CD PRIVATE EQUITY FUND I — Net Asset Value 2015

Mar 12, 2015

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13 March 2015

US Select Private Opportunities Fund (Fund)

ASX: USF

NTA & Fund Update – 28 February 2015

NTA update

The estimated unaudited net tangible asset value before withholding tax on unpaid distributions at 28 February 2015 was $1.95 per Unit (31 January 2015 was $1.92 per Unit).

Fund update

Capital commitment

At 28 February 2015, US Select Private Opportunities Fund, L.P. (LP) has called US$37.5 million (or 53.9% of capital committed). The Fund’s proportionate share is approximately US$32.1 million (an 85.5% share).

Drawdowns

During the month, the LP received a drawdown request from Encore Consumer Capital Fund II, L.P. for a total consideration of US$2.5 million.

At 28 February 2015, net drawdown requests from underlying investments were approximately US$31.1 million (or 44.7% 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.