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.
Focus on Institutional Investors
1986
U.S. public pension fund selects Townsend to provide Advisory Solutions for its real estate portfolio.
Expansion into Real Assets
1990s
Townsend grows with its clients, extending its investment platform into Timber and Agriculture.
Townsend Creates Custom Managed Solution
1996
Private U.S. corporate plan selects Townsend to manage its discretionary client portfolio.
Townsend Expands Equity Ownership
1997
The firm invests for growth to broaden its investment platform and reward and retain investment professionals.
Townsend Restructures Multi-Manager Fund
1998
A high net worth investment platform engages Townsend to restructure its fund and execute the investment strategy.
European Partners Drive Townsend Fund Solutions
2004
Townsend builds private-label, multi-manager real estate funds to serve European client needs.
Townsend Adds Infrastructure Investing to Solution Suite
2005
Townsend integrates infrastructure into its real estate portfolios for select clients seeking to expand their real asset allocations.
Townsend Expands Equity Ownership
2005
Once again, the firm invests to expand its investment platform and reward and retain top investment professionals.
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.
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 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 Equity Ownership
2011
The firm invests once again for growth to broaden its investment platform and retain top talent.
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 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 Expands Equity Ownership
2014
For a fourth time since its inception, the firm invests to grow its global platform and bench strength.
Aon completes acquisition of The Townsend Group
2017
Townsend becomes a wholly-owned subsidiary of Aon, within Aon’s Global Retirement and Investments business segment.