Ontario Teachers’ appoints Pierre Cherki as executive managing director, real estate
Ontario Teachers’ Pension Plan has appointed Pierre Cherki as executive managing director, real estate, effective January 22. This is a new investment leadership position at Ontario Teachers’, which will oversee its in-house real estate asset group to be established as of January 1, 2024. Cherki will be based in Toronto.
Cherki will oversee Ontario Teachers’ global real estate investing and portfolio management activities and a team of almost 40 investment professionals located in Toronto, London, Singapore, Dallas and São Paulo. Ontario Teachers’ real estate portfolio, inclusive of assets under Cadillac Fairview, is valued at $29.3 billion as at June 30, 2023.
Cherki brings more than 25 years of real estate experience to his new role, having spent most of his career at DWS Group, one of the world’s largest managers of alternative investments, with a sizable global real estate portfolio. He was a member of the DWS Executive Board and served in numerous seni