From Reuters: Amiri Capital, the Islamic asset manager backed by investment firm Olivant, said on Monday it has teamed up with broker Newedge to launch the first Islamic fund of long/short hedge funds marketed in the Middle East.

The partnership with Newedge — itself a joint venture between Calyon and Societe Generale - allows Amiri to launch the fund, which was put on hold when original partner Lehman Brothers filed for bankruptcy protection in September….. Full Article: Source