Townsend’s Fund Review Group is responsible primarily for reviewing the hundreds of commingled fund investment opportunities from sponsoring managers providing data and proposals to Townsend each year, and fully evaluating funds most appropriate for Townsend’s 90+ clients. Last year,
Last year, Townsend’s clients collectively committed approximately $11.1 billion to private equity real estate funds and other similar vehicles.
throughout the globe. The Group is currently seeking an Analyst to be located in its Cleveland and San Francisco headquarters, focusing on US non-core real estate funds.
Specific responsibilities are integral to the Group and the firm’s overall investment process, and include the following:
Townsend is currently seeking an Associate to be located in its Cleveland office. This position will report within the Special Situations Group, where Townsend manages its non-fund, principal direct real estate investment activity. Townsend manages discretionary Special Situations investment funds, which invest globally across all property types, executing via co-investments, joint ventures, recapitalizations, fund secondaries, and debt oriented investments. The Associate will be an integral member of the investment deal team and will support asset management and acquisition activities. This position will be responsible for assisting in the overall due diligence process including financial valuation and modeling, intensive research of market fundamentals, evaluation of business plans and analysis of capital structures. The ideal candidate will have an undergraduate degree and a minimum of 2 to 3 years of relevant real estate investment experience. Individual must be a team player with a positive attitude and possess a strong work ethic. This position will be heavily reliant on a strong financial analysis background. Strong financial modeling skills and extensive knowledge of capital structures are absolute requirements.