Railpen, the investment manager for the £34bn UK railways pensions schemes, has announced the promotion of Julia Diez as head of UK productive assets.
In her new position, Diez will be responsible for directing Railpen’s productive asset portfolio, with a particular emphasis on UK innovation focused investments.
She will also coordinate efforts across real estate, infrastructure and other private market assets.
Railpen has been a decades-long investor within the UK – with a multi asset approach spanning infrastructure, property, and public and private equity – with over a third of assets under management invested domestically.
Diez said: “Railpen’s mission to deliver secure, affordable and sustainable futures for members of the railways pension schemes reaches beyond providing financial security in retirement, but considers the world they’ll retire into. An important part of that is a strong, stable economy in the UK.”
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