First Trust launches FT Select I, indefinite-size private equity fund in Chicago
First Trust Capital Management has filed to raise an indefinite amount for FT Select I LLC, a Delaware-based private equity fund. The fund has already sold $37.31M to 110 investors as of mid-October 2026.
How this compares
- Across 499 private equity / buyout sponsors with more than one launch on EDGAR, the median gap between consecutive funds is 5 months.
- This is the sponsor's 2nd fund launch on EDGAR; the previous one, FT Select I LLC, was filed 8 months earlier.
Computed from every Form D fund launch on EDGAR since late 2024, not sampled. Amounts are the stated offering size; indefinite offerings are excluded.
Raise progress
| Filed | Form | Sold | Investors | Change |
|---|---|---|---|---|
| 2026-03-13 | D | $75.3M | 101 | |
| 2026-10-30 | D | $37.3M | 110 | −$38M |
Amount sold and investor count as restated on each of the issuer's Form D filings. A rise since the previous filing is capital closed in between.
First Trust on EDGAR
Earlier and related filings by the same issuer and sponsor. All Ft Select vehicles →
People on the filing
| Michael Peck | Executive Officer |
| Chad Eisenberg | Executive Officer |
| Thomas Reckley | Executive Officer |
[email protected] · observed Work emails for the people on the filing, where the firm publishes or patterns them, labelled by confidence — subscribers
Signed by Chad Eisenberg, COO of Issuer's Manager.
Placement agents / sales compensation: First Trust Portfolios L.P.
Why now — by persona
- Fund administrator:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
- Fund audit & tax:A concrete reason to call this issuer this week, citing the filing. Subscribe to unlock
Filing contact
The issuer's phone number and address from the filing are shown to subscribers. See plans.