Hilco Streambank, an advisory firm specializing in intangible asset disposition and valuation, announced significant changes to its organizational structure and several executive promotions.
After more than a decade of growth within the Hilco Global platform, Hilco Streambank underwent a comprehensive review of its operations and management in 2023. This evaluation, initially focused on the continued professionalization and development of its IPv4.Global business line, expanded to encompass the entire organization.
As a result of this strategic initiative, Hilco Streambank has reorganized its business into two distinct divisions: the advisory services division and the digital services division.
Advisory Services Division
The advisory services division combines Hilco Streambank’s legacy intangible assets disposition and valuation business lines with the patent advisory services business line introduced in 2022. Reflecting the expansion of its mandates to include advisory services to secured lenders and other stakeholders, as well as the growth in patent valuation and analytics service offerings, the division’s name has been updated accordingly.
Operational and marketing oversight for the advisory services division will be led by Richelle Kalnit, who was appointed senior vice president and chief commercial officer, as of March 1. Kalnit originally joined Hilco Streambank in 2017 and previously served as senior vice president of the intangible assets advisory group.
Digital Services Division
the digital services division encompasses Hilco Streambank’s IPv4.Global business line and the Hilco digital assets business, launched in 2022.
Kirstin DiCecca, who joined Hilco Streambank in 2019, will now serve as senior vice president and chief operating officer of the digital services division, effective March 1. She will support the ongoing corporate development efforts of senior Vice President Lee Howard and the sales effort led by Vice President Syd Dufton.
DiCecca has played a role in managing operations across the business and was instrumental in the launch and integration of the Hilco Digital Assets business in 2022 and its strategic investment in Squadhelp in 2023.
“These organizational changes and executive promotions reflect our commitment to strategic growth and development,” Gabe Fried, CEO of Hilco Streambank, who spearheaded the reorganization efforts alongside Executive Vice Presidents Jack Hazan and David Peress. “We look forward to supporting Richelle and Kirstin as our advisory services and digital services divisions continue to deliver exceptional value to our clients.”
