Daniel Fournier, former head of rival Ivanhoe Cambridge, has been tapped as the executive chair of the fund’s real estate arm
Ontario Municipal Employees Retirement Systemhas hired Daniel Fournier as the new leader of its real estate arm, Oxford Properties Group, drawing the former head of a rival out of retirement to replace its outgoing president.
He will succeed Michael Turner, who will step down after five years as president of Oxford Properties, but will continue to be involved in Oxford Properties’ U.S. strategies, according to a news release. Mr. Fournier, who is in his late 60s, is returning to the helm of a major global real estate investor after more than three years spent serving on boards of directors and advisory boards at Quebec-based companies, including private equity firm Claridge Inc., fashion retailer Simons and BTB REIT.
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