Wednesday, 20 August 2014
Last updated 6 hours ago
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.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note