United States securities and exchange commission logo February 8, 2021 Michael Gravelle General Counsel Austerlitz Acquisition Corporation II 1701 Village Center Circle Las Vegas, NV 89134 Re: Austerlitz Acquisition Corporation II Draft Registration Statement on Form S-1 Submitted January 12, 2021 CIK No. 0001839191 Dear Mr. Gravelle: We have reviewed your draft registration statement and have the following comment. In our comment, we may ask you to provide us with information so we may better understand your disclosure. Please respond to this letter by providing the requested information and either submitting an amended draft registration statement or publicly filing your registration statement on EDGAR. If you do not believe our comment applies to your facts and circumstances or do not believe an amendment is appropriate, please tell us why in your response. After reviewing the information you provide in response to this comment and your amended draft registration statement or filed registration statement, we may have additional comments. Draft Registration Statement on Form S-1 Risk Factors, page 44 1. We note that your risk factor disclosures on pages 69, 72, and 75 indicate each publicly offered unit will consist of one-third instead of one-fourth of one warrant as disclosed in The Offering section on page 15. Please revise your disclosures accordingly. Michael Gravelle FirstName LastNameMichael Gravelle Austerlitz Acquisition Corporation II Comapany8,NameAusterlitz February 2021 Acquisition Corporation II February Page 2 8, 2021 Page 2 FirstName LastName You may contact Frank Knapp at 202-551-3805 or Shannon Menjivar at 202-551-3856 if you have questions regarding comments on the financial statements and related matters. Please contact Jonathan Burr at 202-551-5833 or Maryse Mills-Apenteng at 202-551-3457 with any other questions. Sincerely, Division of Corporation Finance Office of Real Estate & Construction