<ARTICLE> 6 <SERIES> <NUMBER> 1 <NAME> BELAIR CAPITAL FUND LLC <PERIOD-TYPE> 6-MOS <FISCAL-YEAR-END> DEC-31-2000 <PERIOD-END> JUN-30-2000 <INVESTMENTS-AT-COST> 2,443,225,250 <INVESTMENTS-AT-VALUE> 2,985,705,659 <RECEIVABLES> 26,294,355 <ASSETS-OTHER> 16,289,355 <OTHER-ITEMS-ASSETS> 0 <TOTAL-ASSETS> 3,028,289,369 <PAYABLE-FOR-SECURITIES> 0 <SENIOR-LONG-TERM-DEBT> 896,630,517 <OTHER-ITEMS-LIABILITIES> 23,887,454 <TOTAL-LIABILITIES> 917,517,971 <SENIOR-EQUITY> 2,110,771,398 <PAID-IN-CAPITAL-COMMON> 0 <SHARES-COMMON-STOCK> 15,234,397 <SHARES-COMMON-PRIOR> 15,900,744 <ACCUMULATED-NII-CURRENT> 0 <OVERDISTRIBUTION-NII> 0 <ACCUMULATED-NET-GAINS> 0 <OVERDISTRIBUTION-GAINS> 0 <ACCUM-APPREC-OR-DEPREC> 566,163,232 <NET-ASSETS> 2,110,771,398 <DIVIDEND-INCOME> 38,979,034 <INTEREST-INCOME> 2,282,021 <OTHER-INCOME> 0 <EXPENSES-NET> 35,093,826 <NET-INVESTMENT-INCOME> 6,167,229 <REALIZED-GAINS-CURRENT> 45,351,704 <APPREC-INCREASE-CURRENT> 59,628,151 <NET-CHANGE-FROM-OPS> 111,147,084 <EQUALIZATION> 0 <DISTRIBUTIONS-OF-INCOME> 0 <DISTRIBUTIONS-OF-GAINS> 0 <DISTRIBUTIONS-OTHER> 5,104,441 <NUMBER-OF-SHARES-SOLD> 0 <NUMBER-OF-SHARES-REDEEMED> (666,347) <SHARES-REINVESTED> 0 <NET-CHANGE-IN-ASSETS> 16,401,645 <ACCUMULATED-NII-PRIOR> 0 <ACCUMULATED-GAINS-PRIOR> 0 <OVERDISTRIB-NII-PRIOR> 0 <OVERDIST-NET-GAINS-PRIOR> 0 <GROSS-ADVISORY-FEES> 3,527,449 <INTEREST-EXPENSE> 23,892,995 <GROSS-EXPENSE> 35,093,826 <AVERAGE-NET-ASSETS> 2,081,763,758 <PER-SHARE-NAV-BEGIN> 131.72 <PER-SHARE-NII> 0.40 <PER-SHARE-GAIN-APPREC> 6.76 <PER-SHARE-DIVIDEND> 0 <PER-SHARE-DISTRIBUTIONS> (0.33) <RETURNS-OF-CAPITAL> 0 <PER-SHARE-NAV-END> 138.55 <EXPENSE-RATIO> 3.39