CD PRIVATE EQUITY FUND I — Fund Information / Factsheet 2021

Sep 13, 2021

Monthly update – August 2021

CD Private Equity Fund I

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NTA Gross assets Distributions per unit One month Annualised performance since
per unit (millions) (percentage of initial investment) performance [1,2] inception (August 2012) [1,2]
Last 12 months: Since inception:
$1.53 $60.40 54 cents (34%) 220.5 cents (138%) 17.7% 14.7%
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Fund update

The estimated unaudited net tangible asset value (NTA) after tax as at 31 August 2021 was $1.53[1,3] per unit (31 July 2021 was $1.30[1] per unit).

Net asset value movements for August were a result of increased asset valuations from underlying LPs and a small foreign exchange gain from the weakening Australian dollar (which added approximately +0.4%).

CD1 Fund performance

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1 Month 3 Months 6 Months 1 Year 3 Years p.a. 5 Years p.a. Since inception p.a. [3]
NTA return [1,2] 17.7% 22.9% 44.0% 61.8% 22.1% 18.1% 14.7%
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On an NTA/Internal Rate of Return (IRR) basis CD1 has achieved a return of 12.8% per annum since inception.

CD1 portfolio asset allocation

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Distribution
Software &
Technology 9.4% Business
4.0% Services
24.3%
Healthcare
10.8%
Telecomm-
4.6%
unications
10.8% Manufacturing
$3.0
36.2%
Consumer & Retail
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LP commitments to underlying managers (US$69.8m)

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DFW
US Select
Direct
$5.0
$13.0 Encore
$10.0
$4.0 FPC
Trivest $10.0
$10.0
$4.8
Incline
Prometheus $3.0
$10.0
Peppertree
KarpReilly
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ASX release date: 14 September 2021

Notes: Authorised for release by E&P Investments Limited (ACN 152 367 649, AFSL 410 433), the responsible entity of CD Private Equity Fund I (Fund or CD1). 1. Source: E&P Investments Limited – the historical performance is not a guarantee of the future performance of the Fund; 2. Total returns are inclusive of distributions. NTA return is based on post tax NTA; 3. Based on estimated unaudited net tangible asset value before tax at 31 August 2021 of $1.56 per unit (31 July 2021 was $1.32). *The LP received a final distribution from Prometheus Partners IV. L.P. on 30 September 2016 and has no remaining capital with this fund. Numbers may not add due to rounding.

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