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A Hedge Fund and Its Nonprofit Twin

New York Times- Christopher Cooper-Hohn and his wife, Jamie, follow a simple economic formula: he makes money, and she gives it away.

Mr. Cooper-Hohn runs the Children’s Investment Fund, or T.C.I., a successful — and controversial — hedge fund that has become a gadfly to corporate giants like CSX, the American railroad. Ms. Cooper-Hohn leads an affiliated charity, the Children’s Investment Fund Foundation, which uses some of the profits that T.C.I. earns to finance programs for underprivileged children.

The partnership has made the Cooper-Hohns the most generous philanthropists in Britain. Last weekend, their foundation reported a £439 million ($856 million) jump in funds for fiscal 2007, reflecting £324 million in donations from T.C.I. and the Cooper-Hohns.

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