UK hedge fund manager The Children's Investment Fund Management, better known as activist shareholder TCI, lifted its revenue and profit by more than 70% last year in its fourth consecutive year of double-digit increases.

The manager reported an increase in revenue to £574m (€666m) for the year ended 31 August, 2008, according to the latest financial statements of The Children's Investment Fund Management (UK) LLP, just published at Companies House.