The Children's Investment Fund Management

Established in 2003, The Children's Investment Fund Management (TCI) is a London-based hedge fund management firm that manages The Children's Investment Master Fund. TCI focuses on long-term investments in companies globally, seeking those with sustainable competitive advantages. The firm employs a value-oriented, fundamental investment approach, conducting deep research and engaging constructively with management. TCI's investment strategy is opportunistic, involving corporate transformations and special situations, and it adopts a long-term investment horizon. The fund is highly concentrated to maximize alpha. In real estate, TCI's lending business, established in 2014, invests alongside The Children's Investment Fund Foundation (UK) (CIFF). These funds focus on first mortgage and senior secured lending on high-quality assets in prime locations, primarily in major cities in North America and Europe. TCI is authorized and regulated in the United Kingdom by the Financial Conduct Authority.

TCI's portfolio includes investments in various sectors such as technology, healthcare, financial services, consumer goods, energy, telecommunications, media, retail, transportation, industrial goods, real estate, utilities, materials, consumer services, and basic materials. The firm has a global geographical focus, with investments in countries including the United States, United Kingdom, Germany, France, Japan, China, India, Brazil, Canada, Australia, South Korea, Mexico, Italy, Spain, Netherlands, Sweden, Switzerland, South Africa, Russia, and Saudi Arabia. Investment sizes typically range from $50 million to $500 million, depending on the opportunity.

TCI's investment philosophy centers on identifying undervalued companies with strong fundamentals and sustainable competitive advantages. The firm employs a private equity approach, conducting deep fundamental research, constructively engaging with management, and adopting a long-term investment horizon. TCI is known for its activist approach when appropriate, aiming to drive value creation in its portfolio companies. The fund is highly concentrated to maximize alpha, focusing on high-quality companies with sustainable competitive advantages. TCI's real estate lending business, established in 2014, invests alongside The Children's Investment Fund Foundation (UK) (CIFF), focusing on first mortgage and senior secured lending on high-quality assets in prime locations, primarily in major cities in North America and Europe. TCI is authorized and regulated in the United Kingdom by the Financial Conduct Authority.