Fund Formation Associate - CBOHN
New York, NY
About the Job
The New York office of our firm is seeking an Associate for their Corporate and Private Equity Department.
The Corporate and Private Equity Department consists of more than 70 attorneys whose practices focus on all types of private equity transactions including leveraged buy-outs, independent sponsor transactions, rollups, minority and junior capital investments, "going private" transactions and purchases of troubled companies in or out of bankruptcy. We have a team devoted to representing general partners and major limited partners in forming private equity, venture capital, mezzanine, and real estate funds. We consistently rank among the top corporate law firms in benchmarking league tables published by Bloomberg, Mergermarket and Refinitiv.
the firm, one of the world's leading law firms, has provided legal solutions to corporate, individual, and nonprofit clients since 1834. Diversity and inclusion are essential to how we do business, informing how we recruit, retain and promote lawyers and staff to serve clients. Along with excellent benefits, the firm offers our attorneys a competitive salary with hours and merit bonus opportunities, billable hours credit for pro bono work, and a hybrid remote option allowing flexibility and work-life balance.
Salary: $225,000 - $370,000
- Qualified candidates will have 2-6 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 the following:
- 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.
- 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.