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<head>
<title>FOR IMMEDIATE RELEASE</title>
</head>

<body>

<p ALIGN="CENTER"><font size="2">SECURITIES AND EXCHANGE COMMISSION</font></p>

<p align="center"><font size="2">Washington D.C. 20549</font></p>

<p align="center"><b><font size="2">FORM 8-K</font></p>
</b>

<p align="center"><font size="2">CURRENT REPORT</font></p>

<p align="center"><font size="2">Pursuant to Section 13 or 15(d) of the <br>
Securities Exchange Act of 1934</font></p>

<p ALIGN="CENTER"><font size="2">April 27, 2001<br>
Date of Report (Date of earliest event reported)</font></p>

<p ALIGN="CENTER"><font size="2"><u><b>POINT WEST CAPITAL CORPORATION</b></u> <br>
( Exact name of registrant as specified in its charter)</font></p>
<div align="center"><center>

<table border="0" cellpadding="0" cellspacing="0" width="100%">
  <tr>
    <td width="33%"><p align="center"><font size="2"><u>Delaware </u></font></td>
    <td width="33%"><p align="center"><font size="2"><u>0-27736</u></font></td>
    <td width="34%"><p align="center"><font size="2"><u>94-3165263</u></font></td>
  </tr>
  <tr>
    <td width="33%"><p align="center"><font size="2">(State or other&nbsp; jurisdiction of
    incorporation)</font></td>
    <td width="33%"><p align="center"><font size="2">(Commission File Number)</font></td>
    <td width="34%"><p align="center"><font size="2">(IRS Employer Identification No.)</font></td>
  </tr>
</table>
</center></div>

<p align="center"><font size="2"><u>1700 Montgomery Street, Suite 250, San Francisco, CA
94111</u><br>
(Address of principal executive offices) (Zip Code)</font></p>

<p ALIGN="CENTER"><font size="2">Registrant's telephone number, including area code:
(415)394-9467</font></p>

<p ALIGN="CENTER">&nbsp;</p>

<p><font size="2"><u><b>Item 5. Other Events</b></u> </font></p>

<p style="line-height: 30px"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; On
April 27,&nbsp; 2001 Point West Capital Corporation&nbsp; issued a press release
announcing results of the stockholder meeting and resignation of two Board Members.</font></p>

<p><font size="2"><b><u>Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.</u></b></font></p>

<p style="line-height: 30px"><font size="2">(c)&nbsp;&nbsp;&nbsp; Exhibits</font></p>

<p><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 99.1 Text of Press Release
dated April 27,&nbsp; 2001.</font></p>

<p>&nbsp;</p>
<u><b>

<p ALIGN="CENTER"><font size="2">SIGNATURES</font></p>
</b></u>

<p style="line-height: 30px"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this Report to be signed on its behalf by the undersigned thereunto duly
authorized.</font></p>
<div align="right">

<table border="0" cellpadding="0" cellspacing="0" width="50%">
  <tr>
    <td width="100%"><font size="2"><b>POINT WEST CAPITAL CORPORATION </b></font></td>
  </tr>
  <tr>
    <td width="100%"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></td>
  </tr>
  <tr>
    <td width="100%"><font size="2">By:&nbsp; /s/ John Ward Rotter </font></td>
  </tr>
  <tr>
    <td width="100%"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; John Ward Rotter</font></td>
  </tr>
  <tr>
    <td width="100%"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Executive
    Officer</font></td>
  </tr>
</table>
</div>

<p align="left"><font size="2">Date: April 27, 2001</font></p>
<u><b>

<p ALIGN="CENTER"><font size="2">EXHIBIT INDEX</font></p>
</b></u><div align="center"><center>

<table BORDER="1" CELLSPACING="1" CELLPADDING="8" WIDTH="582" height="84">
  <tr>
    <td WIDTH="155" VALIGN="top" height="30" style="vertical-align: text-bottom"><b><p
    align="center"><font size="2">Exhibit</font></b></p>
    <p align="center"><font size="2"><u><b>Number</b></u></font></td>
    <td WIDTH="263" VALIGN="TOP" height="30"><u><p ALIGN="CENTER"><font size="2">Document
    Description</u> </font></td>
    <td WIDTH="114" VALIGN="TOP" height="30"><p align="center"><font size="2"><b>Sequential
    Page</b></font></p>
    <p align="center"><font size="2"><u><b>Number</b></u></font></td>
  </tr>
  <tr>
    <td WIDTH="155" VALIGN="TOP" height="15"><p align="center"><font size="2">99.1</font></td>
    <td WIDTH="263" VALIGN="TOP" height="15"><p align="left"><font size="2">Text of Press
    Release dated April 27,&nbsp; 2001</font></td>
    <td WIDTH="114" VALIGN="TOP" height="15"><blockquote>
      <blockquote>
        <p align="center"><font size="2">5</font></p>
      </blockquote>
    </blockquote>
    </td>
  </tr>
</table>
</center></div>

<p>&nbsp;</p>
<font face="Courier">

<p ALIGN="RIGHT">FOR IMMEDIATE RELEASE <br>
April 27, 2001</p>
<b>

<p>&nbsp;</p>

<p ALIGN="CENTER">POINT WEST CAPITAL CORPORATION <br>
ANNOUNCES RESULTS OF STOCKHOLDER MEETING AND <br>
RESIGNATION OF TWO BOARD MEMBERS</p>
</b>

<p ALIGN="JUSTIFY" style="line-height: 40px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
SAN FRANCISCO- (April 27, 2001) Point West Capital Corporation (OTC BB Symbol: PWCC.OB)
today announced that at the Company&#146;s annual stockholders&#146; meeting held April
26, 2001, John Ward Rotter was re-elected a director for a three year term and the
stockholders approved a proposed amendment to the Company's charter to effect a reverse
stock split and to reduce the Company's authorized common stock. The Board of Directors
has not yet decided whether to effect or abandon the charter amendment.</p>

<p style="line-height: 40px">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
In addition, the Company today announced that Stephen Bow and Conrad Hewitt have resigned
from the Board of Directors, effective today, for personal reasons.</p>

<p ALIGN="JUSTIFY">(KEYWORD CALIFORNIA AND INDUSTRY KEYWORD: SPECIALTY FINANCE). </p>

<p ALIGN="JUSTIFY">CONTACTS:&nbsp;&nbsp;&nbsp;&nbsp; POINT WEST CAPITAL CORPORATION, SAN
FRANCISCO. <br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; John Ward
Rotter, 415-394-9469 </p>
</font>

<p><font face="Courier">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
</body>
</html>
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FOR IMMEDIATE RELEASE
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
April 27, 2001
Date of Report (Date of earliest event reported)
POINT WEST CAPITAL CORPORATION
( Exact name of registrant as specified in its charter)
Delaware
0-27736
94-3165263
(State or other  jurisdiction of
    incorporation)
(Commission File Number)
(IRS Employer Identification No.)
1700 Montgomery Street, Suite 250, San Francisco, CA
94111
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(415)394-9467
Item 5. Other Events
On
April 27,  2001 Point West Capital Corporation  issued a press release
announcing results of the stockholder meeting and resignation of two Board Members.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(c)    Exhibits
99.1 Text of Press Release
dated April 27,  2001.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has
duly caused this Report to be signed on its behalf by the undersigned thereunto duly
authorized.
POINT WEST CAPITAL CORPORATION
By:  /s/ John Ward Rotter
John Ward Rotter
Chief Executive
    Officer
Date: April 27, 2001
EXHIBIT INDEX
Exhibit
Number
Document
    Description
Sequential
    Page
Number
99.1
Text of Press
    Release dated April 27,  2001
5
FOR IMMEDIATE RELEASE
April 27, 2001
POINT WEST CAPITAL CORPORATION
ANNOUNCES RESULTS OF STOCKHOLDER MEETING AND
RESIGNATION OF TWO BOARD MEMBERS
SAN FRANCISCO- (April 27, 2001) Point West Capital Corporation (OTC BB Symbol: PWCC.OB)
today announced that at the Company's annual stockholders' meeting held April
26, 2001, John Ward Rotter was re-elected a director for a three year term and the
stockholders approved a proposed amendment to the Company's charter to effect a reverse
stock split and to reduce the Company's authorized common stock. The Board of Directors
has not yet decided whether to effect or abandon the charter amendment.
In addition, the Company today announced that Stephen Bow and Conrad Hewitt have resigned
from the Board of Directors, effective today, for personal reasons.
(KEYWORD CALIFORNIA AND INDUSTRY KEYWORD: SPECIALTY FINANCE).
CONTACTS:     POINT WEST CAPITAL CORPORATION, SAN
FRANCISCO.
John Ward
Rotter, 415-394-9469