Pension Fund

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Railways Pension Scheme

Railpen manages the Railways Pension Scheme. The scheme serves over 360000 members across more than 150 rail companies and ranks as one of the UK's largest...

Railways Pension Scheme logo

Railways Pension Scheme

Railpen manages the Railways Pension Scheme. The scheme serves over 360000 members across more than 150 rail companies and ranks as one of the UK's largest pension funds. Railpen oversees assets above 34 billion pounds for defined benefit defined contribution and hybrid schemes.

General information

Firm type

Pension Fund

Location

Region

Europe

Country

United Kingdom

City

London

Corporate office

7 Devonshire Square, London, EC2M 4YH

Principals

John Chilman

Chief Executive Officer of Railpen

Mads Gosvig

Chief Officer of Pensions Investment Management at Railpen

Sector focus

Real EstateRenewable EnergyInfrastructureVenture Capital

Frequently asked questions

Who runs investment decisions at Railways Pension Scheme?

John Chilman serves as chief executive of Railpen. Mads Gosvig acts as chief officer of pensions investment management. Railpen staff execute day-to-day portfolio decisions.

Does Railways Pension Scheme participate in fund commitments or only direct deals?

Railpen executes both direct investments and limited partner commitments. Holdings include direct real estate and renewable assets alongside stakes in venture and growth funds.

What investment stages does Railways Pension Scheme typically target?

The scheme targets operating assets and later-stage private companies. It also holds public equities such as Microsoft, Alphabet, and Nvidia through its 13F portfolio.

Which sectors does Railways Pension Scheme explicitly avoid?

No explicit avoidance list appears in public materials. The portfolio shows concentration in UK real estate, renewables, and infrastructure.

How is Railways Pension Scheme related to Railpen?

Railpen serves as the investment management and administration arm of the Railways Pension Scheme. All disclosed investment activity flows through Railpen entities.

Where does the underlying wealth come from?

Contributions originate from more than 150 rail operating companies and their employees. The scheme functions as an industry-wide defined benefit and defined contribution arrangement.

Does Railways Pension Scheme maintain philanthropic structures?

Railpen supports the Railway Benefit Fund and Railway Children charity. These vehicles operate separately from the investment portfolio.

Profile maintained by 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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