About the Role
You will work on supporting asset management across the formation launch and ongoing management of private funds and the investments those funds deploy. You will draft review and execute fund formation documents including entity formation governance documentation, subscription documentation, and bespoke side letter agreements with limited partners. You will coordinate with external counsel on legal diligence, negotiation and execution of new investment opportunities. You will advise internal stakeholders on ongoing fund management matters including limited partner outreach, LPAC management, updates to fund disclosure and offering documentation as needed, and liquidations of funds following the conclusion of applicable investment periods. You will assist the compliance function on legal matters relating to the formation and maintenance of funds and products. There will be opportunities to work with venture counsel on diligence, negotiation and execution of private venture investments and other asset management matters such as regulatory review and advising with respect to crypto relevant issues and new asset management products. You will embrace and champion the thoughtful adoption of AI to improve performance and business outcomes. You will leverage AI tools to improve productivity and decision making in day to day work.
Requirements
- Minimum 3-7 years of relevant prior experience with a large law firm or in house in a funds formation or asset management counsel capacity
- Experience and knowledge with legal issues present for asset managers and Registered Investment Advisers including the Investment Advisers Act of 1940, applicable SEC rules and regulations, fund structuring (onshore and offshore), conflict of interest management and allocation of investment opportunities across multiple funds and fund types including private funds ETFs and 40 Act funds
- Ability to navigate and manage transactions involving multiple parties financial structures and unique terms and conditions
- Interest in issues relating to digital assets is required; experience and/or prior knowledge in the space is a plus
- Highly motivated self starter who takes initiative
- Positive attitude and willingness to roll up sleeves
- Collaborative professional with outstanding business judgment
- Excellent written and oral communication skills
- Active membership in the NY state bar
Responsibilities
- Draft, review and execute fund formation documentation including entity formation governance documentation, subscription documentation, and bespoke side letter agreements with limited partners
- Coordinate with external counsel on legal diligence negotiation and execution of new investment opportunities
- Advise internal stakeholders on ongoing fund management matters including limited partner outreach LPAC management updates to fund disclosure and offering documentation as needed and liquidations of funds following the conclusion of applicable investment periods
- Assist the compliance function on legal matters relating to the formation and maintenance of funds and products
- Work with venture counsel on diligence negotiation and execution of private venture investments and other asset management matters such as regulatory review and advising with respect to crypto relevant issues and new asset management products
- Embrace and champion the thoughtful adoption of AI to improve performance and business outcomes
- Leverage AI tools to improve productivity and decision making in day to day work
Benefits
- Competitive base salary and discretionary bonus
- Hybrid/Flexible Working Arrangements
- Flexible Time Off (paid)
- 3% 401(k) company contribution
- Company-paid health and protective benefits for employees, partners, and other dependents
- Generous paid Parental Leave
- Competitive family planning benefits for US employees
- Opportunities to learn about the Crypto industry
- Smart entrepreneurial and fun colleagues
- Free daily snacks and weekly breakfasts/lunches
- Employee Resource Groups
- Free coaching and counseling sessions through Headspace