AI assistant
CD PRIVATE EQUITY FUND I — Net Asset Value 2026
Jan 13, 2026
64626_rns_2026-01-13_cc1a6f4d-bf3f-40ee-b48a-8c846679c303.pdf
Net Asset Value
Open in viewerOpens in your device viewer
14 January 2026
CD PRIVATE EQUITY FUND I: ASX: CD1
NET TANGIBLE ASSET UPDATE – 31 DECEMBER 2025
==> picture [528 x 57] intentionally omitted <==
----- Start of picture text ----- Gross assets Distributions Distributions 5 year NTANTA per unit Fund Inception(million) Last 12 months Since Inception return$0.75 $28.2 $0.215 per unit $3.035 per unit August 2012 7.6% p.a.----- End of picture text -----
The estimated unaudited net tangible asset value (NTA) after tax as at 31 December 2025 was $0.75[1,3] per unit (30 November 2025 was $0.77[1,3] per unit).
The NTA movement recorded during the month is primarily a result of foreign exchange losses due to the strengthening of the Australian dollar.
PERFORMANCE SUMMARY
==> picture [525 x 55] intentionally omitted <==
----- Start of picture text ----- 1 month 6 months 1 year 3 years p.a. 5 years p.a. Since Inception p.a.NTA Return [1,2]-2.6% -4.8% -7.4% -1.9% 7.6% 9.7%----- End of picture text -----
On an NTA/Internal Rate of Return (IRR) basis, CD1 has achieved a return of 11.4% per annum since inception.
MONTHLY LP & FUND UPDATE
During the month, the LP received one distribution for a total of US$0.04 million from FPC Small Cap Fund I for residual proceeds relating to the September 2025 sale of EventLink, partially offset by a minor capital call for partnership expenses.
As always, Unitholders are welcome to reach out to the team with any questions via email at [email protected], or by calling +61 3 9691 6110.
Authorised for release by K2 Asset Management Ltd (K2) (ACN 085 445 094, AFSL 244 393), the responsible entity of CD Private Equity Fund I (Fund or CD1). Notes: AUD:USD spot rate of 0.6673 as at 31 December 2025. Numbers may not sum due to rounding.
- Source: E&P Investments Limited (for data before 24 June 2023) and K2 Asset Management Ltd (for data post 24 June 2023). The historical performance is not a guarantee of the future performance of the Fund;
- Total returns are inclusive of distributions and based on the Fund’s post tax NTA. The tax component in the post tax NTA refers to the estimate of likely US tax the Fund will incur upon realisation of recorded fair value movements.
- Estimated unaudited net tangible asset value before tax at 31 December 2025 of $0.76 per unit (30 November 2025 of $0.77 per unit).
Email: [email protected] | Phone: +61 3 9691 6110 | Web: www.cdfunds.com.au Level 44, 101 Collins Street Melbourne VIC 3000
ARSN: 158 625 284 Page 1