Charity benefits from hedge fund profits

The Telegraph – The Children’s Investment (TCI) fund, run by Chris Hohn, made £78.6m in the year to February 2011 and set aside £53m for division among its members.

Sloane Robinson, another London-based hedge fund, had 16 partners take home more than £1m each after the fund paid out £65.3m from its profits. About £43.7m of the total was paid to connected corporate entities.

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