<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
JANUARY 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>                                        3-MOS
<FISCAL-YEAR-END>                              OCT-31-2000
<PERIOD-START>                                  NOV-1-1999
<PERIOD-END>                                   JAN-31-2000
<INVESTMENTS-AT-COST>                              185,882
<INVESTMENTS-AT-VALUE>                             337,652
<RECEIVABLES>                                        2,273
<ASSETS-OTHER>                                           0
<OTHER-ITEMS-ASSETS>                                    12
<TOTAL-ASSETS>                                     339,937
<PAYABLE-FOR-SECURITIES>                                 0
<SENIOR-LONG-TERM-DEBT>                                  0
<OTHER-ITEMS-LIABILITIES>                           29,335
<TOTAL-LIABILITIES>                                 29,335
<SENIOR-EQUITY>                                          0
<PAID-IN-CAPITAL-COMMON>                           195,318
<SHARES-COMMON-STOCK>                                  196
<SHARES-COMMON-PRIOR>                                  196
<ACCUMULATED-NII-CURRENT>                            5,555
<OVERDISTRIBUTION-NII>                                   0
<ACCUMULATED-NET-GAINS>                            (42,041)
<OVERDISTRIBUTION-GAINS>                                 0
<ACCUM-APPREC-OR-DEPREC>                           151,770
<NET-ASSETS>                                       310,602
<DIVIDEND-INCOME>                                        0
<INTEREST-INCOME>                                    1,495
<OTHER-INCOME>                                           0
<EXPENSES-NET>                                       1,200
<NET-INVESTMENT-INCOME>                                295
<REALIZED-GAINS-CURRENT>                           (22,157)
<APPREC-INCREASE-CURRENT>                          119,315
<NET-CHANGE-FROM-OPS>                               97,453
<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>                              65,495
<ACCUMULATED-NII-PRIOR>                              5,260
<ACCUMULATED-GAINS-PRIOR>                           22,825
<OVERDISTRIB-NII-PRIOR>                                  0
<OVERDIST-NET-GAINS-PRIOR>                               0
<GROSS-ADVISORY-FEES>                                1,081
<INTEREST-EXPENSE>                                       0
<GROSS-EXPENSE>                                      1,200
<AVERAGE-NET-ASSETS>                               310,602
<PER-SHARE-NAV-BEGIN>                             1,252.27
<PER-SHARE-NII>                                       1.51
<PER-SHARE-GAIN-APPREC>                             496.38
<PER-SHARE-DIVIDEND>                                     0
<PER-SHARE-DISTRIBUTIONS>                          (163.27)
<RETURNS-OF-CAPITAL>                                     0
<PER-SHARE-NAV-END>                               1,586.89
<EXPENSE-RATIO>                                       1.54


</TABLE>