AI assistant
CD PRIVATE EQUITY FUND I — Net Asset Value 2014
May 12, 2014
64626_rns_2014-05-12_0a43789f-b5ab-48b0-904f-c7cb25384064.pdf
Net Asset Value
Open in viewerOpens in your device viewer
13 May 2014
US Select Private Opportunities Fund (Fund)
ASX: USF
NTA & Fund Update – 30 April 2014
NTA update
The estimated unaudited net tangible asset value before withholding tax on unpaid distributions at 30 April 2014 was $1.60* per Unit (31 March 2014 was $1.64* per Unit).
Fund update
Capital commitment
At 30 April 2014, US Select Private Opportunities Fund, L.P. ( LP ) had called US$32.5 million (or 46.7% of capital committed). The Fund’s proportionate share is approximately US$27.8 million (an 85.5% share).
Drawdowns
During April, the LP received drawdown requests from KarpReilly Capital Partners II, L.P., DFW Capital Partners IV, L.P. and Trivest Fund V, L.P. for a total net consideration of approximately US$1.4 million.
At 30 April 2014, net drawdown requests from underlying investments were approximately US$22.2 million, or 32.0% of total funds committed to the LP.
For more information, contact:
Alex MacLachlan 1300 454 801
*Source: Walsh & Company Investments Limited – historical 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.