CD Private Equity Fund II is an Australian Managed Investment Scheme that focuses on investing in small-to-mid-market private equity opportunities in the United States. The Fund does this by acting as a Limited Partner in the US Select Private Opportunities Fund II, L.P., which is registered in the Cayman Islands. Through this partnership, the Fund gains access to a diverse range of private investments in the US, utilising the Cayman Islands vehicle as its investment conduit.