Fund Formation Associate Attorney

Job Overview: A law firm is seeking a Fund Formation Associate Attorney to be extensively involved in the formation, structuring, compliance, and ongoing management of various alternative investment funds. This role will also encompass working on related capital-raising transactions and managing equity investment processes. The ideal candidate should possess 2-6 years of experience in large law firms focusing on private fund sponsors and institutional investors.

Duties:

• Participate in all aspects of the formation, structuring, and management of alternative investment funds across various strategies.
• Work on capital raising transactions, including programmatic joint ventures and equity investment processes for independent sponsors.
• Draft and review limited partnership agreements and limited liability company agreements for private investment funds.
• Ensure compliance with relevant securities laws governing private placements, including Regulation D.
• Review fund documents on behalf of institutional investors, identifying and addressing pertinent issues.
• Prepare offering documents such as Private Placement Memorandums (PPMs) for fund offerings.

Requirements:

• 2-6 years of experience in a large law firm specializing in private fund sponsors and institutional investors.
• Strong understanding of market fund terms and common negotiation issues in the fund offering process.
• Familiarity with the Advisers’ Act and related exemption, registration, and compliance issues for fund managers.
• Excellent interpersonal skills with the ability to interact effectively with legal and business professionals.
• Strong academic record with excellent writing and oral communication skills.

Education and Certifications:

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

Skills:

• Proficient drafting skills for limited partnership agreements and LLC agreements.
• Familiarity with securities laws governing private placements, particularly Regulation D.
• Ability to work independently and collaboratively with clients and colleagues.
• Strong analytical skills for reviewing fund documents and identifying pertinent issues.

This large 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.