Amin Joins Fellow TCI Founder’s New Hedge Fund

May 4 2010 | 4:19am ET

The Children’s Investment Fund is down to just one founding partner. Theleme Partners can now boast two.

Snehal Amin, who left TCI last March, has joined Theleme, the new firm established by fellow TCI founding partner Patrick Degorce last year, Financial News reports. Degorce retired from the London-based activist hedge fund, headed by Christopher Hohn, two months before Amin.

Going back to work with Degorce represents a change of plans for Amin, who had planned to set up his own hedge fund. Amin, who is American, managed U.S. investments for TCI.

He is certainly not alone among TCI veterans at the new hedge fund, which soft-launched in November on Lansdowne Partners’ platform. At least four other partners of the firm worked at TCI, including Rishi Sunak, who will be based in California with Amin.

Timothy Keough, Robb LeMasters and John Sheridan, TCI alumni all, are based in London.

Theleme officially launched its eponymous equity long/short fund in January—after Degorce’s non-compete agreement expired—with US$200 million in assets.


In Depth

Malik: The Science of Deal Sourcing 201

Aug 27 2015 | 5:35pm ET

Deal sourcing is understandably a hot topic among private equity firms because it...

Lifestyle

Rolling Art Advisors Marketing Collectible Car Fund As Uncorrelated Alternative

Aug 27 2015 | 6:47pm ET

A new fund is trying to provide investors with greater access to an emerging asset...

Guest Contributor

Agecroft Partners: Hedge Fund Industry Assets to increase $250B by Summer 2016

Aug 11 2015 | 11:29am ET

Assets will continue to flow into the hedge fund industry despite long-standing...

 

Editor's Note