TCI Fund Management Ltd.

Overview

TCI Fund Management Ltd., established in June 2003 by Sir Christopher Hohn, is a London-based hedge fund specializing in long-term value investments across global markets. The firm manages assets for institutional investors worldwide, including sovereign wealth funds, corporate and public pension plans, foundations, endowments, and leading family offices. TCI employs a value-oriented, fundamental investment approach, focusing on companies with sustainable competitive advantages trading at low valuations. The firm utilizes a private-equity approach, conducting deep fundamental research, engaging constructively with management, and adopting a long-term investment horizon. TCI is also known for its shareholder activism, using its stake to influence board decisions and strategic direction when it identifies inefficiencies or mismanagement. In addition to equities, TCI has a real estate lending business, established in 2014, focusing on first mortgage and senior secured lending on high-quality assets in prime locations, primarily in major cities in North America and Europe. The firm is authorized and regulated in the United Kingdom by the Financial Conduct Authority and has expanded its global presence with offices in New York and Abu Dhabi. As of August 1, 2025, TCI manages approximately $70 billion in assets under management, making it one of the largest hedge funds globally. The firm's investment strategy has consistently delivered impressive returns, with a reported gain of 33% in 2019, outperforming the broader market. TCI's commitment to long-term value investing and shareholder activism has solidified its reputation as a leading hedge fund in the industry.

Investment Focus

• Long-term capital commitment
• Accredited investors only
• Institutional investors preferred
• Active engagement in shareholder activism

Portfolio Companies