Global real estate multi-manager Townsend Group has entered into a strategic partnership with Frankfurt-based real estate private equity firm Kadens Capital.
TRECS IV, Townsend’s latest real estate secondaries and general-partner capital solutions fund, has committed €75m to the partnership to focus on investments in real estate assets and operating platforms.
Townsend and Kadens said they would invest across key European markets, including Germany, France, Iberia, Scandinavia and the UK.
Matthias Cordier, founding partner of Kadens Capital, said: “Townsend’s support and backing are significant given their highly selective approach to partnering with specialist managers, and this cooperation represents an important step in scaling and strengthening our investment platform.”
Laurie Woolmer, head of European special situations at Townsend Group, said: “This cooperation reflects our commitment to delivering carefully structured secondary and platform investment opportunities to our clients.
“Partnering with Kadens Capital allows us to combine our global institutional-grade investment capabilities with the expertise of a specialist manager with a strong presence in the markets that are core to our strategy.”
As previously reported by IPE Real Assets, Los Angeles Fire and Police Pensions approved a $60m commitment to the Townsend fund in 2025.
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