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.

Christopher Hohn (Andreas Scholz/Bloomberg)

Christopher Hohn

(Andreas Scholz/Bloomberg)

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 of their investment to help balance their overall portfolios.

Citing

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