navigation search the children s investment fund management uk llp tci is a london based 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 . the management company is authorized and regulated in the united kingdom by the financial services authority . 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 . contents 1 charity 2 investor activism 3 awards 4 references 5 external links 5.1 articles charity edit main article the children s investment fund foundation tci derives its name from a charitable foundation called the children s investment fund foundation ciff set up by chris hohn and his ex wife jamie cooper hohn . in an example of venture philanthropy ciff initially received a portion of tci s profits and other donations . ciff focuses on improving the lives of children living in poverty in developing countries and has grown to be one of the largest charities in the united kingdom . after suffering a 43 % loss during the 2008 calendar year as of july 2009 the previous financial year had seen a rebound of over 70 % profit and revenue for tci . 1 through changes set in motion in 2012 the fund and foundation were split up . the fund no longer donates money to the foundation on a contractual basis though it may do on a discretionary basis . 2 investor activism edit tci has a reputation for aggressive shareholder activism . 3 some critics who believe that it has taken an active role in most situations to promote its own agenda under the guise of sound corporate governance and increase shareholder value . tci has been a major shareholder of the german stock exchange deutsche b rse where it forced the resignation of the ceo after he refused to abandon his plan to take over the london stock exchange . in 2007 after acquiring 1 % of the shares of major dutch bank abn amro tci led an attack demanding the bank split up or sell to the highest bidder to produce shareholder value . 4 abn was ultimately split and sold to royal bank of scotland rbs fortis and banco santander and was a major contributing factor in the downfall of both rbs and fortis . in june 2007 tci failed in its attempt to get the japanese utility j power in which it had acquired a 10 % stake to boost its dividend . the general meeting of shareholders rejected the proposal prompting a severe selloff in the stock . in 2006 as a shareholder of both mittal steel company and arcelor tci supported mittal steel in the company s unsolicited takeover offer for arcelor . however when mittal steel subsequently attempted to acquire arcelor brasil one of arcelor s subsidiaries without an appropriate premium tci defended the rights of arcelor brasil s minority shareholders causing mittal to raise its offer price more than 55 % . citation needed tci initiated legal action against the government of india using provisions in the bilateral trade treaty between united kingdom and india regarding the under pricing of coal by coal india limited in which tci holds 1 % stake . 5 in 2008 the company was suffering from heavy losses but recovered very well and assets under management reportedly stood around 6 billion earlier this year and at the end of 2010 the company recorded a loss of 80 % in profits as a result of reduced investment performance . 6 awards edit the fund won eurohedge s european hedge fund of the year award in 2004 2005 7 2013 8 references edit opalesque 3 july 2009 . tci sees big rebound in 2009 . tci hedge fund in britain ends ties to charitable arm . 18 june 2014 . businessweek a little fund with big demands nrc handelsblad dutch newspaper february 22 2007 bs reporter 29 march 2012 . tci starts legal action against indian govt under uk cyprus treaties . tci sees profits fall 80 % . efinancialnews.com . retrieved 6 september 2012 . children s investment fund profile tci jabre toscafund vr lead eurohedge awards 2013 winners external links edit tci website articles edit this article s use of external links may not follow wikipedia s policies or guidelines . please improve this article by removing excessive or inappropriate external links and converting useful links where appropriate into footnote references . july 2014 learn how and when to remove this template message financial times feared fund turns to business of charity by james mackintosh july 2 2007 management today the new new philanthropists by ian wylie october 1 2007 spectator the real driving force in the battle for abn by matthew lynn may 9 2007 financial news financial news 100 2007 the economist leader of the swarm july 12 2007 the independent financier in record 230m donation to charity by arifa akbar july 3 2007 wainewright will what s in a name the children s investment fund management password access hfm week 28 september 2011 . hedge fund dumps stake in csx new york times dealbook april 28 2009 . v t e hedge funds investment strategy arbitrage relative value capital structure arbitrage convertible arbitrage equity market neutral fixed income arbitrage fixed income relative value investing statistical arbitrage volatility arbitrage event driven activist shareholder distressed securities risk arbitrage special situation directional convergence trade commodity trading advisors managed futures account dedicated short global macro long short equity trend following other fund of hedge funds multi manager trading algorithmic trading day trading high frequency trading prime brokerage program trading proprietary trading related terms markets commodities derivatives equity fixed income foreign exchange money markets structured securities misc arbitrage pricing theory assets under management black scholes model greeks finance delta neutral capital asset pricing model alpha beta security characteristic line fundamental analysis hedge securitization short taxation of private equity and hedge funds technical analysis investors vulture funds family offices financial endowments fund of hedge funds high net worth individual institutional investors insurance companies investment banks merchant banks pension funds sovereign wealth funds regulatory fund governance hedge fund standards board alternative investment management companies hedge funds hedge fund managers retrieved from https en.wikipedia.org w index.php title the children % 27s investment fund management & oldid 638211789 categories hedge fund firms in the united kingdom2003 establishments in the united kingdomcompanies established in 2003companies based in londonhidden categories all articles with specifically marked weasel worded phrasesarticles with specifically marked weasel worded phrases from april 2012all articles with unsourced statementsarticles with unsourced statements from october 2013wikipedia external links cleanup from july 2014wikipedia spam cleanup from july 2014 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschnederlands edit links this page was last modified on 15 december 2014 at 13 51 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view