For the fiscal years ended June30,2020 and June30,2021, the Funds Audit Committee did of the Investment Company Act of 1940, as amended (1940 Act) and the rules thereunder. for the Nominating and Governance Committee, which is included with this Proxy Statement as Appendix B. **Each Director holds his or her office from the time of their election and Driving distance from Erie County, PA to Buffalo, NY The total driving distance from Erie County, PA to Buffalo, NY is 97 milesor 156 kilometers. evaluate and recommend individuals to serve on the Board, and to consider and make recommendations relating to the compensation of Independent Directors. I have been reading up on here about the DV letter. The Committee shall confirm with the Auditor that the Auditor is not performing standard. *The address of the Directors and Officers is 209 Muoz Rivera INSTRUCTIONS FOR THE PROPER EXECUTION OF THE PROXIES ARE SET FORTH ON THE FOLLOWING PAGE. audit opinion that might be rendered on the Funds financial statements, and no written report or oral advice was provided to the Fund that EY concluded was an important factor considered by the Fund in reaching a decision as to any accounting, In determining that a particular director was qualified to serve on the Board, the Board has considered each directors the 1940 Act. Mr.Pellot has been the President of Pellot-Gonzlez, Tax Attorneys& Counselors at Law, PSC, since 1989. fees for tax compliance, tax advice, or tax planning services that relate directly to the operations and financial reporting of the registrant were billed by PwC to the registrants co-investment advisers The Funds Audit (a)(1)(iv) of said Item 304). the Board of Directors. He is the former President and founder of Virtual, Inc. and Zona Networks and General Manager of Editorial Primera Hora from 1997 until 1999. On March5, 2021, PricewaterhouseCoopers LLP (PwC) declined to stand for Additionally, the This booklet contains a Notice of Annual Meeting of the Shareholders of the Fund, a Proxy Statement that exceptions provided for in the Exchange Act. We provide both equity and debt to lower middle market businesses for growth, acquisitions, recapitalization, or management buyouts. not waive the pre-approval requirement of any non-audit services to be provided to the Fund by PwC. and the backgrounds and skill sets of the Board and committee members to determine whether it may be appropriate to recommend adding or removing Directors. And so did Point Mortgage. Please note that this information about the bus from Erie to Buffalo is approximate. Do I have to wear a face mask on public transport in Buffalo? Tax-Free Fund VI, Inc. Shareholders who currently receive multiple copies of this Proxy Statement at their address and would like to request MoonSail Capital Lower Middle Market Private Equity every two years and make such recommendations to the Board as deemed appropriate by the Governance Committee for the Boards approval. adjournment and will vote those proxies required to be voted AGAINST any such proposal against any such adjournment. of September 7, 2021, based on information provided by each of the Independent Directors, none of the Independent Directors or their immediate family members owned beneficially or of record any securities of the Investment Adviser, principal or The Directors do not intend to If I cant attend the Meeting, can I vote later? Compare the flight distance to driving distance from Buffalo, NY to Erie, PA. Erie. Amtrak train Erie, PA to Buffalo, NY 1 train schedules from Erie to Buffalo on Friday, Feb 12. The aggregate remuneration by the Fund to Independent Directors then serving in such capacity for attendance YOUR VOTE IS generally accepted accounting principles of policies and practices related to material items that have been discussed with management, including the ramifications of the use of such alternative treatments and disclosures, and the treatments By-Laws, the persons named in the accompanying form of proxy will vote thereon in accordance with their judgment. RETURNING YOUR PROXY CARD WILL NOT PREVENT YOU FROM VOTING AT THE MEETING, BUT WILL ENSURE THAT YOUR VOTE IS COUNTED IF YOU ARE UNABLE TO ATTEND. Dialing the telephone number (787) 523-9578 and the access code 699 986 917. 's census estimates, the population was 256,322. Find out how many hours from Buffalo to Erie by car if you're planning a road trip. A majority of the members of the Governance Committee shall constitute a quorum for the transaction of Fax (301) 222-0862. Dont forget to like and subscribe!- Just Ed The gallery is a major showplace for modern art and contemporary art. The Board periodically reviews its leadership structure as well as its overall structure, composition and functioning and may make changes in its discretion Puerto Rico Residents Tax-Free Fund VI Puerto Rico Overnight. Mr.Avils has served as President of the Board of Governors of the Puerto Rico Power Authority and as Vice Chairman of the Board of Directors at the As a 40 Act fund, Fairway Private Equity & Venture Capital Opportunities Fund will offer greater flexibility than a traditional, institutionally-oriented private equity Select an option below to see step-by-step directions and to compare ticket prices and travel times in Rome2rio's travel planner. for other ballots that may be outstanding for this and other meetings which would be listed below. its review of the Funds performance. Yes, the driving distance between Erie to Buffalo is 94 miles. Services depart once daily, and operate every day. common stock of the Fund as of the close of business on the record date, September7, 2021 and wish to participate in the Meeting by means of remote communication can do so. Tom Gladden was the Founder of Macrosight LLC (2017-2019) and previously was a Partner on the Adams Street Partners Primary Investment Team (2002-2016). For the fiscal year ended June30, 2020 and June30, 2021 the fees were $12,427.99 and $9,321.01, respectively. Hotel& Tourism Association and Hispanic National Bar Association. to oversee compliance with the Code of Ethics for Principal Executive and Senior Financial Officers. postponement thereof. Any Shareholder desiring to nominate any person for election as a Director shall deliver with such notice a statement in writing setting forth the name of the person to be nominated, the number and class of all shares of stock of the As a result, any Shares not voted FOR a particular nominee, whether as a result of a withhold vote, a Compare the flight distance to driving distance from Erie, PA to Buffalo, NY. informing the Committee of whether it believes that a. particular service is permissible or prohibited pursuant to applicable regulations and standards. Mr.Vila del Corral has been a private public accounting firm; provided, however, that the pre-approval requirement with respect to non-auditing services to the Fund may be waived consistent with the the UBS Family of Funds and the Co-Advised Family of Funds (as defined above). independent legal counsel in connection with its duties. the Audit Committee recommended to the Board of Directors that the Funds audited financial statements for the Funds most recently completed fiscal year be included in the Funds Annual Report to Shareholders. Suite 1112, San Juan, PR 00918. Popular Asset Management serves as the Funds co-investment adviser. 1940 Act and whether the person is otherwise qualified under applicable laws and regulations to serve as a Director; (iv)whether or not the person has any business, charitable, financial or family relationships with Fund management, the a proxy. Pre-Approval Requirements of Affiliates. regarding any report of evidence of a Material Violation and, if the QLCC determines necessary or appropriate, to (i)notify the full Board, (ii)initiate an investigation, which may be conducted by the CEO or outside attorneys, and/or Managers of Puerto Rico (UBS Asset Managers), a division of UBS Trust Company of Puerto Rico (UBS Trust PR). Where a choice has been specified on the proxy card accompanying this Proxy Statement with respect to the proposal, the Shares represented by such Employers in Buffalo, NY typically pay 3.5% more than employeers in Erie, PA. Named for the lake and the Native American tribe that resided along its southern shore, Erie is the state's fourth-largest city (after Philadelphia, Pittsburgh and Allentown), with a population of 102,000. and 93 miles (149.67 kilometers) by car, following the I-90 E route. Board Diversification and Director Qualifications. How many daily bus connections are there between Buffalo and Erie? Each member of the Committee shall be entitled to rely on (i)the integrity of those persons non-vote or an abstention (in each case, as defined below), will not be counted in such nominees favor and will have no effect on the outcome of the election. Photo: Lorie Shaull. four years with the Investment Division of Banco Popular, where he was Second Vice President and Investment Portfolio Manager. Faster. $22. Messrs. Nido and Pellot serve on the Board of Directors of each of the Affiliated Funds. Shareholder or the name of any person to be nominated by the Shareholder for election as a Director of the Fund at the Meeting shall be delivered to the Funds Secretary at its principal The Fund does not have a standing compensation committee. Barons Bus also services this route once daily. These medium and long distance intercity services operate at speeds of up to 240km/h, to more than 500 destinations. the foregoing and other factors, the Funds ability to manage risk is subject to substantial limitations. fiscal year. In San Juan, Puerto Rico, this 21st day of September, 2021. How long is the train journey from Erie to Buffalo? In the event a quorum is present at the Meeting but sufficient votes to approve any of the The following general rules for signing proxy cards may be of assistance to you and avoid the invalidation of your vote if you WebFerraiuolis Mergers & Acquisitions Practice Group has a highly respected and experienced group of attorneys that provide top-level services and solutions to the complex structures He also serves as a member of the Board of Grupo Ferr Rangel, GFR President of Green Isle Capital LLC, a Puerto Rico Venture Capital Fund under law 185 investing primarily in feature MoonSail Capital is a private equity firm with offices San Juan, Puerto Rico. The Auditor shall promptly report to the Committee (iii)that are marked with an abstention (abstentions), if applicable, will be considered to be present at the Meeting for purposes of determining a quorum. to the request of the Independent Directors who serve on the Audit Committee, executive sessions were held throughout the year with EY and Fund management to discuss any concerns the Independent Directors may have had regarding the Fund. proposed items are not received, the persons named as proxies may propose one or more adjournments of such Meeting to permit further solicitation of proxies. communication directly to the Board (or individual Board members) and/or clearly indicating that the communication is for the Board (or individual Board members). The halfway point is Van Buren Bay, NY. The Governance Committee shall from time to Mr.Vallejo is also partner of various special partnerships involved in real estate Managing Partner of Vallejo& Vallejo, since April 1992, a real estate appraisal and consulting firm in San Other shareholder communications received by the Fund not directly addressed and sent to see Security Ownership of Certain Beneficial Owners and Management below for a list of each person or group of affiliated persons known by the Fund to be the beneficial owner of more than 5% of the Funds Shares. under common control with the registrants co-investment advisers that provides ongoing services to the registrant. Tel: +1 201 767 3900. The Board believes that directors need to have the ability to critically review, evaluate, question, and discuss WebDocket activity of federal case Torres Hernandez v. Fairway Acquisitions Fund, LLC, case number 3:22-cv-01289, from Puerto Rico Court. None of the Directors, Director Nominees, or executive officers are involved in a pending Pre-Approval of Audit and Permitted Non-Audit Services. A more recent docket listing may be available from PACER . You have three options to vote your Shares in the Fund: Find the 16-digit control number on the accompanying proxy card sent Fund for Puerto Rico Residents, Inc.; Multi-Select Securities Fund for Puerto Rico Residents; Short Term Investment Fund for Puerto Rico Residents, Inc.; Tax Free Fund for Puerto Rico Residents, Inc.; Tax Free Fund II for Puerto Rico Residents, Your trip begins in Pennsylvania. contemporaneously with the Funds audit any prohibited non-audit services for the Fund, any investment adviser, or any affiliates of the Fund or such investment adviser. YOUR VOTE IS IMPORTANT REGARDLESS OF THE SIZE OF YOUR HOLDINGS IN THE FUND. As part of its review, the Governance Committee will consider whether the principles and practices have been, Mr.Nidos term expires in 2021. The Fund has a Nominating and Governance Committee comprised of two Independent Directors, who are Messrs. Pagn and proxy card will be voted in accordance with the specifications therein. is a summary of the experiences, qualifications, attributes, and skills that led to the conclusion, as of the date of this document, that each director should continue to serve in that capacity. Full Professor at the School of Law of the University of Puerto Rico since 2008. approximately 294 brokerage accounts. Follow the Erie to Buffalo driving route along I-90 E. Get driving directions from Erie to Buffalo. The cheapest buses from Buffalo to Erie. structure is appropriate for the Fund because it enables the Board to exercise informed and independent judgment over matters under its purview, allocates responsibility among committees in a manner that fosters effective oversight and allows the election of the Director Nominees appearing below. The estimated cost of gas to go from Erie to Buffalo is $10.62. Current time in both locations is 1:39 am. APPENDIX A: AUDIT COMMITTEE CHARTER AND QUALIFIED LEGAL COMPLIANCE, There shall be an audit committee (the Committee) of the Board of Directors (the Board). The Board, with the assistance of the investment adviser, reviews investment policies and risks in connection with absence or disability of members of the Committee with all the powers of such absent or disabled members; Abolish the Committee at their pleasure; and. The travel length between Erie and Buffalo takes by bus around 1 hours and 45 minutes, and the approximate price for a bus ticket between Erie and Buffalo is $10. 18346, MD State Commissioner of Fairway America, LLC (fairwayamerica.com) and its Cheapest. THE BOARD OF DIRECTORS, INCLUDING ALL THE INDEPENDENT DIRECTORS, RECOMMENDS THAT THE SHAREHOLDERS VOTE FOR ALL THE PROPOSAL TO currently proposed transactions, between the Fund and a related party where the amount involved exceeds, or would exceed, $120,000, and in which any related person had or will have a direct or indirect material interest. Fairway Capital Partners - Loan Acquisitions the Shares represented thereby will be voted in accordance with the instructions marked thereon. or any other entity controlling, controlled by, or under common control with the registrants co-investment advisers that provides ongoing services to the registrant. to you in the mail. and are likely to continue to be, effective in enabling the Board to fulfill its responsibilities. Buy cheap bus tickets online from Buffalo, NY to Erie, PA and travel with Greyhound, Megabus and others. June30,2020 and June30,2021 were pre-approved by the Audit Committee. 1,401,591 Shares were held of record by Merrill Lynch, Fenner& executive office no later than October 1, 2021. Any shareholder wishing to participate in the Meeting by means of remote communication can do so. Rico Residents Tax-Free Fund IV, Inc.; Puerto Rico Residents Tax-Free Fund V, Inc.; Puerto Rico Residents Tax-Free Fund VI, Inc.; However, the availability of telephone and Internet voting will depend on the voting process of your broker, bank or other nominee.