Fund Notes 7-9-01

North Castle Partners III LP of New York is raising approximately $600 million through a private placement of limited partnership interests. At the time of its SEC filing, the fund had already raised $101.5 million from 13 investors.

Ampersand V LP of Wellesley, Mass., is raising $250 million through a private placement of partnership interests. A minimum investment of $5 million is required. At the time of its SEC filing, the fund had already raised approximately $108.59 million from 12 accredited investors.

Diamondhead Ventures LP of Menlo Park, Calif., is raising $200 million through a private placement of partnership interests. At the time of its SEC filing, the fund had already raised approximately $134.97 million from 103 investors.