The Children's Investment Fund Management, the UK hedge fund manager behind last year's ousting of Deutsche Börse's chairman and chief executive, last year donated more than £50m (€72m) to charity.

The firm donated £50.4m to The Children's Investment Fund Foundation (UK) for the year ended 31 August 2005, according to its accounts filed this week at Companies House. The charity's largest initial grant was to the William Jefferson Clinton Foundation, to help children affected by the HIV/Aids virus.