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CD PRIVATE EQUITY FUND II — Net Asset Value 2025
Aug 13, 2025
64627_rns_2025-08-13_e7ba972f-745d-4ef3-bd8e-f78c7d6912f2.pdf
Net Asset Value
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14 August 2025
CD PRIVATE EQUITY FUND II: ASX: CD2
NET TANGIBLE ASSET UPDATE – 31 JULY 2025
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----- Start of picture text ----- Gross assets Distributions Distributions 5 year NTANTA per unit Fund Inception(million) Last 12 months Since Inception return$1.20 $69.6 $0.28 per unit $2.59 per unit April 2013 8.5% p.a.----- End of picture text -----
The estimated unaudited net tangible asset value (NTA) after tax as at 31 July 2025 was $1.20[1,3] per unit (30 June 2025 was $1.17[1,3] per unit).
The NTA movement recorded during the month (+2.6%) is primarily a result of foreign exchange gains due to the weakening of the Australian dollar.
PERFORMANCE SUMMARY
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----- 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% -1.5% -2.9% -0.9% 8.5% 9.4%----- End of picture text -----
On an NTA/Internal Rate of Return (IRR) basis, CD2 has achieved a return of 10.8% per annum since inception.
MONTHLY LP & FUND UPDATE
During the month, the LP recieved one distribution for a total of US$0.03 million and two capital calls for a total of US$0.03 million which were used to fund follow-on investments, management fees and 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.
- 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.
Authorised for release by K2 Asset Management Ltd (K2) (ACN 085 445 094, AFSL 244 393), the responsible entity of CD Private Equity Fund II (Fund or CD2). Notes: AUD:USD spot rate of 0.6425 as at 31 July 2025. Numbers may not sum due to rounding.
- Estimated unaudited net tangible asset value before tax at 31 July 2025 of $1.32 per unit (30 June 2025 of $1.29 per unit).
Email: [email protected] | Phone: +61 3 9691 6110 | Web: www.cdfunds.com.au Level 44, 101 Collins Street Melbourne VIC 3000
ARSN: 162 057 089 Page 1