CD PRIVATE EQUITY FUND III — Fund Information / Factsheet 2018

Mar 13, 2018

14 March 2018

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Cordish Dixon Private Equity Fund III (Fund)

ASX: CD3

NTA & Fund Update – 28 February 2018

NTA update

The estimated unaudited net tangible asset value before withholding tax on unpaid distributions at 28 February 2018 was $1.48* per unit (31 January 2018 was $1.43* per unit).

Fund update

Capital commitment

At 28 February 2018, US Select Private Opportunities Fund III L.P. ( LP ) has called US$48.5 million (or 42.5% of capital committed). The Fund’s proportionate share is approximately US$34.5 million (a 71.2% share).

Drawdowns

During the month, the LP received drawdown requests from US Select Direct Private Equity II, L.P., PeakSpan Capital Fund I, L.P. and Encore Consumer Capital Fund III, L.P., as well as capital returns from Bertram Growth Capital III, L.P. and Trive Capital Fund II, L.P. for a net consideration of US$2.2 million.

At 28 February 2018, net drawdown requests received from underlying investments were approximately US$34.9 million (or 28.5% of total fund committed by the LP).

For further information, contact:

Alex MacLachlan 1300 454 801

*Source: Walsh & Company Investments Limited – the historical performance is not a guarantee of the future performance of the Fund.

Level 15, 100 Pacific Highway North Sydney NSW 2060 cordishdixonfunds.com.au T 1300 883 158 F 1300 883 159 E info@cordishdixonfunds.com.au ARSN 612 132 813