As filed with the Securities and Exchange Commission on July 19, 2004
1933 Act File No. 333-
1940 Act File No. 811-4809
U. S. SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form N-2
(Check appropriate box or boxes)
[X] REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
[ ] Pre-Effective Amendment No.
[X] Post-Effective Amendment No. 1
and
[X] REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
[X] Amendment No. 22
Liberty All-Star Equity Fund
---------------------------------------------------
(Exact Name of Registrant as Specified in Charter)
One Financial Center
Boston, Massachusetts 02111-2621
-----------------------------------------
(Address of Principal Executive Offices)
(Number, Street, City, State, Zip Code)
(617) 426-3750
--------------------------------------------------
Registrant's Telephone Number, including Area Code
David A. Rozenson Clifford J. Alexander, Esq.
Secretary Kirkpatrick & Lockhart LLP
Liberty All-Star Equity Fund 1800 Massachusetts Ave., NW
One Financial Center Washington, DC 20036
Boston, MA 02111
Approximate Date of Proposed Public Offering:
As soon as practicable after the effective date of this Registration Statement.
If any of the securities being registered on this form are offered on a delayed
or continuous basis in reliance on Rule 415 under the Securities Act of 1933,
other than securities offered in connection with a dividend reinvestment plan,
check the following box. [ ]
It is proposed that this filing will become effective (check appropriate box)
[ ] when declared effective pursuant to section 8(c)
[X] immediately upon filing pursuant to paragraph (b) of Rule 486
[ ] on (date) pursuant to paragraph (b) of Rule 486
[ ] 60 days after filing pursuant to paragraph (a) of Rule 486
[_] on(date) pursuant to paragraph (a) of Rule 486
[_] This post-effective amendment designates a new effective date for a
previously filed registration statement.
[_] The Form is filed to register additional securities for an offering
pursuant to Rule 462(b) under the Securities Act and the Securities Act
registration number of the earlier effective registration statement is
--------.
Title of Securities Amount being Proposed Maximum Proposed Maximum Amount of
Being Registered Registered Offering Price Aggregate Offering Registration Fee (1)
Per Unit (1) Price
---------------- ------------------- -------------- -------------- -------------
Shares of Beneficial 3,168,280 $8.34 $26,423,455 $3,347.85
Interest
(1) Estimated solely for the purpose of calculating the registration fee in
accordance with Rule 457 under the Securities Act of 1933 for shares to
be issued pursuant to an option to cover over-subscriptions.
___________________________________
This Registration Statement is being filed by Liberty All-Star Equity Fund (the
"Registrant") pursuant to Rule 462(b) promulgated under the Securities Act of
1933, as amended. The Registrant hereby incorporates by reference into this
Registration Statement the content of the Registrant's Registration Statement on
Form N-2 and all amendments thereto (File No. 333-113386) declared effective on
June 3, 2004 by the Securities and Exchange Commission (the "Commission")
including each of the documents filed by the Registrant with the Commission
therein.
NOTICE
A copy of the Agreement and Declaration of Trust, as amended, of Liberty All-
Star Equity Fund is on file with the Secretary of The Commonwealth of
Massachusetts and notice is hereby given that this amendment to the Fund's
Registration Statement has been executed on behalf of the Fund by an officer
of the Fund and by its Trustees as trustees and not individually and the
obligations of or arising out of this Registration Statement are not binding
upon any of the Trustees, officers or shareholders individually but are
binding only upon the assets and property of the Fund.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, and the
Investment Company Act of 1940, as amended, the Registrant has duly caused this
this Registration Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Boston and the Commonwealth of
Massachusetts on the 19th day of July, 2004.
LIBERTY ALL-STAR EQUITY FUND
/s/ WILLIAM R. PARMENTIER, JR.
By: ------------------------------
William R. Parmentier, Jr.
President
Pursuant to the requirements of the Securities Act of 1933, this Post-Effective
Amendment No. 1 to the Registration Statement has been signed below by the
following persons in their capacities and on the date indicated.
SIGNATURES TITLE DATE
---------- ----- ----
/s/ MICHAEL G. CLARKE Controller July 19, 2004
-----------------------------
Michael G. Clarke
/s/ J. KEVIN CONNAUGHTON Treasurer July 19, 2004
----------------------- (principal financial officer)
J. Kevin Connaughton
/s/ VICKI L. BENJAMIN Chief Accounting Officer July 19, 2004
--------------------- (principal accounting officer)
Vicki L. Benjamin
JOHN A. BENNING* Trustee
------------------
John A. Benning
JAMES E. GRINNELL* Trustee
---------------------
James E. Grinnell
RICHARD W. LOWRY* Trustee */s/ DAVID A. ROZENSON
----------------- ----------------------
Richard W. Lowry David A. Rozenson
Attorney-in-fact
For each Trustee
July 19, 2004
WILLIAM E. MAYER* Trustee
-----------------
William E. Mayer
JOHN J. NEUHAUSER* Trustee
------------------
John J. Neuhauser
INDEX OF EXHIBITS FILED WITH THIS AMENDMENT
Exhibit
Number Exhibit
-------- --------------------------------------------------
(l) Opinion and Consent of Counsel