First Trust Alternative Investment Research
Through our affiliation with First Trust Capital Management L.P. (FTCM), a federally registered investment advisor that manages a curated spectrum of alternative investments across private equity, venture capital, hedge funds, real estate, and private credit, we offer solutions across asset classes and investment vehicles for all types of investors across the accreditation spectrum.
First Trust Alternative Investment Research (FT AIR) is the research department within FTCM that has an extensive network to source private investments. FT AIR utilizes its expertise and extensive network to source private investments. FT AIR has built a time-tested track record of sourcing highly-specialized managers that seek to provide superior risk-adjusted returns with a focus on upside opportunity and capital preservation.


Private Asset Platform
- Private Equity
- Real Estate
- Private Credit
- Hedge Funds
- Co-Investments
Manager Due Diligence Process
FT AIR completes investment and operational due diligence in a granular, repeatable, and highly codified manner.

