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NEW: In-House - Principal, Legal Counsel (Fund Formation)

McCormack Schreiber Legal Search
Chicago, IL Full Time
POSTED ON 2/20/2025
AVAILABLE BEFORE 5/19/2025

NEW : In-House – Principal, Legal Counsel (Fund Formation)

About the Position :

Our client, a global private markets investment manager, is actively seeking an attorney with 6-10 years of fund formation experience to join its Legal team in Chicago as Principal, Legal Counsel (Fund Formation). This established, employee-owned firm boasts a positive culture of collaboration and a commitment to professional development, with clients including leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide.

Highlights :

  • Excellent compensation and benefits
  • 100% employee-owned company
  • Named a best place to work for money management
  • Future opportunity for equity / ownership
  • Hybrid position (2 days in office)

Responsibilities :

  • Assist with the coordination, structuring, formation and negotiation of private equity / credit investment funds and separate accounts (primarily closed-end funds, but also registered funds)
  • Assist with management of corporate documentation, corporate contracting and other general legal matters
  • Oversee closing documentation and ensure compliance with company guidelines
  • Work closely with business units to identify and address legal and regulatory issues
  • Assist with and coordinate offerings, including overseeing documentation and regulatory filings associated with such offerings
  • Update policies and procedures as needed and prepare required documentation
  • Maintain internal records, checklists, spreadsheets, and other tracking devices
  • Perform other ad hoc projects as assigned

    • Required Qualifications :

  • 6-10 years of sophisticated fund formation experience in a law firm and / or in-house legal department
  • Experience with private investment fund formation and structuring
  • Experience advising general partners / management companies on matters related to fund formation and day-to-day operations transactions in fund formation
  • Private credit experience is a plus

    • Location :

    Chicago, IL (Hybrid); Local candidates only

    Compensation :

    The anticipated base compensation for this position is $300,000 – $325,000.

    Position Type

  • In-House Counsel

    • Employment Type

  • In-House

    • Practice Areas

  • Banking / Finance, Corporate / Securities

    • Job ID

  • 2358

    • J-18808-Ljbffr

    Salary : $300,000 - $325,000

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