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TCI revenues up by more than 70%

The Children’s Investment Fund Management, the UK hedge fund manager run by Christopher Hohn, posted its fourth consecutive year of double-digit growth in 2007. Revenue rose more than 70% from £333m to £574m, according to the 2008 accounts filed this week. Performance at the underlying TCI funds in 2008, however, was down 43%, as a number of investments went awry.

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