Funds of hedge funds manager Fauchier Partners has appointed of Patrick Fauchier as Chairman of the Group and Christopher Fawcett as Chief Executive.
Joseph Kanoui, the retiring Chairman, has agreed to become special Advisor to the new Chairman. The board has also announced the appointment of Laurent Dassault as a non Executive Director.
'The merger of BNP Paribas Fauchier Partners and Fauchier Partners being successfully completed, I felt it was now the right time for Patrick Fauchier to become Chairman,' says Kanoui. 'As Advisor, I will continue to follow closely the growth and success of the company.'
Background notes: Fauchier Partners, founded in 1994, is a specialist London-based firm, which manages a wide variety of funds of hedge funds and also advises a number of listed open-ended and closed-end 'funds of hedge funds'. Currently it has the equivalent of over USD 4 billion under management. Fauchier Partners' clients include Pension Funds, Banks, Charities, Insurance Companies, Academic Institutions, Fund Management Groups and Family Offices
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