Fund Notes 09_15_03

CID Equity Capital VIII LP of Indianapolis raised additional $5.3 million through a private placement of partnership interests. This brings the total amount raised to $35.6 million. Most recently, the fund reported that it had raised $30.3 million from 21 accredited investors as of February 17. The fund had filed to raise $100 million. A minimum investment of $100,000 is required on the placement. The fund describes itself as a venture capital partnership.

Renaissance Equity Partners LP of Ashburn, Va., has filed to raise $500 million through a private offering of partnership interests. A minimum investment of $100,000 is required on the placement.

European Strategic Partners II “A” of Edinburgh, UK, has filed to raise $392.9 million through a private offering of partnership interests. At the time of its SEC filing, the fund had already raised $32.5 million from four accredited investors. The fund plans to make private equity investments primarily in Europe. The fund counts among beneficial owners City of Philadelphia Board of Pensions and Retirement.

European Strategic Partners II “B” of Edinburgh, UK, has filed to raise $392.9 million through a private offering of partnership interests. At the time of its SEC filing, the fund had already raised $3 million from two accredited investors. The fund plans to make private equity investments primarily in Europe.

FLAG Private Equity II LP of Stamford, Conn., has filed to raise $350 million through a private offering of partnership interests. At the time of its SEC filing, the fund had already raised $48.7 million from 27 accredited investors. The minimum investment of $3 million required on the placement can be waived. The fund is established to facilitate family office investments in venture capital funds.

FLAG Private Equity V LP of Stamford, Conn., has filed to raise $350 million through a private offering of partnership interests. At the time of its SEC filing, the fund had already raised $81.7 million from 34 accredited investors. The minimum investment of $3 million required on the placement can be waived. The fund is established to facilitate family office investments in venture capital funds.