Deformations of algebras and cohomology of fixed point sets

In 13] it is shown that under certain conditions the cohomology algebra of the fixed point set of a space with group action is in an algebraic sense a deformation of the cohomology algebra of the space itself. Here we attempt to prove a converse of the above statement, i.e. we try to realize geometrically a given algebraic deformation of a (commutative) graded algebras as the cohomology algebra of the fixed point set of a suitable space with group action. The first part of this note in a sense reduces this realization problem in equivariant topology to a non-equivariant problem while the second part uses Sullivan's theory of minimal models to actually obtain a converse for S¹-actions, where cohomology is taken with rational coefficients.