Talk:The Children's Investment Fund Management

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The Children's Investment Master Fund has acquired an additional stake of 3.09% of Vijaya Bank (a mid-size Indian govt. owned Bank). The current stake will now be 6.6% which at current market value comes to USD 36 million (as on 8th April). Govt. owned banks in India are not allowed more than 25% of the capital to be owned by FII (Foreign Institutional Investors).

This fund has further acquired an additional stake of 3.02% of Vijaya Bank (a mid-size Indian govt. owned Bank). The current stake will now be 9.62% which at current market value comes to USD 56.29 million (as on 18th April). Govt. owned banks in India are not allowed more than 25% of the capital to be owned by FII (Foreign Institutional Investors).

Capital commitment[edit]

The text currently says "Like most hedge funds, TCI requires investors to commit their capital for multi-year periods". Surely this isn't the case (as in, most hedge funds don't require this)? 195.72.169.116 (talk) 09:58, 28 April 2009 (UTC)


Yes this is the case, and indeed many hedge funds request a "lock up" of investor's money for considerable periods of time. Why? In short because they can, and it gives them more certainty about AUM. —Preceding unsigned comment added by 129.67.30.75 (talk) 18:51, 21 May 2009 (UTC)

No... this is not the case. While a portion of hedge funds do require lock up periods, using the broad descriptor "most" is an unsubstantiated generalization derived from either partial or misleading information. The phrase "Like most hedge funds, TCI requires investors to commit their capital for multi-year periods" should be amended to something more along the lines of "Like some similar hedge funds, TCI requires investors to commit their capital for multi-year periods" —Preceding unsigned comment added by Justinlexington (talkcontribs) 21:26, 28 May 2009 (UTC)