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Sharia-Compliant Hedge Fund Launched in USA

Sat, 2010-01-23 17:26 — newsdesk

Palisades Park Capital started a multi-strategy hedge fund in November. Justin Doff and Omar Haroon manage the fund. The fund is a computer-based long-short equity strategy.

Update 12.2.2010: Palisades Park Capital informed IslamicFinance.de that the vehicle has been closed and new subscriptions can no longer be done.

Source: 

http://www.hedgefund.net/publicnews/default.aspx?story=10801