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Hilco Streambank
Gabe Fried leads Hilco Streambank, the IP disposition arm of Hilco Global, running Article 9 foreclosure sales and domain-name brokerage from New York.
Hilco Streambank
Hilco Streambank operates within the broader Hilco Global platform, a diversified financial services firm with roots in asset appraisal, liquidation, and restructuring. Founded as the IP-focused arm, Streambank concentrates on identifying, preserving, and monetizing intangible assets — patents, trademarks, domain names, and brand rights — often from companies undergoing bankruptcy, wind-down, or collateral enforcement. Executive Directors Gabe Fried and David Peress, together with Senior Director Karl Maersch, run the practice, drawing on Hilco Global's multi-office infrastructure spanning North America, Europe, and Asia-Pacific. Streambank’s deal flow comes from distressed and special-situations mandates. The team conducts Article 9 foreclosure sales for secured lenders, providing a commercially reasonable process to liquidate IP collateral. It also manages bespoke brokerage and auction campaigns for patent portfolios, exact-match .com domain names, and branded intangible assets. The practice extends into emerging digital-asset classes including NFTs and Web3 domain categories. Confirmed counterparties include Fortune 100 companies, leading venture capital and private equity firms, and global domain investors. The group maintains a lightweight permanent staff, leveraging thousands of Hilco Global professionals across more than twenty offices worldwide. Key hubs include New York, London, Chicago, and Sydney. Recent closed deals are promoted on the firm's website, though individual transaction values remain confidential. The operational backbone includes Hilco Valuation Services and Hilco IP Merchant Banking, which supply appraisal rigor and structured capital solutions. Unlike generalist IP brokers, Streambank embedded its practice inside an operating platform that owns adjacent auction, valuation, and advisory businesses — giving the team first access to distressed situations where intellectual property is the primary recovery source. The integration with Hilco Global’s asset disposition network means Streambank often appears in a creditor committee or wind-down trustee engagement before a pure-play IP advisor would be considered.
General information
Firm type
Asset Manager
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
United States
City
New York
Corporate office
1500 Broadway, 26th Floor, New York, NY 10036
Additional offices
Northbrook, IL · Chicago, IL · Boston, MA · Quincy, MA · Ann Arbor, MI · Grand Rapids, MI · Madison Heights, MI · Bethlehem, PA · Oakville, ON · Kanata, ON · Mexico City, Mexico · Dublin, Ireland · London, UK · Amsterdam, Netherlands · Bukit Mertajam, Malaysia · Singapore · Melbourne, Australia · Sydney, Australia · Wetherill Park, Australia
Principals
Gabe Fried
Executive Director - IP Services
Karl Maersch
Senior Director - IP Services, Intangible Assets
David Peress
Executive Director - IP Services
Sector focus
Frequently asked questions
What is Hilco Streambank's relationship to Hilco Global?
Hilco Streambank is the intellectual-property advisory and monetization unit within Hilco Global, a privately held financial services firm. It draws on Hilco Global's broader infrastructure — including valuation, appraisal, and merchant banking capabilities — but operates independently as the dedicated practice for intangible asset recovery and brokerage. The structure allows Streambank to originate deals through Hilco's restructuring and lender-services channels.
Who runs investment and disposition decisions at Hilco Streambank?
Executive Directors Gabe Fried and David Peress, along with Senior Director Karl Maersch, lead the IP Services practice. The website identifies these three executives as the primary points of contact for IP brokerage, domain sales, and Article 9 foreclosure engagements. They operate from Hilco Global's New York office at 1500 Broadway.
Does Hilco Streambank take principal positions or only act as an agent?
Streambank primarily acts as an agent and advisor in brokerage, auction, and foreclosure-sale processes. The firm describes direct investment capabilities in ultra-premium .com domain names through the Hilco Global platform, suggesting selective principal activity alongside its advisory mandates. The parent company's merchant banking arm may also provide capital in certain IP-backed situations.
How does Hilco Streambank source its deal flow?
The firm sources mandates through Hilco Global's deep relationships with secured lenders, bankruptcy professionals, and corporate restructuring advisors. Its specialization in Article 9 foreclosures — the Uniform Commercial Code process for seizing and selling collateral — creates a direct pipeline from distressed lending situations. The firm also attracts direct engagements from companies monetizing non-core IP and from domain-name investors globally.
Which asset classes does Hilco Streambank handle?
The practice covers traditional intangible assets — patents, trademarks, trade secrets, and brand rights — alongside an active domain-name brokerage focusing on ultra-premium .com and exact-match domains. The firm's website also declares an emerging expertise in Web3 assets, including NFTs and blockchain-native domain categories. It does not list royalty streams, music catalogs, or pharmaceutical IP as separate practice areas.
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