Riverside Completes Acquisition of Townsend Group
2023
The Riverside Company announced that an affiliate of one of its investment funds has closed the acquisition of Townsend Group (“Townsend”) from Aon plc (NYSE: AON) as of August 1st, 2024.
Townsend Appoints Anthony Frammartino as CEO
2022
Townsend Launches a Global Core Real Estate Fund
2020
Townsend Launches a US Fund focused on Open-End Fund Originations
2014
Townsend Selected for Managed Solution of Real Assets
2013
Townsend wins the mandate to build and manage a flexible, real assets portfolio targeting a broad range of real estate, infrastructure, timber and agriculture investments.
Townsend Launches Multi-Manager Fund Focused on Co-Investments
2012
The firm introduces Townsend Real Estate Alpha Fund I, primarily focused on co-investments, secondaries, joint ventures and clubs.
Townsend Enters Strategic Partnership with Aligned Asset Managers
2011
Townsend selects Aligned Asset Managers as a strategic partner to accelerate the growth of its global investment platform and serve a growing and diverse group of institutional real asset investors.
Townsend Expands Global Investment Platform in Europe and Asia
2010
Following investment opportunities and trends, the firm expands globally, opening offices in London and Hong Kong.
Townsend Awarded Initial Co-Investment Mandate
2007
Large U.S. Public Fund partners with Townsend to manage its co-investment strategy, growing its portfolio to $1 billion by targeting opportunistic real estate investments.
European Partners Drive Townsend Fund Solutions
2004
Townsend builds private-label, multi-manager real estate funds to serve European client needs.
Townsend Restructures Multi-Manager Fund
1998
A high net worth investment platform engages Townsend to restructure its fund and execute the investment strategy.
Townsend Creates Custom Managed Solution
1996
Private U.S. corporate plan selects Townsend to manage its discretionary client portfolio.
Expansion into Real Assets
1990s
Townsend grows with its clients, extending its investment platform into Timber and Agriculture.
Focus on Institutional Investors
1986
U.S. public pension fund selects Townsend to provide Advisory Solutions for its real estate portfolio.
Townsend Founded
1983
Terry Ahern and Kevin Lynch found The Townsend Group to provide a core set of investment skills exclusively focused on real estate that would serve institutional investors.