U.K. Railworkers Pension Fund on Track for Private Debt Push
- RMPI Railpen aims for 40% exposure within private investments
- Fund targets distressed debt for "return kicker on the way up"
A worker crosses the tracks at Clapham Junction in London.
Photographer: Luke MacGregor/BloombergThis article is for subscribers only.
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One of the U.K.’s largest pension funds, which oversees the retirement assets of 350,000 British railworkers, is betting on private credit to help preserve returns during the next downturn.