Fund Notes 4/2/01

DJL Strategic Partners of Brookfield, Wis., is raising $600 million through a private placement of partnership interests. A minimum investment of $100,000 is required. At the time of its SEC filling, the firm had already raised approximately $364 million from 10 accredited investors.

Archimedes Endeavor Fund Ltd. of New York is raising $250 million through a private placement of common stock. A minimum investment of $1 million is required. At the time of its SEC filing, the fund had already raised just over $1.2 million from two accredited investors.

Cornerstone Growth Portfolio of Bellevue, Wash., is raising $100 million through a private placement of membership interests. A minimum investment of $250,000 is required. At the time of its SEC filing, the fund had already raised approximately $64.1 million from 30 accredited investors.

Retzer Fund I of Brookfield, Wis., is raising $100 million through a private placement of partnership interests. A minimum investment of $100,000 is required. At the time of its SEC filing, the company had already raised over $2.78 million from 19 accredited investors.

5280 Partners I of Denver is raising $50 million through a private placement of partnership interests. A minimum investment of $200,000 is required. At the time of its SEC filing, the limited partnership had already raised $12.05 million from 10 accredited investors.

Frontier Science and Technology Fund of Boston is raising $50 million through a private placement of limited partnership interests. A minimum investment of $500,000 is required. At the time of its SEC filing, the partnership had already raised almost $6 million from 19 accredited investors.

Avalon Equity Fund of New York is raising $25 million through a private placement of partnership interests. A minimum investment of $50,000 is required. At the time of its SEC filing, the company had already raised $20.83 million.

The BattleField Fund LP of Annandale, Va., is raising $25 million through a private placement of partnership interests. A minimum investment of $100,000 is required. At the time of its SEC filing, the company had already raised just over $4.71 million from 30 accredited and two non-accredited investors.

Tilson Growth Fund of New York is raising $25 million through a private placement of limited partnership interests. A minimum investment of $100,000 is required. At the time of its SEC filing, the partnership had already raised $9.25 million from 42 accredited investors.

Crescendo IV Entrepreneurs Fund of Dallas is raising approximately $21 million through a private placement of partnership interests. A minimum investment of $25,000 is required. At the time of its SEC filing, the fund had already raised $16.965 million from 97 accredited investors.

Paces Technology Partners of Atlanta is raising $10 million through a private placement of partnership interests. A minimum investment of $5,000 is required. At the time of its SEC filing, the firm had already raised over $11 million.

Prospect Venture Partners II of Palo Alto, Calif., raised $100 million from one accredited investor through a private placement of partnership interest.