Fund Formation Associate Attorney

Job Overview: A law firm 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. The role will also encompass working on related capital raising transactions and managing equity investment processes for independent sponsors.

Duties:

• Participate in all aspects of fund formation, including drafting limited partnership agreements and limited liability company agreements.
• Work on capital raising transactions, including programmatic joint ventures and structuring equity investment processes for one-off investment transactions.
• Review fund documents and identify issues on behalf of institutional investors.
• Prepare offering documents such as Private Placement Memorandums (PPMs) and ensure compliance with relevant securities laws.
• Provide advice on the Advisers' Act and related exemption, registration, and compliance issues for fund managers.
• Interact with and advise legal and business personnel throughout the fund formation process.
• Draft and negotiate transaction documents and commercial agreements.

Requirements:

• 2-6 years of experience in a large law firm representing private fund sponsors and institutional investors.
• Strong understanding of market fund terms and common issues negotiated in fund offerings.
• Experience with Regulation D and other securities laws governing private placements.
• Familiarity with the Advisers' Act and related compliance issues.
• Excellent interpersonal skills and ability to work independently with clients and colleagues.
• Strong academic record with excellent writing and oral communication skills.

Education and Certifications:

• Juris Doctor (J.D.) degree from an accredited law school.
• Admission to the Illinois State Bar (or eligibility to waive in).

Skills:

• Drafting and reviewing limited partnership agreements and LLC agreements.
• Analytical skills for identifying issues in fund documents.
• Proficiency in drafting offering documents and ensuring compliance with securities laws.
• Strong interpersonal skills for interacting with clients and colleagues.
• Negotiation skills for drafting and negotiating transaction documents.
• Ability to work independently and collaboratively in a team environment.

This international law firm has 20 offices with over 900 attorneys on its team. Its service areas include financial services litigation, technology and outsourcing, healthcare law, government, criminal and regulatory investigations, real estate and land use, environmental, energy law, insolvency and restructuring, product liability and mass torts, corporate, private wealth services, employee benefits, banking and finance, patents, labor and employment, intellectual property, class action and antitrust and trade regulation.