fundnotes_1_27_04

Premier Equity Fund LLC of Culver City, Calif., has filed to raise $5.5 million through a private placement. A minimum investment of $10,000 is required on the placement. The filing cites CanAm Capital Corp. of Culver City, Calif., as a general and managing partner. The company announces itself as a private equity fund.

Pacific Equity Partners Supplementary Fund II LP of St. Helier, Jersey, U.K., raised $53.6 million from eight accredited investors through a private placement of partnership interests. The fund announces itself as private equity investment fund.

W Capital Partners LP of New York raised $101.2 million from 23 accredited investors through a private placement of partnership interests. The partnership calls itself a private equity fund. The beneficial owners of the fund include Rhode Island Employeesí Retirement System of Providence, R.I., VF Holdings LLC of New York and Fire and Police Pension Association of Colorado of Greenwood Village, Colo.

Bay Area Equity Fund I LP of San Francisco raised an additional $6.8 million from seven accredited investors through a private offering of partnership interests. This brings the total amount raised to $51.6 million. Most recently, the fund reported that it had raised $44.8 million from 31 accredited investors as of February 2003. The filing cites H&Q Venture Management LLC of San Francisco among General and/or Management Partners; Wells Fargo Community Development Corp., and J.P. Morgan Chase Community Development Corp are beneficial owners. The partnership calls itself a venture capital fund.

Ascent Venture Partners IV LP of Boston has filed to raise $100 million through a private offering of partnership interests. At the time of its SEC filing, the fund had already raised $23.9 million from 20 accredited investors. The fund plans to make equity and equity-related investments in growth oriented businesses. The filing cites among beneficial owners Ayer Ascent LP II of Beverly Farms, Mass., Berklee College of Music Inc. of Boston, City of Brockton Retirement System and City of Worcester Retirement System.

Caltius Partners III LP of Los Angeles has filed to raise $250 million through a private offering of partnership interests. Lazard FrËres & Co. LLC of New York acts as an agent on the placement for $4.8 million in sales commissions. The mezzanine investment fund is formed to make investments in debt and equity securities.

Catamount Ventures II LP of San Francisco has filed to raise $50 million through a private offering of partnership interests. At the time of its SEC filing, the fund had already raised $10 million from four accredited investors. The fund plans to make venture capital investments.

Northgate Venture Partners II LP of Danville, Calif., has filed to raise $150 million through a private offering of partnership interests. At the time of its SEC filing, the fund had already raised $67.8 million from 58 accredited investors. The fund plans to make venture capital investments. The filing cites Cornell University among beneficial owners.