The Townsend Group, established in 1983, is a provider of real estate and real asset investment solutions to institutional investors globally and it manages or advises investor interests in excess of $100bn for investors.
Townsend allocates real estate capital on a discretionary and non-discretionary basis for over 85 institutional clients from offices in Cleveland, London, San Francisco, and Hong Kong.
Townsend, led by Terry Ahern and Kevin Lynch, has a focused real estate platform of 70 employees.
Aligned Asset Managers said in the Townsend transaction it purchased a majority equity interest in Townsend and an expanded group of Townsend’s senior professionals will hold a substantial equity interest in the firm and have signed long-term employment agreements with the firm.
