TCI Fund Management
TCI Fund Management is a leading investment firm headquartered in London and a prominent player in the hedge fund industry with over $63 billion in assets. Founded in 2003 by Sir Chris Hohn, TCI manages assets for institutional investors around the world including sovereign wealth funds, corporate and public pension plans, foundations, endowments and for some of the world's leading family offices. TCI is a value-oriented, fundamental investor which invests globally in strong businesses with sustainable competitive advantages. The firm focuses on companies with sustainable competitive advantages trading at low valuations, using a private-equity approach with deep research, active management engagement, and activism when necessary.
ABOUT TCI
TCI Fund Management, a.k.a. The Children’s Investment Fund Management, is known as one of the most aggressive activist investors.
TCI is the second largest United Kingdom-based hedge fund and the sixth largest in the world.
It 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.
Value-Oriented Investing.
TCI focuses on companies with sustainable competitive advantages trading at low valuations, using a private-equity approach with deep research, active management engagement, and activism when necessary.
Long-Term, High Conviction.
The fund typically holds concentrated positions for ~8 years, allocating 10–25% per position—prioritizing moats over mere growth.
Shareholder Activism & Corporate Governance.
TCI has a strong reputation for activist investing, using its stake to influence board decisions and strategic direction when it sees inefficiencies or mismanagement.
Global Equities & Special Situations.
The fund invests worldwide with opportunistic stakes and activism to improve governance or strategy.
Active since 2014, TCI goes beyond equities into mortgage and senior-secured lending in prime urban locations in North America and Europe, working alongside its philanthropic arm.
ESG Advocacy and Climate Focus.
Under founder Sir Chris Hohn, TCI has become a prominent voice on climate responsibility, pressing companies to disclose carbon emissions and link executive pay to emissions targets.