Liquidity Solutions for Intagible Assets. Liquidity Solutions for Intagible Assets.


Management Team

Gabe Fried, CEO  vcard

Hilco Streambank's CEO Gabe Fried began liquidating intangibles in 2000 when he was retained to dispose of his employer's intangible assets. During this initial assignment he learned several valuable lessons. First of all, the market needs intangible asset disposition expertise. Secondly, the principles of sales and marketing apply in each case but cannot be effectively executed without a deep understanding of the assets. And lastly, a highly publicized auction is not always the best disposition strategy.

Over the course of the next seven years Gabe wore virtually every hat in the distressed intangibles world, including liquidator, auctioneer, investor, buyer's broker, consultant, expert witness, and appraiser. Gabe's industry experience includes automotive, consumer durables, health care, retail, franchise, apparel and footwear, chemical, telecommunications, software, and more. Prior to founding Hilco Streambank, Gabe was a managing director at XRoads Solutions Group, consultant to CONSOR and Gordon Brothers Group, and cofounder of IP Recovery.

Gabe has a Bachelor of Arts degree (with honors) from the University of Massachusetts, Amherst and a Master of Science degree from the University of Illinois, Champaign–Urbana.

Jack Hazan, Executive Vice President  vcard

Jack brings a broad range of restructuring, business development and entrepreneurial experience to the Hilco Streambank team. Jack started his career as General Counsel of Nobody Beats the Wiz — a former major New York consumer electronics chain. He went on to practice law as part of the bankruptcy and restructuring group at Kramer Levin — a major NY law firm. Most recently Jack has served as General Counsel at Azrak Capital group and runs his own restructuring boutique, Hexagon Capital Advisors.

Throughout his career Jack has been at the forefront of dealmaking at a high level including — The Wiz's 363 sale in to Cablevision, to the sale of Casual Male in bankruptcy and Azrak Capital's sale of American Marketing Enterprises to Chinese conglomerate Li & Fung.

Jack has a B.S. Degree in finance from NYU School of Business & Public Administration (now known as Stern Business School), and a J.D. From Benjamin N. Cardozo School of Law.

David Peress, Executive Vice President vcard

David Peress most recently served as President of Hudson Capital Partners where he led the company's investment review and management processes. David has twenty years of experience working in the corporate restructuring and distressed investing industry. Until 2000, he was a partner in the bankruptcy department of Wilmington, Delaware's Young Conaway Stargatt & Taylor, LLP. He later served as Managing Director and General Counsel of The Ozer Group LLC, an asset disposition firm, and the Chief Operating Officer of Ozer's Real Estate Services Company. Just prior to joining Hudson, he led the special situations investing business for Crystal Capital, a multi-strategy private investment fund. At Crystal Capital, David structured and managed debt and equity investments in several retailers and consumer products companies including Tower Records, The Sharper Image, Polartec, Cranium, Tommy Armour Golf and Bob's Stores.

David Peress is a graduate of the University of Michigan and the University of Pittsburgh School of Law.

He is a member of the American Bankruptcy Institute, the Turnaround Management Association and the ICSC and a frequent speaker and author on issues related to corporate restructurings and distressed investing.


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News and Information

  • Hilco Streambank to Sell Dots Intellectual Property

    Hilco Streambank, a Hilco Global company, has been retained by Dots LLC to conduct the sale of its intellectual property (IP) portfolio including trademarks, domain names and a customer file. The trademarks include the well-known DotsŪ apparel and accessories brand and the domain name. The assets will be sold in a chapter 11 bankruptcy process which will conclude in early May.

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  • Hilco Streambank Completes 1st Online IP Address Auction on

    Hilco Streambank is pleased to announce the successful completion of its first online auction of IP addresses on Registered bidders from around the world were able to place bids and watch the auctions in real-time. Address blocks sold at prices ranging from $7.25 per address for a /17 block (32,768 addresses) to $24.32 per address for a /24 block (256 addresses).

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  • 11 New Domains Take Places on Our First Year to Date Top Domain Sales Chart With Three Soaring Into the Top Ten

    Hilco Streambank makes top 10 in DN Journal Top Domain Sales Chart for 2013 with at #8.

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  • by Hilco Streambank Launches February 17th

    Hilco Streambank is pleased to announce the launch of, an online auction platform for IPv4 address blocks. will simplify the transaction process for IPv4 transfers by standardizing terms and conditions and bring much needed transparency to the market by allowing registered users to view real time pricing for address blocks.

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