MM Term Income Master Fund LLC
Other Private FundFund ID 805-5607102875Cayman Islands
Gross assets
$1.13B
Min. investment
—
Beneficial owners
3
Size rank
Top 7%
Audited
Yes
Structure
Master
About this fund
MM Term Income Master Fund LLC is a other private fund managed by Lucid Management and Capital Partners LP. The fund reports $1.1 billion in gross assets, placing it among the top 7% of private funds by size. Its financial statements are audited annually. Private funds are not required to publicly disclose returns; Form ADV reports assets, structure, and service providers, shown above.
Fund details
| Fund ID | 805-5607102875 |
| Fund type | Other Private Fund — COMMITTED TERM CAPITAL LOW DURATION FIXED INCOME FUND |
| 3(c)(1) exclusion | No |
| 3(c)(7) exclusion | Yes |
| Master fund | Yes |
| Feeder fund | No |
| Fund of funds | No |
| Relies on exemption from registration | No |
| Annual audit | Yes |
| Prepared per GAAP | Yes |
| Sub-advised | No |
| % of assets independently valued | 0% |
Other funds from this manager
| Fund | Type | Gross assets |
|---|---|---|
| Lucid Prime Fund LLC - Series Mig | Liquidity | $921.7M |
| Lucid Prime Fund LLC - Series M | Liquidity | $899.3M |
| Lucid Prime Fund LLC - Q364 | Liquidity | $621.5M |
See all 10 funds from this manager — unlock the full record.
Join to unlock · $37/moFrequently asked questions
How large is MM Term Income Master Fund LLC?
MM Term Income Master Fund LLC reports $1.1 billion in gross assets, among the top 7% of private funds by size.
Who manages MM Term Income Master Fund LLC?
MM Term Income Master Fund LLC is managed by Lucid Management and Capital Partners LP.
Does MM Term Income Master Fund LLC disclose returns?
No. Private funds are not required to publicly disclose performance. Form ADV reports assets, structure, and service providers.
Manager
L
New York, NY
Service providers
Reported gross assets
$1.13B▲ 51%
Mar '25Form ADV, monthlyJun '26
How this fund compares
Gross assetsTop 7%
Larger than 93% of 67,041 private funds
Gross assets vs Other Private FundsTop 5%
Larger than 95% of 8,892 other private funds
Investor base
Adviser & related persons1%
Funds of funds%
Non-U.S. persons%
Share of the fund's beneficial ownership reported on Form ADV. Categories can overlap.