French asset manager OFI has announced the hire of former Tikehau IM executive Aymeric Thibord as new head of its real estate subsidiary, OFI Pierre.
The hire follows the departure of Joëlle Chauvin, who is retiring from her position as CEO having set up and led the real estate asset management unit for the past three years. Chauvin will remain as non-executive director.
OFI Pierre’s activities complement the range of asset management services offered by the OFI Group, which had around €72 bn of assets under management as of 31st December 2019. OFI Pierre currently manages 3 funds totalling assets in the region of €250 mln, including OFI Immobilier OPPCI and Esprit Pierre fund. OFI Immobilier OPPCI currently owns six office properties in the Paris central business district, Neuilly-sur-Seine and Levallois.
Aymeric Thibord, aged 45, was previously deputy head of the real estate department at Tikehau IM, which he joined in 2016 to help it expand across Europe. He began his career at Archon Group (Goldman Sachs) in 1998, before moving to Société Générale Asset Management (now Amundi) in 2003 as head of acquisitions and founding member of the real estate asset management department.
He was involved in setting up TIAA’s European real estate platform from London in 2010, before becoming director of fund management at TIAA Henderson Real Estate (now Nuveen Real Estate).
