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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0001005477-00-000998.txt : 20000214
<SEC-HEADER>0001005477-00-000998.hdr.sgml : 20000214
ACCESSION NUMBER:		0001005477-00-000998
CONFORMED SUBMISSION TYPE:	SC 13G
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20000211

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CENTRAL EUROPEAN EQUITY FUND INC /MD/
		CENTRAL INDEX KEY:			0000860489
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				133556099
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		SC 13G
		SEC ACT:		
		SEC FILE NUMBER:	005-49273
		FILM NUMBER:		537039

	BUSINESS ADDRESS:	
		STREET 1:		31 WEST 52ND ST
		STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
		BUSINESS PHONE:		2124747000

	MAIL ADDRESS:	
		STREET 1:		31 WEST 52ND STREET
		STREET 2:		C/O DEUTSCHE BANK CAPITAL CORP
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FUTURE GERMANY FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	UNITED GERMANY FUND INC
		DATE OF NAME CHANGE:	19900219

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PRESIDENT & FELLOWS OF HARVARD COLLEGE
		CENTRAL INDEX KEY:			0000315016
		STANDARD INDUSTRIAL CLASSIFICATION:	UNKNOWN SIC - 0000 [0000]
		IRS NUMBER:				042103580
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		SC 13G

	BUSINESS ADDRESS:	
		STREET 1:		C/O HARVARD MANAGEMENT COMPANY INC
		STREET 2:		600 ATLANTIC AVENUE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02210
		BUSINESS PHONE:		6175234400
</SEC-HEADER>
<DOCUMENT>
<TYPE>SC 13G
<SEQUENCE>1
<DESCRIPTION>SCHEDULE 13G
<TEXT>


                       SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549

                                   -----------

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
          TO RULES 13d-1(b), (c), AND (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)

                               (Amendment No. )(1)

                        Central European Equity Fund Inc.
              ----------------------------------------------------
                                (Name of Issuer)

                                  Common Stock
              ----------------------------------------------------
                         (Title of Class of Securities)

                                    153436100
              ----------------------------------------------------
                                 (CUSIP Number)

                                December 31, 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:

      |X|   Rule 13d-1(b)
      |_|   Rule 13d-1(c)
      |_|   Rule 13d-1(d)

- ----------
      (1) 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 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>

- -------------------                                            -----------------
CUSIP No. 153436100                   13G                      Page 2 of 4 Pages
- -------------------                                            -----------------

- --------------------------------------------------------------------------------
1.    NAME OF REPORTING PERSONS
      S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON

            President and Fellows of Harvard College
- --------------------------------------------------------------------------------
                                                                         (a) |_|
2.    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*
                                                                         (b) |_|
- --------------------------------------------------------------------------------
3.    SEC USE ONLY

- --------------------------------------------------------------------------------
4.   CITIZENSHIP OR PLACE OF ORGANIZATION

            Massachusetts
- --------------------------------------------------------------------------------
                  5.    SOLE VOTING POWER
   NUMBER OF                  800,600 shares
    SHARES        --------------------------------------------------------------
 BENEFICIALLY     6.    SHARED VOTING POWER
   OWNED BY                   ----
     EACH         --------------------------------------------------------------
  REPORTING       7.    SOLE DISPOSITIVE POWER
    PERSON                    800,600 shares
     WITH         --------------------------------------------------------------
                  8.    SHARED DISPOSITIVE POWER
                              ----
- --------------------------------------------------------------------------------
9.    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
                  800,600 shares
- --------------------------------------------------------------------------------
10.   CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES                  |_|
      CERTAIN SHARES*
- --------------------------------------------------------------------------------
11.   PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
                  6.6%
- --------------------------------------------------------------------------------
12.   TYPE OF REPORTING PERSON*
                  EP
- --------------------------------------------------------------------------------

                      *SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>

                                  SCHEDULE 13G

Item 1(a)   Name of Issuer:
                  Central European Equity Fund Inc.

     1(b)   Address of Issuer's Principal Executive Offices:
                  c/o Deutsche Bank Capital Corp.
                  31 West 52nd Street
                  New York, New York 10019

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:
                  153436100

Item 3      The reporting person is an employee benefit plan or endowment fund
            in accordance with Rule 13d-1(b)(1)(ii)(F).

Item 4      Ownership:

     4(a)   Amount beneficially owned:
                  800,600 shares

     4(b)   Percent of Class:
                  6.6%

     4(c)   Number of shares as to which such person has:

            (i) sole power to vote or to direct the vote:
                  800,600 shares


                                Page 3 of 4 Pages
<PAGE>

            (ii)  shared power to vote or to direct the vote:
                                   ---------

            (iii) sole power to dispose or to direct the disposition of:
                        800,600 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
            and are held in the ordinary course of business and 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.

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/ Michael S. Pradko
                                            ------------------------------------
                                            Name:  Michael S. Pradko
                                            Title: Authorized Signatory

February 7, 2000


                               Page 4 of 4 Pages

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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