The Children's Investment Fund (TCI)
The Children's Investment Fund (TCI) is an activist London based hedge fund founded by Chris Hohn in 2003. TCI derives its name from a foundation called The Children's Investment Fund Foundation (CIFF) run by Hohn's wife, Jamie Cooper-Hohn. A portion of TCI's profits go to The Children's Investment Fund Foundation making it one of Great Britain's largest charities.
TCI aims to bring a long-term and owner-oriented investing philosophy to the public markets. The firm only takes capital from investors that will commit for multi-year periods. TCI uses a fundamental approach to identify attractive investments and seeks to maintain a constructive, open dialogue with management teams and boards of the companies in which it invests. However, TCI will take active roles if it feels the board and management are not acting in the best interests of the shareholders.
After management at the publicly traded German stock exchange, the Deutsche Borse, ignored the shareholders requests to vote on the proposed acquisition of the London Stock Exchange (LSE) was ignored, TCI successfully fought for board and management change. Afterwards, Deutsche Borse increased in value by 400%.
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TCI Comments on CEO Search Process and Reiterates Urgent Need for Change on Canadian National Board of Directors
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CN Provides Update on CEO Search Process
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RETRANSMISSION -- CN Issues Letter to Shareholders
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CN Issues Letter to Shareholders
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TCI Comments on Resignation of CN Railway CEO
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TCI Releases Strategic Plan to Put CN Back on Track and Highlights Case for Change at the Company
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TCI Ensures Shareholders Will Have Opportunity to Hold CN Board Accountable and Create Necessary Change at the Company
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CN Announces Special Meeting of Shareholders on March 22, 2022
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CN Responds to TCI’s Misleading Claims
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TCI Funds Raises Serious Concerns About Integrity of Canadian National Board and Its Commitment to Good Corporate Governance
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CN Acknowledges TCI Announcement of Shareholder Meeting Requisition
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TCI Funds Requisition Special Meeting of Canadian National Railway Shareholders; Nominate Four Highly Experienced Directors to Upgrade Current Board with Real Rail Experience
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TCI Fund Management Limited Announces It Has Retained Kingsdale Advisors to Halt Canadian National Railway's Pursuit of Kansas City Southern and Effect Value Creating Change
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TCI Fund Management Limited Announces Submission of Climate Change Shareholder Proposal to Canadian National Railway
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CSX shareholder backs Harrison for CEO as activist swoops in

