Represents both established and emerging fund sponsors in fund structuring and investor negotiations.
Worked on dozens of real estate joint venture transactions.
Has advised on multiple cryptocurrency/digital asset fund launches.

Adam Hilkemann has significant experience with private equity funds, hedge funds and hybrid funds pursuing a variety of investment strategies, including real estate, venture capital, emerging markets, litigation finance, buyout, distressed debt, energy, macro and funds of funds (FOF).

Adam has particular experience with cryptocurrency fund launches and related transactions. He works as part of a multidisciplinary team that applies Akin’s wide-ranging experience in the digital asset space to meet client needs and drive industry best practices.

He advises management companies in connection with:

Fundraising
Registration
Investment activities, including negotiating side letters, direct equity and other forms of convertible investments
Marketing
Ongoing compliance and operational issues.

Adam has represented equity providers in connection with dozens of real estate joint ventures. He also advises purchasers and sellers in corporate and real estate acquisitions/dispositions, and he has provided guidance to borrowers in commercial finance transactions, including secured and unsecured corporate and real estate and preferred equity financings.

Additionally, he advises management companies on internal structuring issues such as profit-sharing arrangements and seeding transactions.

Adam also regularly advises private equity funds, companies, sponsors and institutional investors in connection with transactional activities, including fund investments, managed account arrangements, co-investments and other strategic transactions.

Representative Work

Assisted in the launch of an inaugural blind-pool real estate development fund, supporting the client’s move into the institutional fund manager space. Provided market and investor guidance on terms and structuring while keeping the client’s overall business strategy in mind.
Assisted in the launch of early stage, growth and late stage venture funds for a prominent, Silicon Valley fund sponsor.
Assisted in the successful launch of a client’s second hybrid fund with a litigation finance focus. Leveraged deep knowledge of the client to a complex structure and novel strategy.
Advised in the successful launch of a cryptocurrency hedge fund with a dual trading/mining strategy. Provided creative and focused guidance in the context of a nascent investment strategy with very little regulatory guidance.
Represented a large real estate fund manager in connection with the successful deployment of fund capital into several joint ventures with a variety of data center development partners. Applied strong understanding of investment fund structure and terms while maintaining focus on the specific real estate investments at hand.