Diversified Trust, an independent comprehensive wealth management firm with offices throughout the Southeast and over $6.5 billion of assets under management, announced the final close of DTC Private Equity VI, L.P. and DTC Private Equity VI-Q, L.P., the firm's sixth private equity fund series. At its close, the Fund’s commitments totaled $155,577,889, including the General Partner’s commitment.
 
Launched in 2017, this is the largest fund closed to date for Diversified Trust. The PE VI Fund’s total exceeded the firm’s fundraising goal of $150 million. Investors include 200 limited partners consisting of clients and Diversified Trust employees. Including this fund, the Diversified Trust private equity program consists of six funds and a total of $645 million in capital committed since the program’s inception in 2002.  
 
“We are pleased with the results of the Fund’s final close,” said Carol Womack, Principal and Head of Private Equity at Diversified Trust. “The total commitments represent what was truly a firm-wide effort to utilize private equity as a tool to create diversified investment portfolios to help our clients and employees achieve their financial objectives.”
 
Fund VI represents a continuation of Diversified Trust’s private equity strategy. As with past funds, Fund VI will pursue strategic investments using a multi-manager model with a target allocation of capital to approximately 20-25 private equity and venture capital fund managers. Commitments to managers will span multiple vintage years.
 
Diversified Trust's private equity program is now in its seventeenth year, and the firm's private equity team of professionals has decades of experience with private equity investing and access to investment managers and specialized funds.