FIH, LLC v. Foundation Capital Partners, LLC.
Court of Appeals for the Second Circuit
1Opinion of the Court
Gerard E. Lynch, Circuit Judge:
FIH, LLC ("FIH") appeals from a grant of summary judgment against it, entered by the United States District Court for the District of Connecticut (Arterton, J. ), in its action against Foundation Capital Partners, LLC ("Foundation"), the general partner in a private equity fund set up to invest in minority interests in general partnerships of large hedge funds, and its member-partners (collectively, "defendants"). FIH alleged that it had purchased a membership interest in Foundation on the basis of misrepresentations by defendants, and asserted claims against…
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