<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION FROM EXCELSIOR
PRIVATE EQUITY FUND II, INC.'S FORM 10-Q FOR THE PERIOD ENDED
JULY 31, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH
FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0001036052
<NAME> EXCELSIOR PRIVATE EQUITY FUND II, INC.
<MULTIPLIER> 1000
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-START> NOV-01-1999
<PERIOD-END> JUL-31-2000
<INVESTMENTS-AT-COST> 209,811
<INVESTMENTS-AT-VALUE> 318,588
<RECEIVABLES> 5,791
<ASSETS-OTHER> 357
<OTHER-ITEMS-ASSETS> 54
<TOTAL-ASSETS> 324,790
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 21,094
<TOTAL-LIABILITIES> 21,094
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 195,318
<SHARES-COMMON-STOCK> 196
<SHARES-COMMON-PRIOR> 196
<ACCUMULATED-NII-CURRENT> 4,665
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (5,063)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 108,777
<NET-ASSETS> 303,697
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 3,025
<OTHER-INCOME> 0
<EXPENSES-NET> 3,620
<NET-INVESTMENT-INCOME> (595)
<REALIZED-GAINS-CURRENT> (14,820)
<APPREC-INCREASE-CURRENT> 76,322
<NET-CHANGE-FROM-OPS> 90,547
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (31,958)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 58,589
<ACCUMULATED-NII-PRIOR> 5,260
<ACCUMULATED-GAINS-PRIOR> 22,825
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,268
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,620
<AVERAGE-NET-ASSETS> 314,743
<PER-SHARE-NAV-BEGIN> 1,252.27
<PER-SHARE-NII> (3.04)
<PER-SHARE-GAIN-APPREC> 465.65
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (163.27)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1,551.61
<EXPENSE-RATIO> 1.54
</TABLE>
