Lucid's original fund focussed on high potential, entrepreneurial businesses with proven concepts requiring growth capital and strategic support.
We are comprised of a unique team of successful investors who contribute a balanced combination of monetary and intellectual capital.
Our true value-add is not only financial but includes a high level of strategic, marketing, sales and management skills.
PRIVATE CAPITAL HAS OUTPERFORMED
INVESTING WITH LUCID GROWTH FUND
PRIVATE EQUITY RETURNS
Access to Private Equity returns in a low yield macro environment
Comprehensive Sec 12J structure and compliance
Opportunity to contribute to growth of SA entrepreneurs
Manager is largest shareholder in fund; no performance fees
LONG TERM INVESTMENT
Exits will occur to maximise value over extended time horizon.
LUCID VENTURES MODEL
Sasfin Capital Executive
Ran Neu Ner
Co-founder of The Creative Counsel
Co-founded 36ONE Asset Management
SEC 12J COMPLIANCE
Equity investment is unlisted, SA domiciled entities with less than R50m gross assets post investment
Proven product market fit + proven distribution + positive unit economics
Relevant experience, commercially astute, resilient, sales oriented, responsive, and organised
R100m turnover in 3-5 years
Invest R2m-R15m of staggered growth capital for a significant minority stake
Bias towards industries like food, hospitality and healthcare, but open to broader sectors
Based on our assessment of potential and associated probabilities, we favour milestone driven capital deployment.
Reasonable exit options in 3 years +
Board level strategic mentoring around key decision points and access to Strategy Boost* and Review360
We will happily connect and expose you to our extensive business network
Our dealings are honest and fair, and we always communicate openly.
We work fast and get things done.
INCUBATOR / OPERATIONAL
We won't interfere in operational issues and are not a business incubator
* Strategy Boost – an annual session with a mentor of your choice from our select group of investors
** Review360 – an in-depth quarterly review of your business by our team of analysts triggering a strategic discussion
Tented safari camps
Radisson Blu Hotel and Residence
16 on Bree