<TABLE> <S> <C>

<ARTICLE>        6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION FROM EXCELSIOR
PRIVATE EQUITY FUND II, INC.'S FORM 10-Q FOR THE PERIOD ENDED
JULY 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<CIK>                 0001036052
<NAME>                EXCELSIOR PRIVATE EQUITY FUND II, INC.
<MULTIPLIER>          1000

<S>                                            <C>
<PERIOD-TYPE>                                  9-MOS
<FISCAL-YEAR-END>                              OCT-31-2000
<PERIOD-START>                                 NOV-01-1999
<PERIOD-END>                                   JUL-31-2000
<INVESTMENTS-AT-COST>                              209,811
<INVESTMENTS-AT-VALUE>                             318,588
<RECEIVABLES>                                        5,791
<ASSETS-OTHER>                                         357
<OTHER-ITEMS-ASSETS>                                    54
<TOTAL-ASSETS>                                     324,790
<PAYABLE-FOR-SECURITIES>                                 0
<SENIOR-LONG-TERM-DEBT>                                  0
<OTHER-ITEMS-LIABILITIES>                           21,094
<TOTAL-LIABILITIES>                                 21,094
<SENIOR-EQUITY>                                          0
<PAID-IN-CAPITAL-COMMON>                           195,318
<SHARES-COMMON-STOCK>                                  196
<SHARES-COMMON-PRIOR>                                  196
<ACCUMULATED-NII-CURRENT>                            4,665
<OVERDISTRIBUTION-NII>                                   0
<ACCUMULATED-NET-GAINS>                             (5,063)
<OVERDISTRIBUTION-GAINS>                                 0
<ACCUM-APPREC-OR-DEPREC>                           108,777
<NET-ASSETS>                                       303,697
<DIVIDEND-INCOME>                                        0
<INTEREST-INCOME>                                    3,025
<OTHER-INCOME>                                           0
<EXPENSES-NET>                                       3,620
<NET-INVESTMENT-INCOME>                               (595)
<REALIZED-GAINS-CURRENT>                           (14,820)
<APPREC-INCREASE-CURRENT>                           76,322
<NET-CHANGE-FROM-OPS>                               90,547
<EQUALIZATION>                                           0
<DISTRIBUTIONS-OF-INCOME>                                0
<DISTRIBUTIONS-OF-GAINS>                           (31,958)
<DISTRIBUTIONS-OTHER>                                    0
<NUMBER-OF-SHARES-SOLD>                                  0
<NUMBER-OF-SHARES-REDEEMED>                              0
<SHARES-REINVESTED>                                      0
<NET-CHANGE-IN-ASSETS>                              58,589
<ACCUMULATED-NII-PRIOR>                              5,260
<ACCUMULATED-GAINS-PRIOR>                           22,825
<OVERDISTRIB-NII-PRIOR>                                  0
<OVERDIST-NET-GAINS-PRIOR>                               0
<GROSS-ADVISORY-FEES>                                3,268
<INTEREST-EXPENSE>                                       0
<GROSS-EXPENSE>                                      3,620
<AVERAGE-NET-ASSETS>                               314,743
<PER-SHARE-NAV-BEGIN>                             1,252.27
<PER-SHARE-NII>                                      (3.04)
<PER-SHARE-GAIN-APPREC>                             465.65
<PER-SHARE-DIVIDEND>                                     0
<PER-SHARE-DISTRIBUTIONS>                          (163.27)
<RETURNS-OF-CAPITAL>                                     0
<PER-SHARE-NAV-END>                               1,551.61
<EXPENSE-RATIO>                                       1.54


</TABLE>