23764 Federal Register / Vol. 77, No. 77 / Friday, April 20, 2012 / Notices 

Section IV. Definitions 

For purposes of this exemption: 

(a) The term ‘‘Renaissance’’ means 

Renaissance Technologies, LLC, and its 

affiliates. 

(b) An ‘‘affiliate’’ of a person 

includes— 

(1) Any person directly or indirectly 

through one or more intermediaries, 

controlling, controlled by, or under 

common control with such entity (for 

purposes of this paragraph, the term 

‘‘control’’ means the power to exercise 

a controlling influence over the 

management or policies of a person 

other than an individual); and 

(2) Any officer of, director of, or 

partner in such person. 

(c) The term ‘‘Fair Value Pricing 

Policies’’ means the Official Pricing 

Policy established in good faith by the 

Renaissance Valuation Committee for 

valuing an instrument, which is subject 

to the approval of the Renaissance 

Technologies LLC Board of Directors. 

(d) The term ‘‘Fund’’ or ‘‘Funds’’ 

means, individually or collectively, the 

nine privately offered U.S. and non-U.S. 

collective investment vehicles managed 

by Renaissance, comprised almost 

exclusively of assets of Renaissance and 

its owners and employees (the 

Proprietary Funds) and the six privately 

offered U.S. and non-U.S. collective 

investment vehicles, consisting 

primarily of assets of clients of 

Renaissance (the non-Proprietary 

Funds). 

(e) The term ‘‘Investment Allocation’’ 

means the permitted investment 

allocation limit in the Medallion Funds 

applicable to a Renaissance employee, 

which such employee and his or her 

Spouse may utilize to make investments 

in a Medallion FF or Kaleidoscope, or 

in an applicable New Medallion 

Vehicle. 

(f) The term ‘‘IRA’’ means an 

‘‘individual retirement account’’ as 

defined under section 408(a) of the Code 

or a ‘‘Roth IRA’’ as defined under 

section 408A of the Code that is 

beneficially owned by an IRA Holder. 

(g) The term ‘‘IRA Holder’’ means a 

Participant, or the Spouse of a 

Participant, who is eligible to invest in 

a New Medallion Vehicle through his or 

her IRA. 

(h) The term ‘‘Kaleidoscope’’ means 

Renaissance Kaleidoscope Fund LLC, a 

Delaware limited liability company 

established by Renaissance to facilitate 

the investment by employees of 

Renaissance who are not Accredited 

Investors under the Securities Act of 

1933, as amended (the 1933 Act) or 

otherwise do not meet the financial 

requirements to invest in the other 

Proprietary Funds. 

(i) The term ‘‘Medallion Funds’’ 

means six of the nine Proprietary Funds, 

organized in a ‘‘master-feeder’’ 

investment structure, comprised of six 

Medallion Fund feeder funds 

(Medallion FFs) engaging in their 

investment and trading activities only 

through certain master funds and their 

subsidiaries (the Medallion Master 

Funds). 

(j) The term ‘‘New Medallion Vehicle’’ 

or ‘‘New Medallion Vehicles’’ means, 

individually or collectively, New 

Medallion FF, New Medallion FF 

RMPRF, and New Kaleidoscope. 

(k) The term ‘‘New Kaleidoscope’’ 

means Renaissance Kaleidoscope RF 

Fund LLC, the Delaware limited liability 

company established by Renaissance in 

order to facilitate an investment by IRA 

Holders who are not ‘‘Accredited 

Investors’’ under the 1933 Act in New 

Medallion FF RMPRF and New RIEF/ 

RIFF, through their IRAs. 

(l) The term ‘‘New Medallion FF’’ 

means Medallion Fund RF LP, the 

Bermuda Limited Partnership that is 

treated as a corporation for US Federal 

Income Tax purposes, established by 

Renaissance in order to facilitate an 

investment by an IRA Holder who is a 

‘‘Qualified Purchaser’’ or 

‘‘Knowledgeable Employee’’ under the 

Investment Company Act of 1940, as 

amended (the 1940 Act) in the 

Medallion Master Funds, through his or 

her IRA. 

(m) The term ‘‘New Medallion FF 

RMPRF’’ means Medallion RMPRF 

Fund LP, the Bermuda Limited 

Partnership that is treated as a 

corporation for US Federal Income Tax 

purposes established by Renaissance in 

order to facilitate the investment by IRA 

Holders who are neither Qualified 

Purchasers nor ‘‘Knowledgeable 

Employees’’ as defined in the 1940 Act, 

but who are Accredited Investors, in the 

Medallion Master Funds, through their 

IRAs. 

(n) The term ‘‘New RIEF/RIFF’’ means 

a newly organized series of RIEF RMP 

LLC and a newly created Bermuda 

limited partnership to be known as RIFF 

RF FUND LP, each of which has been 

established to facilitate investments of 

IRAs in RIEF RMP LLC and RIFF RMP 

LLC. 

(o) The term ‘‘Participant’’ means a 

person who is either an employee or a 

Permitted Owner of Renaissance at the 

time of such individual’s investment in 

the New Medallion Vehicles. 

(p) The term ‘‘Permitted Owners’’ 

means the eight individuals permitted 

to invest in the Medallion Funds 

following the termination of their 

Renaissance employment, comprised of 

three Renaissance ‘‘founders,’’ and five 

former employees who are current 

owners of Renaissance. 

(q) The term ‘‘Renaissance Valuation 

Committee,’’ or ‘‘RVC,’’ means the 

committee, established by Renaissance 

in 2008, that oversees and monitors the 

valuation process, and establishes the 

methods of, and procedures for, valuing 

various instruments traded by 

Renaissance, composed of high-level 

Renaissance employees who also may 

be Fund investors. 

(r) The term ‘‘Spouse’’ means a person 

who is (1) married to a Participant, or 

(2) to the extent not prohibited by 

applicable law, in a civil union or 

similar marriage-equivalent institution 

established pursuant to State law of the 

State where the Participant resides (or 

otherwise recognized by the State where 

the Participant resides) with a 

Participant. 

Section IV. Effective Date 

This exemption is effective as of 

January 1, 2012. 

Signed at Washington, DC, this 13th day of 

April 2012. 

Lyssa Hall, 

Acting Director of Exemption Determinations, 

Employee Benefits Security Administration, 

U.S. Department of Labor. 

[FR Doc. 2012–9496 Filed 4–19–12; 8:45 am] 

BILLING CODE 4510–29–P 

DEPARTMENT OF LABOR 

Employment and Training 

Administration 

Comment Request for Information 

Collection for Site Visit Data 

Collection; American Recovery and 

Reinvestment Act (ARRA)-Funded 

Grants; Job Training Evaluations; 

Extension Without Revisions 

AGENCY: Employment and Training 

Administration (ETA), Labor. 

ACTION: Notice. 

SUMMARY: The Department of Labor 

(Department), as part of its continuing 

effort to reduce paperwork and 

respondent burden, conducts a 

preclearance consultation program to 

provide the public and Federal agencies 

with an opportunity to comment on 

proposed and/or continuing collections 

of information in accordance with the 

Paperwork Reduction Act of 1995 (PRA) 

[44 U.S.C. 3506(c)(2)(A)]. This program 

helps ensure that requested data can be 

provided in the desired format, 

reporting burden (time and financial 

resources) is minimized, collection 

instruments are clearly understood, and 

the impact of collection requirements on 

respondents can be properly assessed. 


tkelley on DSK3SPTVN1PROD with NOTICES
Federal Register / Vol. 77, No. 77 / Friday, April 20, 2012 / Notices 23765 

Currently, ETA seeks a regular 3 year 

extension of the Office of Management 

and Budget (OMB) approval for 

collecting site visit data from 

organizations that received grants under 

four Solicitations for Grant Applications 

(SGAs) that were issued under the 

ARRA Initiative: Pathways Out of 

Poverty (POP), Energy Training 

Partnership (ETP), State Energy Sector 

Partnership (SESP), and Health Care and 

Other High Growth and Emerging 

Industries Training grant initiative. 

POP, ETP and SESP are all Green Jobs 

training programs. The overall aim of 

these evaluations is to determine the 

extent to which enrollees achieve 

increases in employment, earnings, and 

career advancement as a result of their 

participation in the training provided 

and to identify promising best practices 

and strategies for replication. It is 

necessary to collect data from the grant 

sites included in both studies while 

they are still in operation. Failure to 

collect site visit data will affect our 

ability to conduct rigorous evaluations 

of these grants. For example, site visits 

are the only way the research team can 

observe the training programs in 

operation and collect real time data that 

amplifies the findings through other 

documentation. Lack of a rigorous 

evaluation process will mean that no 

information will be available on the 

potential of training for green jobs as a 

strategy for reducing poverty or 

increasing employment. Conducting 

these evaluations rigorously requires 

appropriate operational data collection. 

This information collection follows an 

emergency review that was conducted 

in accordance with PRA and 5 CFR 

1320.13. The submission for OMB 

emergency review was approved on 

January 19, 2012. 

DATES: Written comments must be 

submitted to the office listed in the 

addresses section below on or before 

June 19, 2012. 

ADDRESSES: Submit written comments 

to Ms. Savi Swick, Office of Policy 

Development and Research, Room 

N–5641, Employment and Training 

Administration, U.S. Department of 

Labor, 200 Constitution Avenue NW., 

Washington, DC 20210. Telephone 

number: 202–693–3382 (this is not a 

toll-free number). Individuals with 

hearing or speech impairments may 

access the telephone number above via 

TTY by calling the toll-free Federal 

Information Relay Service at 1–877– 

889–5627 (TTY/TDD). Fax: 202–693– 

2766. Email: Swick.Savi@dol.gov. A 

copy of the proposed information 

collection request (ICR) can be obtained 

by contacting Savi Swick. 

SUPPLEMENTARY INFORMATION: 

I. Background 

The proposed information collection 

is for evaluations of the Green Jobs and 

Health Care training grants. This 

evaluation is sponsored by ETA to 

understand the processes surrounding 

the design and implementation of four 

specific grant programs. 

In February 2009, President Obama 

signed the ARRA into law in an effort 

to preserve and create jobs, promote 

economic growth, and assist those 

impacted by the recession. The ARRA 

included funding for four SGAs with the 

goal of training workers in the skills 

required to be employed in specific 

high-growth and emerging industries 

including health care, energy efficiency, 

and renewable energy. The four SGAs 

are: 

• Energy Training Partnership ($100 

million allocated across 25 projects) 

• Pathways Out of Poverty ($150 

million for 38 projects) 

• State Energy Sector Partnership and 

Training ($190 million for 34 projects) 

• Health Care and Other High Growth 

Emerging Industries ($225 million for 55 

projects). 

II. Review Focus 

The Department is particularly 

interested in comments which: 

• Evaluate whether the proposed 

collection of information is necessary 

for the proper performance of the 

functions of the agency, including 

whether the information will have 

practical utility; 

• Evaluate the accuracy of the 

agency’s estimate of the burden of the 

proposed collection of information, 

including the validity of the 

methodology and assumptions used; 

• Enhance the quality, utility, and 

clarity of the information to be 

collected; and 

• Minimize the burden of the 

collection of information on those who 

are to respond, including through the 

use of appropriate automated, 

electronic, mechanical, or other 

technological collection techniques or 

other forms of information technology, 

e.g., permitting electronic submissions 

of responses. 

III. Current Actions 

Type of Review: Extension without 

changes. 

Title: Site Visit Data Collection: 

American Recovery and Reinvestment 

Act (ARRA)-Funded Grants; Job 

Training Evaluations. 

OMB Number: 1205–0486. 

Affected Public: Individuals and NonProfit Private Entities. 

Total Annual Respondents: 620. 

Annual Frequency: Once. 

Total Annual Responses: 620. 

Average Time per Response: 1.5 hours 

per focus group discussion and 1 hour 

per site visit interview. 

Estimated Total Annual Burden 

Hours: 930. 

Total Annualized Operation and 

Maintenance Costs: $0. 

Comments submitted in response to 

this comment request will be 

summarized and/or included in the 

request for OMB approval of the ICR; 

they will also become a matter of public 

record. 

Dated: Signed in Washington, DC, on this 

16th day of April 2012. 

Signed: 

Jane Oates, 

Assistant Secretary for Employment and 

Training. 

[FR Doc. 2012–9585 Filed 4–19–12; 8:45 am] 

BILLING CODE 4510–FN–P 

MERIT SYSTEMS PROTECTION 

BOARD 

Privacy Act; Termination of Three 

Systems of Records 

AGENCY: Merit Systems Protection 

Board. 

ACTION: Notice. 

SUMMARY: The Merit Systems Protection 

Board (MSPB) is terminating the 

following Systems of Records: MSPB/ 

Internal 5, ‘‘Workload and Assignment 

Tracking System;’’ MSPB/Internal 7, 

‘‘Administrative Data System;’’ and 

MSPB/Central 1, ‘‘Assignment and 

Correspondence Tracking System.’’ 

They are no longer in use. 

DATES: Effective April 6, 2012. 

FOR FURTHER INFORMATION CONTACT: 

Darryl Aaron, Director of Information 

Services, Office of the Clerk of the 

Board, 1615 M Street NW., Washington, 

DC 20419; (202) 254–4474; 

Darryl.Aaron@mspb.gov. 

SUPPLEMENTARY INFORMATION: Pursuant 

to the provisions of the Privacy Act of 

1974, this notice formally terminates the 

following systems of records: MSPB/ 

Internal 5, ‘‘Workload and Assignment 

Tracking System;’’ MSPB/Internal 7, 

‘‘Administrative Data System;’’ and 

MSPB/Central 1, ‘‘Assignment and 

Correspondence Tracking System.’’ 

William Spencer, 

Clerk of the Board. 

[FR Doc. 2012–9530 Filed 4–19–12; 8:45 am] 

BILLING CODE 7400–01–P 


tkelley on DSK3SPTVN1PROD with NOTICES