<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM ML VENTURE
PARTNERS II, L.P.'S QUARTERLY REPORT ON FORM 10-Q FOR THE PERIOD ENDED SEPTEMBER
30, 2000 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL
STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 9-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-START> JAN-1-2000
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 10,778,736
<INVESTMENTS-AT-VALUE> 10,854,980
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 489,135
<TOTAL-ASSETS> 11,344,115
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 10,478,416
<TOTAL-LIABILITIES> 10,478,416
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 0
<SHARES-COMMON-STOCK> 120,000
<SHARES-COMMON-PRIOR> 120,000
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 76,244
<NET-ASSETS> 865,699
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 163,902
<OTHER-INCOME> 234
<EXPENSES-NET> 323,010
<NET-INVESTMENT-INCOME> (158,874)
<REALIZED-GAINS-CURRENT> 7,683,195
<APPREC-INCREASE-CURRENT> (2,374,099)
<NET-CHANGE-FROM-OPS> 5,150,222
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> (10,267,496)
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (5,117,274)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 0
<AVERAGE-NET-ASSETS> 3,424,336
<PER-SHARE-NAV-BEGIN> 43
<PER-SHARE-NII> (1)
<PER-SHARE-GAIN-APPREC> 35
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (71)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 6
<EXPENSE-RATIO> 0
</TABLE>
