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

~~March~~September 3024, 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 61.03 ~~Resignations~~Bankruptcy ofor ~~Registrant's Directors~~Receivership

On ~~April~~September 624, 2004, Point West Capital Corporation ~~Announced~~and ~~that~~its ~~Alan B. Perper resigned from the Board of Directors.~~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.

99.1 Text of Press Release dated ~~April 6~~September 24, 2004.

99.2 Text of Resignation dated March 30, 2004.

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: ~~April~~September 624, 2004

POINT WEST CAPITAL CORPORATION

By: /s/ John Ward Rotter

John Ward Rotter

Chief Executive Officer

EXHIBIT INDEX

Exhibit Number Document Description Sequential Page Number 99.1 Text of Press Release dated ~~April~~September 624, 2004 4 ~~99.2 Text of Resignation Letter dated March 30, 2004 5~~

FOR IMMEDIATE RELEASE ~~April~~September 624, 2004

POINT WEST CAPITAL CORPORATION ANNOUNCES ~~RESIGNATION~~BANKRUPTCY ~~OF BOARD MEMBER~~FILING

SAN FRANCISCO -- (~~April~~September 624, 2004) Point West Capital Corporation (OTC BB Symbol: PWCC.OB) and ~~today~~its related entities, Allegiance Capital, LLC, Allegiance Funding I, LLC, Allegiance Management Corporation and Point West Venture Management, LLC, announced today that ~~Alan~~it filed B.for ~~Perper~~Chapter ~~resigned~~7 ~~from~~in ~~the~~United ~~Board~~States Bankruptcy Court Northern District of ~~Directors~~California. The cases were assigned case numbers 04-32709, ~~effective~~04-32711, ~~March~~04-32712, 3004-32713, ~~2004,~~04-32710 respectively. E. Lynn Schoenmann was appointed as Bankruptcy Trustee for Point ~~personal~~West ~~reasons~~Capital Corporation and its related entities.

CONTACTS: ~~POINT~~Bankruptcy ~~WEST CAPITAL CORPORATION, SAN FRANCISCO~~Trustee. ~~John W~~E. Lynne ~~Rotter~~Schoenmann, 415/362-~~1977 x1~~0415

Dear Ward,

For personal reasons I am resigning from the Board of Directors of Point West Capital Corporation and its related entities. Please consider this resignation effective immediately.

It was a pleasure building the company with you, and I remain available to continue to help in any way I can. I wish you the best of luck.

Sincerely,

Alan Perper

Filing Compare · POINT WEST CAPITAL CORP