FARALLON CAPITAL MANAGEMENT LLC
13F-HR/A, 2001-01-05
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                                    FORM 13F


                                                      --------------------------
                                                            OMB Approval
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                                                      OMB Number: 3235-0006
                                                      Expires: October 31, 2000
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                UNITED STATES SECURITIES AND EXCHANGE COMMISSION

                              Washington, DC 20549


                               Form 13F COVER PAGE

        Report for the Calendar Year of Quarter Ended: June 30, 2000

                Check here if Amendment [X]; Amendment Number: 1

                        This Amendment (Check only one.):
                              [ ] is a restatement.
                          [X] adds new holdings entries

              Institutional Investment Manager Filing this Report:
                       Farallon Capital Management, L.L.C.
                               One Maritime Plaza
                                   Suite 1325
                         San Francisco, California 94111

                          Form 13F File Number: 28-3896

     The institutional  investment  manager filing this report and the person by
whom it is  signed  hereby  represent  that the  person  signing  the  report is
authorized to submit it, that all information  contained herein is true, correct
and complete,  and that it is understood  that all required  items,  statements,
schedules, lists, and tables, are considered integral parts of this form.

           Person Signing this Report on Behalf of Reporting Manager:
                                 Mark C. Wehrly
                                 Managing Member
                                 (415) 421-2132





                               /s/ Mark C. Wehrly
                           ---------------------------
                            San Francisco, California
                                 January 5, 2001



                                  Report Type:
                          13F Holdings Report Amendment


<PAGE>

                             Form 13 F Summary Page

                                 Report Summary

                        Number of Other Included Managers

                                        1

                    Form 13 F Information Table Entry Total:

                                        1

                    Form 13 F Information Table Value Total:

                               $3,890 (thousands)

List of Other Included Managers:

     Provide a numbered  list of the name(s) and Form 13F file  number(s) of all
institutional  investment  managers  with respect to which this report is filed,
other than the manager filing this report.

No. 1
Form 13F File Number: 28-6372
Name:  Farallon Partners, L.L.C.

<PAGE>
<TABLE>
<CAPTION>
Farallon Capital Management, L.L.C.
FORM 13F
June 30, 2000


<S>                   <C>              <C>        <C>         <C>                 <C>          <C>       <C>

Column 1              Column 2         Column 3   Column 4          Column 5      Column 6     Column 7      Column 8

                                                  (x$1000)    Shares/    Sh/ Put/ Investment   Other        Voting Authority
Name of Issuer        Title of class   CUSIP       Value      Prn Amt   Prn Call  Discretion   Managers  Sole     Shared  None
-------------------   --------------  ---------   --------    --------   --- ----  ----------   -------- -------  ------  -----
Sun Intl Hotels Ltd    ORD             P8797T133      3890      194500   SH        Other        01       194500
</TABLE>


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