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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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<SEC-DOCUMENT>0000919574-09-004770.txt : 20090306
<SEC-HEADER>0000919574-09-004770.hdr.sgml : 20090306
<ACCEPTANCE-DATETIME>20090306170048
ACCESSION NUMBER:		0000919574-09-004770
CONFORMED SUBMISSION TYPE:	D
PUBLIC DOCUMENT COUNT:		1
ITEM INFORMATION:		Rule 506
ITEM INFORMATION:		Investment Company Act Section 3(c)
ITEM INFORMATION:		Section 3(c)(1)
FILED AS OF DATE:		20090306
DATE AS OF CHANGE:		20090306
EFFECTIVENESS DATE:		20090306

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DIVERSIFIED CAPITAL PARTNERS, L.P.
		CENTRAL INDEX KEY:			0001457270
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		D
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	021-127524
		FILM NUMBER:		09663675

	BUSINESS ADDRESS:	
		STREET 1:		1251 WATERFRONT PLACE
		STREET 2:		SUITE 510
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15222
		BUSINESS PHONE:		412-391-7077

	MAIL ADDRESS:	
		STREET 1:		1251 WATERFRONT PLACE
		STREET 2:		SUITE 510
		CITY:			PITTSBURGH
		STATE:			PA
		ZIP:			15222
</SEC-HEADER>
<DOCUMENT>
<TYPE>D
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0201</schemaVersion>

    <submissionType>D</submissionType>

    <testOrLive>LIVE</testOrLive>

    <primaryIssuer>
        <cik>0001457270</cik>
        <entityName>DIVERSIFIED CAPITAL PARTNERS, L.P.</entityName>
        <issuerAddress>
            <street1>1251 WATERFRONT PLACE</street1>
            <street2>SUITE 510</street2>
            <city>PITTSBURGH</city>
            <stateOrCountry>PA</stateOrCountry>
            <zipCode>15222</zipCode>
        </issuerAddress>
        <issuerPhoneNumber>412-391-7077</issuerPhoneNumber>
        <issuerPreviousNameList>
            <value>None</value>
        </issuerPreviousNameList>
        <jurisdictionOfInc></jurisdictionOfInc>
        <entityType>Limited Partnership</entityType>
        <yearOfInc>
            <overFiveYears>true</overFiveYears>
        </yearOfInc>
    </primaryIssuer>

    <relatedPersonsList>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Charles</firstName>
                <middleName>A.</middleName>
                <lastName>Warden</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Mid Atlantic Financial Management</street1>
                <street2>1251 Waterfront Place, Suite 510</street2>
                <city>Pittsburgh</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>15222</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Executive Officer of Mid Atlantic Financial Management, Inc., the General Partner of the Issuer.</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Joseph</firstName>
                <middleName>F.</middleName>
                <lastName>Banco, Jr.</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Mid Atlantic Financial Management</street1>
                <street2>1251 Waterfront Place, Suite 510</street2>
                <city>Pittsburgh</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>15222</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Executive Officer of Mid Atlantic Financial Management, Inc., the General Partner of the Issuer.</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>David</firstName>
                <middleName>J.</middleName>
                <lastName>Down</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Mid Atlantic Financial Management</street1>
                <street2>1251 Waterfront Place, Suite 510</street2>
                <city>Pittsburgh</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>15222</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Executive Officer of Mid Atlantic Financial Management, Inc., the General Partner of the Issuer.</relationshipClarification>
        </relatedPersonInfo>
        <relatedPersonInfo>
            <relatedPersonName>
                <firstName>Kyle</firstName>
                <middleName>P.</middleName>
                <lastName>Smith</lastName>
            </relatedPersonName>
            <relatedPersonAddress>
                <street1>c/o Mid Atlantic Financial Management</street1>
                <street2>1251 Waterfront Place, Suite 510</street2>
                <city>Pittsburgh</city>
                <stateOrCountry>PA</stateOrCountry>
                <zipCode>15222</zipCode>
            </relatedPersonAddress>
            <relatedPersonRelationshipList>
                <relationship>Executive Officer</relationship>
            </relatedPersonRelationshipList>
            <relationshipClarification>Executive Officer of Mid Atlantic Financial Management, Inc., the General Partner of the Issuer.</relationshipClarification>
        </relatedPersonInfo>
    </relatedPersonsList>

    <offeringData>
        <industryGroup>
            <industryGroupType>Pooled Investment Fund</industryGroupType>
            <investmentFundInfo>
                <investmentFundType>Other Investment Fund</investmentFundType>
                <is40Act>false</is40Act>
            </investmentFundInfo>
        </industryGroup>
        <issuerSize>
            <aggregateNetAssetValueRange>Decline to Disclose</aggregateNetAssetValueRange>
        </issuerSize>
        <federalExemptionsExclusions>
            <item>06</item>
            <item>3C</item>
            <item>3C.1</item>
        </federalExemptionsExclusions>
        <typeOfFiling>
            <newOrAmendment>
                <isAmendment>false</isAmendment>
            </newOrAmendment>
            <dateOfFirstSale>
                <value>1990-04-26</value>
            </dateOfFirstSale>
        </typeOfFiling>
        <durationOfOffering>
            <moreThanOneYear>true</moreThanOneYear>
        </durationOfOffering>
        <typesOfSecuritiesOffered>
            <isPooledInvestmentFundType>true</isPooledInvestmentFundType>
        </typesOfSecuritiesOffered>
        <businessCombinationTransaction>
            <isBusinessCombinationTransaction>false</isBusinessCombinationTransaction>
        </businessCombinationTransaction>
        <minimumInvestmentAccepted>250000</minimumInvestmentAccepted>
        <salesCompensationList></salesCompensationList>
        <offeringSalesAmounts>
            <totalOfferingAmount>Indefinite</totalOfferingAmount>
            <totalAmountSold>6165045</totalAmountSold>
            <totalRemaining>Indefinite</totalRemaining>
            <clarificationOfResponse>This is an amendment filing.  The original filing was made on April 26, 1990.</clarificationOfResponse>
        </offeringSalesAmounts>
        <investors>
            <hasNonAccreditedInvestors>true</hasNonAccreditedInvestors>
            <numberNonAccreditedInvestors>17</numberNonAccreditedInvestors>
            <totalNumberAlreadyInvested>47</totalNumberAlreadyInvested>
        </investors>
        <salesCommissionsFindersFees>
            <salesCommissions>
                <dollarAmount>0</dollarAmount>
            </salesCommissions>
            <findersFees>
                <dollarAmount>0</dollarAmount>
            </findersFees>
        </salesCommissionsFindersFees>
        <useOfProceeds>
            <grossProceedsUsed>
                <dollarAmount>0</dollarAmount>
                <isEstimate>true</isEstimate>
            </grossProceedsUsed>
            <clarificationOfResponse>The General Partner (or its affiliate) is entitled to receive an annual management fee in an amount equal to a specified percentage of assets under management.</clarificationOfResponse>
        </useOfProceeds>
        <signatureBlock>
            <authorizedRepresentative>false</authorizedRepresentative>
            <signature>
                <issuerName>DIVERSIFIED CAPITAL PARTNERS, L.P.</issuerName>
                <signatureName>/s/ Kyle P. Smith</signatureName>
                <nameOfSigner>Kyle P. Smith</nameOfSigner>
                <signatureTitle>Sr. Vice President of the General Partner</signatureTitle>
                <signatureDate>2009-03-05</signatureDate>
            </signature>
        </signatureBlock>
    </offeringData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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