Railpen

Railpen manages over £34bn in assets on behalf of more than 350,000 members of the railways pension schemes – and from our beginnings in 1965, we’ve innovated and evolved to secure their financial future. This sees Railpen investing globally in companies that generate long-term growth and in infrastructure - such as renewable energy, data storage and social infrastructure - as well as real assets.

Our investments are selected, structured and sized for long-term impact. We focus on high-quality assets that our talented teams understand deeply. We observe how these assets behave in different conditions and develop bespoke strategies to enhance investment resilience so we can deliver the returns our members need. This approach means that for every £1 paid out in pension benefits, around 75p comes from investment growth.

Our long-term approach sees us investing in real assets, focusing on the sectors that we believe will deliver strong returns for members and drive growth for the UK and local economy. Our high-quality, scalable spaces inspire creativity, all within sustainable and resilient environments where people and business can thrive.  One such example is Cambridge, a key component of the UK’s Golden Triangle, a high growth area driven by innovation, tech and life sciences.

Railpen has been an active investor in Cambridge for almost ten years and is developing an ‘innovation cluster’ comprising 11 assets totalling 1.9m sq ft of high-quality space in the city.  The cluster is strategically located, and the individual developments address current and emerging occupier requirements.  The cluster will include the most sustainable and amenity-led workspaces in Cambridge, innovation facilities, build-to-rent homes, and community spaces.  By investing and developing at scale in this way, we can maximise our positive impact, both on the city itself and in the occupier market.