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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 5zbenFrUp/KZNqRsLDeRmA==

<SEC-DOCUMENT>0001140361-11-016920.txt : 20110316
<SEC-HEADER>0001140361-11-016920.hdr.sgml : 20110316
<ACCEPTANCE-DATETIME>20110315190346
ACCESSION NUMBER:		0001140361-11-016920
CONFORMED SUBMISSION TYPE:	D/A
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Section 3(c)(7)
FILED AS OF DATE:		20110316
DATE AS OF CHANGE:		20110315
EFFECTIVENESS DATE:		20110316

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FARALLON SPECIAL INVESTMENT PARTNERS II, L.P.
		CENTRAL INDEX KEY:			0001424254
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		D/A
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-113561
		FILM NUMBER:		11689972

	BUSINESS ADDRESS:	
		STREET 1:		C/O FARALLON PARTNERS, L.L.C.
		STREET 2:		ONE MARITIME PLAZA, SUITE 2100
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94111
		BUSINESS PHONE:		415-421-2132

	MAIL ADDRESS:	
		STREET 1:		C/O FARALLON PARTNERS, L.L.C.
		STREET 2:		ONE MARITIME PLAZA, SUITE 2100
		CITY:			SAN FRANCISCO
		STATE:			CA
		ZIP:			94111

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	FARALLON SPECIAL INVESTMENT PARTNERS II LP
		DATE OF NAME CHANGE:	20080117
</SEC-HEADER>
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    <primaryIssuer>
        <cik>0001424254</cik>
        <entityName>FARALLON SPECIAL INVESTMENT PARTNERS II, L.P.</entityName>
        <issuerAddress>
            <street1>C/O FARALLON PARTNERS, L.L.C.</street1>
            <street2>ONE MARITIME PLAZA, SUITE 2100</street2>
            <city>SAN FRANCISCO</city>
            <stateOrCountry>CA</stateOrCountry>
            <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
            <zipCode>94111</zipCode>
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        <issuerPhoneNumber>415-421-2132</issuerPhoneNumber>
        <jurisdictionOfInc>DELAWARE</jurisdictionOfInc>
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            <previousName>FARALLON SPECIAL INVESTMENT PARTNERS II LP</previousName>
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        <entityType>Limited Partnership</entityType>
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            <withinFiveYears>true</withinFiveYears>
            <value>2007</value>
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                <firstName>Farallon Partners, L.L.C.</firstName>
                <lastName>Farallon Partners, L.L.C.</lastName>
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                <street1>One Maritime Plaza, Suite 2100</street1>
                <city>San Francisco</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
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            <relationshipClarification>General Partner</relationshipClarification>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Thomas</firstName>
                <middleName>F.</middleName>
                <lastName>Steyer</lastName>
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                <street1>c/o Farallon Partners, L.L.C.</street1>
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                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
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            <relatedPersonRelationshipList>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Andrew</firstName>
                <middleName>J.M.</middleName>
                <lastName>Spokes</lastName>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Alice</firstName>
                <lastName>Evarts</lastName>
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            <relatedPersonAddress>
                <street1>c/o Farallon Partners, L.L.C.</street1>
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                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
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            <relatedPersonRelationshipList>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Richard</firstName>
                <middleName>B.</middleName>
                <lastName>Fried</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Farallon Partners, L.L.C.</street1>
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                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
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            <relatedPersonRelationshipList>
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            <relationshipClarification>Managing Member of the General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Daniel</firstName>
                <middleName>J.</middleName>
                <lastName>Hirsch</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Farallon Partners, L.L.C.</street1>
                <street2>One Maritime Plaza, Suite 2100</street2>
                <city>San Francisco</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member of the General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Monica</firstName>
                <middleName>R.</middleName>
                <lastName>Landry</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Farallon Partners, L.L.C.</street1>
                <street2>One Maritime Plaza, Suite 2100</street2>
                <city>San Francisco</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member of the General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Michael</firstName>
                <lastName>Linn</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Farallon Partners, L.L.C.</street1>
                <street2>One Maritime Plaza, Suite 2100</street2>
                <city>San Francisco</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member of the General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Stephen</firstName>
                <middleName>L.</middleName>
                <lastName>Millham</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Farallon Partners, L.L.C.</street1>
                <street2>One Maritime Plaza, Suite 2100</street2>
                <city>San Francisco</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member of the General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Rajiv</firstName>
                <middleName>A.</middleName>
                <lastName>Patel</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Farallon Partners, L.L.C.</street1>
                <street2>One Maritime Plaza, Suite 2100</street2>
                <city>San Francisco</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member of the General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Dr. Thomas</firstName>
                <middleName>G.</middleName>
                <lastName>Roberts Jr.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Farallon Partners, L.L.C.</street1>
                <street2>One Maritime Plaza, Suite 2100</street2>
                <city>San Francisco</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
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            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Managing Member of the General Partner</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Gregory</firstName>
                <middleName>S.</middleName>
                <lastName>Swart</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Farallon Partners, L.L.C.</street1>
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                <city>San Francisco</city>
                <stateOrCountry>CA</stateOrCountry>
                <stateOrCountryDescription>CALIFORNIA</stateOrCountryDescription>
                <zipCode>94111</zipCode>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>John</firstName>
                <middleName>R.</middleName>
                <lastName>Warren</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Farallon Partners, L.L.C.</street1>
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                <stateOrCountry>CA</stateOrCountry>
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        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Mark</firstName>
                <middleName>C.</middleName>
                <lastName>Wehrly</lastName>
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                <street1>c/o Farallon Partners, L.L.C.</street1>
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    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Hedge Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C.7</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>true</isAmendment>
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            <dateOfFirstSale>
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            </dateOfFirstSale>
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        <durationOfOffering>
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        <typesOfSecuritiesOffered>
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        <minimumInvestmentAccepted>0</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
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            <totalAmountSold>70172500</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>false</hasNonAccreditedInvestors>
            <totalNumberAlreadyInvested>5</totalNumberAlreadyInvested>
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        <salesCommissionsFindersFees>
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            <clarificationOfResponse>The fund charges a management fee that is described in the fund's offering documents.</clarificationOfResponse>
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                <issuerName>FARALLON SPECIAL INVESTMENT PARTNERS II, L.P.</issuerName>
                <signatureName>/s/ Monica R. Landry</signatureName>
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                <signatureTitle>Managing Member of the General Partner</signatureTitle>
                <signatureDate>2011-03-14</signatureDate>
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