Industry Newshedge fundsasset managementactivist investinggeopolitical risk
TCI Generates Record $18.9B Investor Profits
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5.9
TCI Fund Management, led by Chris Hohn, delivered $18.9 billion in profits for investors in 2025, marking the largest single-year hedge fund gain. The firm returned approximately 27% after fees on roughly $77 billion in assets, driven by concentrated aerospace and defense positions amid rising geopolitical tensions. Those results helped the top 20 hedge fund managers generate about $115 billion in 2025.
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