Halkum Capital Advisors
Capital.Strategy.Clarity
Where vision aligns with capital
Halkum Capital Advisors is a boutique advisory firm delivering tailored capital solutions and strategic guidance that create secure, long-term value. Independent, relationship-driven, and highly selective — we align vision with capital, and strategy with execution.
Capital. Strategy. Clarity
We specialise in advising niche players in the real assets sector — those capable of achieving results in complex, evolving markets. From first-time funds to emerging sectors and innovative investment strategies, we help clients structure capital and partnerships that unlock growth.
Our strength lies in combining creative thinking with disciplined execution, guiding clients through pivotal moments where discretion, clarity, and conviction matter most.
Specialised Capabilities
We concentrate on a limited number of mandates where our insight and relationships can create outsized value. Our services are crafted to combine strategic depth with disciplined execution across real estate and related investments.
Real Estate Capital Formation
Sourcing and structuring capital for development projects, acquisitions, and portfolio expansion — connecting clients with aligned investors and financing partners.
Strategic Advisory
Designing tailored strategies that reflect each client’s objectives, growth ambitions, and risk profile — ensuring capital and strategy move in sync.
Market Analysis & Due Diligence
Delivering in-depth research and analysis to support sound investment decisions and identify value creation opportunities.
Programmatic JVs and platforms
Supporting investment managers and developers in structuring dedicated joint ventures — sourcing the optimal capital partners and co-investors for single assets or scalable platforms.
Recapitalisations and continuation strategies
Advising on GP-led and LP-led portfolio recapitalisations and the structuring of continuation strategies that preserve value and extend performance horizons.
Who we are
Our mission is to deliver tailored capital solutions and strategic guidance that create secure, long-term value.
With established relationships across key geographies and deep local networks, we provide flexible, tailored solutions that connect niche opportunities with global capital.
Why Us
- Independent platform, free from conflicts of interest
- Success-based compensation structure
- Limited mandates to ensure focus and alignment
Who We Serve
- Institutional Investors – Pension schemes, insurers, consultants seeking long-term returns.
- Private Equity Firms – Bespoke and niche real estate strategies and co-investment opportunities.
- Family Offices– Access to high-quality, conviction-driven real estate opportunities.
Founder’s Profile: Ljiljana Macdonald, PhD
Experience And Outstanding Track Record
With over 20 years’ experience across Europe’s leading real estate markets, Ljiljana has held senior roles at Optimum Asset Management, Alpha Real Capital, Aviva Investors, Savills Investment Management, UBS Global Asset Management, and DTZ.
Ljiljana has a diverse background, encompassing 360 ° experiences, including fund investments and co-investments, portfolio creations, leading strategy teams, and in-house fundraising and recapitalisations.
Ljiljana holds PhD from London School of Economics and Political Science
