HITE Beta Hedge LLC is a hedge fund based in Newton, Massachusetts. According to its most recent Form D, filed Sep 20, 2016, the fund has sold $146,056,910 of interests to 2 investors since its first sale in Jul 2012. The minimum investment it accepts from an outside investor is $250,000. It relies on the Section 3(c)(7) exclusion, so investors generally must be qualified purchasers. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include James Jampel; HITE Hedge Asset Management LLC.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
Is this your fund? Report your monthly returns · How performance works
- Total raised
- $146,056,910Cumulative sales reported on Form D
- Investors
- 2
- First sale
- Jul 5, 2012
- Minimum investment
- $250,000
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- James Jampel; HITE Hedge Asset Management LLC
- Latest Form D
- Sep 20, 2016
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. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction
Questions about HITE Beta Hedge LLC
What is the minimum investment for HITE Beta Hedge LLC?
According to its latest Form D, filed Sep 20, 2016, the minimum investment HITE Beta Hedge LLC accepts from an outside investor is $250,000.
Who can invest in HITE Beta Hedge LLC?
HITE Beta Hedge LLC is generally open only to qualified purchasers (generally individuals with at least $5 million in investments), because it relies on Section 3(c)(7). It uses Rule 506(b), which does not allow general advertising.
How much has HITE Beta Hedge LLC raised?
HITE Beta Hedge LLC reports $146,056,910 sold from 2 investors on its Form D filed Sep 20, 2016. This is cumulative sales since the offering began, not current assets or performance.
Where is HITE Beta Hedge LLC based?
HITE Beta Hedge LLC is based in Newton, Massachusetts.
When did HITE Beta Hedge LLC launch?
HITE Beta Hedge LLC reports its first sale in Jul 2012.
Size compared with every hedge fund
Raised more than 53% of the 474 hedge funds based in Massachusetts, and more than 64% of all 10,128 that report sales.