People


People Team


PEOPLE

FIDUCIARY

CIS


Jon Mills

Head of Client Investment Services (CIS)


The CIS team are responsible for delivering a high quality and responsive investment service to clients. They support the Trustee and Pensions Committees in the formation of client investment strategy and provide regular reporting on investment matters to employers and Pensions Committees.

Jon joined in 2004 as Performance & Risk Manager. He has worked in Client Investment Services since 2009 and led the team since 2013. Before joining, Jon led the performance analysis function at several large fund management organisations including Legal & General Investment Management (LGIM).

Investment Strategy


John Greaves

Head of Investment Strategy


John is responsible for scheme strategy, bringing together stakeholders to translate client investment needs into actionable strategy through our client asset allocation framework and the design and specification of our pooled fund range. The team also works closely with our Public Markets, Private Markets and Property teams, helping to evaluate potential new investment ideas, researching asset class strategy and providing ongoing support for macroeconomic and market research.

Before joining in 2012, John previously held a number of roles in private wealth management across equity research, fund research and strategy. He is a CFA charterholder and holds the Chartered Institute for Securities & Investment Diploma and a Master’s Degree in Aeronautical Engineering.

Risk & Performance


Stuart Slater

Head of Risk & Performance


Stuart is responsible for investment risk and performance analysis, reporting and the oversight of the Railpen’s investment activity.

Stuart joined in September 2015. He has extensive experience of implementing and running investment risk management solutions for asset managers. He has worked in risk and investment roles at BNY Mellon, Morley Fund Management and NatWest Investment Management, and has extensive experience of hedge fund investing and quantitative equity investing. Stuart holds a Masters in Finance.

Sustainable Ownership


Leo George

Head of Sustainable Ownership


Leo is responsible for Railpen’s approach to incorporating sustainability considerations into the investments we manage on behalf of our beneficiaries. This includes oversight of ESG integration in portfolios, active ownership activities and longer-term risks and opportunities.

Before joining, he worked as a Senior Investment Consultant advising institutional pension funds. His previous experience includes asset-liability management, investment strategy and asset allocation, investment manager research, transitions and risk management.

Leo is a Fellow of the Institute and Faculty of Actuaries and holds a first class degree in Mathematics.

Jocelyn Brown

Senior Investment Manager


Jocelyn is a Senior Investment Manager in the Sustainable Ownership team who leads our active ownership work globally.

Jocelyn joined RPMI Railpen (Railpen) in September 2017. Before joining, she was an Executive Director at Institutional Shareholder Services, and a policy advisor at the Financial Reporting Council. She is a member of Class 13 of the Society of Kauffman Fellows, and served her fellowship at Finance Wales.

Jocelyn has a MA (Hons) in History from the University of Cambridge and an MBA with Distinction from Imperial College London. She completed executive education in equity portfolio management at London Business School and holds the Investment Management Certificate (IMC.)

Investment Office

Richard Williams

Chief Investment Officer


Richard is responsible for overseeing the investment management of our pooled funds as well as developing our asset management capabilities across the public, private and property markets.

Richard joined in 2014. He has spent much of his career in senior investment and leadership positions in the commercial asset management industry. In previous roles he managed global fixed income portfolios on behalf of Railpen.

Richard has been awarded degrees in Mathematics from Oxford University and Business Administration from CASS Business School. He is a Fellow of the Institute and Faculty of Actuaries.

Private Markets


Paul Bishop

Head of Private Markets


Paul’s responsibilities include management and oversight of all private market and alternative investments and he takes an active role in sourcing, negotiating and executing investments. He was previously responsible for leading the investment management team in researching, selecting and monitoring the Scheme’s investments across multiple asset classes.

Before joining, Paul was Chief Investment Officer of a UK life assurance and asset management company responsible for the management of portfolios across public and private markets. Paul also has experience as a Senior Investment Consultant. He is a CFA Charterholder and a Chartered Alternative Investment Analyst.

Andrea Ash

Investment Director


Andrea is responsible for originating, structuring and executing private market investments made within RPMI Railpen’s portfolios. 

Andrea joined in 2018 from Tesco Pension Investments where she was an Alternatives Fund Manager, responsible for investments into alternative credit, private equity and hedge funds.  Andrea has allocated to alternative funds since 2006 and has worked in financial services for over 15 years.

Andrea is a CFA Charterholder and has a BA (Hons) in Economics with French.

Richard Moon

Investment Director


Richard is responsible for originating, structuring and executing private market investments made within RPMI Railpen’s portfolios. Richard joined in 2007 and was previously responsible for managing the existing private equity, commodity and infrastructure portfolios.

Before joining Richard worked at a strategy consultancy providing services to firms within the private equity industry.

Richard has a MA (distinction) in Finance and Investment and a BA in Economics.

Ted Jennings

Senior Investment Manager


Ted has responsibility for managing the Long-term Income Fund.

Before joining in 2018 Ted was a portfolio manager at Aviva Investors, managing client portfolios including real estate finance, infrastructure, structured finance and corporate debt. Ted also worked for Friends Life as a portfolio manager managing mutli-asset portfolios and directly executing trades in private assets. He has 17 years’ investment experience.

Ted read Economics at the University of West Indies and holds a Master’s in Financial Analysis and Fund Management from Exeter University. He is also a CFA charterholder.

Property


Anna Rule

Head of Property


Anna is Head of Property at Railpen and is responsible for implementing the long-term property strategy and managing Railpen’s property portfolio. Anna developed Railpen’s in-house property investment capabilities enabling the internalisation of the property portfolio during 2017. She is also responsible for overseeing property relationships with external parties.  

She joined Railpen in January 2017 and has over 20 years’ investment experience. Before joining Anna held a position as a senior director and fund manager at Aviva Investors where she was responsible for a range of direct and indirect real estate portfolios.

Anna has a first class BSc degree in Land Management, holds the Investment Management Certificate (IMC) and is a FCA approved person.

Matthew Howard

Head of Property Asset Management


Matthew is Head of Property Asset Management at Railpen and is responsible for the development and execution of the portfolio’s asset management and enhancement strategy.

Matthew joined Railpen in March 2017 and has over 20 years’ of asset management experience. Before joining, Matthew held the position of Head of Asset Management at Market Tech Holdings and was responsible for the strategic asset management of retail, leisure, office and residential assets totalling £1bn. Matthew has also held the positions of head of Retail Asset Management at CBRE and Assistant Fund Manager at UBS.

Matthew has a first class BSc Hons degree in Estate Management and holds the Investment Management Certificate (IMC).

Richard van Lente

Senior Asset and Development Manager


Alastair Dawson

Senior Property Asset Manager


Public Markets


Craig Heron

Head of Public Markets


Craig is Head of Public Markets and the fund manager for the Growth Fund, Railpen’s liquid return seeking portfolio.

Before joining in 2011, Craig held a position as a multi-asset manager, responsible for a range of portfolios and regional funds at Henderson Global Investors and New Star Asset Management. He has 22 years’ investment experience.

Craig has a Bachelor’s degree in Actuarial Mathematics and Statistics, holds the Investment Management Certificate (IMC) and is a CFA charterholder.

Rachit Sharma

Senior Investment Manager


Rachit manages a number of pooled funds, government bond portfolios, and overlays in addition to leading work on macro strategy that informs management of the Growth Fund. Rachit also manages portfolio implementation and capital markets activities including relationships with counterparties and overseeing the outsourced dealing desk.

Before joining Railpen in 2010 Rachit worked in private wealth management advising ultra-high net worth individuals and as a Risk Analyst at an investment bank.

Rachit holds a Bachelor’s degree in Production Engineering from the University of Mumbai and an M.S. in Financial Engineering from Columbia University, New York. He also holds the Investment Management Certificate.

Matthias Eifert

Investment Manager,
Fundamental Equities


Steve Artingstall

Senior Investment Manager, Alternative Risk Premia


OPERATIONS

Paul Nathan

Chief Operating Officer


Paul runs Railpen’s operating platform, ensuring scalable, robust and cost efficient support to the investment teams. He is responsible for the Technology, Middle Office, Business Change, Legal and Finance functions.

Paul joined in 2016. He has held COO roles at the Church Commissioners, Oxford University’s Saïd Business School, and Old Mutual Global Investors. He began his career as a solicitor specialising in intellectual property.

Paul holds a degree in Physics from Oxford and an MBA from INSEAD.

Change


Conor McKenna

Head of Change


Conor is responsible for facilitating business change at Railpen covering both Operational and Product changes. This includes defining the business’s needs and effectively delivering the required changes while ensuring these changes are managed in line with good governance.

Before joining Conor worked at Aberdeen Asset Management and was previously a Management Consultant, working at both KPMG and PWC Consulting.

Compliance & Risk


Steve Mitchell

Head of Compliance & Risk


Steve is responsible for the compliance and enterprise risk team within our investment business. The team provides assurance to the senior management and relevant boards on the effective control of regulatory and enterprise risk through a process of routine monitoring across the business. The team also provide advisory support and guidance which would include regulatory and business change.

Before joining in 2017, Steve held a number of senior compliance and risk roles at financial services organisations including BNP Paribas, NatWest Bank and Lombard Odier. Steve holds a number of industry qualifications including a Master’s degree in Financial Services Regulation.

Legal


Diane Franklin

Head of Legal


Diane is responsible for all legal services provided across the business, including drafting and negotiating Investment Management Agreements and Third Party Administration Agreements.

Diane qualified as a corporate lawyer in 2001 and her specialism is in the financial services field, having advised on private equity funds and collective investment schemes. She joined as a secondee from a city law firm in 2005 and on a permanent basis in 2006. While in private practice Diane obtained particular experience in mergers and acquisitions, advising both investment banks and city corporates. She was also involved in Initial Public Offerings of company shares both on the London and New York stock exchanges.

Middle Office


Janine Clements

Head of Middle Office Operations


Janine is responsible for the Middle Office Operations team whose primary function is to facilitate the various trading activity that the Investment Office wish to undertake whether directly traded or through the use of external managers, collective investment vehicles or private market opportunities. Middle Office Operations provide operational support across all asset classes for both direct and non-direct trading within the Pooled Funds. Janine has primary responsibility for overseeing the outsourced Middle Office Operations provider, and the Clearing Broker, as well as assisting with the oversight of the outsourced dealing desk. Janine is also responsible for managing the relationship with the global custodian. 

Janine joined in 2013 and has over 20 years’ experience in the investment management industry. Before joining, she was Deputy Head of Operations at one of London’s oldest established hedge funds – Sloane Robinson LLP. Janine holds a BSc. in Insurance & Investment from City University.

Technology


Alistair Colwell

Chief Technology Officer


Alistair is responsible for both Technology & Data Management at Railpen. This includes the build out of a strategic agile investment platform and data management capability in support of delivering a world leading investments technology architecture. 

Before joining Railpen, he spent a year as the interim Head of Technology at Friends Life Investments and was actively involved in the smooth transition of technology and data as Friends Life were acquired by Aviva Investors. However, the majority of Alistair’s career was spent at HSBC Asset Management where he was the Global Head of Technology for Halbis Capital Management, the institutional ‘alpha’ business within HSBC and lead various other functions including Head of Front Office, Risk & Performance Technology focusing on the implementation of many familiar strategic vendor technology platforms.

Trustee Accounting


Vicky Bell

Director, Trustee Accounting


Victoria is responsible for scheme and investment accounting policy, investment tax, budgets and costs of the scheme’s pooled investment vehicles, daily pricing and trading of units in the scheme’s pooled investment vehicles. She also represents the business on the Pensions Research Accountants Group. Victoria joined the organisation in 1997 and has previously worked in a number of senior finance roles.

Victoria is a member of the Institute of Chartered Accountants in England and Wales, with which she qualified in the mid-1990s while working at one of the big four accountancy firms. She holds a BA Hons. (Cantab.) in Mathematics.

Sarah Kemp

Financial Accountant: Trustee


Sarah is responsible for managing both the Investment and Scheme accounting teams, ensuring all accounting data is accurate, timely and complete. Other responsibilities include the management of our outsourced Fund Accounting provider and preparation of the statutory RPS annual report and accounts.

Sarah joined in September 2011. She is a member of the Institute of Charted Accountants in England and Wales and holds a first class degree in Business Finance from Durham University.

PEOPLE TEAM

People Team


Jan Baker

People Team, Business Partner


Jan is Railpen’s People Team lead and her responsibilities include recruitment, talent management and people development for the business.

Jan joined Railpen in June 2016 and has over fifteen years’ experience working as both an HR generalist and recruitment specialist within the UK finance industry. She has experience in the design and delivery of creative HR solutions in response to the need for innovation and return on investment in the Financial Services Sector.