CD Private Equity Fund II (ASX:CD2), a listed private equity fund of funds, has been held by Wilson Asset Management as a discount opportunity. In January 2026, Wilson described CD Private Equity Fund II as a listed investment trust that invests in underlying private equity managers, noting the fund has historically distributed capital as its underlying investments are realised, while trading at a discount to net asset value. CD Equity Fund II operates in the Financials sector within the Capital Markets industry, and Thesis Tracker has captured 1 comment from 1 fund manager, Wilson Asset Management. CD Private Equity Fund II is an ASX-listed trust managed by Cordish Dixon and E&P, investing in a portfolio of US small and mid-market private equity funds, providing Australian investors with access to private equity, and is in the realisation phase of its life, returning capital to unitholders as underlying investments are sold.