Fauchier, RIT Vets Launch Asset Manager

Former Fauchier Partners executive Dan Higgins has set up a new boutique alternative investments firm.

Higgins and two veterans of Jacob Rothschild's RIT Partners launched Marylebone Partners this week, Financial News reports. The new firm will resemble RIT, which invests in alternatives, public and private equities.

Higgins, who helped build Fauchier's fund of hedge funds business, serves as CEO. RIT's former investment director Micky Breuer-Weil and former public equities chief David Haysey will lead its investment operations.