| | |
| I, Thomas E. Faust Jr., certify that: |
| |
| 1. | | I have reviewed this Form 10-Q of Belrose Capital Fund LLC; |
| 2. | | Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a |
| | | material fact necessary to make the statements made, in light of the circumstances under which such statements |
| | | were made, not misleading with respect to the period covered by this report; |
| 3. | | Based on my knowledge, the financial statements, and other financial information included in this report, fairly |
| | | present in all material respects the financial condition, results of operations and cash flows of the registrant as of, |
| | | and for, the periods presented in this report; |
| 4. | | The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls |
| | | and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial |
| | | reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and have: |
| | | a) designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be |
| | | designed under our supervision, to ensure that material information relating to the registrant, including its |
| | | consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in |
| | | which this report is being prepared; |
| | | b) designed such internal control over financial reporting, or caused such internal control over financial reporting |
| | | to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial |
| | | reporting and the preparation of financial statements for external purposes in accordance with generally accepted |
| | | accounting principles; |
| | | c) evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our |
| | | conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered |
| | | by this report based on such evaluation; and |
| | | d) disclosed in this report any change in the registrant’s internal control over financial reporting that occurred |
| | | during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual |
| | | report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over |
| | | financial reporting; and |
| 5. | | The registrant's other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal |
| | | control over financial reporting, to the registrant's auditors and the audit committee of registrant's board of directors |
| | | (or persons performing the equivalent functions): |
| | | a) all significant deficiencies and material weaknesses in the design or operation of internal control over financial |
| | | reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and |
| | | report financial information; and |
| | | b) any fraud, whether or not material, that involves management or other employees who have a significant role in |
| | | the registrant's internal control over financial reporting. |
