Drawing upon a global, multi-manager investment platform exclusively focused on real assets, Townsend Group combines an information and sourcing advantage with research and execution expertise to create investment opportunities for our clients.
Anthony Frammartino is a Principal and member of the Management and Investment Committees of the firm. Mr. Frammartino is responsible for investment management for the firm globally.
Prior to joining The Townsend Group in 2004, Mr. Frammartino was an investment banker with Key Bank’s Real Estate Capital group where he focused on capital markets, corporate finance, and mergers and acquisitions. As an expert in private real estate and developing custom real asset solutions, Mr. Frammartino is a frequent contributor and speaker on private equity real estate for industry and media groups.
Mr. Frammartino received an MBA in Finance from Case Western Reserve University and a BS in Accounting from The University of Akron.
Kevin Lynch co-founded the Townsend Group in 1983. Mr. Lynch is currently responsible for new product development, primarily in the area of initiating strategic relationships for creating customized portfolio solutions.
Prior to forming The Townsend Group, Mr. Lynch participated in structuring private placement real estate transactions for Stonehenge Capital Corporation, a New York-based investment banking firm.
Mr. Lynch is a member of the Pension Real Estate Association (PREA) and the National Counsel for Real Estate Investment Fiduciaries (NCREIF). He is a Director of the Board for Lexington Realty Trust (NYSE:LXP), which operates a self-managed and self-administered real estate investment trust. Mr. Lynch is a frequent speaker at industry conferences and has presented in New York, Amsterdam and Frankfurt for the benefit of the Association of Foreign Investors in Real Estate (AFIRE), on behalf of the Institute for International Research, and as a guest lecturer at Columbia University.
Joe Olszak is the Chief Operating Officer of The Townsend Group and a member of the firm’s Management Committee. Mr. Olszak is responsible for the firm’s legal, financial, human resource, technology and operational teams. In this role, Mr. Olszak ensures that all of Townsend’s resources are best aligned to support its investment and client servicing teams’ goal of delivering world class investment solutions to our clients.
Prior to joining The Townsend Group in 2008, Mr. Olszak was the Chief Administrative Officer for Allegiant Asset Management, a $30 billion institutional investment manager. His responsibilities included oversight of Finance, Fund Administration, Technology, and Legal as well as Product Development and firm Strategic Planning. Prior to Allegiant Mr. Olszak held several positions with investment managers and a private equity firm structuring equity investments and multiple acquisitions.
Mr. Olszak received an MBA from The Katz School at the University of Pittsburgh and BS from Drexel University.
Chief Compliance Officer
Chief Information Officer of Information Technology
Terry Ahern co-founded The Townsend Group in 1983. He is the Chief Executive Officer of the firm and a member of the Management and Investment Committees of the firm. Prior to founding Townsend, Mr. Ahern was the Vice President of a real estate investment bank after beginning his career in law private practice.
Mr. Ahern is a well-respected authority on real estate markets. He has been a frequent speaker at industry conferences and has authored numerous articles in academic journals and industry publications. He has served as an expert witness on behalf of institutional investors and has provided assistance and testimony to the Department of Labor (DOL), the Department of Housing and Urban Development (HUD), and the Securities and Exchange Commission (SEC).
Mr. Ahern was a member of the Young Presidents Organization (YPO), the Pension Real Estate Association (PREA) and the National Council of Real Estate Investment Fiduciaries (NCREIF). He is a former member of the Board of Directors of the Pension Real Estate Association (PREA), the Board of Editors of Institutional Real Estate Securities and of the Board of Editors of The Institutional Real Estate Letter. He is Chairman of the Board of DDR Corp., (NYSE:DDR), a self-administered and self-managed real estate investment trust. Since 2002, Terry has been a member of Blue Coats, Inc., a non-profit organization devoted to the well-being of families of Cuyahoga County, Ohio safety forces personnel who have lost their lives in the line of duty.
Mr. Ahern received a JD, Cum Laude, and BA, Magna Cum Laude, from Cleveland State University.