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

Requirements:

  • 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

Location(s)

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.

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Financial Services - Private Fund Formation

Dechert LLP