First Trust Capital Management
First Trust Capital Management, L.P. is an alternative investment manager affiliated with First Trust Advisors L.P. — one of the leading sponsors of exchange-traded funds and closed-end funds in the United States — providing institutional and individual investors with access to alternative investment strategies through registered fund structures. According to its website at firsttrustcapital.com, First Trust Capital Management develops and manages alternative investment vehicles that provide investors with access to hedging strategies, senior secured lending, and other non-correlated investment approaches within the accessible framework of closed-end interval funds and other registered investment company structures. First Trust's broad distribution platform and established brand in the financial advisor market enable First Trust Capital Management's alternative strategies to reach a diverse audience of wealth management and institutional investors.
First Trust Capital Management's investment strategies, described at firsttrustcapital.com, leverage the expertise of affiliated and third-party investment managers to construct alternative investment programs within regulatory frameworks that provide investors with transparency, liquidity options, and investor protections. The firm's partnership approach to alternative strategy development draws on the investment expertise of specialized alternative managers while leveraging First Trust's operational infrastructure, compliance capabilities, and distribution relationships to bring these strategies to market efficiently. First Trust Capital Management's closed-end interval fund platform provides quarterly repurchase opportunities that balance the liquidity needs of individual investors with the ability to hold less liquid alternative investments that offer return premiums over fully liquid alternatives.
First Trust Capital Management operates as part of the broader First Trust organization — which collectively manages hundreds of billions in ETF, CEF, and alternative investment assets — providing access to institutional-quality operational infrastructure, compliance expertise, and investor service capabilities that support the launch and ongoing management of registered alternative investment products. According to firsttrustcapital.com, the firm's alternative investment vehicles benefit from First Trust's extensive experience in registered fund management, investor communication, and financial advisor distribution, enabling First Trust Capital Management to focus on the development and management of compelling alternative investment strategies while leveraging the scale and infrastructure of one of the industry's largest registered fund managers. First Trust Capital Management's combination of alternative investment strategy development, affiliated distribution platform, and registered fund management expertise positions it as an effective bridge between institutional alternative investment strategies and the wealth management market.