Career Associate, Asset Management

Ropes & Gray LLP; San Francisco (CA); Hybrid; USD 290,000 - 375,000; Full time

Job summary

Ropes & Gray is seeking an experienced Career Associate to support the Asset Management Practice Group, focusing on asset management, private equity, investment funds, fund management, and related transactional and governance matters primarily for one of the firm’s largest private equity clients.

The Career Associate in this position will serve as a dedicated legal resource for a high-volume client workflow and supports fund formation, co-investments, management company matters, transfer

Qualifications

• Experienced attorney with deep knowledge of asset management and private equity.
• Ability to work independently and build trusted client relationships.
• Experience with fund formation, co-investments, management company matters, and transfer documentation.

Responsibilities

• Provide day-to-day legal support for fund operations, including confidentiality agreements, intercompany agreements, and related asset management matters.
• Draft, review, and negotiate transfer agreements and related documentation for fund interests, including transfer consents and related due diligence materials.
• Support management company and general partner entity matters, including organizational documents, internal economic arrangements, award agreements, and vesting schedules.
• Coordinate with legal, finance, tax, compliance, management, and investor relations teams to implement transactions accurately and maintain clear records.
• Manage a steady pipeline of recurring matters, track deliverables and deadlines, and maintain organized records, templates, and workstreams.
• Identify opportunities to improve forms, build precedent resources, streamline repeatable workflows, and reduce legal and operational risk.
• Apply sound legal judgment, strong drafting skills, and practical project management to deliver accurate work in a fast-paced asset management environment.

Job description

Ropes & Gray is seeking an experienced Career Associate to support the Asset Management Practice Group. This full-time position focuses on asset management, private equity, investment funds, fund management, and related transactional and governance matters primarily for one of the firm’s largest private equity clients.

The Career Associate in this position will serve as a dedicated legal resource for a high-volume client workflow and supports fund formation, co-investments, management company matters, transfer documentation, upper-tier carried interest grants, and related fund operations.This role suits an experienced attorney who can work independently, driven to build trusted client relationships, and possesses deep subject matter knowledge of a sophisticated investment platform.

This position offers a hybrid work arrangement with periodic in-office or client-facing presence.

Key Responsibilities

• Provide day-to-day legal support for fund operations, including confidentiality agreements, intercompany agreements, and related asset management matters.
• Draft, review, and negotiate transfer agreements and related documentation for fund interests, including transfer consents and related due diligence materials.
• Support management company and general partner entity matters, including organizational documents, internal economic arrangements, award agreements, and vesting schedules.
• Coordinate with legal, finance, tax, compliance, management, and investor relations teams to implement transactions accurately and maintain clear records.
• Manage a steady pipeline of recurring matters, track deliverables and deadlines, and maintain organized records, templates, and workstreams.
• Identify opportunities to improve forms, build precedent resources, streamline repeatable workflows, and reduce legal and operational risk.
• Apply sound legal judgment, strong drafting skills, and practical project management to deliver accurate work in a fast-paced asset management environment.

Compensation

In accordance with the State’s Pay Transparency Law the anticipated pay range for this position is $290,000 to $ 375,000, which represents our good faith and reasonable estimate of the starting salary range at the time of posting. In addition, this role is eligible for a discretionary, year-end bonus.

Equal Opportunity Statement

Ropes & Gray is committed to a policy of equal employment opportunity in all its employment practices and does not discriminate against any individual working at the firm, employee or applicant for employment, on grounds of race, creed, color, religion, sex, gender, pregnancy or pregnancy-related condition, sexual orientation, gender identity or expression, genetic information, citizenship status, domestic violence victim status, work authorization status, national origin, ancestry, age, medical condition, physical or mental disability, prior arrest or conviction record, familial status, marital status, military or veteran status, retaliation, or any other factor prohibited by applicable law.

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