Townsend Raises $2 Billion in Real Estate Secondaries Strategy
Townsend has raised over $2.0 billion for its latest real estate secondary strategy, aiming toward a total target of $3.0 billion. The firm plans to deploy capital across GP-led and LP secondaries with an average entry discount of 25%. Over the past 18 months, Townsend has already allocated more than $1.0 billion into eleven investments.
