HIT Income LLC is a private investment fund based in Houston, Texas. According to its most recent Form D, filed Apr 7, 2025, it has sold $911,186 of interests to 13 investors since its first sale in Feb 2023. The minimum investment it accepts from an outside investor is $25,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Based on its first sale date and the amount raised, AltMountain classifies it as an emerging manager. Related persons named in the filing include Stephen Read.
- Total raised
- $911,186Cumulative sales reported on Form D
- Investors
- 13
- First sale
- Feb 2, 2023
- Minimum investment
- $25,000
- Who can invest
- Accredited investorsSection 3(c)(1): up to 100 beneficial owners
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- Stephen Read
- Latest Form D
- Apr 7, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about HIT Income LLC
What is the minimum investment for HIT Income LLC?
According to its latest Form D, filed Apr 7, 2025, the minimum investment HIT Income LLC accepts from an outside investor is $25,000.
Who can invest in HIT Income LLC?
HIT Income LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.
How much has HIT Income LLC raised?
HIT Income LLC reports $911,186 sold from 13 investors on its Form D filed Apr 7, 2025. This is cumulative sales since the offering began, not current assets or performance.
Where is HIT Income LLC based?
HIT Income LLC is based in Houston, Texas.
When did HIT Income LLC launch?
HIT Income LLC reports its first sale in Feb 2023, which makes it an emerging manager by AltMountain's definition (first sale in 2021 or later and under $50 million raised).
Size compared with every private investment fund
Raised more than 34% of the 879 private investment funds based in Texas, and more than 13% of all 10,333 that report sales.