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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"><u>January 24, 2001</u><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
January 24, 2001 the company issued a press release announcing appointment of Chief
Executive Officer.</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 January 24, 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/ Alan B. Perper </font></td>
  </tr>
  <tr>
    <td width="100%"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alan B. Perper</font></td>
  </tr>
  <tr>
    <td width="100%"><font size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; President</font></td>
  </tr>
</TABLE>
</div>

<p align="left"><font size="2">Date: January 26, 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="243" VALIGN="TOP" height="30"><u><p ALIGN="CENTER"><font size="2">Document
    Description</u> </font></td>
    <td WIDTH="134" 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="243" VALIGN="TOP" height="15"><p align="center"><font size="2">Text of Press
    Release dated January 24, 2001</font></td>
    <td WIDTH="134" VALIGN="TOP" height="15"><blockquote>
      <blockquote>
        <p align="center"><font size="2">5</font></p>
      </blockquote>
    </blockquote>
    </td>
  </tr>
  <tr>
    <td WIDTH="155" VALIGN="TOP" height="1"></td>
    <td WIDTH="243" VALIGN="TOP" height="1"></td>
    <td WIDTH="134" VALIGN="TOP" height="1"></td>
  </tr>
</TABLE>
</center></div>

<p>&nbsp;</p>

<p class="MsoNormal" align="right"><font size="2">FOR IMMEDIATE RELEASE <br>
JANUARY 24, 2001 <br>
</p>

<p align="center"><strong><font size="2">POINT WEST CAPITAL CORPORATION <br>
ANNOUNCES <br>
APPOINTMENT OF CHIEF EXECUTIVE OFFICER <br>
</font></strong></p>

<p style="line-height: 40px; text-align: justify"><font size="2">SAN FRANCISCO - (January
24, 2001) Point West Capital Corporation (Nasdaq Symbol: PWCC) today announced the
appointment of John Ward Rotter as Chief Executive Officer. A founder of the Company, Mr.
Rotter has served as the Chief Financial Officer since 1995. He is an Iowa native,
graduated from the United States Military Academy at West Point in 1979 and was licensed
as a Professional Engineer in 1985. Prior to founding the Company, Mr. Rotter was the
President of The Echelon Group Inc. (1988-1995), a financial services firm, and served as
an officer with the Corps of Engineers (1979-1987), managing large construction projects
in Europe and South America.</font></p>

<p style="text-align: justify"><font size="2">Point West Capital is a specialty financial
services company.</font></p>

<p ALIGN="JUSTIFY"><font size="2">(KEYWORD CALIFORNIA AND INDUSTRY KEYWORD: SPECIALTY
FINANCE). </font></p>

<p><font size="2">CONTACTS:&nbsp;&nbsp;&nbsp; POINT WEST CAPITAL CORPORATION,&nbsp; SAN
FRANCISCO. <br>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
John Ward Rotter, 415/394-9469 <br>
</font></p>
</font>
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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
January 24, 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
January 24, 2001 the company issued a press release announcing appointment of Chief
Executive Officer.
Item 7. Financial Statements, Pro Forma Financial Information and
Exhibits.
(c)    Exhibits
99.1 Text of Press Release
dated January 24, 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/ Alan B. Perper
Alan B. Perper
President
Date: January 26, 2001
EXHIBIT INDEX
Exhibit
Number
Document
    Description
Sequential
    Page
Number
99.1
Text of Press
    Release dated January 24, 2001
5
FOR IMMEDIATE RELEASE
JANUARY 24, 2001
POINT WEST CAPITAL CORPORATION
ANNOUNCES
APPOINTMENT OF CHIEF EXECUTIVE OFFICER
SAN FRANCISCO - (January
24, 2001) Point West Capital Corporation (Nasdaq Symbol: PWCC) today announced the
appointment of John Ward Rotter as Chief Executive Officer. A founder of the Company, Mr.
Rotter has served as the Chief Financial Officer since 1995. He is an Iowa native,
graduated from the United States Military Academy at West Point in 1979 and was licensed
as a Professional Engineer in 1985. Prior to founding the Company, Mr. Rotter was the
President of The Echelon Group Inc. (1988-1995), a financial services firm, and served as
an officer with the Corps of Engineers (1979-1987), managing large construction projects
in Europe and South America.
Point West Capital is a specialty financial
services company.
(KEYWORD CALIFORNIA AND INDUSTRY KEYWORD: SPECIALTY
FINANCE).
CONTACTS:    POINT WEST CAPITAL CORPORATION,  SAN
FRANCISCO.
John Ward Rotter, 415/394-9469