Fund Notes 9-9-02

Harvest Growth & Income Fund LLC of Brentwood, Tenn., has filed to raise $10 million through a private placement of limited liability company membership interests. At the time of its SEC filing, the fund had already raised $760,594 from one accredited and eight non-accredited investors. There is a minimum investment of $25,000 required on the placement. Freedom Financial Inc. of Omaha, Neb., is acting as placement agent for $800,000 in sales commission.

Watershed Capital Institutional Partners LP of San Francisco has filed to raise $1 billion through a private placement of limited partnership interests. At the time of its SEC filing, the fund had already raised $160 million from two accredited investors. The minimum investment of $10 million required on the placement can be waived.

European Investors Real Estate Securities Partners LLC of New York has filed to raise $1 billion through the private placement of limited liability company interests. At the time of its SEC filing, the fund had already raised $2.22 million from seven accredited investors. There is a minimum investment of $500,000 required on the placement can be waived.

Avenue Asia Investments LP of New York has filed to raise $500 million through the sale of limited partnership interests At the time of its SEC filing, the fund had already raised $89.89 million from 28 accredited investors. Spoonhill Asset Management of Boston is acting as an agent on the placement.

Plaza Belmont Fund II LLC of Shawnee Mission, Kan., has filed to raise $25 million through a private placement of LLC interests. There is a minimum investment of $100,000 required on the placement.