TCI Hedge Fund in Britain Ends Ties to Charitable Arm

NYT – When Christopher Hohn, the founder of one of Britain’s largest and most successful hedge funds, chose to structure his fund to automatically donate a portion of its fees to charity — specifically his wife’s charity — people took notice.

“The marriage of business and philanthropy that is at the heart of the Children’s Investment Fund and the Children’s Investment Fund Foundation provides a great tool to effect serious change in the developing world,” former President Bill Clinton said when speaking to the fund’s investors in 2006.

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