Associate, Funds – Edinburgh / Hybrid

Frasia Wright Associates; City of Edinburgh; Hybrid; GBP 85,000 - 110,000; Full time

Benefits offered by this job

Hybrid working arrangements

Competitive salary and benefits

Job summary

An Edinburgh-based leading international law firm seeks an Associate to join its Investment Funds team. The role offers exposure to fund structuring, formation, investor due diligence, regulatory matters and wider corporate transactions in the asset management sector.

This role is well-suited to a lawyer with approximately 2–5 years’ PQE, with strong drafting skills, commercial awareness and the ability to work independently where appropriate.

Qualifications

• 2–5 years’ PQE in investment funds or related areas.
• Strong drafting skills and commercial awareness.
• Ability to work independently and collaboratively.

Responsibilities

• Draft and negotiate fund documentation, including LPAs and side letters.
• Prepare documentation for new fund managers or advisers, incl. shareholder/LLP agreements.
• Review fund materials for institutions and produce client-focused due-diligence reports.
• Draft and negotiate investment management and service provider contracts.
• Contribute to capital markets work for listed funds, including IPOs and fundraisings.
• Develop specialist expertise across transactional and advisory funds work.
• Maintain and grow client relationships while supporting business development.
• Collaborate with funds, regulatory and corporate teams to deliver high-quality service.

Job description

A leading international law firm is seeking an Associate to join its Edinburgh‑based Investment Funds team. The team advises a broad range of asset managers—from large institutions to emerging firms—and a variety of investor clients, including pension funds, insurers, and banks.

This role sits within the firm’s corporate division and offers exposure to a broad range of UK and international funds work. Working as part of a collaborative, globally connected team, the successful candidate will assist with fund structuring, fund formation, investor due diligence, regulatory matters, and wider corporate transactions in the asset management sector.

Key Responsibilities:

• Draft and negotiate fund documentation, including limited partnership agreements, side letters, and related fund materials.
• Prepare documentation for the establishment of new fund managers or advisers, including shareholder and LLP agreements.
• Review fund materials for institutional investors and prepare clear, client‑focused due‑diligence reports.
• Draft and negotiate investment management agreements, administration agreements, and other service provider contracts.
• Contribute to capital markets work for listed funds, including IPOs, follow‑on fundraisings, and schemes of arrangement.
• Develop specialist expertise across both transactional and advisory investment funds work.
• Maintain and grow client relationships while supporting business development and thought leadership initiatives.
• Collaborate with colleagues across the funds, regulatory and corporate teams to deliver high‑quality client service.

This role is well‑suited to a lawyer with approximately 2–5 years’ PQE, although applications from more senior candidates will be considered. Strong experience in private and/or listed funds work is essential, along with excellent drafting skills, commercial awareness, and the ability to work independently where appropriate.

The successful candidate will join a globally recognised firm offering high‑quality work, international exposure, and the chance to develop specialist funds expertise. The firm supports professional growth through structured development opportunities and values a collaborative, inclusive working culture. A competitive salary and benefits package is offered, along with hybrid working arrangements.