TCI Fund Management
TCI is a value orientated, fundamental investor which invests globally in strong businesses with sustainable competitive advantages. Using a private equity approach, TCI conducts deep fundamental research, constructively engages with management and adopts a long-term investment horizon. TCI is an opportunistic investor investing from time to time in corporate transformations and special situations. TCI will drive outcomes by using activism when appropriate. The TCI Master Fund is highly concentrated to maximize alpha.
Sir Christopher Hohn is the founder, Managing Partner, and Portfolio Manager of The Children’s Investment Fund Management (TCI), a London‑based, value‑oriented activist hedge fund he launched in 2003. Born in October 1966 in Surrey, UK, he began his career at Apax Partners in 1994 and later joined Perry Capital, where he ran the European fund from London and delivered annualized returns above 20% before leaving to start TCI. Under his leadership, TCI has grown to roughly 50–60 billion dollars in assets and is regarded as one of the world’s most successful hedge funds, compounding at an estimated long‑term rate in the high teens and generating tens of billions of dollars in profits for investors.
Hohn is equally known for philanthropy: he co‑founded the Children’s Investment Fund Foundation (CIFF), which applies a rigorous, data‑driven approach to improving the lives of children in low‑income countries and has committed several billions of dollars to health, education, and climate initiatives. TCI’s fee structure channels a share of management fees to CIFF, and Hohn personally has donated more than 4–5 billion dollars to charitable causes, making him one of the UK’s leading philanthropists. He holds a BSc in accounting and economics from the University of Southampton and an MBA from Harvard Business School, where he graduated as a Baker Scholar, and he was knighted in 2014 for services to philanthropy and international development.
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Companies with fund stakes involved in activist actions such as 13D filing(s) or proxy campaign(s).
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