Job Opportunity
Lawyer – Investment Fund
Partners Group | New York, NY
Job Summary
Contribute to a wide variety of client offerings, focusing on commingled funds, funds of one, evergreen private funds and other products for the firm’s clients in the Americas. Juris Doctor degree from an accredited law school and admitted to the bar in a U.S. jurisdiction. 6+ years of relevant work experience at a top law firm, bank or asset manager, focused on fund formation and private fund offerings.
Details
We are one of the largest global private markets investment managers, serving over 800 institutional investors worldwide. We have USD174 billion in assets under management and around 2,000 professionals across 23 offices worldwide. Partners Group is an equal opportunity employer committed to cultural diversity.
What It’s About
We are looking for an Investment Funds Lawyer with experience establishing private funds (a plus if you also have experience raising funds registered pursuant to The Investment Company Act of 1940) to join our Structuring Solutions team out of Partners Group’s New York office and contribute to a wide variety of client offerings, focusing on commingled funds, funds of one, evergreen private funds and other products for our clients in the Americas.
Partners Group’s Structuring Solutions team is responsible for developing highly innovative investment structures for institutional and private investors globally. At Partners Group, the Structuring Solutions team plays a pivotal role in fund strategy and development, as well as ongoing servicing and maintenance. Structuring Solutions team members work closely with the firm’s client relations, investment and operations teams, as well as directly with clients, to deliver market-leading private markets product solutions.
Responsibilities:
* Efficiently manage the design, development, and implementation of innovative structuring solutions in the Americas and beyond, primarily commingled private funds, separate accounts and evergreen private funds for retail, private wealth and institutional investors
* Draft and lead agreement negotiations with the partners and investors, including drafting and operationalizing LPAs, offering documents, and side letters, and negotiating directly and independently with third parties and their external counsel
* Efficiently manage the end-to-end launch process for flagship fund offerings, encompassing initial planning with senior stakeholders and pre-marketing guidance, development of key documentation (LPAs, PPMs, subscription agreements) and fund entity setup, coordination of marketing registrations and prefinancing arrangements during launch, and ongoing management of fund governance (including document amendments and corporate actions post-launch)
* Ensure compliance with applicable securities laws (including, but not limited to, Investment Advisers Act, Investment Company Act, Dodd-Frank, AIFMD, MiFID) and consider tax efficiency within the context of delivering bespoke solutions for investors
* Develop your own service catalogue with full ownership and high autonomy
* Keep abreast of regulatory/industry developments and provide periodic updates to internal parties
* Support client-facing business development efforts by contributing to client meetings and presentations
What We Expect:
* Juris Doctor (JD) degree from an accredited law school and admitted to the bar in a U.S. jurisdiction
* LLM in Tax or strong proficiency in fund related tax considerations highly desirable
* Member in good standing of a State Bar association
* 6+ years of relevant work experience at a top law firm, bank or asset manager, focused on fund formation and private fund offerings
* In-depth knowledge fund structures for private equity, private real estate, private credit, royalties and private infrastructure, including limited partnership, LLCs, corporate entities, trusts, RICs, BDCs, with experience in rated note funds/CFOs also desirable
* Proficiency in drafting, reviewing and signing off on legal documents
* Strong understanding of Investment Company Act, Investment Advisers Act and tax considerations in the context of private fund offerings
* Excellent analytical, interpersonal and project management skills to manage multiple projects in parallel with a wide range of stakeholders
* Genuine interest in investment markets and fund structures
* Individuals who thrive in a fast-paced environment and demonstrate a strong bias for action
* Team members who can prioritize effectively, meet tight deadlines consistently, and drive initiatives forward with appropriate urgency while maintaining quality and attention to detail
* Ability to effectively communicate with both internal and external parties to meet ambitious fund formation timelines
* Strong communication, collaboration and organizational skills
Click here for details on this job
- Compensation: $ 300,000
- Min Education: JD
- Min Experience: 6 years