Fund Notes 11-12-01

Compound Capital Growth Partners LP of Boston is raising $300 million through a private placement of limited liability company interests. There is a minimum investment of $1 million required on the placement. At the time of its SEC filing, the fund had already raised just about $21.2 million from 47 accredited investors. The LP, formed to operate as a private investment partnership, intends to use proceeds from the offering for investment capital.

Compound Capital Growth Partners II LP of Boston is raising $300 million through a private placement of limited liability company interests. There is a minimum investment of $1 million required on the placement. At the time of its SEC filing, the fund had already raised just about $73.69 million from 46 accredited investors. The LP, formed to operate as a private investment partnership, intends to use proceeds from the offering for investment capital.

Collier Capital Partners LP of Atlanta is raising $100 million through a private placement of limited partnership interests. There is a minimum investment of $250,000 required. At the time of its SEC filing, the fund had already raised approximately $1.91 million from three accredited investors. The private securities investment fund managed by the general partners intends to use proceeds from the offering for security investments and working capital.

Charles River Market Neutral Fund LP of Boston is raising just about $100 million through a private placement of limited partnership interests. There is a minimum investment of $100,000 required. At the time of its SEC filing, the fund had already raised just over $1.15 million from four accredited investors. The LP, which purchases and sells equity securities and other financial instruments, intends to use proceeds from the offering for the purchase of investments and payment of operating expenses.

Hedge Strategy Fund LLC of Shaker Heights, Ohio, is raising $20 million through a private placement of limited liability company interests. At the time of its SEC filing, the fund had already raised just about $15.18 million from 28 accredited investors. The fund formed to invest in various private equity funds, hybrid investment funds and other investment vehicles, intends to use proceeds from the offering for the purchase of investment securities.