Fund Finance Associate Attorney

Lateral Link; New York (NY); On-site; USD 235,000 - 390,000; Full time

Job summary

Cravath, Swaine & Moore in New York is hiring associates (2-6 years) for a lender-side fund finance practice. You will draft documents, not just tick boxes, on complex financings across asset classes.

The work covers subscription line and NAV facilities for private equity, credit, and secondaries funds, asset-backed lending, GP and management company financings, and derivatives layered onto fund financings.

Qualifications

• 2-6 years of fund finance, secured lending, structured finance, or derivatives experience.
• Reps drafting credit agreements, security documents, and related deal documents on complex financings.
• Real appetite for structured, non-template work.
• New York bar admission or eligibility.

Responsibilities

• Subscription line and NAV facilities for private equity, credit, and secondaries funds
• Asset-backed and secured lending across a range of fund and portfolio structures
• Hybrid and bespoke facilities, including GP and management company financings
• Derivatives and structured transactions layered onto fund financings

Skills

Fund finance

Structured finance

Credit agreements drafting

Deal documents

New York bar admission

Job description

NAV lending went from a niche product to the fastest-growing corner of fund finance in about three years, and the lender side associates who can paper a NAV facility from scratch are now scarcer than the deals.

A Global 100 firm with a market-leading fund finance practice is hiring associates (2-6 years) in New York. Cravath scale - $235K-$390K depending on class year.

You'd represent banks, alternative lenders, and investment vehicles on the lender side of highly structured, bespoke financings across asset classes - drafting the documents, not just running the checklist - in a group that's growing fast enough that mid-levels get real deal responsibility early.

The work includes:

• Subscription line and NAV facilities for private equity, credit, and secondaries funds
• Asset-backed and secured lending across a range of fund and portfolio structures
• Hybrid and bespoke facilities, including GP and management company financings
• Derivatives and structured transactions layered onto fund financings

What you bring:

• 2-6 years of fund finance, secured lending, structured finance, or derivatives experience
• Reps drafting credit agreements, security documents, and related deal documents on complex financings
• Real appetite for structured, non-template work
• New York bar admission or eligibility

What you get:

• A lender-side fund finance platform that keeps growing through the cycle, since sponsors need liquidity whether or not exits are happening
• A specialized, portable skill set with direct in-house paths at banks, credit funds, and secondaries managers
• Cravath scale ($235K-$390K depending on class year), plus bonus eligibility