Updated:
First Trust Capital Partners
First Trust Capital Partners, LLC (FTCP) invests in early and growth stage companies across multiple industries, with a focus on financial services and...
First Trust Capital Partners
First Trust Capital Partners, LLC (FTCP) invests in early and growth stage companies across multiple industries, with a focus on financial services and healthcare technology. It has offices in Wheaton, Illinois and Franklin, Tennessee, and is affiliated with First Trust Portfolios L.P. and First Trust Advisors L.P. FTCP has made more than 100 private investments over the 15 years since its inception and invests balance sheet capital with a focus on long-term capital appreciation.
General information
Firm type
Private Equity
Year founded
1990
Location
Region
North America
Country
United States
City
Wheaton
Corporate office
120 E Liberty Dr., Wheaton, IL, 60187, United States
Additional offices
Franklin, TN, United States
Principals
Jon Phillips
Managing Director
Karim Botros
Senior Vice President
Rachel Kern
Senior Vice President
Mark Kroeger
Senior Vice President
Sector focus
Frequently asked questions
Who runs investment decisions at First Trust Capital Partners?
Jon Phillips is the Managing Director listed on the firm's website, leading a team that includes three Senior Vice Presidents — Karim Botros, Rachel Kern, and Mark Kroeger. The firm does not publish an investment committee roster or biographical detail on its decision-making process. All named principals appear on the firm's public team page without further investment history disclosure.
What sectors does First Trust Capital Partners explicitly avoid?
FTCP does not publish a negative screening list. Its website states a focus on financial services and healthcare technology, while its broader portfolio includes companies from water infrastructure (Aris Water), data analytics (Palantir), and crypto (Silvergate). The firm does not disclose any hard sector exclusions, but its deal density centers on regulated or technology-enabled services.
How is First Trust Capital Partners related to First Trust Advisors and First Trust Portfolios?
FTCP is an affiliate of First Trust Portfolios L.P. and First Trust Advisors L.P., collectively known as First Trust. The parent entities are known for creating and distributing unit investment trusts and exchange-traded funds. FTCP acts as the private-investment unit within this corporate structure, deploying parent-company capital rather than third-party client assets.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on private equity firms?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: