CD PRIVATE EQUITY FUND II — Net Asset Value 2015

Jul 13, 2015

14 July 2015

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US Select Private Opportunities Fund II (Fund)

ASX Code: USG

NTA & Fund Update – 30 June 2015

NTA update

The estimated unaudited net tangible asset value before withholding tax on unpaid distributions at 30 June 2015 was $2.14* per unit (31 May 2015 was $2.16* per unit).

Fund update

Capital commitment

At 30 June 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 High Road Capital Partners Fund II, L.P. and Trive Capital Fund I, L.P. for a total consideration of US$1.3 million.

At 30 June 2015, net drawdown requests from underlying investments were approximately US$32.8 million, or 34.4% 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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