Tag Archives: tci
John Ho to step down as Asia chief at The Children’s Investment Fund
Times Online – John Ho, the head of The Children’s Investment Fund’s (TCI) operations in Asia, is poised to resign over what sources describe as a “clash of minds” with Chris Hohn, its notoriously abrasive founder. The same sources said […]
TCI Has $1.2 Billion of Japan Short Positions, Sells Toshiba
Bloomberg – The Children’s Investment Fund Management UK LLP, a $9.5 billion London-based hedge fund, has about $1.2 billion of short positions in Japanese stocks including Toshiba Corp., according to exchange filings. The fund, better known as TCI, has shorted […]
CSX says $11M shareholder settlement approved
Forbes – CSX Corp. said a New York Federal Court has approved a settlement in which the railroad operator will be paid $11 million by two activist shareholder hedge funds over alleged securities law violations. CSX said late Friday it […]
J-Power Seeks Long-Term Investors to Replace Hedge Fund TCI
Bloomberg – The head of J-Power, Japan’s largest electricity wholesaler, wants to attract long-term investors to replace its biggest stakeholder, hedge fund TCI, which exited after seeking his ouster in a feud over corporate management. “Investors such as pension funds, […]
Has the moment for greater UK hedge fund regulation passed?
Reuters – Tuesday’s grilling of UK hedge fund executives is likely to create plenty of noise but produce little in the way of new rules. While media-shy TCI founder Chris Hohn and others will face tough questions from the Treasury Select Committee […]
TCI founder, partner Degorce leaves hedge firm
Forbes – Patrick Degorce, a founder and partner at high-profile activist hedge fund firm The Children’s Investment Fund (TCI), has left the company, a spokeswoman told Reuters on Friday. Degorce was in the public eye in early 2007 when he […]