HITE Carbon Offset Ltd. is a hedge fund based in Georgetown, Cayman Islands. According to its most recent Form D, filed Mar 14, 2022, the fund has sold $136,689,128 of interests to 21 investors since its first sale in Jul 2019. The minimum investment it accepts from an outside investor is $250,000. 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. Related persons named in the filing include HITE Hedge Asset Management LLC; James Jampel; Christopher Bowring.
Performance
No returns have been reported for this fund. Hedge fund returns are not part of SEC filings; managers report them to AltMountain directly.
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- Total raised
- $136,689,128Cumulative sales reported on Form D
- Investors
- 21
- First sale
- Jul 1, 2019
- Minimum investment
- $250,000
- 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
- HITE Hedge Asset Management LLC; James Jampel; Christopher Bowring
- Latest Form D
- Mar 14, 2022
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 Carbon Offset Ltd.
What is the minimum investment for HITE Carbon Offset Ltd.?
According to its latest Form D, filed Mar 14, 2022, the minimum investment HITE Carbon Offset Ltd. accepts from an outside investor is $250,000.
Who can invest in HITE Carbon Offset Ltd.?
HITE Carbon Offset Ltd. 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 HITE Carbon Offset Ltd. raised?
HITE Carbon Offset Ltd. reports $136,689,128 sold from 21 investors on its Form D filed Mar 14, 2022. This is cumulative sales since the offering began, not current assets or performance.
Where is HITE Carbon Offset Ltd. based?
HITE Carbon Offset Ltd. is based in Georgetown, Cayman Islands.
When did HITE Carbon Offset Ltd. launch?
HITE Carbon Offset Ltd. reports its first sale in Jul 2019.
Size compared with every hedge fund
Raised more than 54% of the 2,344 hedge funds based in Cayman Islands, and more than 63% of all 10,129 that report sales.