CD PRIVATE EQUITY FUND I — Fund Information / Factsheet 2016

Apr 13, 2016

14 April 2016

US Select Private Opportunities Fund (Fund)

ASX: USF

NTA & Fund Update – 31 March 2016

NTA update

The estimated unaudited net tangible asset value before withholding tax on unpaid distributions at 31 March 2016 was $2.07* per unit (29 February 2016 was $2.18* per unit).

Fund update

Capital commitment

At 31 March 2016, US Select Private Opportunities Fund, L.P. ( LP ) has called US$52.5 million (or 75.5% of capital committed). The Fund’s proportionate share is approximately US$44.9 million (an 85.5% share).

Drawdowns

During the month, the LP received drawdown requests from FPC Small Cap Fund I, L.P., Incline Equity Partners III, L.P., and U.S. Select Direct Private Equity (US), L.P. for a total net consideration of US$0.6 million.

At 31 March 2016, net drawdown requests from underlying investments were approximately US$46.6 million (or 67.0% of total funds committed to the LP).

For further information, contact:

Tom Kline 1300 454 801

• Source: Walsh & Company Investments Limited – historic performance is not a guarantee of the future performance of the Fund

The US Select Private Opportunities Fund was the first Australian-listed fund with a primary strategy of investing in US small-to-mid-market private investment funds, adopting a fund-of-funds investment strategy.