Form D · Hedge Fund

FT Alternative Platform I LLC

Chicago, IL · CIK 0001576420

Offering snapshot reported Nov 20, 2025 · SEC filing

Reported sold
$651M
Indefinite offering
Investors reported
1,182
Form D · investor count
Minimum accepted
$0
Reported outside-investor minimum
First sale
May 1, 2013
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$326M$651MJul 7, 2021: $444,769,606.00Jul 7, 2021Nov 29, 2021: $459,775,234.00Nov 29, 2022: $533,931,899.00Nov 29, 2022Nov 29, 2023: $589,614,507.00Nov 29, 2023Nov 22, 2024: $617,913,522.00Nov 22, 2024Nov 20, 2025: $651,036,159.00Nov 20, 2025

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$617,913,522 → $651,036,159
  • Reported investors1,095 → 1,182

Filing history

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FiledFiling typeReported soldChange vs linked filingInvestorsSource
Nov 20, 2025Amendment$651,036,159$33,122,637vs Nov 22, 20241,182SEC filing
Nov 22, 2024Amendment$617,913,522$28,299,015vs Nov 29, 20231,095SEC filing
Nov 29, 2023Amendment$589,614,507$55,682,608vs Nov 29, 20221,028SEC filing
Nov 29, 2022Amendment$533,931,899$74,156,665vs Nov 29, 2021924SEC filing
Nov 29, 2021Amendment$459,775,234$15,005,628vs Jul 7, 2021808SEC filing
Jul 7, 2021Amendment$444,769,606No comparisonNot reportedSEC filing
Jul 10, 2020Amendment$353,809,653$71,260,466vs Jul 10, 2019564SEC filing
Jul 10, 2019Amendment$282,549,187$53,149,516vs Jul 11, 2018435SEC filing
Jul 11, 2018Amendment$229,399,671$37,839,201vs Jul 11, 2017345SEC filing
Jul 11, 2017Amendment$191,560,470$32,743,864vs Jul 12, 2016310SEC filing
Jul 12, 2016Amendment$158,816,606$58,956,406vs Jul 10, 2015269SEC filing
Jul 10, 2015Amendment$99,860,200$32,568,581vs May 13, 2014201SEC filing
May 13, 2014Amendment$67,291,619$64,696,619vs May 14, 2013169SEC filing
May 14, 2013Initial$2,595,000No comparison14SEC filing

Offering details

Securities
Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$145K (estimated)
Finders' fees
$0
Form D file number
021-196419

Sales compensation recipients

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RecipientCRDAssociated broker-dealer
First Trust Portfolios L.P.28519

Source: Form D, filed Nov 20, 2025. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

FT ALTERNATIVE PLATFORM I LLC

Investment adviser: FIRST TRUST CAPITAL MANAGEMENT L.P.

Gross asset value
$438M
Beneficial owners
660
ADV minimum commitment
$100K

Reported in Form ADV on Aug 19, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator NAV CONSULTING, INC OAKBROOK TERRACE, Illinois, United States Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor ERNST & YOUNG LLP CHICAGO, Illinois, United States
Custodian FIDELITY DIGITAL ASSETS SERVICES, LLC BOSTON, Massachusetts, United States Related to adviser: No
Custodian HARRIS N.A. CHICAGO, Illinois, United States Related to adviser: No
Custodian TRISTATE CAPITAL BANK PITTSBURGH, Pennsylvania, United States Related to adviser: No
Custodian UMB BANK, N.A. KANSAS CITY, Missouri, United States Related to adviser: No
Marketer FIRST TRUST PORTFOLIOS L.P. WHEATON, Illinois, United States Related to adviser: Yes
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
Yes

ERNST & YOUNG LLP
PCAOB 42

FIDELITY DIGITAL ASSETS SERVICES, LLC
LEI 549300J8GA3CBHZMOD95

HARRIS N.A.
LEI 3Y4U8VZURTYWI1W2K376

TRISTATE CAPITAL BANK
LEI 5493002GQNJKJONGBS18

UMB BANK, N.A.
LEI VNOO6EITDJ2YUEBMSZ83

FIRST TRUST PORTFOLIOS L.P.
CRD 28519 · SEC 8-43843

Filing source

Form ADV 2126693 · Aug 19, 2026 · Schedule D 7.B.(1), fund 805-7594712428

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Chad Eisenberg Executive
Randal L. Golden Executive
Michael Peck Executive
Thomas Reckley Executive
David Sternberg Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
225 West Wacker Drive Suite 2160
Chicago, IL, 60606