Fund Notes 12-03-01

ROC Capital Partners LP of Red Bank, N.J., is raising $1 billion through a private placement of limited partnership interests. There is a minimum investment of $1 million required on the placement. At the time of its SEC filing, the company had already raised $4.16 million from seven accredited investors. The LP’s objective is to generate returns in all market conditions and it intends to use proceeds from the offering for investment securities.

The Collectors’ Fund LP of New York is raising $1 billion through a private placement of limited partnership interests. A minimum investment of $3 million is required on the placement. At the time of its SEC filing, the company had already raised $10 million from 43 accredited investors. The private hedge fund intends to use the proceeds from the offering for investment securities.

RCG Ambrose Overseas Fund Ltd. of the Cayman Islands is raising $300 million through a private placement of common stock. A minimum investment of $1 million is required on the placement. At the time of its SEC filing, the company had already raised just over $40,000 from one accredited investor. Formed to operate as a private investment fund, it intends to use the proceeds from the offering for investments.

RCG Longview LP of New York is raising $300 million through a private placement of partnership interests. A minimum investment of $20 million is required on the placement. At the time of its SEC filing, the company had already raised just over $122 million from 46 accredited investors. Formed to operate as a private investment fund, it intends to use the proceeds from the offering for investment capital.

Cerberus Institutional Partners LP of New York is raising $250 million through a private placement of membership interests. At the time of its SEC filing, the company had already raised just about $88 million from seven accredited investors. The fund intends to use the proceeds from the offering for investment capital.