Fund Formation Attorney
Allocate
Fund Formation Attorney
Allocate
full-time
Posted on:
Location Type: Hybrid
Location: San Francisco • California, Massachusetts, New York • 🇺🇸 United States
Visit company websiteSalary
💰 $160,000 - $190,000 per year
Job Level
Mid-LevelSenior
About the role
- As a member of Allocate’s legal team, you will play a dynamic and vital role in supporting Allocate’s long-term growth.
- You will be responsible for providing comprehensive assistance with fund formation, onboarding, fund filings, regulatory compliance, as well as corporate governance matters, and other legal activities.
- Fund Formation. Manage and assist with the formation of investment vehicles, including structuring, initial filings and incorporation, the preparation and review of fund documentation such as limited partnership agreements, private placement memoranda, and subscription documents.
- Regulatory Compliance. Monitor and maintain compliance with relevant laws, regulations, applicable filings, and industry standards applicable to registered advisers and private investment funds, including requirements under the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Securities Act of 1933, and related rules.
- Assist in the preparation and submission of regulatory filings, reports, and disclosures to regulatory authorities.
- Investments. Perform due diligence on both private fund investments and co-investments, negotiate terms and side letters.
- Investor Relations. Support investor onboarding, address legal inquiries and requests, including assisting in the review of subscription documentation, verification of client due diligence, and transfer requests.
- Document Management. Draft, review, and maintain legal documentation, including Form ADV, client agreements, and compliance-related materials.
- Internal Support. Collaborate with team members on various projects, providing legal support and contributing to the growth of Allocate.
Requirements
- At least 4 years of fund formation experience, in-house or at a law firm.
- Strong understanding of the asset management industry and securities markets, as well as detailed knowledge of securities laws, rules and regulations that relate to investment advisers.
- Understanding of the broker-dealer industry and related FINRA rules is a plus, as is experience with bank regulatory regimes.
- Willingness to be very hands-on and proactive in offering solutions;
- Comfortable with AI, technology and data.
- Strong organizational skills with the capability to manage multiple tasks and meet deadlines effectively, while maintaining keen attention to detail and accuracy in all work product.
- Excellent written and verbal communication skills, with the ability to interact professionally with clients and team members.
Benefits
- Medical
- Dental
- Vision
- Responsible time off (RTO)
- 401k
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
fund formationregulatory compliancedue diligencedocument managementinvestment vehicleslimited partnership agreementsprivate placement memorandasubscription documentsForm ADVclient agreements
Soft skills
organizational skillsattention to detailcommunication skillsproactive problem solvingteam collaborationclient interactiontime managementmultitasking
