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TCI’s Asia director resigns

The Children’s Investment Fund, the activist hedge fund, has suffered another setback with the resignation of John Ho, its Asia director. Chris Hohn, TCI founding partner, told investors in a letter this week, that Ho, 32, would leave the fund for personal reasons. Ho’s departure comes at a difficult time for TCI, which suffered a decline of more than 40% in the value of its global investments in 2008 and has lost three senior members already this year.

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