<ARTICLE> 6 <SERIES> <NUMBER> 1 <NAME> BELAIR CAPITAL FUND LLC <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> MAR-31-2000 <INVESTMENTS-AT-COST> 2,297,012,033 <INVESTMENTS-AT-VALUE> 2,860,246,389 <RECEIVABLES> 37,156,387 <ASSETS-OTHER> 311,313 <OTHER-ITEMS-ASSETS> 1,203,109 <TOTAL-ASSETS> 2,898,917,198 <PAYABLE-FOR-SECURITIES> 0 <SENIOR-LONG-TERM-DEBT> 0 <OTHER-ITEMS-LIABILITIES> 758,578,743 <TOTAL-LIABILITIES> 758,578,743 <SENIOR-EQUITY> 0 <PAID-IN-CAPITAL-COMMON> 1,548,693,883 <SHARES-COMMON-STOCK> 15,413,877 <SHARES-COMMON-PRIOR> 15,900,744 <ACCUMULATED-NII-CURRENT> 0 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> 0 <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 589,782,128 <NET-ASSETS> 2,140,338,455 <DIVIDEND-INCOME> 18,676,731 <INTEREST-INCOME> 914,458 <OTHER-INCOME> 0 <EXPENSES-NET> 16,765,332 <NET-INVESTMENT-INCOME> 2,825,857 <REALIZED-GAINS-CURRENT> 28,955,052 <APPREC-INCREASE-CURRENT> 85,109,491 <NET-CHANGE-FROM-OPS> 116,890,400 <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> 0 <DISTRIBUTIONS-OF-GAINS> 0 <DISTRIBUTIONS-OTHER> 5,230,561 <NUMBER-OF-SHARES-SOLD> 0 <NUMBER-OF-SHARES-REDEEMED> (486,867) <SHARES-REINVESTED> 0 <NET-CHANGE-IN-ASSETS> 45,968,702 <ACCUMULATED-NII-PRIOR> 0 <ACCUMULATED-GAINS-PRIOR> 0 <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 1,717,539 <INTEREST-EXPENSE> 11,036,243 <GROSS-EXPENSE> 16,765,332 <AVERAGE-NET-ASSETS> 2,079,022,151 <PER-SHARE-NAV-BEGIN> 131.72 <PER-SHARE-NII> 0.180 <PER-SHARE-GAIN-APPREC> 7.293 <PER-SHARE-DIVIDEND> 0 <PER-SHARE-DISTRIBUTIONS> (0.333) <RETURNS-OF-CAPITAL> 0 <PER-SHARE-NAV-END> 138.86 <EXPENSE-RATIO> 3.20