HITE Energy, 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 $4,885,000 of interests to 5 investors since its first sale in Jan 2021. 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 Christopher Bowring; HITE Hedge Asset Management LLC; Karl O'Reilly.
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
- $4,885,000Cumulative sales reported on Form D
- Investors
- 5
- First sale
- Jan 1, 2021
- 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
- Christopher Bowring; HITE Hedge Asset Management LLC; Karl O'Reilly
- 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 Energy, Ltd.
What is the minimum investment for HITE Energy, Ltd.?
According to its latest Form D, filed Mar 14, 2022, the minimum investment HITE Energy, Ltd. accepts from an outside investor is $250,000.
Who can invest in HITE Energy, Ltd.?
HITE Energy, 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 Energy, Ltd. raised?
HITE Energy, Ltd. reports $4,885,000 sold from 5 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 Energy, Ltd. based?
HITE Energy, Ltd. is based in Georgetown, Cayman Islands.
When did HITE Energy, Ltd. launch?
HITE Energy, Ltd. reports its first sale in Jan 2021.
Size compared with every hedge fund
Raised more than 18% of the 2,342 hedge funds based in Cayman Islands, and more than 14% of all 10,127 that report sales.