Private company

HITE Hedge Asset Management LLC

Limited liability company registered in the United States, active since 2003. Summary from the record

Last updated Oct 21, 2026.

Overview

  • HeadquartersQuincy, United States2
  • Legal formLimited Liability Company2
  • LEI549300OBCA6ND6Z1GK842
  • StatusActive2
  • LEI statusIssued and current2
  • Registered addressC/O CORPORATION SERVICE COMPANY, 19808 Wilmington, United States2
  • Registered withDivision of Corporations, Department of State, 37204082

Corporate structure

HITE Hedge Asset Management LLC sits at the top of its group. 3 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of HITE Hedge Asset Management LLC

  • Nl Hite Holdings LLC Owns 50% to 75% of Hite Hedge Asset, since 06/2021 (Form ADV)
  • Asl Hite Holdings LLC Owns 25% to 50% of Hite Hedge Asset, since 06/2021 (Form ADV)
  • Asl Capital LLC Owns 75% or more of Asl Hite Holdings, since 06/2021 (Form ADV)
  • Robert Matthew Niblack Owns 75% or more of Nl Hite Holdings, since 06/2021 (Form ADV)
  • The Niblack Layne 2021 Delaware Trust Owns 75% or more of Asl Capital LLC, since 06/2021 (Form ADV)
  • Jp Morgan Trust Company Of Owns control (general partner, trustee or manager) of The Niblack Layne, since 06/2021 (Form ADV)
  • Hite Hedge Asset Management Gp Owns control (general partner, trustee or manager) of Hite Hedge Asset, since 06/2021 (Form ADV)

Built from stakes of 5% or more it reported on Schedules 13D and 13G (2 companies); owners and owned firms from Form ADV, the registration investment advisers file with the SEC. Each entity in the chart links to its source.

Investment adviser

HITE Hedge Asset Management LLC is registered with the SEC as an investment adviser. This is what it reports on Form ADV, the registration every adviser files and keeps current.

  • Assets it manages$2.2B3 7 accounts, all with discretion
  • Employees21 13 in investment advice or research
  • ClientsPooled investment vehicles (other than investment companies and: 4 ($1.8B); Other: FUND OF FUNDS SMA: 3 ($368.4M)
  • How it is paidA percentage of assets under its management; Performance-based fees
  • What it doesPortfolio management for pooled investment vehicles (other than investment companies)
  • Holds client assetsYes: cash and securities
  • RegistrationSEC 801-73166, CRD 160173 IAPD record

Who owns it

Owners of 5% or more as the firm lists them (Schedule A), and the owners of those owners up the chain (Schedule B).

  • HITE HEDGE ASSET MANAGEMENT LPowns 75% or more, since 12/2018
  • HITE HEDGE ASSET MANAGEMENT GPowns general partner, trustee or manager of HITE HEDGE ASSET, since 06/2021
  • JP MORGAN TRUST COMPANY OFowns general partner, trustee or manager of THE NIBLACK LAYNE, since 06/2021
  • Robert Matthew Niblackowns general partner, trustee or manager of ASL CAPITAL LLC, since 06/2021
  • ASL CAPITAL LLCowns 75% or more of ASL HITE HOLDINGS, since 06/2021
  • Robert Matthew Niblackowns 75% or more of HITE HEDGE ASSET, since 06/2021
  • Robert Matthew Niblackowns 75% or more of NL HITE HOLDINGS, since 06/2021
  • THE NIBLACK LAYNE 2021 DELAWARE TRUSTowns 75% or more of ASL CAPITAL LLC, since 06/2021
  • NL HITE HOLDINGS LLCowns 50% to 75% of HITE HEDGE ASSET, since 06/2021
  • ASL HITE HOLDINGS LLCowns 25% to 50% of HITE HEDGE ASSET, since 06/2021

Disciplinary record

The firm answered yes to 4 of the disciplinary questions on Form ADV (Item 11). A yes can concern the firm itself or an affiliate.

  • The SEC or the CFTC has found the firm or an advisory affiliate to have been involved in a violation of SEC or CFTC regulations or statutes.
  • The SEC or the CFTC has entered an order against the firm or an advisory affiliate in connection with investment-related activity.
  • The SEC or the CFTC has imposed a civil money penalty on the firm or an advisory affiliate, or ordered the firm or an advisory affiliate to cease and desist from any activity.
  • Any domestic or foreign court has found that the firm or an advisory affiliate were involved in a violation of investment-related statutes or regulations.

Each event as the firm describes it on its Disclosure Reporting Pages:

U.S. SECURITIES AND EXCHANGE COMMISSION · Feb 21, 2023 · final

Allegations: THE SEC ALLEGED HITE HEDGE ASSET MANAGEMENT PURCHASED SECURITIES IN A SECONDARY OFFERING WHEN IT SOLD SHORT SHARES OF THE SAME SECURITY WITHIN THE RULE 105 (REGULATION M) RESTRICTED PERIOD.

Sanction: Cease and Desist

How it ended: Decision & Order of Offer of Settlement

Detail: N/A

Summary: IN FEBRUARY 2023, THE SEC AND HITE ENTERED INTO A SETTLEMENT TO RESOLVE A SINGLE VIOLATION OF RULE 105 OF REGULATION M. THE SEC FOUND THAT HITE VIOLATED RULE 105 BY PARTICIPATING IN ONE SECONDARY OFFERING IN 2021 WHILE ALSO SELLING SHORT DURING THE RESTRICTED PERIOD. HITE HAS RESOLVED THIS MATTER WITHOUT ADMITTING OR DENYING THE SEC'S FINDINGS. AS PART OF THIS RESOLUTION, HITE AGREED TO CEASE AND DESIST FROM VIOLATING AND ANY FUTURE VIOLATIONS OF RULE 105. HITE ALSO AGREED TO PAY A ONE-TIME CIVIL MONEY PENALTY OF $103,591. THE FUNDS THAT PARTICIPATED IN THE SECONDARY OFFERING WERE REQUIRED TO DISGORGE $111,629.52 AND TO PAY PREJUDGMENT INTEREST OF $4,937.24; HITE HAS REIMBURSED THE FUNDS FOR THIS DISGORGEMENT AND PREJUDGMENT INTEREST TO ENSURE THAT THERE WOULD BE NO FINANCIAL LOSS FOR INVESTORS AS A RESULT OF THIS SETTLEMENT. HITE HAS ALWAYS TAKEN RULE 105 VERY SERIOUSLY, AND THIS EVENT OCCURRED DESPITE OUR TEAM FOLLOWING THE APPROPRIATE COMPLIANCE PRACTICES BASED IN PART ON INCORRECT INFORMATION FROM THE UNDERWRITER ABOUT THE NATURE OF THE OFFERING. SINCE THIS OCCURRENCE, WE HAVE FURTHER ENHANCED OUR DOCUMENTATION AND PROCEDURES BASED ON THE KNOWLEDGE GAINED FROM THIS EXPERIENCE.

Resolved: Feb 21, 2023

Civil Judicial Action · Feb 17, 2023 · fine $103,591 · final

Allegations: THE SEC ALLEGED HITE PURCHASED SECURITIES IN A SECONDARY OFFERING WHEN IT SOLD SHORT SHARES OF THE SAME SECURITY DURING THE RULE 105 (REGULATION M) PERIOD.

Sanction: Civil Penalty(ies)/Fine(s)

How it ended: Consent

Detail: HITE HEDGE ASSET MANAGEMENT LLC PAID A CIVIL PENALTY IN THE AMOUNT OF $103,591. AS PART OF THIS ACTION, HITE HEDGE LP WAS REQUIRED TO DISGORGE $19,042.63. HITE HEDGE II LP WAS REQUIRED TO DISGORGE $41,744.06. HITE HEDGE OFFSHORE LTD WAS REQUIRED TO DISGORGE $55,780.07

Resolved: Feb 28, 2023

Timeline

  1. Oct 28, 2003Founded HITE Hedge Asset Management LLC is founded2

Filings

23 filings to the SEC since October 2021: 23 other. The latest 20:

  1. Aug 31, 2026N-PX EDGAR
  2. Aug 14, 202613F-HR EDGAR
  3. May 15, 202613F-HR EDGAR
  4. Feb 13, 202613F-HR EDGAR
  5. Nov 13, 202513F-HR EDGAR
  6. Aug 27, 2025N-PX EDGAR
  7. Aug 14, 202513F-HR EDGAR
  8. May 14, 202513F-HR EDGAR
  9. Feb 13, 202513F-HR EDGAR
  10. Nov 14, 202413F-HR EDGAR
  11. Aug 22, 2024N-PX EDGAR
  12. Aug 14, 202413F-HR EDGAR
  13. May 14, 202413F-HR EDGAR
  14. Feb 14, 202413F-HR EDGAR
  15. Nov 14, 202313F-HR EDGAR
  16. Aug 11, 202313F-HR EDGAR
  17. May 15, 202313F-HR EDGAR
  18. Feb 14, 202313F-HR EDGAR
  19. Nov 14, 202213F-HR EDGAR
  20. Aug 15, 202213F-HR EDGAR

The 23 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Stakes it holds

HITE Hedge Asset Management LLC has told the SEC it owns more than 5% of 2 companies, latest first (Schedules 13D and 13G).