Fund Formation Associate Attorney

Job Overview: A law firm in Charlottesville, VA, is seeking a Fund Formation Associate Attorney to be involved in all aspects of the formation, structuring, capital raising, compliance, and ongoing management of alternative investment funds across various strategies.

Duties:

• Participate in all aspects of fund formation, including structuring, capital raising, compliance, and ongoing management.
• Work on related capital raising transactions, such as programmatic joint ventures and structuring equity investment processes for one-off investment transactions.
• Draft and review limited partnership agreements and limited liability company agreements in the private investment fund context.
• Review fund documents on behalf of institutional investors, identifying key issues and nuances.
• Prepare offering documents, including Private Placement Memorandums (PPMs), ensuring compliance with Regulation D and other relevant securities laws.
• Handle Advisers' Act and related exemption, registration, and compliance issues applicable to fund managers.
• Draft and negotiate substantive transaction documents and commercial agreements.
• Interact with and advise legal and business stakeholders from inception through closing.

Requirements:

• 2-6 years of large law firm experience representing private fund sponsors and institutional investors.
• Solid understanding of market fund terms and common issues negotiated in the fund offering process.
• Strong academic record with excellent writing and oral communication skills.
• Ability to work independently with clients and colleagues.
• Strong interpersonal skills.

Education & Certifications:

• Juris Doctor (JD) from an accredited law school.
• Admission to the Virginia State Bar or eligibility for admission by waiver.

Skills:

• Proficiency in drafting legal documents, particularly limited partnership agreements and LLC agreements.
• Familiarity with securities laws governing private placements, including Regulation D.
• Knowledge of the Advisers' Act and related exemption, registration, and compliance issues.
• Excellent negotiation skills.
• Ability to analyze complex legal issues and provide practical solutions.
• Strong attention to detail and organizational skills.

This small Virginia office has international offices in Europe, Russia, and beyond. Attorneys work hard in a friendly atmosphere and are rewarded with extremely competitive salaries and hefty bonuses. Specific areas of law practiced in the Virginia office include real estate finance and land use, aviation law, communications law, tax, trust and estate planning, and a wide range of litigation. They also have a significant practice in the areas of corporate finance and intellectual property rights.