Caroline Hedges

Head of Public and Private Credit Railpen

Caroline Hedges is responsible for asset allocation and strategy across public and private credit at Railpen, overseeing the allocation of capital to external managers across credit markets.

Prior to joining Railpen, Caroline spent 18 years at Aviva Investors, most recently as Global Head of Credit, spanning public credit asset classes. She began her career managing short-duration and structured credit portfolios.

Day 1 | 20th April

1:15 PM Panel Discussion: Capitalising on Opportunities in Direct lending & High Yield – How can you balance your allocations to optimise returns and achieve resilience in volatile markets?

As credit markets evolve, allocators are weighing when to lean into private direct lending versus public high-yield markets. Each offers distinct advantages: direct lending provides access to illiquidity premia and stable income, while high yield offers greater liquidity and tactical flexibility.

This session will explore how CIOs and portfolio managers tilt allocations between these two strategies, how they evaluate the trade-offs in today’s macro environment, and which factors ultimately guide portfolio construction across the public–private divide.

Check out the incredible speaker line-up to see who will be joining Caroline.

Download The Latest Agenda