Key Takeaways
- • CD Private Equity Fund II (CD2), managed by K2 Asset Management Ltd, has declared a $0.03 per unit distribution payable on or around 27 August 2026, marking the third distribution in twelve months and signaling continued portfolio liquidity management.
- • Long-term unitholders who held continuously since inception have accumulated total distributions of $3.06 per unit against an initial $1.60 investment, representing a 1.91x return of capital.
- • The fund's responsible entity is actively assessing liquidity options across its portfolio to maximize value and facilitate orderly capital return to investors, reflecting a deliberate strategy to manage exit timing and valuation realization.
- • Ex-distribution date is set for 5 August 2026 with record date on 6 August 2026; unitholders must hold units on the record date to receive the $0.03 distribution.
- • CD2, listed on the ASX in April 2013, is fully committed with total capital raised of US$95.1 million and continues demonstrating active portfolio management through regular distribution cycles.
Summary
CD Private Equity Fund II has announced a $0.03 per unit distribution as part of its ongoing liquidity management strategy. The distribution, managed by K2 Asset Management Ltd, is the fund's third payout within a twelve-month period, underscoring the manager's commitment to returning capital and providing regular cash flow to investors. Payment is scheduled for on or around 27 August 2026, with an ex-distribution date of 5 August 2026 and record date of 6 August 2026.
The distribution highlights the fund's cumulative return profile. Investors who have maintained their holdings since inception have received total distributions of $3.06 per unit against an initial investment of $1.60 per unit, translating to a 1.91x return of capital. This reflects both the fund's successful portfolio realizations and its capital return discipline, which is particularly noteworthy in the current private equity environment where liquidity management and exit timing remain central to fund performance.
CD2's responsible entity continues to assess liquidity options across its portfolio holdings to maximize value realization and facilitate orderly capital return. This proactive approach to liquidity underscores the fund's focus on managing exit cycles efficiently rather than allowing capital to remain deployed indefinitely. The three-distribution cycle within twelve months demonstrates active portfolio management and the availability of realized liquidity events from underlying investments.
The fund was listed on the ASX in April 2013 and is fully committed, having raised total capital of US$95.1 million. Investors are advised to ensure their payment details, tax file number, and Australian business number information is current with the fund's registry, Boardroom Pty Ltd, to ensure timely receipt of the distribution. The 12-H monthly report will be available no sooner than 26 August 2026.
The distribution highlights the fund's cumulative return profile. Investors who have maintained their holdings since inception have received total distributions of $3.06 per unit against an initial investment of $1.60 per unit, translating to a 1.91x return of capital. This reflects both the fund's successful portfolio realizations and its capital return discipline, which is particularly noteworthy in the current private equity environment where liquidity management and exit timing remain central to fund performance.
CD2's responsible entity continues to assess liquidity options across its portfolio holdings to maximize value realization and facilitate orderly capital return. This proactive approach to liquidity underscores the fund's focus on managing exit cycles efficiently rather than allowing capital to remain deployed indefinitely. The three-distribution cycle within twelve months demonstrates active portfolio management and the availability of realized liquidity events from underlying investments.
The fund was listed on the ASX in April 2013 and is fully committed, having raised total capital of US$95.1 million. Investors are advised to ensure their payment details, tax file number, and Australian business number information is current with the fund's registry, Boardroom Pty Ltd, to ensure timely receipt of the distribution. The 12-H monthly report will be available no sooner than 26 August 2026.
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