Fund Notes 5/28/01

Salomon Smith Barney Venture Opportunities Fund II LP of New York is raising $300 million through a private placement of convertible securities. A minimum investment of $500,000 is required. At the time of its SEC filing, the company had already raised approximately $285.83 million from 192 accredited investors.

The Cheetah Fund LP of Atlanta is raising approximately $100 million through a private placement of limited partnership interests. At the time of its SEC filing, the fund had already raised just over $23.28 million from 15 accredited investors.

Enterprise Partners Annex Fund IV LP of La Jolla, Calif., is raising $50 million through a private placement of limited partnership interests. There is no minimum investment required on the placement. At the time of its SEC filing, the company had already raised just over $1.04 million from three accredited investors.

Labrador Capital Partners II LP of Jackson, Miss., is raising approximately $50 million through a private placement of limited partnership interests. There is minimum investment $1 million required. At the time of its SEC filing, the fund had already raised $35 million from 31 accredited investors.