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Multi-Asset

First Trust Alternative Opportunities Fund

First Trust Capital Solutions

Net Assets

$3.3B

NAV Growth YoY

+50%

Most Recent Return

−9.57%

Formation

2016

Portfolio Composition

Investment Type

Private Equity
12.00%
Real Estate
14.00%
Alternative Credit
13.00%
Hedged Strategies
16.00%
Co-Investments
45.00%

Strategy

CLOs
25.50%
Regulatory Capital Relief
16.40%
Growth Equity/Venture Capital
7.20%
Value-Add Real Estate
7.20%
Asset-Backed Bridged Loans
6.80%
Term Loans & Equity Warrants
6.40%
Net Lease Real Estate
3.10%
Private Equity
3.00%
Middle Market Direct Lending
3.00%
Option Writing
2.80%
Multi Market Direct Lending
2.30%
Other
16.20%

Portfolio composition data sourced from regulatory filings.

Sekond Liquidity Risk Profile

Real-time liquidity intelligence powered by regulatory filings and proprietary analysis.

Current Repurchase Window
StatusOPEN
Cap5.0%
Redemption Waterfall
StatusOPEN
Cap5.0%
Third Party Offers
StatusOPEN
Cap5.0%
Liquidity Runway — Stressed Scenarios
StatusOPEN
Cap5.0%
Liquidity Composition
StatusOPEN
Cap5.0%
Redemption Context
StatusOPEN
Cap5.0%

Summary Metrics

Liquidity RiskB+
Runway

5Q

Fill Rate

92%

Fee Impact

1.45%

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About This Fund

The First Trust Alternative Opportunities Fund is a '40 Act registered closed-end interval fund managed by First Trust Capital Management L.P. It employs a multi-manager approach, allocating assets among the Investment Manager and sub-advisers including RiverNorth Capital Management and Palmer Square Capital Management. The fund pursues positive absolute returns through global macro, opportunistic equity, merger arbitrage, and multi-strategy fixed-income strategies. It offers quarterly repurchase opportunities and targets long-term capital appreciation with low correlation to traditional indices.

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