HITE MLP Caymans Ltd. is a hedge fund based in George Town, Grand Cayman, Cayman Islands. According to its most recent Form D, filed Jun 24, 2019, the fund has sold $72,300,248 of interests to 56 investors since its first sale in May 2011. 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; Christopher Bowring; 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
- $72,300,248Cumulative sales reported on Form D
- Investors
- 56
- First sale
- May 2, 2011
- 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; Christopher Bowring; Karl O'Reilly
- Latest Form D
- Jun 24, 2019
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
Raise history
| Filed | Filing | Total raised | Investors | Source |
|---|---|---|---|---|
| Jun 24, 2019 | Amendment | $72,300,248 | 56 | SEC.gov ↗ |
| Jul 5, 2018 | Amendment | $72,300,248 | 56 | SEC.gov ↗ |
| Sep 19, 2016 | Amendment | $71,800,748 | 56 | SEC.gov ↗ |
| Sep 18, 2015 | Amendment | $54,625,748 | 73 | SEC.gov ↗ |
| Aug 19, 2014 | Amendment | $54,419,548 | 73 | SEC.gov ↗ |
5 Form D filings in the SEC's electronic records (2008 onward), the earliest on Aug 19, 2014. Each filing reports the cumulative amount sold and the number of investors to that date, as the fund filed it. Not verified, and not the fund's current assets. Source: U.S. Securities and Exchange Commission, Form D data sets.
Questions about HITE MLP Caymans Ltd.
What is the minimum investment for HITE MLP Caymans Ltd.?
According to its latest Form D, filed Jun 24, 2019, the minimum investment HITE MLP Caymans Ltd. accepts from an outside investor is $250,000.
Who can invest in HITE MLP Caymans Ltd.?
HITE MLP Caymans 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 MLP Caymans Ltd. raised?
HITE MLP Caymans Ltd. reports $72,300,248 sold from 56 investors on its Form D filed Jun 24, 2019. This is cumulative sales since the offering began, not current assets or performance.
Where is HITE MLP Caymans Ltd. based?
HITE MLP Caymans Ltd. is based in George Town, Grand Cayman, Cayman Islands.
When did HITE MLP Caymans Ltd. launch?
HITE MLP Caymans Ltd. reports its first sale in May 2011.
Size compared with every hedge fund
Raised more than 44% of the 2,346 hedge funds based in Cayman Islands, and more than 52% of all 10,140 that report sales.