Complex Credit and Insurance Solutions Associate Attorney

A law firm in Philadelphia is seeking a Complex Credit and Insurance Solutions Associate Attorney with 3-5 years of experience in complex credit fund formation and insurance solutions for private fund sponsors. The ideal candidate should have prior experience working with private credit or CLOs and possess expertise in private fund formation. The role involves drafting and negotiating fund documentation, managing fundraises from launch to close, and ensuring compliance with federal securities laws. Large law firm experience is required.

Duties:

• Work on complex credit fund formation and insurance solutions for private fund sponsors.
• Draft and negotiate fund documentation, including private placement memoranda, fund agreements, subscription agreements, advisory agreements, placement agreements, legal opinions, and regulatory filings
• Manage the entire project of fundraises from launch to close
• Interface with clients and manage investor negotiations, including side letter negotiation and reviewing subscription documentation
• Manage the subscription process and closing mechanics
• Ensure compliance with the Investment Advisers Act and other federal securities laws
• Understand Regulation D offering requirements and exemptions to the Investment Company Act

Requirements:

• 3-5 years of experience in complex credit fund formation and insurance solutions for private fund sponsors
• Prior work experience with private credit or CLOs is a plus
• Private fund formation experience
• Understanding of the Investment Advisers Act and other federal securities laws
• Large law firm experience is required.

Education:

Juris Doctorate

Skills:

• Strong drafting and negotiation skills
• Project management skills for managing fund raises
• Knowledge of federal securities laws and regulations
• Excellent interpersonal and communication skills

We are fond of this firm, who, through large scale mergers, have become a network of integrated offices that can handle clients in any major city. Although that growth has not yet translated into the full scale Fortune 500 multinational clientele, this law firm is content to be the well-priced big firm alternative. With a quirky and youthful approach to the law and firm management, this firm is not as concerned with the bottom line as it is being a novel law firm in which to work. With practice areas that run from international trade to individual tax, there are plenty of opportunities for like-minded attorneys.