CD PRIVATE EQUITY FUND II — Net Asset Value 2015

Aug 13, 2015

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14 August 2015

US Select Private Opportunities Fund II (Fund)

ASX Code: USG

NTA & Fund Update – 31 July 2015

NTA update

The estimated unaudited net tangible asset value before withholding tax on unpaid distributions at 31 July 2015 was $2.29* per unit (30 June 2015 was $2.14* per unit).

Fund update

Capital commitment

At 31 July 2015, the LP has called US$44.9 million (or 47.3% of capital committed). The Fund’s proportionate share is approximately US$39.2 million (an 87.3% share).

Drawdowns

During the month, the LP received drawdown requests from Blue Point Capital Partners III, L.P., Chicago Pacific Founders Fund, L.P., Main Post Growth Capital, L.P., NMS Fund II, L.P. and Tower Arch Partners I, L.P. for a total net consideration of US$2.1 million.

At 31 July 2015, net drawdown requests from underlying investments were approximately US$34.9 million, or 36.7% 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 II has a primary strategy of investing in US small-to-midmarket private investment funds, adopting a fund-of-funds investment strategy.

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