Legal Due Diligence Associate

Cambridge Associates LLC; Boston (MA); Hybrid; USD 105,000 - 112,000; Full time

Benefits offered by this job

Hybrid work environment

Performance bonus

Benefits package

Equal opportunity employer

Job summary

Cambridge Associates LLC in Boston is seeking a Legal Due Diligence Associate to review legal documents and contribute to the firm’s investment due diligence process across hedge funds, private equity and venture capital managers.

You will coordinate with research teams, prepare summaries of fund terms, and help draft due diligence reports while maintaining high standards of accuracy and timeliness in a hybrid work environment.

Qualifications

• Legal and investment industry experience required. JD preferred.
• 2-5 years of relevant work experience within the securities environment (hedge funds, mutual funds, private equity or venture capital) OR within a law firm as a paralegal OR 1-3 years of experience with an advanced degree
• Knowledge of investment vehicle structures and investment strategies; Familiarity with the mechanics around private fund operations.
• Excellent written and oral communication skills.
• Solution oriented with strong analytical skills and the appropriate level of skepticism and curiosity.
• Highly-organized and detail-oriented with the ability to prioritize multiple requests for information, while ensuring integrity, accuracy, completeness, and timeliness of data.
• Excellent interpersonal skills and an ability to work well with and instill confidence in clients and colleagues at various levels of seniority.
• Comfort working in a flat organizational environment.
• Ability to work both independently and in a team under time pressure, and show interest in learning and utilizing AI platforms.
• Positive, collegial, and professional, with the ability to collaborate effectively and contribute positively in a team-oriented environment.
• Ability to meet tight deadlines, adapt to changing responsibilities, and take initiative and ownership of work
• Willingness to operate in a hybrid work environment
• Candidates MUST be eligible to work in the US without sponsorship.

Responsibilities

• Work within a team conducting legal and operational due diligence on hedge fund, private equity and venture capital managers.
• Review investment fund organizational documents, including private placement memoranda, limited partnership agreements and articles of association.
• Prepare written summaries of fund terms and risks, identify key provisions of fund organizational documents, and outline related business and operational highlights and considerations.
• Coordinate with the investment due diligence research teams on investment manager business risk and operational due diligence reviews.
• Contribute to the due diligence reports and assist in the negotiations of terms.
• If appropriate, participate in manager meetings.
• Contribute to initial manager assessment process.
• Synthesize data and legal insight to prepare white papers and spreadsheets for internal research and external marketing purposes.

Skills

Legal research

Due diligence

Financial analysis

Communication

Team collaboration

Attention to detail

Time management

Education

JD or equivalent degree

Tools

Microsoft Office

Job description

Firm Overview

Cambridge Associates (“CA”) is a leading global investment firm. CA’s goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting. Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world. For more information, please visit www.cambridgeassociates.com.

Job Description Summary

The Legal Due Diligence Associate will be primarily responsible for reviewing legal documents and contributing to the firm’s investment manager investment due diligence process.

Job Description

Responsibilities

• Work within a team conducting legal and operational due diligence on hedge fund, private equity and venture capital managers.
• Review investment fund organizational documents, including private placement memoranda, limited partnership agreements and articles of association.
• Prepare written summaries of fund terms and risks, identify key provisions of fund organizational documents, and outline related business and operational highlights and considerations.
• Coordinate with the investment due diligence research teams on investment manager business risk and operational due diligence reviews.
• Contribute to the due diligence reports and assist in the negotiation of terms.
• If appropriate, participate in manager meetings.
• Contribute to initial manager assessment process.
• Synthesize data and legal insight to prepare white papers and spreadsheets for internal research and external marketing purposes.

Qualifications

• Legal and investment industry experience required. JD preferred.
• 2-5 years of relevant work experience within the securities environment (hedge funds, mutual funds, private equity or venture capital) OR within a law firm as a paralegal OR 1-3 years of experience with an advanced degree
• Knowledge of investment vehicle structures and investment strategies; Familiarity with the mechanics around private fund operations.
• Excellent written and oral communication skills.
• Solution oriented with strong analytical skills and the appropriate level of skepticism and curiosity.
• Highly-organized and detail-oriented with the ability to prioritize multiple requests for information, while ensuring integrity, accuracy, completeness, and timeliness of data.
• Excellent interpersonal skills and an ability to work well with and instill confidence in clients and colleagues at various levels of seniority.
• Comfort working in a flat organizational environment.
• Ability to work both independently and in a team under time pressure, and show interest in learning and utilizing AI platforms.
• Positive, collegial, and professional, with the ability to collaborate effectively and contribute positively in a team-oriented environment.
• Ability to meet tight deadlines, adapt to changing responsibilities, and take initiative and ownership of work
• Willingness to operate in a hybrid work environment
• Candidates MUST be eligible to work in the US without sponsorship.

Base salary range for this role: Pay Range Minimum: 105000 Pay Range Maximum: 112000. In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.

The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.

Since our founding in 1973, we have been a market leader in building diversified investment portfolios. With 13 offices around the globe and a world-class network of managers, we offer the scale, resources, and networks of a global firm, coupled with the trust, independence, and personal attention of a boutique firm.

Wherever you are in your career journey, we offer a wide range of opportunities and a truly collaborative, diverse environment.

Our work helps our clients do good in the world, and we embrace the opportunity to contribute to their positive impact.

If you need a reasonable accommodation during your application process, please submit a request to [e-mail] that includes your first and last name, email, and type of accommodation(s) requested. If you need a reasonable accommodation for an interview that is already scheduled, please consult with your recruiter.