First Trust Capital Management L.P.
First Trust Capital Management L.P. (FTCM), established in 2012 and headquartered in Chicago, Illinois, is an investment adviser providing a comprehensive spectrum of alternative investment solutions. The firm offers access to private equity, venture capital, hedge funds, real estate, and private credit through a variety of structures such as interval funds, tender offer funds, private funds, and direct investments. FTCM serves financial professionals, family offices, and institutions with tailored investment solutions. The firm maintains a robust research and due diligence process, supporting both asset allocation and investment monitoring. FTCM employs approximately 20 dedicated professionals and is part of First Trust Capital Solutions, a platform for alternative investments and associated technology solutions.
Investment Strategy
First Trust Capital Management specializes in alternative investment strategies across multiple asset classes, including private equity, venture capital, hedge funds, real estate, and private credit. The firm offers solutions by leveraging an experienced research team that sources, underwrites, and monitors managers throughout the alternative investment universe. Through comprehensive due diligence, FTCM seeks to source managers that target superior risk-adjusted returns with a focus on capital preservation and upside opportunities. Investment offerings are available in a variety of structures (interval funds, tender offer funds, private funds, direct investments) to meet the diverse liquidity and accreditation requirements of their client base—which includes financial professionals, family offices, and institutional investors.
Top Holdings
Equity Positions (104)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
D DNB | DUN & BRADSTREET HLDGS INC | 6.56% | $97.0M | 10,667,515 | $9.06 | $9.09 | +$79.2M |
S SWTX | SPRINGWORKS THERAPEUTICS INC | 6.18% | $91.3M | 1,943,767 | $46.99 | $46.99 | +$91.3M |
S SKX | SKECHERS U S A INC | 6.05% | $89.5M | 1,418,242 | $63.10 | $63.10 | +$89.5M |
K K | KELLANOVA | 4.91% | $72.6M | 912,530 | $81.02 | $79.53 | -$11.4M |
E ESGR | ENSTAR GROUP LIMITED | 4.33% | $64.1M | 190,436 | $335.86 | $336.36 | +$58.4M |