Financial Services - Private Fund Formation

Dechert LLP Philadelphia , PA 19107

Posted 2 months ago

We are seeking associates with 3-5 years of private fund formation experience to join our Financial Services group. Our team represents clients ranging from first-time fund managers to many of the largest money managers in the world. We raise private funds across all major asset classes and strategies, including: buyout, growth capital, secondaries and funds of funds, among others. Additionally, our practice is top-ranked across industry publications, including Chambers USA, Best Lawyers and The Legal 500 US.

Job Description


  • We are looking to be flexible - open positions can be based out of our Austin, Boston, Charlotte, Chicago, Los Angeles, New York, San Francisco, Silicon Valley or Washington, D.C. offices; admission to the bar of the relevant jurisdiction is preferred but not required; we will provide a relocation allowance

  • Private fund formation experience, including drafting and negotiation fund documentation (private placement memoranda, fund agreements, subscription agreements, advisory agreements, placement agreements, legal opinions, regulatory filings)

  • Experience with fund raises from launch to close, including managing the entire project, to include interfacing with client, investor negotiation (including side letter negotiation and reviewing subscription documentation and managing subscription process), and closing mechanics

  • Understanding of the Investment Advisers Act and other federal securities laws, including Regulation D offering requirements, and exemptions to the Investment Company Act

  • Direct private funds experience is preferred, but open to strong corporate associates with an interest in private funds work

  • Large law firm experience preferred; prior in-house or regulatory experience is a plus

Additional Job Description


New YorkPhiladelphia

Time Type

Full time

Dechert LLP is committed to ensuring equal employment opportunity and non-discrimination. The Firm prohibits unlawful discrimination in any term or condition of employment against any employee or applicant for employment because of the individual's race, color, creed, religion, sex, age, marital status, national origin, ancestry, citizenship, sexual orientation, gender identity or expression, genetic information, disability, membership or service in the armed forces, or any other characteristic protected by law.

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Tax Consultant II Financial Service Industries Hedge Fund Tax


Posted 5 days ago

VIEW JOBS 1/22/2022 12:00:00 AM 2022-04-22T00:00 Position Summary Hedge funds-Are you a leader and passionate about financial products and understand tax planning and returns, identifying complex tax issues for a variety of hedge fund clients, Subchapter K, wash sale and constructive sale rules, and aggregate allocations? If this is music to your ears, and you love a challenge and a very fast-paced environment, we have the career for you! What You'll Do As a Tax Consultant within the FSI-Hedge Fund Tax group, you will be a valuable member on tax engagements, assisting across a variety of tax services that are relevant for public and private companies, ranging from project management support, analytical support, and tax consulting for our Hedge Fund industry sector clients. Responsibilities will include: * Provide tax advisory services to clients in the insurance industry across business functions such as underwriting, claims, IT, finance and accounting * Lead project work streams and engagements including the management of staff practitioners * Coordinating with the client's tax and finance departments to gather data for tax return preparation * Assisting with strategic tax planning including researching federal tax law and drafting technical memos * Assisting with IRS audit defense The Team As global leaders in providing professional services to the Investment Management industry, Deloitte Tax LLP works with clients to address a range of critical issues brought on by regulatory changes, competition, globalization, advances in technology, and the changing demands of their investors/customers. Our US tax industry group is comprised of more than 1,400 partners, principals, and employees providing a spectrum of tax services to a broad range of Investment Management companies. Our clients include investment advisers and administrators from every sector of the industry, including hedge funds, private equity, alternative products, family offices, mutual funds, broker-dealers, banks, insurance companies, and other investment managers. Qualifications Required: * 1+ years' experience providing tax planning services or preparing and reviewing client work papers and income tax returns * Bachelor's degree in accounting, finance, or other business-related field * Certified or in the process of obtaining a CPA, enrolled agent, or other appropriate certification * Demonstrated basic understanding of Subchapter K, financial products, wash sale and constructive sale rules, as well as familiarity with aggregate allocations * Travel up to 25% (While 25% of travel is a requirement of the role, due to COVID-19, non-essential travel has been suspended until further notice. * Limited immigration sponsorship may be available Preferred: * Previous Big 4 experience * Experience working in a fast-paced, team environment * Strong verbal and written communication skills * Knowledge of fund accounting and general ledger accounting fsitax Recruiting tips From developing a stand out resume to putting your best foot forward in the interview, we want you to feel prepared and confident as you explore opportunities at Deloitte. Check out recruiting tips from Deloitte recruiters. Benefits At Deloitte, we know that great people make a great organization. We value our people and offer employees a broad range of benefits. Learn more about what working at Deloitte can mean for you. Our people and culture Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our client most complex challenges. This makes Deloitte one of the most rewarding places to work. Learn more about our inclusive culture. Professional development From entry-level employees to senior leaders, we believe there's always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career. As used in this posting, "Deloitte" means Deloitte Tax LLP, a subsidiary of Deloitte LLP. Please see for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law. Deloitte will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws. See notices of various ban-the-box laws where available. Requisition code: 67199 Deloitte Philadelphia PA

Financial Services - Private Fund Formation

Dechert LLP