{"id":7979,"date":"2008-06-26T00:00:00","date_gmt":"2008-06-26T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"a-hedge-fund-and-its-nonprofit-twin","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/06\/2008\/a-hedge-fund-and-its-nonprofit-twin.html","title":{"rendered":"A Hedge Fund and Its Nonprofit Twin"},"content":{"rendered":"<p>New York Times- Christopher Cooper-Hohn and his wife, Jamie, follow a simple economic formula: he makes money, and she gives it away.<\/p>\n<p>Mr. Cooper-Hohn runs the Children&rsquo;s Investment Fund, or T.C.I., a successful &mdash; and controversial &mdash; hedge fund that has become a gadfly to corporate giants like <a title=\"More information about CSX Corporation.\" href=\"http:\/\/topics.nytimes.com\/top\/news\/business\/companies\/csx_corporation\/index.html?inline=nyt-org\">CSX<\/a>, the American railroad. Ms. Cooper-Hohn leads an affiliated charity, the Children&rsquo;s Investment Fund Foundation, which uses some of the profits that T.C.I. earns to finance programs for underprivileged children. <\/p>\n<p>The partnership has made the Cooper-Hohns the most generous philanthropists in Britain. Last weekend, their foundation reported a &pound;439 million ($856 million) jump in funds for fiscal 2007, reflecting &pound;324 million in donations from T.C.I. and the Cooper-Hohns.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.nytimes.com\/2008\/06\/26\/business\/worldbusiness\/26hohn.html%3Fref%3Dbusiness\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&rsquo;s Investment Fund, or T.C.I., a successful &mdash; and controversial &mdash; hedge fund that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[769,68,359,1104,1106,1105,47,172,240],"class_list":["post-7979","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-ashe","tag-cnet","tag-investment-returns","tag-loomis","tag-order-management","tag-president-of-the-united-states","tag-third-party","tag-ty","tag-us-congress"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7979","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7979"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7979\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7979"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7979"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7979"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}