ] |
| | |
|--------|---------------------------------------------------------------------|
| 3 | SEC USE ONLY |
| | |
|--------|---------------------------------------------------------------------|
| 4 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | Massachusetts |
|--------|-----------------|--------|------------------------------------------|
| | 5 | SOLE VOTING POWER |
| | | 383,700 shares |
| NUMBER OF |--------| -----------------------------------------|
| SHARES | 6 | SHARED VOTING POWER |
| BENEFICIALLY | | --- |
| OWNED BY ----------------------------------------------------|
| EACH | 7 | SOLE DISPOSITIVE POWER |
| REPORTING | | 383,700 shares |
| PERSON ----------------------------------------------------|
| WITH | 8 | SHARED DISPOSITIVE POWER |
| | | --- |
|--------|---------------------------------------------------------------------|
| 9 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | |
| | 383,700 shares |
|--------|---------------------------------------------------------------------|
| 10 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN [ ] |
| | SHARES* |
| | |
|--------|---------------------------------------------------------------------|
| 11 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) |
| | 6.4% |
|--------|---------------------------------------------------------------------|
| 12 | TYPE OF REPORTING PERSON * |
| | EP |
- --------------------------------------------------------------------------------
*SEE INSTRUCTIONS BEFORE FILLING OUT!
Page 9 of 11 Pages
<PAGE>
SCHEDULE 13G
------------
Item 1(a) Name of Issuer:
Southern Africa Fund Inc.
1(b) Address of Issuer's Principal Executive Offices:
1345 Avenue of the Americas
New York, New York 10105
Item 2(a) Name of Person Filing:
President and Fellows of Harvard College
2(b) Address of Principal Business Office or, if none,
Residence:
c/o Harvard Management Company, Inc.
600 Atlantic Avenue
Boston, MA 02210
2(c) Citizenship:
Massachusetts
2(d) Title of Class of Securities:
Common Stock
2(e) CUSIP Number:
842157109
Item 3 If this statement is filed pursuant to Rules 13d-1(b), or
13d-2(b):
The reporting person is an Employee Benefit Plan,
Pension Fund which is subject to the provisions of the
Employee Retirement Income Security Act of 1974 or
Endowment Fund.
Item 4(a) Amount beneficially owned:
383,700 shares
4(b) Percent of Class:
6.4%
4(c) Number of shares as to which such person has:
(i) sole power to vote or to direct the vote:
383,700 shares
(ii) shared power to vote or to direct the vote:
-----
Page 10 of 11 Pages
<PAGE>
(iii) sole power to dispose or to direct the disposition of:
383,700 shares
(iv) shared power to dispose or to direct the disposition of:
-----
Item 5 Ownership of Five Percent or less of a Class:
Not Applicable.
Item 6 Ownership of more than Five Percent on behalf of another
person:
Not Applicable.
Item 7 Identification and Classification of the Subsidiary which
Acquired the Security Being Reported on by the Parent
Holding Company:
Not Applicable.
Item 8 Identification and Classification of Members of the Group:
Not Applicable.
Item 9 Notice of Dissolution of Group:
Not Applicable.
Item 10 Certification:
By signing below the undersigned certifies that, to the best
of its knowledge and belief, the securities referred to
above were acquired in the ordinary course of business and
were not acquired for the purpose of and do not have the
effect of changing or influencing the control of the issuer
of such securities and were not acquired in connection with
or as a participant in any transaction having such purposes
or effect.
After reasonable inquiry and to the best of its knowledge
and belief, the undersigned certifies that the information
set forth in this statement is true, complete and correct.
PRESIDENT AND FELLOWS OF
HARVARD COLLEGE
By: /s/ Verne O. Sedlacek
------------------------------
Name: Verne O. Sedlacek
Title: Authorized Signatory
February 13, 1996
Page 11 of 11 Pages
