CD PRIVATE EQUITY FUND II — Net Asset Value 2015

Mar 12, 2015

13 March 2015

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US Select Private Opportunities Fund II (Fund)

ASX Code: USG

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 $2.05* per Unit (31 January 2015 was $2.03* per Unit).

Fund update

Capital commitment

At 28 February 2015, US Select Private Opportunities Fund II, L.P. (LP) has called US$34.9 million (or 36.7% of capital committed). The Fund’s proportionate share is approximately US$30.5 million (an 87.3% share).

Drawdowns

During the month, the LP received drawdown requests from Chicago Pacific Founders Fund, L.P. and Tower Arch Partners I, L.P for a total consideration of US$1.2 million.

At 28 February 2015, net drawdown requests from underlying investments were approximately US$28.8 million, or 30.3% 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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