FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      
1. Name and Address of Reporting Person * WILLEY FRANK P 2. Issuer Name and Ticker or Trading Symbol Austerlitz Acquisition Corp II [ ASZ ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable)__X__ Director                    _____ 10% Owner
_____ Officer (give title below)    _____ Other (specify below)
(Last)         (First)         (Middle)
C/O AUSTERLITZ ACQUISITION CORPORATION I, 1701 VILLAGE CENTER CIRCLE
3. Date of Earliest Transaction (MM/DD/YYYY)
5/4/2021
(Street)
LAS VEGAS, NV 89134
(City)       (State)       (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)
 
6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Ordinary Shares, par value $0.0001   (1) 5/4/2021    P     25000 (1)      (1)  (1) Class A ordinary shares, par value $0.0001  25000   (1) 25000  D   
Class C Ordinary Shares, par value $0.0001   (1) 5/4/2021    P     25000 (1)      (1)  (1) Class A ordinary shares, par value $0.0001  25000   (1) 25000  D   

Explanation of Responses:
(1)  The Reporting Person purchased 25,000 Class B Ordinary Shares, par value $0.0001 per share ("Class B Ordinary Shares"), and 25,000 Class C Ordinary Shares, par value $0.0001 per share ("Class C Ordinary Shares") each of which is convertible into Class A Ordinary Shares, par value $0.0001 per share, as described under the heading "Description of Securities" in the Issuer's registration statement on Form S-1 (File No. 333-252933). The Class B Ordinary Shares have no expiration date. The Class C Ordinary Shares will be returned to the Issuer for cancellation in the event that they have not converted into Class A Ordinary Shares nine years after our initial business combination.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
WILLEY FRANK P
C/O AUSTERLITZ ACQUISITION CORPORATION I
1701 VILLAGE CENTER CIRCLE
LAS VEGAS, NV 89134
X



Signatures
/s/ Michael L Gravelle, Attorney-in-Fact for Frank P. Willey_ 5/5/2021
**Signature of Reporting Person Date
Austerlitz Acquisition C... (NYSE:ASZ)
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