HITE HEDGE ASSET MANAGEMENT LLC

other names
{{ Info.Overview }}
Revenue {{ Info.Revenue | formatUSD }}
Headquarters {{ Info.Headquarters }}
cb

Adviser Profile
As of Date 03/28/2024
Adviser Type - Large advisory firm
Number of Employees 18 20.00%
of those in investment advisory functions 13 30.00%
Registration SEC, Approved, 02/22/2012
AUM* 1,878,932,034 -18.86%
of that, discretionary 1,878,932,034 -18.86%
Private Fund GAV* 1,714,399,797 -46.12%
Avg Account Size 375,786,407 -35.09%
SMA’s No
Private Funds 3
Contact Info 617 xxxxxxx
Websites

Client Types

- Pooled investment vehicles
- Other

Advisory Activities

- Portfolio management for pooled investment vehicles

Compensation Arrangments

- A percentage of assets under your management
- Performance-based fees

Recent News

Reported AUM

Discretionary
Non-discretionary
2B 2B 2B 1B 992M 662M 331M
2015 2016 2017 2018 2019 2020 2021 2022 2023

Private Funds



Employees

Private Funds Structure

Fund Type Count GAV
Fund TypeHedge Fund Count3 GAV$1,714,399,797

Similar advisers

Adviser Hedge Fund Liquidity Fund Private Equity Fund Real Estate Fund Securitized Asset Fund Venture Capital Fund Other Fund Total Private Fund GAV AUM #Funds
Adviser VOYAGER GLOBAL MANAGEMENT LP Hedge Fund3.0b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV3.0b AUM3.0b #Funds1
Adviser WEATHERBIE CAPITAL, LLC Hedge Fund180.3m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV180.3m AUM2.1b #Funds2
Adviser LYRICAL-ANTHEUS MANAGEMENT, L.P. Hedge Fund- Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV- AUM2.3b #Funds-
Adviser MAPLE ROCK CAPITAL PARTNERS INC. Hedge Fund2.4b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.4b AUM2.4b #Funds1
Adviser FPR PARTNERS LLC Hedge Fund2.0b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.0b AUM2.0b #Funds4
Adviser NEWSOUTH CAPITAL MANAGEMENT INC Hedge Fund108.8m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV108.8m AUM2.6b #Funds1
Adviser PARSIFAL CAPITAL MANAGEMENT, LP Hedge Fund1.8b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.8b AUM2.2b #Funds2
Adviser ALPSTONE CAPITAL (SUISSE) S.A. Hedge Fund1.5b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV1.5b AUM1.5b #Funds1
Adviser ZAZOVE ASSOCIATES LLC Hedge Fund285.8m Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV285.8m AUM2.3b #Funds5
Adviser VERGER CAPITAL MANAGEMENT Hedge Fund2.4b Liquidity Fund- Private Equity Fund- Real Estate Fund- Securitized Asset Fund- Venture Capital Fund- Other Fund- Total Private Fund GAV2.4b AUM2.7b #Funds1

Top Holdings

Stock Ticker Stock Name $ Position % Position $ Change # Change
Stck Ticker92340V107 Stock NameVEREN INC $ Position$65,155,110 % Position7.00% $ Change # Change
Stck Ticker233331107 Stock NameDTE ENERGY CO $ Position$41,766,637 % Position5.00% $ Change7.00% # Change-7.00%
Stck Ticker736508847 Stock NamePORTLAND GEN ELEC CO $ Position$36,192,090 % Position4.00% $ Change-44.00% # Change-49.00%
Stck Ticker536797103 Stock NameLITHIA MTRS INC $ Position$34,187,276 % Position4.00% $ Change6611.00% # Change5233.00%
Stck Ticker29364G103 Stock NameENTERGY CORP NEW $ Position$31,505,855 % Position4.00% $ Change-31.00% # Change-44.00%
Stck Ticker674215207 Stock NameCHORD ENERGY CORPORATION $ Position$30,220,132 % Position3.00% $ Change-17.00% # Change7.00%
Stck Ticker20825C104 Stock NameCONOCOPHILLIPS $ Position$27,972,159 % Position3.00% $ Change-30.00% # Change-24.00%
Stck Ticker03674X106 Stock NameANTERO RESOURCES CORP $ Position$27,351,725 % Position3.00% $ Change459.00% # Change537.00%
Stck Ticker402635502 Stock NameGULFPORT ENERGY OPERATING CO $ Position$26,983,889 % Position3.00% $ Change-56.00% # Change-56.00%
Stck Ticker65473P105 Stock NameNISOURCE INC $ Position$26,330,882 % Position3.00% $ Change-44.00% # Change-53.00%

Brochure Summary

Overview

HITE, a Delaware limited liability company which has been in business since 2003 and first began managing assets in 2004, offers the services described below to private funds (“Private Funds” or “Funds” and, each individually, a “Fund”) and two separately managed accounts. The firm is owned by Matt Niblack and James Jampel. As of December 31, 2023, HITE managed regulatory assets under management of $1,878,932,034. All client assets are managed on a discretionary basis. HITE provides investment advisory services to HITE Hedge LP, HITE Hedge Offshore Ltd, and HITE Hedge II LP (formerly HITE Energy LP) and two separately managed accounts. The Adviser formulates each Private Fund’s investment objective, directs and manages the investment and reinvestment of each Private Fund’s assets and provides reports to investors. HITE manages the assets
of each Private Fund in accordance with the terms of the governing documents applicable to each Private Fund. HITE does not tailor its advisory services, investment objectives or strategies to the requests or needs of individual Private Fund investors. The Private Funds may impose restrictions on HITE with respect to investing in certain securities or types of securities, but investors in these Funds are not permitted to restrict a Fund’s investments. For more detailed information regarding each Fund’s restrictions, refer to each Fund’s offering memorandum. HITE currently provides discretionary investment advisory services to two separate account clients. HITE tailors its services to the individual needs of those clients. The client may impose restrictions on investing in certain securities or types of securities.