Launches & Closures Hedge Funds

EQA Partners launches shari'a product


EQA Partners, a hitherto low-profile Stamford, Conn.-based hedge fund group, is among the latest to launch a shari'a-compliant version fund aimed at meeting the requirements of Middle East investors.

Andrew Alper

The firm, which runs model-assisted currency and global macro strategies, was launched very quietly in March 2007 and is so far running relatively modest assets of about $85 million. However, it combines the talents of three very well-known figures from Wall Street - Andrew Alper, Richard Breslow and Bluford Putnam - and seems sure to attract wider attention given its consistently solid performance to date.