The Children's Investment Fund Foundation UK is a large charitable organization in the United Kingdom. It was founded in 2002 by hedge fund manager Chris Hohn and his wife Jamie Cooper-Hohn. It is a registered charity in England & Wales and in 2006–7 had a gross income of £324 million, making it one of the 30 largest charities in the UK.
It receives its funding as an annual donation representing 1/2 of 1% of assets from TCI FM (The Children's Investment Fund Management) which manages the London‐based hedge fund The Children's Investment Fund founded by Chris Hohn in 2003. His wife manages the charitable organization.
As the manager of one of Britain's largest activist hedge funds, Chris Cooper-Hahn has earned the label "ruthless." The children of India and Sub-Saharan Africa sure wouldn't know it. Chris sends a good chunk of the fund's profits and fees to a foundation run by his wife Jamie, swelling it to $2.5 billion in assets. The foundation then uses leverage of another kind, aiming, for instance, to save kids by saving their mothers. Helpful Friends: Foundation piggybacks on work of Bill Clinton, Elton John and others.
Best Advice: "You have to be able to define what success looks like," Jamie says.
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