# First Capital: portfolio, investments and team

> First Capital is an investment bank based in Spain. 2 investments on record, 1 in the last 12 months, latest Feb 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/first-capital (Millionrounds; every figure on the page links to its filing or article)

Spain · [Investor](https://millionrounds.com/investors)

# First Capital

Last cheque observed Feb 2026; 2 cheques on record.

Email

Investment bank Deploying now New fund $1.8M, Feb 2026

Series B Investment Banking

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 2 on record

Since the last cheque **267** days **00** hrs **00** min **00** sec

Median round **$15M** Rounds led **0 of 2**

Pitch First Capital

## First Capital highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Series B: 100% of its rounds

## What they do

- **Type:** Investment bank (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Investment Banking
- **Based in:** Madrid, Spain
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **2 appearances**

- **2026** 1 round
- **Feb** **[Uptiq](https://millionrounds.com/company/uptiq)** Series B · US · Ventureburn **$25M** With 12 others
- **2019** 1 round
- **Jul** **[Ocuphire Pharma](https://millionrounds.com/company/ocuphire-pharma)** US · FinSMEs **$5.0M** With 4 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **13 named**

BF **Barry Funt** President and Chief Financial Officer of First Capital Income Fund I Manager, LLC, the managing member i Filing they signed

CE **Clayton E. Woodrum** Mr. Woodrum is a manager of First Capital Management, L.L.C., which manages Issuer. i Filing they signed

CC **Craig C. Fowler** Managing Director of BAMLCAF First Capital GP, LLC, General Partner i Filing they signed

EP **Edward Powers** President of BAMLCAF First Capital GP, LLC, General Partner i Filing they signed

GP **Ganapathi Palanipandian** Managing Member i Filing they signed

GB **Guillermo Borda** Managing Director of BAMLCAF First Capital GP, LLC, General Partner i Filing they signed

MG **Matthew G. HoganBruen** Managing Director of BAMLCAF First Capital GP, LLC, General Partner i Filing they signed

NK **Nina K. Tai** Secretary of BAMLCAF First Capital GP, LLC, General Partner i Filing they signed

PG **Peter Ghishan** Senior Vice President of First Capital Income Fund I Manager, LLC, the managing member i Filing they signed

SK **Sanjiv K. Shah** Managing Director of BAMLCAF First Capital GP, LLC, General Partner i Filing they signed

SK **Stephanie K. Beale** Treasurer of BAMLCAF First Capital GP, LLC, General Partner i Filing they signed

SS **Suneet Singal** Chief Executive Officer of First Capital Income Fund I Manager, LLC, the managing member i Filing they signed

WV **William V. Hanks, III** Mr. Hanks is a manager of First Capital Management, L.L.C., which manages Issuer. i Filing they signed

We also hold **13** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

New fund on file

**$1.8M**

raised in Feb 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Series B

Median round joined **$15M** the round, not its cheque

Led 0 of 2 rounds **0%**

- **Sole investor:** Never alone
- **Last cheque:** Feb 2026

Rounds by stage said on their site

- Series B *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies First Capital put money into.

[**Ocuphire Pharma** $5.0M · Jul 2019](https://millionrounds.com/company/ocuphire-pharma)

## Quick answers about First Capital

### What does First Capital invest in?

First Capital invests most often at Series B (100% of the rounds on record), in sectors such as Investment Banking.

### How active is First Capital?

2 investments on record, 1 of them in the last 12 months. The most recent was in Feb 2026.

### What has First Capital invested in recently?

Its most recent investments on record: Uptiq (Series B, Feb 2026) and Ocuphire Pharma (Undisclosed round, Jul 2019).

### How big are First Capital's cheques?

The median round it joins is $15M.

### Is First Capital investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is First Capital?

First Capital is an investment bank based in Madrid, Spain.

### Has First Capital raised a new fund?

Its latest fund filing with the SEC was in Feb 2026, reporting $1.8M raised.

### Where does this information on First Capital come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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