Canadian pension fund snaps up MGPA deal man

Simon Marriott, MGPA’s head of UK acquisitions jumps ship to join Oxford Properties, the real estate arm of the Canadian pension fund Ontario Municipal Employees Retirement System.

Oxford Properties, the real estate business of Canadian pension fund Ontario Municipal Employees Retirement System, has appointed Simon Marriott as managing director of investments for Europe.

Marriott joins from MGPA, the private equity real estate firm, where he was head of acquisitions for the UK. He was appointed by Oxford Properties senior managing director for Europe, Paul Brundage, who is reportedly keen to expand the team from six investment professionals to 12. The firm has more than 1,100 staff worldwide across the business.

Marriott, who also previously held roles at Invista Real Estate Investment Management, Quintain Estates and Rockspring Property Investment Managers, has been charged with investing on behalf of the pension fund across Europe although his initial investment focus is understood to be in London where he will be based.

On the back of Marriott’s appointment, Oxford Properties will focus on core, value-added and development targets.

Oxford Properties was established in 1960. The firm has historically invested in, developed and asset managed real estate in Canada, the US and the UK. Of its assets under management, 15 percent was bought through an opportunistic strategy, 35 percent was bought via a value added strategy while 50 percent was acquired through a core strategy.