Managers/Private credit/Illinois/First Trust Capital Management

First Trust Capital Management

First Trust Capital Management is a private credit, private equity and venture manager in Chicago, IL. It is registered with the SEC as an investment adviser with $12.7B in regulatory assets and 62 staff. It has 14 funds on file, the latest reported in October 2026.

Funds on file
14
Raised, all funds
$4.3B
Regulatory assets
$12.7B
Staff
62
Pension investors
None found
See the adviser's own filing →

Latest fund filing

Funds

DateFundTypeRaisedTarget
Oct 2026 FT Select I LLC Private equity $37.3M Not given
Oct 2026 FT Ventures Platform I LLC Private equity $903.6M Not given
Oct 2026 Prime Financial Master Fund LLC Private equity $650K Not given
Aug 2026 FT Bolton Private Markets Fund LLC Private equity $72M Not given
Aug 2026 Aaron Wealth Private Access Fund LLC Private equity $431M Not given
Jul 2026 Rehmann Master Fund LLC Private equity $10.9M Not given
Jan 2026 CP Special Assets Fund LLC Private equity $139.6M Not given
Nov 2025 FT Private Investment Platform I LLC Private equity $2.1B Not given
Nov 2025 FT Real Estate Platform I LLC Private equity $354.7M Not given
Sep 2025 FT Expansion Global LLC Private equity $750K $10M
Jul 2025 First Trust Enhanced Private Credit Fund Private credit $69.1M Not given
Nov 2024 VCM Core Opportunities Fund LLC Private equity $264.6M Not given
May 2023 FT 1804 Fund I, LP Venture $0 Not given
Jul 2020 VCM Offshore Fund II LP Private equity $12.7M Not given

Adviser record

RegistrationRegistered with the SEC as an investment adviser.
Regulatory assets$12.7B
Employees62
Clients25 registered funds and 15 private funds.
Control personsMarc, D Bassewitz, James, Allen Bowen, Chad, Samual Eisenberg, Yadira Guzman, Michael, Dillon Peck, Thomas Reckley.
Private funds12 private funds holding $1.8B in gross assets.

Private funds it reports

FundTypeGross assets
FT Private Investment Platform I Private equity $921M
FT Alternative Platform I Hedge fund $331.7M
FT Real Estate Platform I Real estate $236.8M
FT Offshore I Hedge fund $139.6M
VCM Core Opportunities Fund Private equity $122.6M
Destiny Alternative Fund II Other $71.7M
Highland Capital Management Institutional Fund II Hedge fund $11.3M
Park Shore Multi Asset Strategy Fund Other $8.3M
Aaron Wealth Private Access Fund Private equity $0
FT Vest Hedged Equity Enhanced Income Fund Hedge fund $0
Destiny Target Outcome Fund 2024-1 Hedge fund $0
CP Special Assets Fund Other $0