{ "crd_number": 287883, "slug": "lucid-management-and-capital-partners-lp-new-york-ny-287883", "primary_business_name": "LUCID MANAGEMENT AND CAPITAL PARTNERS LP", "legal_name": "LUCID MANAGEMENT AND CAPITAL PARTNERS LP", "dbas": [], "city": "New York", "state": "NY", "country": "United States", "cbsa_code": "35620", "metro": { "cbsa_code": "35620", "common_name": "New York", "msa_name": "New York-Newark-Jersey City, NY-NJ", "path": "/advisors/ny/new-york" }, "registration_type": "sec", "registration_status": "Approved", "registration_date": "2017-04-05", "years_registered": 9, "period": "2026-10-01", "filing_date": "2026-03-30", "carried_forward": false, "raum_total": 4867700000.0, "raum_discretionary": 4867700000.0, "raum_non_discretionary": 0.0, "raum_band": "1b_5b", "raum_band_label": "$1 billion to $5 billion", "total_employees": 16, "advisory_employees": 5, "client_count_bucket": null, "clients_by_type": { "pooled_investment_vehicles": { "raum": 4867700000.0, "count": 13 } }, "compensation_types": [ "percentage_of_aum" ], "advisory_activities": [ "portfolio_management_pooled_vehicles" ], "wrap_fee_participant": false, "disclosure_yes_count": 0, "states_registered": [], "websites": [ "https://lucidma.com" ], "iapd_url": "https://adviserinfo.sec.gov/firm/summary/287883", "city_as_filed": "NEW YORK", "url": "https://advisorcensus.com/firm/lucid-management-and-capital-partners-lp-new-york-ny-287883", "display_name": "Lucid Management and Capital Partners LP", "summary": "Lucid Management and Capital Partners LP is an SEC-registered investment advisory firm in New York, NY, registered since 2017, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated March 30, 2026.", "citation": "AdvisorCensus. Lucid Management and Capital Partners LP (CRD 287883): Form ADV filing data as of October 2026.", "registration_type_label": "SEC-registered investment adviser", "compensation_labels": [ "A percentage of assets under your management" ], "advisory_activity_labels": [ "Portfolio management for pooled investment vehicles (other than investment companies)" ], "quick_answers": [ { "q": "How is Lucid Management and Capital Partners LP compensated?", "a": "On its Form ADV (Item 5.E, October 2026), Lucid Management and Capital Partners LP reports these compensation arrangements: a percentage of assets under its management. The amounts are in Item 5 of its Form ADV Part 2A brochure." }, { "q": "Where is Lucid Management and Capital Partners LP located?", "a": "Lucid Management and Capital Partners LP's principal office is in New York, NY, according to its Form ADV." }, { "q": "Is Lucid Management and Capital Partners LP registered with the SEC or a state?", "a": "Lucid Management and Capital Partners LP is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 287883." }, { "q": "How much does Lucid Management and Capital Partners LP manage?", "a": "Lucid Management and Capital Partners LP reports $4,867,700,000 in regulatory assets under management in its Form ADV filing dated March 30, 2026 (100% discretionary)." }, { "q": "How have Lucid Management and Capital Partners LP's assets and staff changed since 2021?", "a": "In the Form ADV data for Lucid Management and Capital Partners LP: Regulatory assets under management: $1,954,205,000 in the October 2021 data and $4,867,700,000 in the October 2026 data, up 149%. Total employees: 7 in October 2021 and 16 in October 2026. Assets under management move with markets as well as with clients coming and going." }, { "q": "What types of clients does Lucid Management and Capital Partners LP serve?", "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (13)." }, { "q": "Does Lucid Management and Capital Partners LP report any disciplinary disclosures?", "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/287883" }, { "q": "What changed in Lucid Management and Capital Partners LP's recent Form ADV filings?", "a": "In the April 2026 filing data: Regulatory assets under management went from $3,896,200,000 to $4,867,700,000 (+25%)." } ], "filing_history": [ { "period": "2021-10-01", "regulatory_assets_under_management": 1954205000.0, "total_employees": 7, "filing_date": "2021-08-02" }, { "period": "2022-10-01", "regulatory_assets_under_management": 2739798000.0, "total_employees": 9, "filing_date": "2022-03-29" }, { "period": "2023-10-01", "regulatory_assets_under_management": 3211210000.0, "total_employees": 11, "filing_date": "2023-05-08" }, { "period": "2024-10-01", "regulatory_assets_under_management": 4168900000.0, "total_employees": 13, "filing_date": "2024-04-24" }, { "period": "2025-10-01", "regulatory_assets_under_management": 3896200000.0, "total_employees": 19, "filing_date": "2025-03-28" }, { "period": "2026-10-01", "regulatory_assets_under_management": 4867700000.0, "total_employees": 16, "filing_date": "2026-03-30" } ], "recent_changes": [ { "period": "2026-04-01", "period_label": "April 2026", "notes": [ "Regulatory assets under management went from $3,896,200,000 to $4,867,700,000 (+25%)." ] } ], "fees_from_brochure": null, "custodians": [], "custodians_note": null, "markdown_url": "https://advisorcensus.com/firm/lucid-management-and-capital-partners-lp-new-york-ny-287883.md", "clients": [ { "type": "pooled_investment_vehicles", "label": "Pooled investment vehicles (other than investment companies and business development companies)", "count": 13, "fewer_than_5": false, "raum": 4867700000.0 } ], "disclosure_line": "Reports no disclosure items on Form ADV Item 11.", "disclosure_items": [], "indexable": true, "suppressed": false, "claimed": false, "enhanced": false, "provided_by_the_firm": null, "source": { "name": "Form ADV", "as_of": "2026-10-01", "iapd_url": "https://adviserinfo.sec.gov/firm/summary/287883", "operator": "BH Monitor Services, LLC", "license": "https://creativecommons.org/licenses/by/4.0/", "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data" } }