Activist hedge fund TCI shuts shop in Asia

HONG KONG, Nov 3 (Reuters) - Activist investor, The Children's Investment fund (TCI), which famously launched an attack on ABN AMRO in 2007 that helped trigger the Dutch bank's sale, has closed down in Asia following the departure of its regional head earlier this year, according to a source familiar with the matter.

The fund had approached other global hedge funds with a regional presence to takeover its Asian portfolios, said another source close to the issue, and managed to sell-off most of its regional investments.