We present new H and K bands spectroscopy of 15 high luminosity active
galactic nuclei (AGNs) at redshifts 2.3-3.4 obtained on Gemini South. We
combined the data with spectra of additional 29 high-luminosity sources to
obtain a sample with 10^{45.2}<\lambda L_{\lambda}(5100A)<10^{47.3} ergs/sec
and black hole (BH) mass range, using reverberation mapping relationships based
on the H_beta method, of 10^{8.8}-10^{10.7} M_sun. We do not find a correlation
of L/L_Edd with M_BH but find a correlation with \lambda L_{\lambda}(5100A)
which might be due to selection effects. The L/L_Edd distribution is broad and
covers the range ~0.07-1.6, similar to what is observed in lower redshift,
lower luminosity AGNs. We suggest that this consistently measured and
calibrated sample gives the best representation of L/L_Edd at those redshifts
and note potential discrepancies with recent theoretical and observational
studies. The lower accretion rates are not in accord with growth scenarios for
BHs at such redshifts and the growth times of many of the sources are longer
than the age of the universe at the corresponding epochs. This suggests earlier
episodes of faster growth at z>~3 for those sources. The use of the C IV method
gives considerably different results and a larger scatter; this method seems to
be a poor M_BH and L/L_Edd estimator at very high luminosity.Comment: 8 pages (emulateapj), 4 figures. Accepted for publication in Ap