In brief:Fauchier reshuffles/Liberty launches/Optima promotes

Fauchier Partners, the $1.6bn (€1.3bn) fund of hedge funds firm, has reshuffled its senior management and appointment of David Woodhouse as chief financial officer and Simon Troughton and Dan Higgins as directors.

Before joining Fauchier in July 2001, Woodhouse was a senior audit manager in the investment management group of Ernst & Young, the accountancy firm, where he specialised in alternative fund management.

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Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a BillionaireExternal link

Ray Dalio Sells Last Stake in Bridgewater, the Hedge Fund That Made Him a Billionaire