Form D · Hedge Fund

ITE Rail Fund L.P.

New York, NY · CIK 0001630702

Offering snapshot reported Oct 2, 2026 · SEC filing

Reported sold: $4.73B
Investors reported: 859
Minimum accepted: $0
First sale: Aug 1, 2014

Fundraising history

Reported sold

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

Reported sold$4,341,370,570 → $4,727,370,750
Reported investors854 → 859

Filing history

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Filed	Filing type	Reported sold	Change vs linked filing	Investors	Source
Oct 2, 2026	Amendment	$4,727,370,750	$386,000,180vs Oct 3, 2025	859	SEC filing
Oct 3, 2025	Amendment	$4,341,370,570	$628,150,000vs Jan 3, 2025	854	SEC filing
Jan 3, 2025	Amendment	$3,713,220,570	$273,400,000vs Oct 4, 2024	844	SEC filing
Oct 4, 2024	Amendment	$3,439,820,570	$460,456,571vs Oct 6, 2023	838	SEC filing
Oct 6, 2023	Amendment	$2,979,363,999	$897,591,509vs Oct 7, 2022	775	SEC filing
Oct 7, 2022	Amendment	$2,081,772,490	$717,769,950vs Oct 8, 2021	676	SEC filing
Oct 8, 2021	Amendment	$1,364,002,540	$127,221,695vs Oct 9, 2020	491	SEC filing
Oct 9, 2020	Amendment	$1,236,780,845	$220,454,128vs Oct 9, 2019	434	SEC filing
Oct 9, 2019	Amendment	$1,016,326,717	$641,031,492vs Oct 9, 2018	415	SEC filing
Oct 9, 2018	Amendment	$375,295,225	$0vs Jan 26, 2018	149	SEC filing
Jan 26, 2018	Amendment	$375,295,225	$103,519,573vs Jan 27, 2017	149	SEC filing
Jan 27, 2017	Amendment	$271,775,652	$203,539,179vs Jan 29, 2015	139	SEC filing
Jan 29, 2016	Amendment	$176,447,896	$108,211,423vs Jan 29, 2015	94	SEC filing
Jan 29, 2015	Initial	$68,236,473	No comparison	36	SEC filing

Offering details

Securities: Pooled investment fund
Exemptions: 06b, 3C, 3C.7
Duration over one year: Yes
Business combination: No

Sales commissions: $67.1M
Finders' fees: $0
Form D file number: 021-233132

Sales compensation recipients

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Recipient	CRD	Associated broker-dealer
Gallatin Capital LLC	000124738
Old City Securities, LLC	000171910

Source: Form D, filed Oct 2, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

ITE RAIL FUND L.P.

Investment adviser: ITE MANAGEMENT L.P.

Gross asset value: $5.41B
Beneficial owners: 880
ADV minimum commitment: $1M

Reported in Form ADV on Sep 1, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator SS&C TECHNOLOGIES, INC. NEW YORK, New York, United States Investor statements: Yes (provided to all investors) Related to adviser: No

Auditor ERNST& YOUNG LLP NEW YORK, New York, United States

Custodian BANK OF NEW YORK NEW YORK, New York, United States Related to adviser: No

Custodian CITI PRIVATE BANK NEW YORK, New York, United States Related to adviser: No

Custodian JPMORGAN CHASE BANK, NA NEW YORK, New York, United States Related to adviser: No

Custodian PNC BANK PITTSBURGH, Pennsylvania, United States Related to adviser: No

Marketer GALLATIN CAPITAL LLC NEW YORK, New York, United States Related to adviser: No

Marketer JEFFERIES LLC NEW YORK, New York, United States Related to adviser: No

Marketer OLD CITY SECURITIES LLC CEDARHURST, New York, United States Related to adviser: No

Marketer ORPHEUS PARTNERS LIMITED LONDON, United Kingdom Related to adviser: No

Prime broker CHATHAM FINANCIAL NEW YORK, New York, United States

Prime broker INTERACTIVE BROKERS LLC GREENWICH, Colorado, United States

Provider details

Annual audit: Yes
Prime brokers: Yes
Custodians: Yes
Administrator other than the adviser: Yes
External marketing: Yes

ERNST& YOUNG LLP
PCAOB 42

GALLATIN CAPITAL LLC
CRD 124738 · SEC 8-65718

OLD CITY SECURITIES LLC
CRD 171910 · SEC 8-69488

INTERACTIVE BROKERS LLC
CRD 36418 · SEC 8-47257

Filing source

Form ADV 2117357 · Sep 1, 2026 · Schedule D 7.B.(1), fund 805-9685078566

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
Name	Reported role
Ite Management L.P.	Promoter
Ite Rail Gp L.L.C.	Executive
Jason Koenig	Executive
David Smilow	Executive

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:

200 Park Avenue South 6 Th Floor
New York, NY, 10003