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<title>8-K dated September 24, 2004</title>
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<p ALIGN="CENTER">UNITED STATES<br>
<font SIZE="4">SECURITIES AND EXCHANGE COMMISSION<br>
Washington D.C. 20549<br>
<br>
FORM 8-K</font></p>
</b>

<p align="center"><font size="3"><b>CURRENT REPORT<br>
Pursuant to Section 13 or 15(d) of the<br>
Securities Exchange Act of 1934</p>
</b></font>

<p>&nbsp;</p>

<p align="center"><font SIZE="4"><u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
September 24, 2004&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br>
</u>Date of Report (Date of earliest event reported)<font COLOR="#ffffff"></p>
</font>

<p>&nbsp;</p>
<font COLOR="#ffffff"><b>

<p ALIGN="CENTER"></b></font><font size="3"><u><strong>POINT WEST CAPITAL CORPORATION</strong></u><br>
(Exact name of registrant as specified in its charter)</font><b><font SIZE="4"></p>
</font></b>

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

<p ALIGN="CENTER">&nbsp;</p>
<div align="center"><center>

<table CELLSPACING="0" BORDER="0" CELLPADDING="7" WIDTH="628">
  <tr>
    <td WIDTH="34%" VALIGN="TOP"><b><p ALIGN="CENTER">Delaware<br>
    </b>(State or other jurisdiction of<br>
    incorporation or organization)</td>
    <td WIDTH="36%" VALIGN="TOP"><b><p ALIGN="CENTER">0-27736<br>
    </b>(Commission File<br>
    Number)</td>
    <td WIDTH="30%" VALIGN="TOP"><b><p ALIGN="CENTER">94-3165263<br>
    </b>(I.R.S. Employer<br>
    Identification Number)</td>
  </tr>
</table>
</center></div><div align="center"><center>

<table CELLSPACING="0" BORDER="0" CELLPADDING="7" WIDTH="638">
  <tr>
    <td WIDTH="51%" VALIGN="TOP"><b><p ALIGN="CENTER">1750 Montgomery Street<br>
    San Francisco, California<br>
    </b>(Address of principal executive offices)</td>
    <td WIDTH="49%" VALIGN="bottom"><b><p ALIGN="CENTER">94111<br>
    </b>(Zip Code)</td>
  </tr>
  <tr>
    <td VALIGN="TOP" COLSPAN="2"><b><p ALIGN="CENTER">(415) 394-9467<br>
    </b>(Registrant&#146;s telephone number, including area code)</td>
  </tr>
</table>
</center></div>

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

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

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

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

<p>Item 1.03 Bankruptcy or Receivership</u></p>
</b>

<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
On September 24, 2004, Point West Capital Corporation and its related</p>

<p ALIGN="JUSTIFY">entities announced that it filed for Chapter 7 Bankruptcy in United
States Bankruptcy</p>

<p ALIGN="JUSTIFY">Court Northern District of California.&nbsp; The case was assigned case
number 04-32709 and</p>

<p ALIGN="JUSTIFY">the Trustee is E. Lynn Schoenmann.</p>
<u><b>

<p>Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.</p>
</b></u>

<p>(c) Exhibits</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp; 99.1&nbsp;&nbsp;&nbsp; Text of Press Release
dated&nbsp;September 24, 2004.</p>

<p>&nbsp;&nbsp;&nbsp;&nbsp; </p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p align="center">1</p>
<u><b>

<p ALIGN="CENTER">SIGNATURES</p>
</b></u>

<p>&nbsp;</p>

<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&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.</p>

<p>Date: September 24, 2004</p>

<p align="center">&nbsp;</p>
<div align="right">

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

<p align="center">&nbsp;</p>

<p align="center">2</p>

<blockquote>
  <blockquote>
    <blockquote>
      <u><b><p ALIGN="CENTER">&nbsp;</p>
      </b></u><p ALIGN="CENTER"><u><b><font size="2">EXHIBIT INDEX</font></b></u></p>
      <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<br>
          <u>Number</u></font></b></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<br>
          <u>Number</u></b></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 September 24,&nbsp; 2004</font></td>
          <td WIDTH="114" VALIGN="TOP" height="15"><blockquote>
            <blockquote>
              <p align="center"><font size="2">4</font></p>
            </blockquote>
          </blockquote>
          </td>
        </tr>
      </table>
      </center></div>
    </blockquote>
  </blockquote>
</blockquote>

<p align="center">&nbsp;</p>

<p align="center">3</p>

<p align="center">&nbsp;</p>
<font FACE="Courier">

<p ALIGN="RIGHT">FOR IMMEDIATE RELEASE<br>
September 24, 2004</p>
<b>

<p>&nbsp;</p>

<p ALIGN="CENTER">POINT WEST CAPITAL CORPORATION<br>
ANNOUNCES BANKRUPTCY FILING</p>
</b>

<p>&nbsp;</p>

<p>&nbsp;</p>

<p ALIGN="JUSTIFY">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; SAN
FRANCISCO -- (September 24, 2004) Point West Capital Corporation (OTC BB Symbol: PWCC.OB)
and its related entities, Allegiance Capital, LLC, Allegiance Funding I, LLC, Allegiance
Management Corporation and Point West Venture Management, LLC, announced today that it
filed for Chapter 7 in United States Bankruptcy Court Northern District of California.
&nbsp; The cases were assigned case numbers 04-32709, 04-32711, 04-32712, 04-32713,
04-32710 respectively.&nbsp; E. Lynn Schoenmann was appointed as Bankruptcy Trustee for
Point West Capital Corporation and its related entities.</p>

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

<p ALIGN="JUSTIFY">CONTACTS:&nbsp;&nbsp;&nbsp;&nbsp; Bankruptcy Trustee.<br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; E. Lynne
Schoenmann,415/362-0415</p>
</font>

<p ALIGN="JUSTIFY"><font FACE="Courier">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
</font></p>

<p align="center">4</p>
</font>
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{"company-data": {"conformed-name": "POINT WEST CAPITAL CORP", "cik": "0001002813", "assigned-sic": "6199", "irs-number": "943165263", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-27736", "film-number": "041045100"}, "business-address": {"street1": "1700 MONTGOMERY ST", "street2": "STE 250", "city": "SAN FRANCISCO", "state": "CA", "zip": "94111", "phone": "4153949467"}, "mail-address": {"street1": "1700 MONTGOMERY ST", "street2": "STE 250", "city": "SAN FRANCISCO", "state": "CA", "zip": "94111"}}
8-K dated September 24, 2004
UNITED STATES
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
September 24, 2004
Date of Report (Date of earliest event reported)
POINT WEST CAPITAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of
incorporation or organization)
0-27736
(Commission File
Number)
94-3165263
(I.R.S. Employer
Identification Number)
1750 Montgomery Street
San Francisco, California
(Address of principal executive offices)
94111
(Zip Code)
(415) 394-9467
(Registrant's telephone number, including area code)
Item 1.03 Bankruptcy or Receivership
On September 24, 2004, Point West Capital Corporation and its related
entities announced that it filed for Chapter 7 Bankruptcy in United
States Bankruptcy
Court Northern District of California.  The case was assigned case
number 04-32709 and
the Trustee is E. Lynn Schoenmann.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits.
(c) Exhibits
99.1    Text of Press Release
dated September 24, 2004.
1
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.
Date: September 24, 2004
POINT WEST CAPITAL CORPORATION
By:        /s/  John Ward Rotter
John Ward Rotter
Chief Executive Officer
2
EXHIBIT INDEX
Exhibit
Number
Document
          Description
Sequential
          Page
Number
99.1
Text of Press
          Release dated September 24,  2004
4
3
FOR IMMEDIATE RELEASE
September 24, 2004
POINT WEST CAPITAL CORPORATION
ANNOUNCES BANKRUPTCY FILING
SAN
FRANCISCO -- (September 24, 2004) Point West Capital Corporation (OTC BB Symbol: PWCC.OB)
and its related entities, Allegiance Capital, LLC, Allegiance Funding I, LLC, Allegiance
Management Corporation and Point West Venture Management, LLC, announced today that it
filed for Chapter 7 in United States Bankruptcy Court Northern District of California.
  The cases were assigned case numbers 04-32709, 04-32711, 04-32712, 04-32713,
04-32710 respectively.  E. Lynn Schoenmann was appointed as Bankruptcy Trustee for
Point West Capital Corporation and its related entities.
CONTACTS:     Bankruptcy Trustee.
E. Lynne
Schoenmann,415/362-0415
4