BACAP ALTERNATIVE MULTI-STRATEGY FUND, LLC 40 WEST 57TH STREET NEW YORK, NY 10019 COLUMBIA MANAGEMENT DISTRIBUTORS, INC. ONE FINANCIAL CENTER BOSTON, MA 02111 July 24, 2006 VIA FACSIMILE AND EDGAR - ----------------------- Securities and Exchange Commission Division of Investment Management 100 F Street, N.E. Washington, D.C. 20549 Attention: Laura Hatch Re: BACAP Alternative Multi-Strategy Fund, LLC (the "Fund") File Nos. 333-101056 and 811-21252 Dear Ms. Hatch: Pursuant to Rule 461 under the Securities Act of 1933, as amended (the "Act"), the Fund, together with its principal underwriter, Columbia Management Distributors, Inc., hereby requests acceleration of the effectiveness under the Act of the Fund's Registration Statement on Form N-2 (file numbers referenced above) to July 25, 2006 or as soon thereafter as is practicable. [SIGNATURE PAGE FOLLOWS.] Please call Paula Ingram of Ropes & Gray at (617) 951-7007 if you have any questions regarding the above. BACAP ALTERNATIVE MULTI-STRATEGY FUND, LLC By: /s/ David Hohmann ---------------------------------- Name: David Hohmann Title: Senior Vice President and Treasurer COLUMBIA MANAGEMENT DISTRIBUTORS, INC. By: /s/ Frederick Berretta ---------------------------------- Name: Frederick Berretta Title: Managing Director cc: Mr. John R. Barlow Ryan C. Larrenaga, Esq. John M. Loder, Esq. James E. Thomas, Esq. Paula M. Ingram, Esq.