Legal Counsel

New York, NY

Job Reference #1793

Our client, a $3B+ hedge fund with expanding fund offerings, is looking for a Legal Counsel to join their team in a #2 capacity under their GC/CCO. The team is seeking a 3rd or 4th year lawyer with ambition of overseeing an entire legal and compliance program. As the #2 within the organization, this hire will have incredible visibility to all levels of individuals within the 35 person firm and interact with investors, outside counsel, and other service providers. The job will focus around regulatory matters, fund formation and exposure to transactional legal work.

Key Points

  • Ability to join a reputable, successful hedge fund in a #2 capacity within the legal and compliance team
  • Opportunity to work in an environment that welcomes new concepts and ideas
  • Position will work with every single person in this 35 employee shop


  • Draft fund offering documents and other legal documents related to fundraising
  • Draft and review private fund offering materials, side letters, partnership agreements and other private fund legal documentation
  • Negotiate contracts and agreements related to the firm’s investments; provide sound legal suggestions of offering new and existing products and services
  • Coordinate with external counsel and investment group with efforts to launch new products
  • Assist with all aspects of the firm’s compliance program, including SEC filings and revisions to and implementation of the Compliance Manual policies and procedures
  • Advise IR/marketing group on marketing materials and investor communications; contribute to firm responses to RFPs and investor diligence exercises
  • Draft and review transaction contracts, non-disclosure agreements and other legal documentation
  • Negotiate and draft firm vendor agreements, assist with corporate governance projects and other corporate initiatives
  • Manage external counsel in respect of all of the foregoing, as appropriate; and perform ad hoc projects as needed
  • Collaborate with the Compliance Associate on compliance matters


  • JD required
  • 3rd/4th year law firm associate with a focus in fund formation work (if individual has had transactional exposure on top of fund formation work – that is ideal but not required)
  • Ability to work in a small team where the ‘no task too small’ mentality comes from the top – no egos
  • Self-sufficient and proactive
  • Must be able to work in a fast-paced environment; “everything here is fast and furious”
  • Desire to work in an entrepreneurial environment