ITE Rail Fund L.P. is a hedge fund based in New York, New York. According to its most recent Form D, filed Oct 3, 2025, the fund has sold $4,341,370,570 of interests to 854 investors since its first sale in Aug 2014. The filing does not set a minimum investment. 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 David Smilow; ITE Management L.P; ITE Rail GP L.L.C.
- Total raised
- $4,341,370,570Cumulative sales reported on Form D
- Investors
- 854
- First sale
- Aug 1, 2014
- Minimum investment
- None set
- Who can invest
- Qualified purchasersSection 3(c)(7): generally $5M+ in investments
- Offering exemption
- Rule 506(b)No general advertising
- Key people and entities
- David Smilow; ITE Management L.P; ITE Rail GP L.L.C
- Latest Form D
- Oct 3, 2025
From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and HedgeMountain 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
Size compared with every hedge fund
Raised more than 98% of the 2,479 hedge funds based in New York, and more than 98% of all 10,157 that report sales.