Lucid Management And Capital Partners Lp
- Regulatory AUM
- $4.9B
- Discretionary
- $4.9B
- Clients
- 13
- Avg AUM / client
- $374M
- Accounts
- 13
- Employees
- 16
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 13 | $4.9B | 100.0% |
Private funds (12)
Reported in Form ADV Section 7.B.(1), filing of Nov 2024 · $4.2B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Mm Term Income Master Fund Llc master | Other Private Fund | Cayman Islands | $1.4B | 3 |
| Lucid Prime Fund Llc Series M master | Liquidity Fund | Delaware | $704M | 12 |
| Lucid Prime Fund Llc Series Mig master | Liquidity Fund | Delaware | $537M | 6 |
| Lucid Prime Fund Llc Series Q1 master | Liquidity Fund | Delaware | $511M | 8 |
| Lucid Prime Fund Llc Q364 master | Liquidity Fund | Delaware | $459M | 5 |
| Lucid Prime Fund Llc Qx master | Liquidity Fund | Delaware | $213M | 4 |
| Lucid Prime Fund Llc Series C1 | Liquidity Fund | Delaware | $114M | 1 |
| Lucid Prime Fund Llc Series 2 Yig master | Other Private Fund | Delaware | $89.5M | 3 |
| Lucid Prime Fund Llc Series A1 master | Other Private Fund | Delaware | $76.5M | 2 |
| Lucid Cash Fund Usg Llc master | Liquidity Fund | Delaware | $72.3M | 4 |
| Lucid Prime Fund Llc Series Usgm master | Liquidity Fund | Delaware | $0 | 0 |
| Lucid Prime Fund Llc Series A2 Y master | Other Private Fund | Delaware | $0 | 0 |
People (5)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Carlson, David, Kent | Chief Executive Officer, Limited Partner | Jan 2017 (10y) | ≈ 0% – 5% via Lucid Gp Llc | |
| Day Carlson, Catherine, Whidden | Member | Jan 2017 (10y) | ≈ 0% – 2.5% via Lucid Gp Llc | |
| Almers, Mattias, (Nmn) | Officer, Limited Partner | Feb 2017 (10y) | 5% – 10% | |
| St. Pierre, Martin, Izquierdo | Chief Risk Officer, Limited Partner | Feb 2017 (10y) | 10% – 25% | |
| Campbell, Heather, Lee | Chief Financial Officer, Chief Compliance Officer | Mar 2024 (2y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Lucid Gp Llc | General Partner | Jan 2017 | A | Less than 5% |
Undisclosed: 0% – 35% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Carlson, David, Kent: 75% – 100% of Lucid Gp Llc × 0% – 5% direct ≈ 0% – 5% of the firm
- Day Carlson, Catherine, Whidden: 25% – 50% of Lucid Gp Llc × 0% – 5% direct ≈ 0% – 2.5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (12, $4.2B gross assets)
| Fund | Type | Gross assets | Min. investment | Owners |
|---|---|---|---|---|
| Mm Term Income Master Fund Llc | Other Private Fund | $1.4B | $0 | 3 |
| Lucid Prime Fund Llc Series M | Liquidity Fund | $704M | $500K | 12 |
| Lucid Prime Fund Llc Series Mig | Liquidity Fund | $537M | $250K | 6 |
| Lucid Prime Fund Llc Series Q1 | Liquidity Fund | $511M | $1.0M | 8 |
| Lucid Prime Fund Llc Q364 | Liquidity Fund | $459M | $1.0M | 5 |
| Lucid Prime Fund Llc Qx | Liquidity Fund | $213M | $1.0M | 4 |
| Lucid Prime Fund Llc Series C1 | Liquidity Fund | $114M | $50.0M | 1 |
| Lucid Prime Fund Llc Series 2 Yig | Other Private Fund | $89.5M | $1.0M | 3 |
| Lucid Prime Fund Llc Series A1 | Other Private Fund | $76.5M | $1.0M | 2 |
| Lucid Cash Fund Usg Llc | Liquidity Fund | $72.3M | $250K | 4 |
| Lucid Prime Fund Llc Series Usgm | Liquidity Fund | $0 | $250K | 0 |
| Lucid Prime Fund Llc Series A2 Y | Other Private Fund | $0 | $0 | 0 |
From Form ADV Section 7.B private fund reporting.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 3.2 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for pooled investment vehicles
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗