The Children's Investment Fund Management
Headquarters at 7 Clifford Street | |
| Company type | Private |
|---|---|
| Industry | Hedge fund |
| Founded | 2003 |
| Founder | Chris Hohn |
| Headquarters | , |
| AUM | US$ 63 billion (as of June 5, 2024) |
| Website | www |
The Children's Investment Fund Management (TCI) is a British hedge fund management firm founded by Chris Hohn in 2003 which manages the Children's Investment Master Fund. TCI makes long‐term investments in companies globally.
It is the 2nd largest United Kingdom based hedge fund and the 6th largest in the World. With $63 billion in AUM (assets under management) and has been a consistently growing force in the hedge fund investment industry for the last two decades.
The management company is authorized and regulated in the United Kingdom by the Financial Conduct Authority. Its holding company is TCI Fund Management Limited, based in the Cayman Islands. TCI derives its name from a charitable foundation called the Children's Investment Fund Foundation (CIFF), set up by Sir Chris Hohn and his ex-wife, Jamie Cooper-Hohn, and initially contributed a proportion of profits to the foundation.
In January 2022, TCI was named by the Guardian as the world's top-performing hedge fund. It is known as one of the most aggressive activist investors.
Like most hedge funds, TCI requires investors to commit their capital for multi-year periods. This long-term horizon allows the fund greater flexibility when trading and investing capital independent of any potential ad hoc time constraints.