Overview
Lucid Management and Capital Partners (the “Adviser”) is a Delaware limited partnership
with its principal place of business in New York, New York. David Carlson and the
management team are the principal owners of the Adviser. The Adviser commenced
operations on January 1, 2017.
The Adviser provides advisory services on a discretionary basis to its clients which are pooled
investment vehicles (each a “Fund” and collectively the “Funds”) which are intended for
sophisticated investors and institutional investors. The Adviser may, in the future, also
provide advisory services to separately managed accounts (“Separate Accounts”) for
institutions. The Adviser manages each Fund based on the investment objectives and
investment restrictions set forth
in the operating agreements of the respective entities.
The Adviser seeks attractive risk-adjusted returns on cash alternative and short-duration,
fixed income portfolios while preserving capital, liquidity and a stable net asset value. The
Adviser draws upon the extensive experience of the investment team in managing fixed
income portfolios and collateralized transactions at several leading global banks, dealers and
investment funds. The Adviser provides advice to the Funds based on specific investment
objectives and strategies of each Fund. The Adviser does not tailor its advisory services to the
individual needs of Fund investors.
As of February 29, 2024, the Adviser managed Regulatory Assets under Management
(“RAUM”) of approximately $4,887,500,000 on a discretionary basis.