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Diversified Trust launches sixth PE investment fund

Independent wealth management firm Diversified Trust has launched DTC Private Equity VI and DTC Private Equity VI-Q, the firm’s sixth private equity fund series aimed at qualified and accredited investors. 

“As a firm that believes in creating diversified investment portfolios, we are pleased to introduce Diversified Trust’s latest private equity fund to the market,” says Carol Womack, Principal and Head of Private Equity at Diversified Trust. “Our team has extensive private equity experience, and we understand the role of private equity in an investment portfolio and recognise that as a long-term asset class it should outperform public benchmarks.”
 
The Fund will pursue strategic investments using a Fund of Funds model, allocating capital to approximately 20 fund managers who will invest in approximately 400 total portfolio companies. Diversified Trust’s private equity program is now in its sixteenth year, and the firm’s private equity team has decades of experience with private equity and access to investment managers and specialised funds.
 
As a long-term asset class, the Fund will be invested over approximately three to five years, with a term of 10 years, extendable for additional periods. The first close is scheduled for August 2017, and the final close will be in June 2018.

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