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Drax Group
Drax Group established its pension fund in 2015. The fund provides retirement benefits to participants employed by the parent energy company.
Drax Group
Drax Group established its pension fund in 2015. The fund provides retirement benefits to participants employed by the parent energy company. The pension fund allocates across equities, private credit, and real estate. It maintains a Cardano return-seeking mandate and a Permira direct lending mandate. Geographic exposure centers on the United Kingdom with additional holdings through global credit strategies. The fund reports approximately 280 million USD in assets. It engages Isio Group as investment advisor and Railpen as pension administrator. In February 2026 the parent company discussed carbon removal technology during its Q4 2025 earnings call. Drax Group maintains full ownership of operating subsidiaries including Elimini and Drax Biomass Inc. These holdings sit alongside the pension fund within the broader corporate structure.
General information
Firm type
Corporate Investor
Year founded
2015
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
Selby
Corporate office
Drax Power Station, Selby, North Yorkshire, United Kingdom, YO8 8PH
Principals
Will Gardiner
Group Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment decisions at Drax Group?
Will Gardiner serves as Group Chief Executive Officer. Investment advice for the pension fund is provided by Isio Group Limited.
Does Drax Group participate in fund commitments or only direct deals?
The pension fund uses external mandates including a return-seeking mandate with Cardano and a direct lending mandate with Permira.
Where does the underlying wealth come from?
The pension fund receives contributions from Drax Group PLC, a listed UK energy company that owns power generation assets.
What asset classes does the pension fund hold?
Holdings include a liability-driven investment portfolio, long-lease property, and private credit exposure.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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