CD PRIVATE EQUITY FUND I — Net Asset Value 2021

Jan 13, 2021

14 January 2021

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CD Private Equity Fund I (Fund) ASX: CD1

NTA & Fund Update – 31 December 2020

NTA Update

The estimated unaudited net tangible asset value (NTA) after tax as at 31 December 2020 was $1.55[1,2] per unit (30 November 2020 was $1.62[2] per unit).

Between 30 November and 31 December 2020, the majority of the change in the estimated unaudited NTA can be attributed to foreign exchange movements. During the period, the Australian dollar appreciated against the US dollar by 4.77% to 0.7694 (from 0.7344 in November 2020).

Fund Update

Capital called

At 31 December 2020, US Select Private Opportunities Fund, L.P. (LP) has called US$69.6 million (or 100.0% of capital committed). The Fund’s proportionate share is approximately US$59.5 million (an 85.5% share).

Authorised for release by E&P Investments Limited (ACN 152 367 649, AFSL 410 433), the responsible entity of CD Private Equity Fund I.

1. Based on estimated unaudited net tangible asset value before tax at 31 December 2020 of $1.56 per unit (30 November 2020 was $1.63)

2. Source: E&P Investments Limited – the historical performance is not a guarantee of the future performance of the Fund.

The CD Private Equity Fund series comprise ASX listed and unlisted investment trusts focused on investing with and alongside leading, highly differentiated and specialised private equity funds focused on lower middle-market operating businesses in the US.

Level 15, 100 Pacific Highway North Sydney NSW 2060 cdfunds.com.au T 1300 454 801 F 1300 883 159 E info@cdfunds.com.au ARSN 158 625 284