Fund Notes 7-23-01

Draper Atlantic Venture Fund II LP of Reston, Va., is raising $275 million through a private placement of limited partnership interests. At the time of its SEC filing, the limited partnership had already raised approximately $63.9 million from accredited investors.

Narragansett Strategic Partners LP of New York is raising $250 million through a private placement of limited partnership interests. A minimum investment of $1 million is required on the placement.

GLL Investors LP of Chicago is raising $200 million through a private placement of limited partnership interests. At the time of its SEC filing, the company had already raised approximately $15 million from 24 accredited investors.

Contrarian Trends LP of Houston is raising $100 million through a private placement partnership interests. A minimum investment of $1 million is required on the placement. At the time of its SEC filing, the partnership had already raised approximately $15.87 million from 24 accredited investors. The investment partnership intends to use proceeds to fund investments.

Aquintania (QP) Partners LP of Excelsior, Minn., is raising $100 million through a private placement of partnership interests. A minimum investment of $1 million is required on the placement. At the time of its SEC filing, the company had already raised approximately $29 million from five accredited investors.

Savage Thompson Ventures LP of Atherton, Calif., is raising $50 million through a private placement of partnership interests. At the time of its SEC filing, the VC firm had already raised just over $11.33 million from 22 accredited investors.