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ALPHA BALANCED FUND v. IRONGATE PERFORMANCE

A17A0303, A17A0539.

802 S.E.2d 357 (2017)

ALPHA BALANCED FUND, LLLP, v. IRONGATE PERFORMANCE FUND, LLC et al.; and vice versa.

Court of Appeals of Georgia.

June 27, 2017.

Attorney(s) appearing for the Case

David John Hungeling , Craig Herrington Kuglar , Adam S. Rubenfield , Atlanta, for Appellant in A17A0303.

Marlie Anne McDonnell , David Gregory Michell , Bruce G. Hart , Garrett E. Land , for Appellee in A17A0539.

David Gregory Michell , Bruce G. Hart , Garrett E. Land , for Appellant in A17A0539.

David John Hungeling , Craig Herrington Kuglar , Adam S. Rubenfield , Atlanta, for Appellee in A17A0539.

After Alpha Balanced Fund, LLLP (an investor) requested a full withdrawal/redemption of its balance in the hedge fund Irongate Performance Fund, LLC ("the Fund") and waited the requisite time period for its right to its investment balance to purportedly vest, Irongate DPS, LLC ("the Fund Manager"1) suspended...

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