SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 13G
                                 (Rule 13d-102)

             INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
           TO RULES 13d-1(b), (c) and (d) AND AMENDMENTS THERETO FILED
                            PURSUANT TO RULE 13d-2(b)

                            Vascular Solutions, Inc.
                            ------------------------
                                (Name of Issuer)

                     COMMON STOCK, $.01 par value per share
                     --------------------------------------
                         (Title of Class of Securities)

                                    92231M109
                                    ---------
                                 (CUSIP Number)

                                December 31, 2000
                                -----------------
             (Date of Event Which Requires Filing of this Statement)



Check the  appropriate box to designate the rule pursuant to which this Schedule
is filed:

           |_|    Rule 13d-1(b)

           |_|    Rule 13d-1(c)

           |X|    Rule 13d-1(d)

                               Page 1 of 9 Pages



- ---------------------------                      -------------------------------
CUSIP No.  92231M109                  13G                      Page 2 of 9 Pages
- ---------------------------                      -------------------------------

1.         NAME OF REPORTING PERSONS
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY

             TGI Fund II, LC               I.R.S. Identification No.: 54-1888920

2.         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP        (a)       [ ]
                                                                   (b)       [X]

3.         SEC USE ONLY

4.         CITIZENSHIP OR PLACE OF ORGANIZATION

              Virginia

                                5.        SOLE VOTING POWER

          NUMBER OF                          0

            SHARES              6.        SHARED VOTING POWER

         BENEFICIALLY                        900,000

           OWNED BY             7.        SOLE DISPOSITIVE POWER

        EACH REPORTING                       0

         PERSON WITH            8.        SHARED DISPOSITIVE POWER

                                             900,000

9.         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             900,000

10.        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES                                                    [ ]

11.        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

              6.9%

12.        TYPE OF REPORTING PERSON

             00



- ---------------------------                      -------------------------------
CUSIP No.  92231M109                  13G                      Page 3 of 9 Pages
- ---------------------------                      -------------------------------

1.         NAME OF REPORTING PERSONS
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

              Tredegar Investments, Inc.  I.R.S. Identification No.:  54-1561097

2.         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP           (a)    [ ]
                                                                      (b)    [X]

3.         SEC USE ONLY

4.         CITIZENSHIP OR PLACE OF ORGANIZATION

             Virginia

                                5.        SOLE VOTING POWER

          NUMBER OF                          0

            SHARES              6.        SHARED VOTING POWER

         BENEFICIALLY                        900,000 shares all of which are
                                          directly held by TGI Fund II, LC
                                          ("TGI").  Tredegar Investments, Inc.
                                          ("Tredegar Investments") is the sole
                                          manager of TGI.

           OWNED BY             7.        SOLE DISPOSITIVE POWER

        EACH REPORTING                       0

         PERSON WITH            8.        SHARED DISPOSITIVE POWER

                                             900,000 shares all of which are
                                          directly held by TGI. Tredegar
                                          Investments is the sole manager of
                                          TGI.

9.         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

             900,000

10.        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES                                                    [ ]

11.        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

             6.9%

12.        TYPE OF REPORTING PERSON

              CO



- ---------------------------                      -------------------------------
CUSIP No.  92231M109                  13G                      Page 4 of 9 Pages
- ---------------------------                      -------------------------------

1.         NAME OF REPORTING PERSONS
           I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)
              Tredegar Corporation        I.R.S. Identification No.:  54-1497771

2.         CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP             (a)  [ ]
                                                                        (b)  [X]
3.         SEC USE ONLY

4.         CITIZENSHIP OR PLACE OF ORGANIZATION

             Virginia

                                5.        SOLE VOTING POWER

          NUMBER OF                          0

            SHARES              6.        SHARED VOTING POWER

         BENEFICIALLY                        900,000 shares  all  of  which  are
                                          directly   held   by   TGI.   Tredegar
                                          Investments is the sole manager of TGI
                                          and Tredegar Corporation holds 100% of
                                          the   capital    stock   of   Tredegar
                                          Investments.

           OWNED BY             7.        SOLE DISPOSITIVE POWER

        EACH REPORTING                       0

         PERSON WITH            8.        SHARED DISPOSITIVE POWER

                                             900,000   shares  all of  which are
                                          directly   held   by   TGI.   Tredegar
                                          Investments is the sole manager of TGI
                                          and Tredegar Corporation holds 100% of
                                          the   capital    stock   of   Tredegar
                                          Investments.

9.         AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

              900,000

10.        CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES
           CERTAIN SHARES                                                    [ ]

11.        PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)

             6.9%

12.        TYPE OF REPORTING PERSON

              CO



Item 1(a).        Name of Issuer:

         Vascular Solutions, Inc., a Delaware corporation.

Item 1(b).        Address of Issuer's Principal Executive Offices:

         2495 Xenium Lane North, Minneapolis, Minnesota  55441

Item 2(a).        Name of Persons Filing:

         This  statement  is being filed by TGI Fund II, LC, a Virginia  limited
liability company ("TGI"),  Tredegar  Investments,  Inc., a Virginia corporation
and the sole manager of TGI ("Tredegar Investments"),  and Tredegar Corporation,
a Virginia  corporation  and the holder of 100% of the capital stock of Tredegar
Investments  ("Tredegar"  and together  with TGI and Tredegar  Investments,  the
"Reporting Persons"). Attached hereto as Exhibit 1 is a copy of the Joint Filing
Agreement,  dated  as of February 9, 2001, by and among the  Reporting  Persons,
pursuant to which the Reporting  Persons have agreed that this Schedule 13G is a
joint filing on behalf of each of TGI, Tredegar Investments and Tredegar.

Item 2(b).        Address of Principal Business Office or, if None, Residence:

         The address of TGI's,  Tredegar  Investments' and Tredegar's  principal
business office is 1100 Boulders Parkway, Richmond, Virginia 23225.

Item 2(c).        Citizenship:

         TGI is a Virginia limited liability company.

         Tredegar Investments is a Virginia corporation.

         Tredegar is a Virginia corporation.

Item 2(d).        Title of Class of Securities:

         Common stock, $.01 par value per share.

Item 2(e).        CUSIP Number:

         92231M109.

Item 3.           If This Statement is Filed Pursuant to Rule 13d-1(b), or
                  13d-2(b) or (c), Check Whether the Person Filing is a:

         (a)      |_| Broker or dealer registered under Section 15 of the
                      Exchange Act.

         (b)      |_| Bank as defined in Section 3(a)(6) of the Exchange Act.

                               Page 5 of 9 Pages




         (c)      |_| Insurance company as defined in Section 3(a)(19) of the
                      Exchange Act.

         (d)      |_| Investment company registered under Section 8 of the
                      Investment Company Act.

         (e)      |_| An investment adviser in accordance with Rule 13d-1(b)(1)
                      (ii)(E).

         (f)      |_| An employee benefit plan or endowment fund in accordance
                      with Rule 13d-1(b)(1)(ii)(F).

         (g)      |_| A parent holding company or control person in accordance
                      with Rule 13d-1(b)(1)(ii)(G).

         (h)      |_| A savings association as defined in Section 3(b) of the
                      Federal Deposit Insurance Act.

         (i)      |_| A church plan that is excluded from the  definition of an
                      investment company under Section 3(c)(14) of the
                      Investment Company Act.

         (j)      |_| Group, in accordance with Rule 13d-1(b)(1)(ii)(J).

Item 4.           Ownership.

         (a)      Amount beneficially owned:  See Item 9 of Cover Pages.

         (b)      Percent of class:  See Item 11 of Cover Pages.

         (c)      Number of shares as to which such person has:

                  (i)   Sole power to vote or to direct the vote:
                        See Item 5 of Cover Pages.

                  (ii)  Shared power to vote or to direct the vote:
                        See Item 6 of Cover Pages.

                  (iii) Sole power to dispose or to direct the disposition of:
                        See Item 7 of Cover Pages.

                  (iv)  Shared power to dispose or to direct the disposition of:
                        See Item 8 of Cover Pages.

Item 5.           Ownership of Five Percent or Less of a Class.

         Not applicable.

Item 6.         Ownership of More than Five Percent on Behalf of Another Person.

         Not applicable.

                               Page 6 of 9 Pages




Item 7.           Identification and Classification of the Subsidiary Which
                  Acquired the Security Being Reported on by the Parent Holding
                  Company:

         Not applicable.

Item 8.           Identification and Classification of Members of the Group.

         Not applicable.

Item 9.           Notice of Dissolution of Group.

         Not applicable.

Item 10.          Certifications.

         Not applicable.

                               Page 7 of 9 Pages



                                    SIGNATURE

         After  reasonable  inquiry and to the best of her or its  knowledge and
belief, each of the undersigned certifies that the information set forth in this
statement is true, complete and correct.

Date:  February 9, 2001            TGI FUND II, LC

                                    By:      Tredegar Investments, Inc.
                                             Manager


                                    By:      /s/ Nancy M. Taylor
                                             -----------------------------------
                                             Nancy M. Taylor
                                             Vice President and Secretary



Date:  February 9, 2001            TREDEGAR INVESTMENTS, INC.


                                    By:      /s/ Nancy M. Taylor
                                             -----------------------------------
                                             Nancy M. Taylor
                                             Vice President and Secretary



Date:  February 9, 2001            TREDEGAR CORPORATION


                                    By:      /s/ Nancy M. Taylor
                                             -----------------------------------
                                             Nancy M. Taylor
                                             Vice President and Secretary

                               Page 8 of 9 Pages




                                  EXHIBIT INDEX

Exhibit Number                      Exhibit Description

Exhibit 1                           Joint Filing Agreement.



                               Page 9 of 9 Pages
                                                                       Exhibit 1

                             JOINT FILING AGREEMENT

         WHEREAS,  in  accordance  with  Rule  13d-1(k)  promulgated  under  the
Securities  and  Exchange Act of 1934,  as amended  (the "Act"),  only one joint
statement  and any  amendments  thereto  need to be filed  whenever  one or more
persons are required to file such a statement or any amendments thereto pursuant
to Section 13(d) of the Act with respect to the same  securities,  provided that
said persons  agree in writing that such  statement  or  amendments  thereto are
filed on behalf to each of them:

         NOW, THEREFORE, the parties hereto agree as follows:

         TGI FUND II, LC, TREDEGAR  INVESTMENTS,  INC. and TREDEGAR  CORPORATION
hereby agree,  in accordance with 13d-1(k) under the Act, to file a statement on
Schedule  13G  (including  amendments  thereto)  relating to their  ownership of
Common Stock of Vascular Solutions,  Inc. and do hereby  further agree that said
statement  on  Schedule  13G  (including  amendments  thereto) shall be filed on
behalf of each of them  and that the Joint  Filing  Agreement  be included as an
Exhibit to such joint filing on Schedule 13G.

Date:  February 9, 2001           TGI FUND II, LC

                                   By:      Tredegar Investments, Inc.
                                            Manager

                                   By:      /s/ Nancy M. Taylor
                                            ------------------------------------
                                            Nancy M. Taylor
                                            Vice President and Secretary


Date:  February 9, 2001           TREDEGAR INVESTMENTS, INC.

                                   By:      /s/ Nancy M. Taylor
                                            ------------------------------------
                                            Nancy M. Taylor
                                            Vice President and Secretary


Date:  February 9, 2001           TREDEGAR CORPORATION

                                   By:      /s/ Nancy M. Taylor
                                            ------------------------------------
                                            Nancy M. Taylor
                                            Vice President and Secretary