# Railways Pension Scheme

Railways Pension Scheme is a Pension Fund based in London, United Kingdom.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** London, United Kingdom
- **Region:** Europe
- **Address:** 7 Devonshire Square, London, EC2M 4YH
- **Assets under management:** Over £34 billion (Altss estimate)
- **Website:** railwayspensions.co.uk

## Regulatory record

- **Reports private funds:** No

## About

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.

## Sectors

- Real Estate
- Renewable Energy
- Infrastructure
- Venture Capital

## People

- John Chilman — Chief Executive Officer of Railpen
- Mads Gosvig — Chief Officer of Pensions Investment Management at Railpen

## 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.

### 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.

## Related profiles

- [Sampension](https://altss.com/profile/sampension)
- [SCS Financial](https://altss.com/profile/scs-financial)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/railways-pension-scheme

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology