<PAGE> 1
October 2, 1997
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, D.C. 20549
Attn: Public Filing Room
Re: The Reserve Private Equity Series
File Nos. 33-63300 (Securities Act of 1933)
811-7734 (Investment Company Act of 1940)
Dear Sir or Madam:
Pursuant to Rule 497(j) of the Investment Company Act of 1940, this letter is
to certify that the form of prospectus and Statement of Additional Information
that would have been filed pursuant to Rule 497(c) is not different from that
contained in the most recent registration statement. The most recent
registration statement, Post-Effective Amendment 11, was filed electronically
and accepted on September 30, 1997.
Respectfully,
/s/ Michelle L. Neufeld
Michelle L. Neufeld
Counsel and Secretary