People 4-8-02

Morning Light LP of Stamford, Conn., is raising $1 billion through a private placement of limited partnership interests.A minimum investment of $1 million is required.At the time of its SEC filing, the fund had already raised $15.09 million from 23 accredited investors. The private investment partnership intends to use proceeds from the offering for an investment program

Freestone Capital Qualified Partners LP of Seattle is raising $500 million through a private placement of limited liability company interests.A minimum investment of $500,000 is required.At the time of its SEC filing, the fund had already raised $21.98 million from 27 accredited investors. The private investment partnership intends to use the proceeds from the offering for working capital.

G7 Equity Fund of Funds Ltd.of New York is raising $400 million through a private placement of participating shares. A minimum investment of $1 million is required. Credit Suisse Asset Management Securities Inc.of New York is acting as the placement agent for undisclosed findersí fees and sales commissions. The private investment company intends to use the proceeds from the offering for investment in securities.

Income and Growth Fund III LPof Chicago is raising $350 million through a private placement of limited partnership interests. A minimum investment of $5 million is required. At the time of its SEC filing, the company had already raised $60 million from three accredited investors. The fund, which was organized to invest in office, industrial, retail and multi-family properties, intends to use the proceeds from the offering for investments in real estate and organizational expenses.

Blue Chip IV LP of Cincinnati is raising $300 million through a private placement of partnership interests. The fund intends to use the proceeds from the offering for venture capital investments.