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By Opalesque Geneva: Sir Christopher Hohn, head of hedge fund TCI, has directed his charitable foundation CIFF to stop giving grants to U.S.-based non-governmental organisations following a damning report by the Americans for Public Trust, a watchdog.
"Unfortunately, we are no longer confident in our understanding of the US policy environment for foreign funders of US NGOs, including for international work, which is our focus," the foundation announced last week. "Consequently, CIFF's Board have decided that… CIFF should redirect its funding to, and restructure its contracts to be with, non-US NGOs."
TCI and CIFF
Chris Hohn is the managing partner and portfolio manager of the London-based hedge fund, The Children's Investment Fund (TCI), which he founded in 2003. He was knighted in 2014 for services to philanthropy, and was reported to have a personal fortune of $9bn in 2025.
TCI manages $60-$70bn in AuM and has a reputation for aggressive shareholder activism. Its current top holdings are in GE Aerospace, Microsoft, Visa, Moody's, and S&P Global.
TCI derives its name from the Children's Investment Fund Foundation ...................... To view our full article Click here
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