Capital deployed with machine-grade discipline.
First Trust Private Credit Fund gives accredited and institutional investors structured exposure to senior secured private credit — sourced, underwritten, and monitored through a proprietary data pipeline built for speed and control.
A fund architecture built like infrastructure, not a portfolio.
We treat capital allocation the way an engineer treats uptime: every deal passes through the same hardened process, every covenant is tracked continuously, and every position is stress-tested against a live risk model — not a quarterly spreadsheet.
Direct Origination
Proprietary sourcing relationships across the middle market give the Fund first look at senior secured opportunities before broad syndication.
Underwriting Engine
A quantitative credit model screens cash-flow durability, collateral coverage, and covenant structure before any capital commitment is approved.
Continuous Monitoring
Portfolio companies are tracked against live covenant thresholds, with automated alerts routed to the credit committee the moment a metric drifts.
Strategy modules
Capital is deployed across four core strategy modules, each governed by its own risk parameters and reporting cadence.
Senior Secured Lending
First-lien exposure to established middle-market companies with predictable cash flow and hard asset coverage.
Unitranche Structures
Blended senior and subordinated positions that simplify capital stacks while preserving structural protections.
Sponsor Finance
Structured facilities built alongside private equity sponsors for buyouts, recapitalizations, and add-on acquisitions.
Special Situations
Opportunistic credit in transitional or complex situations, sized conservatively within strict portfolio limits.
Risk Analytics
An internal dashboard aggregates covenant data, sector exposure, and duration risk across the full book in real time.
Investor Reporting
Quarterly statements, capital account detail, and portfolio-level transparency delivered through a secure investor portal.
Deal execution pipeline
Every opportunity moves through the same sequence before it reaches the portfolio.
Source & Screen
Origination team and referral network surface opportunities; initial screen filters for sector, size, and credit quality.
Underwrite
Full diligence on cash flow, collateral, management, and downside scenarios, run through the internal credit model.
Credit Committee
Independent committee reviews the underwriting file and approves, revises, or rejects terms.
Close & Fund
Legal documentation is finalized and capital is deployed under agreed structure and covenants.
Monitor
Position is added to the live monitoring dashboard for ongoing covenant and performance tracking.
Portfolio snapshot
Figures are illustrative of target portfolio construction and are updated for investors each quarter.
Request investor access
Available to accredited and institutional investors. Submit a request below and the investor relations desk will follow up.