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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 10, 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 10,&nbsp; 2001 Point West Capital Corporation&nbsp; issued a press release
announcing that its Common Stock will be delisted from the NASDAQ Stock Market.</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 10,&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 12, 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 10,&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 10, 2001</p>
<b>

<p>&nbsp;</p>

<p ALIGN="CENTER">POINT WEST CAPITAL CORPORATION <br>
ANNOUNCES COMMON STOCK DELISTED <br>
FROM THE NASDAQ STOCK MARKET</p>
</b>

<p>&nbsp;</p>

<p>&nbsp;</p>

<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;
SAN FRANCISCO - (April 10, 2001) Point West Capital Corporation (Nasdaq Symbol: PWCC)
today announced that its appeal to NASDAQ regarding the continued listing on The Nasdaq
Stock Market of the Company's Common Stock was denied. As a result, the Company's Common
Stock was delisted from The Nasdaq Stock Market effective with the open of business on
April 11, 2001.</p>

<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;
The Company's Common Stock is eligible to trade on the OTC Bulletin Board, commonly
referred to as the &quot;pink sheets.&quot;</p>

<p ALIGN="JUSTIFY" style="line-height: 40px">&nbsp;</p>

<p ALIGN="JUSTIFY">(KEYWORD CALIFORNIA AND INDUSTRY KEYWORD: SPECIALTY FINANCE EARNINGS). </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, 415/394-9467 </p>
</font>

<p><font face="Courier">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </font></p>
</body>
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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 10, 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 10,  2001 Point West Capital Corporation  issued a press release
announcing that its Common Stock will be delisted from the NASDAQ Stock Market.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(c)    Exhibits
99.1 Text of Press Release
dated April 10,  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 12, 2001
EXHIBIT INDEX
Exhibit
Number
Document
    Description
Sequential
    Page
Number
99.1
Text of Press
    Release dated April 10,  2001
5
FOR IMMEDIATE RELEASE
April 10, 2001
POINT WEST CAPITAL CORPORATION
ANNOUNCES COMMON STOCK DELISTED
FROM THE NASDAQ STOCK MARKET
SAN FRANCISCO - (April 10, 2001) Point West Capital Corporation (Nasdaq Symbol: PWCC)
today announced that its appeal to NASDAQ regarding the continued listing on The Nasdaq
Stock Market of the Company's Common Stock was denied. As a result, the Company's Common
Stock was delisted from The Nasdaq Stock Market effective with the open of business on
April 11, 2001.
The Company's Common Stock is eligible to trade on the OTC Bulletin Board, commonly
referred to as the "pink sheets."
(KEYWORD CALIFORNIA AND INDUSTRY KEYWORD: SPECIALTY FINANCE EARNINGS).
CONTACTS:     POINT WEST CAPITAL CORPORATION, SAN
FRANCISCO.
John Ward
Rotter, 415/394-9467