The main purpose of the paper is to study hyperkahler structures from
the viewpoint of symplectic geometry. We introduce a notion of hypersy
mplectic structures which encompasses that of hyperkahler structures.
Motivated by the work of Kronheimer on (co)adjoint orbits of semi-simp
le Lie algebras [10], [11], we define hyper-lie Poisson structures ass
ociated with a compact semi-simple Lie algebra and give criterion whic
h implies their existence. We study an explicit example of a hyper-lie
Poisson structure, in which the moduli spaces of solutions to Nahm's
equations assocaited to Lie algebra su(2) are realized as hypersymplec
tic leaves and are related to the (co)adjoint orbits of sl(2, C).