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TCI Is on a Tear

As the activist fund racks up huge gains this year, few investors have given money back under its voluntary redemption offer made earlier this year.

Investors apparently can’t bear to part with Chris Hohn and TCI Fund Management.As Institutional Investor earlier reported, back in late March the London-based activist firm, one of the top-performing hedge fund firms in recent years, offered all investors in its hedge funds the opportunity to redeem up to 5 percent

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