The Ontario Teachers’ Pension Plan is appointing Pierre Cherki as executive managing director if its new in-house real estate asset group, effective Jan. 22, 2024.

In the new role, he’ll oversee global real estate investing and portfolio management activities. Since 2022, Cherki has been a member of the board of directors for Cadillac Fairview, the Ontario Teachers’ real estate arm.

Read: Salvatore Iacono to succeed John Sullivan as Cadillac Fairview president, CEO

Prior to joining the investment organization, Cherki spent 25 years at DWS Group in numerous senior management positions, including global head of alternatives, global head of real estate and head of real estate for Europe and Asia-Pacific.

“I’m pleased to welcome [Cherki] to Ontario Teachers’ into this role,” said Jo Taylor, the pension fund’s president and chief executive officer, in a press release. “For many years, real estate has been an important component of our asset mix. Under Pierre’s leadership, we plan to explore ways of effectively diversifying our portfolio by sector and stage internationally.”

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