CD PRIVATE EQUITY FUND III — Net Asset Value 2016

Dec 13, 2016

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14 December 2016

US Select Private Opportunities Fund III (Fund)

ASX: USP

NTA & Fund Update – 30 November 2016

NTA update

The estimated unaudited net tangible asset value before withholding tax on unpaid distributions at 30 November 2016 was $1.54* per unit (31 October 2016 was $1.51* per unit).

Fund update

Capital commitment

At 30 November 2016, US Select Private Opportunities Fund III, L.P. ( LP ) has called US$10.0 million (or 13.7% of capital committed). The Fund’s proportionate share is approximately US$7.3 million (a 72.5% share).

Drawdowns

During the month, the LP received drawdown requests from DFW Capital Partners V, L.P. and PeakSpan Capital Fund I, L.P. for a total consideration of US$1.4 million.

At 30 November 2016, net drawdown requests received from underlying investments total approximately US$7.8 million.

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.

The US Select Private Opportunities Fund III has a primary strategy of investing in US small-to-midmarket private investment funds, adopting a multi-manager investment strategy.

Level 15, 100 Pacific Highway North Sydney NSW 2060 uspof.com.au T 1300 454 801 F 1300 883 159 E info@uspof.com.au ARSN 612 132 813