Form 10K

                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                        |_|  Annual report pursuant to section 13 or 15(d) of
                             the Securities Exchange Act of 1934 (fee required)
                             For the Year Ended December 31, 2000
                                       OR
                        |X|  Transition report pursuant to section 13 or 15(d)
                             of the Securities Exchange Act of 1934 (no fee
                             required) For the transition period from September
                             27, 2000 to December 31, 2000

                        Commission File number 333-47196

                       ATEL Capital Equipment Fund IX, LLC

          California                                             94-3375584
          ----------                                             ----------
(State or other jurisdiction of                               (I. R. S. Employer
incorporation or organization)                               Identification No.)

           235 Pine Street, 6th Floor, San Francisco, California 94104
           -----------------------------------------------------------
                    (Address of principal executive offices)

        Registrant's telephone number, including area code (415) 989-8800
        Securities registered pursuant to section 12(b) of the Act: None
        Securities registered pursuant to section 12(g) of the Act: None

Indicate  by a check  mark  whether  the  registrant  (1) has filed all  reports
required to be filed by section 13 or 15(d) of the  Securities  Exchange  Act of
1934  during  the  preceding  12 months  (or for such  shorter  period  that the
registrant was required to file such reports),  and (2) has been subject to such
filing requirements for the past 90 days. Yes |_| No |X|

State the aggregate market value of voting stock held by  non-affiliates  of the
registrant. Inapplicable


                       DOCUMENTS INCORPORATED BY REFERENCE

                                      None


Indicate by check mark if disclosure of delinquent filers pursuant to Item 405
of Regulation S-K (ss.229.405) is not contained herein, and will not be
contained, to the best of registrant's knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-K
or any amendment to this Form 10-K. |X|



                                       1
<PAGE>

                                     PART I

Item 1:  BUSINESS

Not applicable

Item 2.  PROPERTIES

Not applicable

Item 3.  LEGAL PROCEEDINGS

Not applicable

Item 4.  SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS

Not applicable


                                     PART II

Item 5.  MARKET FOR REGISTRANT'S LIMITED LIABILITY COMPANY UNITS
              AND RELATED MATTERS

Not applicable

Item 6.  SELECTED FINANCIAL DATA

Not applicable

Item 7.  MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND
              RESULTS OF OPERATIONS

Not applicable

Item 7a.  QUALITATIVE AND QUANTITATIVE DISCLOSURES ABOUT MARKET RISK

Not applicable


Item 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

See the Report of Independent Auditors, Financial Statements and Notes to
Financial Statements attached hereto at pages 3 through 5.

                                       2
<PAGE>










                REPORT OF ERNST & YOUNG LLP, INDEPENDENT AUDITORS



The Members
ATEL Capital Equipment Fund IX, LLC


We have audited the  accompanying  balance sheet of ATEL Capital  Equipment Fund
IX, LLC (a  development  stage  enterprise)  as of December  31,  2000,  and the
related  statements of changes in members' capital and cash flows for the period
from September 27, 2000  (inception)  through December 31, 2000. These financial
statements are the responsibility of the Fund's  management.  Our responsibility
is to express an opinion on these financial statements based on our audit.

We conducted our audit in accordance with auditing standards  generally accepted
in the United States. Those standards require that we plan and perform the audit
to obtain reasonable  assurance about whether the financial  statements are free
from  material  misstatement.  An audit  includes  examining,  on a test  basis,
evidence supporting the amounts and disclosures in the financial statements.  An
audit also includes  assessing the accounting  principles  used and  significant
estimates  made by  management,  as well as  evaluating  the  overall  financial
statement  presentation.  We believe that our audit provides a reasonable  basis
for our opinion.

In our opinion,  the financial  statements  referred to above present fairly, in
all material respects, the financial position of ATEL Capital Equipment Fund IX,
LLC (a  development  stage  enterprise) at December 31, 2000, and its changes in
members'  capital  and  cash  flows  for the  period  from  September  27,  2000
(inception)  through  December  31, in  conformity  with  accounting  principles
generally accepted in the United States.

                                                          /s/ ERNST & YOUNG LLP

San Francisco, California
January 15, 2001



                                       3
<PAGE>

                       ATEL CAPITAL EQUIPMENT FUND IX, LLC
                        (A Development Stage Enterprise)

                                  BALANCE SHEET

                                DECEMBER 31, 2000


                                     ASSETS

Cash                                                                     $600
                                                                      ========


                        LIABILITIES AND MEMBERS' CAPITAL


Members' capital:
     Managing Member                                                     $100
     Initial Member                                                       500
                                                                      --------
Total members' capital                                                   $600
                                                                      ========




                    STATEMENT OF CHANGES IN MEMBERS' CAPITAL

               FOR THE PERIOD FROM SEPTEMBER 27, 2000 (INCEPTION)
                            THROUGH DECEMBER 31, 2000

                                 Initial Member
                                 --------------          Managing
                            Units            Amount        Member    Total

Capital contributions             50            $500         $100       $600
                       ============== =============== ============ ==========




                             STATEMENT OF CASH FLOWS

               FOR THE PERIOD FROM SEPTEMBER 27, 2000 (INCEPTION)
                            THROUGH DECEMBER 31, 2000


Financing activities:
Capital contributions received                                        $600
                                                                    -------
Net increase in cash                                                   600
                                                                    -------
Cash at end of period                                                 $600
                                                                    =======


                             See accompanying notes.



                                       4
<PAGE>

                       ATEL CAPITAL EQUIPMENT FUND IX, LLC
                        (A Development Stage Enterprise)

                          NOTES TO FINANCIAL STATEMENTS

                                DECEMBER 31, 2000


1.  Organization and Limited Liability Company matters:

ATEL Capital  Equipment Fund IX, LLC (a development stage enterprise) (the Fund)
was formed under the laws of the state of  California  on September 27, 2000 for
the purpose of  acquiring  equipment  to engage in  equipment  leasing and sales
activities.  The Fund may continue until December 31, 2019. Contributions in the
amount of $600 were received as of December 31, 2000, $100 of which  represented
the Managing  Member's  continuing  interest,  and $500 of which represented the
Initial Member's capital investment.

As of December 31, 2000, the Fund had not commenced  operations other than those
relating to organizational  matters.  The Fund, or the Managing Member on behalf
of the Fund, will incur costs in connection with the organization,  registration
and issuance of the Limited Liability Company Units (Units).  The amount of such
costs to be born by the Fund is  limited  by  certain  provisions  of the Fund's
Operating Agreement.


2.  Income taxes:

The Fund does not provide  for income  taxes since all income and losses are the
liability  of the  individual  members  and are  allocated  to the  members  for
inclusion in their individual tax returns.


3.  Members' capital:

As of  December  31,  2000,  50 Units were issued and  outstanding.  The Fund is
authorized to issue up to 15,000,000 additional Units.

The Fund's Net Income,  Net Losses,  and Distributions are to be allocated 92.5%
to the Members and 7.5% to the Managing Member.


4. Commitments and management:

The terms of the  Operating  Agreement  provide that the Managing  Member and/or
affiliates are entitled to receive  certain fees, in addition to the allocations
described  above,  which are more  fully  described  in  Section 8 of the Fund's
Operating  Agreement.  The  additional  fees  to  management  include  fees  for
equipment management and resale.



                                       5
<PAGE>

Item 9.  CHANGES IN AND DISAGREEMENTS WITH AUDITORS ON
           ACCOUNTING AND FINANCIAL DISCLOSURES

Not applicable


                                    PART III

Item 10.  DIRECTORS AND EXECUTIVE OFFICERS

Not applicable

Item 11.  EXECUTIVE COMPENSATION

Not applicable

Item 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND
            MANAGEMENT

Not applicable

Item 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS

Not applicable


                                     PART IV

Item 14.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES AND REPORTS
               ON FORM 8-K

                         (a)Financial Statements and Schedules
                         1.  Financial Statements
                             Included in Part II of this report:
                             Report of Independent Auditors
                             Balance Sheet at December 31, 2000
                             Statement of Changes in Members' Capital for the
                                period from September 27, 2000 (inception)
                                through December 31, 000
                             Statement of Cash Flows for the period from
                                September 27, 2000 (inception) through December
                                31, 2000
                             Notes to Financial Statements

                        2. Financial Statement Schedules
                             Allschedules for which provision is made in the
                                applicable accounting regulations of the
                                Securities and Exchange Commission are not
                                required under the related instructions or are
                                inapplicable and, therefore, have been omitted.

                         (b)Reports on Form 8-K for the fourth quarter of 2000
                             Not applicable

                         (c)Exhibits
                             None


                                       6
<PAGE>

                                   SIGNATURES


Pursuant to the  requirements of Section 13 or 15(d) of the Securities  Exchange
Act of 1934,  the  registrant  has duly  caused  this report to be signed on its
behalf by the undersigned, thereunto duly authorized.



          Date:  7/16/2001

                                  ATEL Capital Equipment Fund IX, LLC
                                   (Registrant)


             By: ATEL Financial Corporation,
                 Managing Member of Registrant



                            By:   /s/ Dean L. Cash
                                  ------------------------------------------
                                  Dean Cash
                                  President of ATEL Financial Corporation
                                   (Managing Member)





                            By:   /s/ Paritosh K. Choksi
                                  ------------------------------------------
                                  Paritosh K. Choksi
                                  Executive Vice President of ATEL Financial
                                   Corporation (Managing Member)






                                       7
<PAGE>

Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the persons in the capacities and on the dates
indicated.





         SIGNATURE                   CAPACITIES                         DATE



    /s/ Dean L. Cash     President, Chairman and Chief Executive      7/16/2001
------------------------- Officer of ATEL Financial Corporation
        Dean Cash



 /s/ Paritosh K. Choksi  Principal financial officer of               7/16/2001
------------------------- registrant; principal financial officer
   Paritosh K. Choksi     and director of ATEL Financial Corporation



 /s/ Donald E. Carpenter Principal accounting officer of registrant;  7/16/2001
------------------------- principal accounting officer of ATEL
   Donald E. Carpenter    Financial Corporation