Cordish Dixon Private Equity Fund II (CD2) - Research

$2.170

CD2 General Information +

ASX Code CD2
Website http://www.cordishdixonfunds.com.au
GICS Sub-Industry Asset Management & Custody Banks
Market Cap ($M) N:A
Current Price $2.170
Day High $2.170
Day Low $2.170
Last Close $2.170
Price Movement - ( No change )
Prices as at 16:40, 23 Jul 2019
+Security prices are delayed by at least 20 minutes and are indicative only.

CD2 Company Overview

Business Description

Cordish Dixon Private Equity Fund II (CD2, formerly US Select Private Opportunities Fund II) has been established to provide unitholders with the opportunity to benefit from a family office style of investment focused on small and mid-market private investment opportunities in the US. Walsh & Company Investments Limited is the Responsible Entity of the Fund. The Fund is committed to 10 private investment funds which are currently invested in 31 underlying portfolio companies.

CD2 Financial Summary

Year to Mar NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2019 A 24.56 44.50 116.10% 4.80 9.00 4.30% 0.0%
2018 A 11.36 20.60 80.50% 10.00 27.00 13.10% 0.0%
2017 A 6.30 11.40 0.00% 19.20 0.00 0.00% 0.0%

CD2 Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2017 A 2018 A 2019 A 2017 A 2018 A 2019 A 2017 A 2018 A 2019 A
Cordish Dixon Private Equity Fund II (CD2) $120M 1.1612 0.0000 0.0000 4.8764 0.0000 0.0000 4.15% 0.00% 0.00%
Magellan Financial Group (MFG) $10,271M 0.3568 0.2415 0.0692 37.4653 30.1769 28.2238 2.32% 2.98% 3.17%
Netwealth Group (NWL) $1,861M 0.0000 0.7112 0.3444 92.6627 54.1494 40.2778 0.69% 1.46% 1.95%
Pendal Group (PDL) $2,366M 0.1207 -0.2846 0.1059 10.3233 14.4298 13.0481 6.99% 6.15% 6.49%
Platinum Asset Mgmt (PTM) $2,793M 0.0325 -0.1572 0.0348 14.5255 17.2339 16.6550 6.72% 5.67% 5.78%

CD2 Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.20 4.88 0.95 0.00
Market 0.65 14.70 1.18 1.04
Sector 0.95 13.90 1.04 2.41

CD2 Directors

Name Position Start Date
Mr Alexander Gen MacLachlan Non-Executive Chairman, Non-Executive Director 27 Jun 2012
Mr Michael (Mike) Adams Non-Executive Director 9 Jul 2018
Mr Warwick Keneally Non-Executive Director 16 May 2017

CD2 Management

Name Position
Caroline Purtell Company Secretary
Hannah Chan Company Secretary

CD2 Calendar of Events

Date Event
26 June 2020 Report (Annual)
28 May 2020 Report (Prelim)
28 November 2019 Report (Interim)

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