UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )*
The Italy Fund Inc.
(Name of Issuer)
Common Stock
(Title and Class of Securities)
465395101
(CUSIP Number)
September 30, 1999
(Date of Event which Requires filing
of this Statement)
Check the appropriate box to designate the rule pursuant to which this
Schedule is filed:
[ ] Rule 13d-1(b)
[x] Rule 13d-1(c)
[ ] Rule 13d-1(d)
*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 and
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).
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CUSIP No.: 465395101
1. NAME OF REPORTING PERSONS, I.R.S. IDENTIFICATION NOS.
OF ABOVE PERSONS
Mira, L.P., 13-4045633
2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ X]
3. SEC USE ONLY
4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware, USA
5. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE VOTING POWER 1,694,700
6. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED VOTING POWER 0
7. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SOLE DISPOSITIVE POWER 1,694,700
8. NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING
PERSON WITH SHARED DISPOSITIVE POWER 0
9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING
PERSON 1,694,700
10. CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
CERTAIN SHARES [ ]
11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 19.616%
12. TYPE OF REPORTING PERSON PN
Item 1.
The name of the issuer is The Italy Fund Inc. The address of the
issuer's principal executive offices is 388 Greenwich Street, 22nd Floor,
New York, New York 10013.
Item 2.
The name of the person filing is Mira, L.P. ("Mira"). The address of
Mira's principal business office is One Chase Manhattan Plaza, 42nd Floor,
New York, New York 10005. Mira is a limited partnership organized under the
laws of the State of Delaware.
This statement relates to shares of Common Stock, par value $0.01 per
share (the "Common Stock"). CUSIP Number: 465395101
Item 3. If this statement is filed pursuant to ss.ss.240.13d-1(b) or
240.13d-2(b) or (c), check whether the person filing is a:
This Item 3 is not applicable.
Item 4. Ownership
Mira is the beneficial owner of 1,694,700 shares of Common Stock, which
constitutes approximately 19.616% of the outstanding shares of Common Stock.
Mira has the sole power to vote or direct the vote of all 1,694,700 shares,
and the sole power to dispose or to direct the
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disposition of all 1,694,700 shares. There are zero shares as to which Mira
shares the power to vote or direct the vote of the Common Stock, and zero
shares as to which Mira shares the power to dispose or to direct the
disposition of the Common Stock .
Item 5. Ownership of Five Percent or Less of a Class
This Item 5 is not applicable.
Item 6. Ownership of More than Five Percent on Behalf of Another Person
This Item 6 is not applicable.
Item 7. Identification and Classification of the Subsidiary Which Acquired
the Security Being Reported on By the Parent Holding Company
This Item 7 is not applicable.
Item 8. Identification and Classification of Members of the Group
This Item 8 is not applicable.
Item 9. Notice of Dissolution of Group
This Item 9 is not applicable.
Item 10. Certification
By signing below I certify that, to the best of my knowledge and
belief, the securities referred to above were not acquired and are not held
for the purpose of or with the effect of changing or influencing the
control of the issuer of the securities and were not acquired and are not
held in connection with or as a participant in any transaction having that
purpose or effect.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete
and correct.
Dated: October 5, 1999
Mira, L.P.
/s/ Terence S. Leighton
By:Terence S. Leighton
Title:Vice President
