Private Equity Funds Asset Management Associate Attorney

A law firm in New York City, NY is seeking a Private Equity Funds Asset Management Associate Attorney with at least 3 years of experience in fund formation, focusing on private equity funds and fund-of-funds work. The position involves representing leading private equity firms and providing comprehensive legal services to private equity funds and other pooled investment vehicles.

Job Responsibilities:

• Advise private equity firms and fund managers on the formation, structuring, and ongoing operations of private equity funds, fund-of-funds, and other pooled investment vehicles.
• Assist in the structuring and negotiation of fund terms, including partnership agreements, subscription agreements, and private placement memoranda.
• Provide legal counsel on fund formation, including regulatory compliance and registration under relevant laws such as Investment Advisers Act, Securities Act, and Dodd-Frank.
• Draft, review, and negotiate fund documentation, including investment management agreements, limited partnership agreements, and other related documents.
• Advise clients on the governance and compliance aspects of managing private equity funds, including issues related to investor relations, tax considerations, and regulatory filings.
• Work closely with institutional investors in negotiating the terms of their investments in private equity funds.
• Conduct due diligence on investment opportunities for private equity funds and advise on legal risks associated with portfolio investments.
• Collaborate with other practice areas within the firm, such as tax, securities, and M&A, to provide clients with well-rounded, strategic legal counsel.
• Monitor and advise on changes in laws and regulations that impact the private equity and asset management industry, ensuring that clients remain compliant with evolving requirements.

Requirements:

• Minimum of 3 years of experience in fund formation, with a focus on private equity funds and/or fund-of-funds work at a peer firm.
• Strong knowledge of the legal and regulatory framework governing private equity fund formation, including experience with the Investment Advisers Act, Securities Act, Dodd-Frank, and other relevant legislation.
• Excellent drafting and negotiation skills, particularly in relation to fund documentation and partnership agreements.
• Strong organizational skills with the ability to manage multiple projects and deadlines simultaneously.
• Proven ability to build and maintain relationships with private equity clients and institutional investors.
• Effective communication skills, both written and verbal, with the ability to present complex legal concepts clearly to clients.
• Demonstrated proficiency in time management and project management skills, ensuring the timely delivery of services to clients.
• Ability to work both independently and collaboratively within a fast-paced environment.

Education:

• Juris Doctor (JD) degree from an accredited law school.
• Admission to the New York State Bar or eligibility to obtain admission.

Certifications (Preferred):

• Certified Private Equity Professional (CPEP) or other relevant certifications in investment management or fund formation are advantageous but not required.

Key Skills:

• Expertise in private equity fund formation and fund-of-funds work.
• Strong understanding of regulatory compliance in private equity, including familiarity with the Investment Advisers Act and other relevant laws.
• Excellent legal drafting and negotiation skills in structuring fund agreements and investment documentation.
• Ability to manage relationships with a range of stakeholders, including private equity firms, institutional investors, and fund managers.
• Strong research and due diligence skills to identify and mitigate legal risks associated with fund investments.

This role offers a significant opportunity for an attorney with experience in private equity and fund formation to join a highly regarded law firm in New York City, NY, providing sophisticated legal services to top-tier clients in the private equity sector.

This international, mid-sized New York firms core areas of practice include corporate, litigation, bankruptcy, real estate, tax, and trusts and estates. The firm maintains a friendly relaxed atmosphere and many of its attorneys are well known nationally. Associates receive early responsibility as well as good training. Office space at this firm is among the nicest of any firm in New York, and attorneys frequently socialize outside of the office. In addition, attorneys receive competitive salaries and benefits.