Fund Formation Associate

Job Description

A global and top 100 Am Law firm seeks an associate to join their Private Investment Funds Practice in any of their Charlottesville, Chicago, Dallas, Pittsburgh, Charlotte, Houston, New York City, and Raleigh offices.

The ideal candidate must have 4-8 years of large law firm experience representing private fund sponsors and institutional investors on a variety of complex fund formation matters. This associate will be involved in all aspects of the formation, structuring, capital raising, compliance, and ongoing management of alternative investment funds across strategies, including private equity, real estate, mezzanine, and other traditional closed-end funds, as well as hedge funds, evergreen funds, and other hybrid funds. This position will also work with related capital raising transactions, including programmatic joint ventures and structuring and managing the equity investment process for one-off investment transactions on behalf of independent sponsors. Applicants should have primary drafting experience for limited partnership agreements and limited liability company agreements in the private investment fund context, a solid understanding of market fund terms and the issues and nuances commonly negotiated in the fund offering process, experience reviewing and identifying issues in fund documents on behalf of institutional investors, experience preparing offering documents, including PPMs, and solid experience with Regulation D and other securities laws governing private placements, and solid experience with the Advisers Act and related exemption, registration and compliance issues applicable to fund managers. Candidates should possess strong interpersonal skills and the ability to interact with and advise legal and business people from inception through closing and should be starting to draft and negotiate more substantive transaction documents and commercial agreements. Must have a strong academic record, excellent writing, and oral communication skills, and the ability to work independently with clients and colleagues.