First Trust Capital Management L.P.

RIASEC RegisteredEst. 2022

Total AUM

$12.3B

Discretionary

$11.3B

92% of AUM

Avg account

$307M

Accounts

Employees

Advisory reps

Firm details

Headquarters: Chicago, Illinois
CRD number: 317825
Registered since: January 3, 2022
Website: www.firsttrustcapital.com
Custodians: NATIONAL FINANCIAL SERVICES LLC
Fee structure: Percentage of AUM, Fixed Fees, Performance Based Fees
Client types: Investment Companies62.9%
Pooled Investment Vehicles37.1%
Services: Portfolio Management for Investment CompaniesPortfolio Management for Pooled Investment VehiclesPortfolio Management for Institutional ClientsSelection of Other Advisers

Firm profile

FINTRX

Overview

First Trust Capital Management L.P. is a limited partnership that operates as a multifaceted fund manager across hedge fund, private equity, real estate and other pooled vehicle strategies. The firm is SEC-registered (since 2022) and serves an institutional client base. It combines direct portfolio management for investment companies and pooled vehicles with selection of sub‑advisers and sponsor/manager roles for pooled investment vehicles. Operationally the firm is active as a commodity pool operator/commodity trading advisor (CPO/CTA) and as a financial product salesperson, and it maintains affiliations with broker‑dealers and other investment advisers. Its fee model includes percentage-of-AUM charges, fixed fees and performance-based fees. First Trust Capital Management L.P. does not identify as an active ESG investor and is not described as a multi-state adviser.