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CD PRIVATE EQUITY FUND III — Net Asset Value 2016
Sep 13, 2016
64628_rns_2016-09-13_77c102c0-16d2-48b6-a76c-c36d37283fd6.pdf
Net Asset Value
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14 September 2016
US Select Private Opportunities Fund III (Fund)
ASX: USP
NTA & Fund Update – 31 August 2016
NTA update
The estimated unaudited net tangible asset value before withholding tax on unpaid distributions at 31 August 2016 was $1.53* per unit (31 July 2016 was $1.52* per unit).
Fund update
Capital commitment
At 31 August 2016, US Select Private Opportunities Fund III, L.P. ( LP ) has called US$7.0 million (or 9.6% of capital committed). The Fund’s proportionate share is approximately US$5.1 million (a 72.5% share).
Drawdowns
During the month, the LP did not receive any drawdown requests.
At 31 August 2016, net drawdown requests received from underlying investments total approximately US$3.2 million.
For further information, contact:
Alex MacLachlan 1300 454 801
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 [email protected] ARSN 612 132 813