The interchange process with reversals on the complete graph

We consider an extension of the interchange process on the complete graph, in which a fraction of the transpositions are replaced by `reversals'. The model is motivated by statistical physics, where it plays a role in stochastic representations of $XXZ$-models. We prove convergence to PD($\tfrac12$) of the rescaled cycle sizes, above the critical point for the appearance of macroscopic cycles. This extends a result of Schramm on convergence to PD(1) for the usual interchange process.