Legal & Compliance - Fund Formation Attorney, MD

Blackstone; New York (NY); On-site; USD 270,000 - 300,000; Full time

Benefits offered by this job

Health benefits (medical, dental, vision, FSA)

401(k) plan

Discretionary bonuses

Job summary

Blackstone in New York, NY seeks an experienced attorney in fund formation to provide legal advice throughout the fundraising lifecycle. The ideal candidate will manage junior attorneys, advise on LPAs, and ensure compliance with regulations. This role offers a substantial annual salary and a comprehensive benefits package.

A J.D. and preference for candidates admitted to the New York Bar are required. Applicants should have over 10 years of relevant experience and strong analytical skills.

Qualifications

• 10+ years of experience practicing fund formation law.
• In-house fund formation lawyer or from a law firm with a fund formation practice.
• Strong judgment and experience in managing complex matters.

Responsibilities

• Advise on fund formation legal issues and coordinate with stakeholders.
• Manage and develop junior attorneys.
• Ensure compliance with relevant regulatory considerations.

Skills

Fund formation law expertise

Analytical skills

Team-oriented approach

Communication skills

Cross-border fundraising experience

Education

J.D. from an accredited law school

Job description

Responsibilities

• Serve as one of the main point persons for fund formation legal advice across the fundraising lifecycle for Blackstone’s institutional fund products, including advising on investor-facing issues and leading coordination with outside counsel and business groups on capital formation and related fund matters
• Manage and develop junior attorneys and help prioritize, allocate and quality‑control work across fundraising and product initiatives
• Advise on the negotiation of LPAs, side letters, MFN elections, subscription documents, and other fund governing and offering documents
• Advise on LP experience and LP dynamics across fundraising and throughout the fund lifecycle, including helping Institutional Client Solutions and business teams anticipate and navigate investor priorities, managing precedent and MFN sensitivity, and shaping practical solutions and messaging that support long‑term LP relationships while protecting the firm
• Partner closely with Institutional Client Solutions, operations, business teams and L&C to drive execution on fund launches and investor negotiations, including coordinating stakeholder feedback, managing timelines, and navigating internal approvals and escalations
• Support LPAC matters, fund governance, amendments, and ongoing investor relations legal issues throughout the fund lifecycle
• Advise on regulatory considerations relevant to fund formation and capital raising, including matters arising under the Investment Advisers Act, Investment Company Act, ERISA and applicable securities laws
• Manage and mentor other lawyers
• Ensure compliance with securities licensing requirements as applicable

Qualifications

• 10+ years of experience practicing fund formation law
• In‑house fund formation lawyer or from a law firm with a fund formation practice
• Meaningful credit experience (e.g., private credit, structured products, NAV facilities, leverage and financing arrangements, or credit‑related fund terms) strongly preferred
• Experience with retail and open‑ended private funds is not required but would be very helpful
• Strong analytical skills with the experience to identify and proactively address legal risks in a practical, business‑oriented manner
• Collaborative team‑oriented approach, with sound judgment, discretion, and the experience to manage multiple complex matters simultaneously in a fast‑paced environment
• Excellent written and verbal communication skills, with the experience to distill complex legal issues for senior business stakeholders
• Experience with cross‑border fundraising, non‑U.S. investor structuring, and offshore fund vehicles is a plus
• Demonstrated experience managing and mentoring other lawyers
• J.D. from an accredited law school and admission in good standing to at least one U.S. state bar (New York preferred)

Compensation and Benefits

Expected annual base salary range: $270,000 - $300,000. Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, the posted salary bands do not apply and will follow a separate compensation process based on local market comparables.

Additional compensation and benefits include comprehensive health benefits (medical, dental, vision, FSA), paid time off, life insurance, 401(k) plan, discretionary bonuses, and potentially equity and other incentive compensation at Blackstone’s sole discretion.

Licensing Requirements

• May be required to obtain certain securities licenses if the role involves client‑facing duties such as attending meetings where Blackstone products and client questions are discussed, marketing Blackstone funds to clients, supervising or training licensed employees, structuring or creating Blackstone funds/products, and advising on marketing plans or materials.
• The above list is not exhaustive; licensing requirements may be determined on a case‑by‑case basis. Candidates should consult with Blackstone Recruiting for clarification.

Equal Opportunity Employment

Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training.