Lucid Management And Capital Partners LP (New York)

Name: Lucid Management And Capital Partners LP
Address: 230 Park Ave, 4 Th Floor West, New York, NY, 10169
Telephone: (212)551-1702

Lucid Management And Capital Partners LP is a large advisory firm based in New York. It manages $540.67 million of regulatory assets for 5 client accounts. It has been registered with the SEC as an adviser since 2017.

Lucid Management And Capital Partners provides portfolio management for pooled investment vehicles. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Lucid Management And Capital Partners: assets under management

The assets under management (AUM) of Lucid Management And Capital Partners LP is $540.67 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 438% since the beginning of its operation, and $9.16 million of the total AUM is attributable to clients outside of the United States.

The firm manages $540.67 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $108.13 million each.

Lucid Management And Capital Partners has custody of $540.67 million in cash and securities for 5 clients in total but doesn’t act as a qualified custodian.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Lucid Management And Capital Partners LP for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Lucid Management And Capital Partners serves?

The only and largest group of clients of Lucid Management And Capital Partners is pooled investment vehicles with 5 clients and $540.67 million of assets under management. Among the 11 most similar advisory firms, Lucid Management And Capital Partners has the highest percentage of pooled investment vehicles out of all clients.

The amount of regulatory assets under management is $540.67 million for 5 clients. 20% of the firm’s clients are foreign persons or businesses.

Lucid Management And Capital Partners also advises several private funds. Namely, one hedge fund and two liquidity funds. The minimum investment commitment required of non-related persons ranges from $0 to $250,000.

Careers at Lucid Management And Capital Partners LP

The company employs 5 people that are either part- or full-time employees. 60 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
David Kent Carlson	Chief executive officer, chief financial officer, limited partner	1 Jan 2017	50% - 75%	2384490
Lucid Gp Llc	General partner	1 Jan 2017	Other	81-5095593
Mattias (Nmn) Almers	Officer, limited partner	1 Feb 2017	Other	4685750
Martin Izquierdo St. Pierre	Chief risk officer, chief compliance officer, limited partner	1 Feb 2017	Other	2524919

Indirect Owners

The SEC currently registers 1 indirect owner.

Name	Entity	Date acquired	Ownership	Employer ID
Catherine Whidden Day Carlson	Member	1 Jan 2017	25% - 50%	6776155

Based in New York

The principal office where Lucid Management And Capital Partners LP performs its advisory services is located at 230 Park Ave, 4 Th Floor West, New York, NY 10169, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (212)551-1702 or by fax (646)992-2613. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at lucidma.com.