Olena Tokman

Olena has specialised experience in the structuring, formation and distribution of investment funds as well as other investment products in the area of alternative investments, in particular real estate, private equity, infrastructure, private debt and renewable energy. Moreover, she advised institutional investors with respect to their investment in investment funds. Olena has profound knowledge in investment funds law and in connected insurance regulatory issues.

Prior to working at Linklaters, she was heading the legal & compliance department of a German AIFM focused on real estate funds for institutional investors. Olena advised on corporate law and M&A transactions, in particular in the real estate and financial institutions sector. Overall, Olena has more than 13 years’ experience in advising on regulatory and transactional matters.

She is regularly recognised as one of the leading experts in the fields of, respectively, mergers and acquisitions and real estate in Germany by Handelsblatt.

Olena is a mentor on our German Women@Linklaters mentorship programme.

Olena Tokman is recommended by Legal 500 Germany 2025 in the area of investment funds. In addition, she is regularly recognised by the Handelsblatt/Best Lawyers® ranking in the category "Best Lawyers" in the areas of mergers and acquisitions and real estate law in Germany.

"Expertise, solution-orientation and holistic case assessment."
Legal 500 Germany 2024

Work highlights

Her clients include inter alia: Aurelius Private Equity, BASF Pensionskasse, BNP Paribas REIM, CBRE Investment Management, DWS, Helaba Invest, HSBC INKA, IntReal, Montagu, PGIM, Rantum Capital, Tikehau, TUI, Union Investment, Universal-Investment, Zurich Versicherungsgruppe.

Prior to working at Linklaters, she was heading the legal & compliance department of a German AIFM focused on real estate funds for institutional investors.

since 2019: Counsel, Linklaters LLP, Frankfurt

2015 – 2018: Head of Legal & Compliance, PATRIZIA Frankfurt Kapitalverwaltungsgesellschaft mbH (formerly TRIUVA Kapitalverwaltungsgesellschaft mbH), Frankfurt

2010 - 2015: Hogan Lovells International LLP, Frankfurt, since 2015 as Counsel

2008 – 2009: Shearman & Sterling LLP, Frankfurt

Olena studied law at the Friedrich-Alexander University of Nuremberg/Erlangen, Germany.

She speaks German, English, Ukrainian (native) and Russian.