With $63 billion in AUM (assets under management) and has been a consistently growing force in the hedge fund investment industry for the last two decades.
Its holding company is TCI Fund Management Limited, based in the Cayman Islands.
[2] 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.
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.
Chris Hohn, the founder of TCI vowed to abandon shareholder activism as an investing strategy.
In 2008 the company was suffering from heavy losses but recovered very well and assets under management reportedly stood around $6 billion.
[12] In November 2022, Chris Hohn on behalf of TCI wrote an open letter to Sundar Pichai, CEO of Alphabet and Google.