Fund Formation Associate (Junior/Mid-Level) – Los Angeles

Gunderson Dettmer; Los Angeles (CA); On-site; USD 235,000 - 390,000; Full time

Job summary

A leading law firm in California is seeking a junior or mid-level associate for its Fund Formation group in Los Angeles. The ideal candidate will focus on growth equity and venture capital fund formation, bringing prior experience from a top-tier law firm. Responsibilities include advising on securities laws, managing fund operations, and drafting legal agreements. The position offers a salary range of $235,000 to $390,000, depending on experience and qualifications.

Qualifications

• Must have a JD degree conferred between 2020 and 2024.
• Experience at a large law firm is required.
• Strong academic achievement is necessary.
• Preference for candidates licensed in California.

Responsibilities

• Advise funds on operations and prepare offering materials.
• Counsel fund managers on securities laws and regulatory matters.
• Handle general fund operations and compliance issues.

Skills

Experience in private investment funds

Familiarity with securities laws

Negotiation skills

Client counseling

Education

JD from a nationally recognized law school

Job description

We are searching for a junior or mid-level associate to join our Fund Formation group in our Redwood City, San Francisco, or Los Angeles offices. The ideal candidate for the fund associate position will have a strong desire to focus their practice on growth equity and venture capital fund formation and operations, and will have relevant experience in private investment funds or a similar group at a top-tier law firm. Experience representing venture capital, private equity, or growth equity funds, as well as ongoing investment firm operations matters and compliance with the Investment Company Act, the Investment Advisers Act, the Securities Act, and other regulatory requirements, is strongly preferred. Our Fund practice focuses on the structuring, formation, organization, and operation of venture capital, growth equity, and other private equity funds, as well as their general partner, management company, and related entities. This is a unique opportunity to become a key, client-facing member of an elite team that represents a predominant share of the leading growth equity and venture capital firms, both in the U.S. and internationally.

Job Responsibilities

• Advising funds in all stages of their operations, including preparing offering materials; drafting partnership, limited liability company and other governing agreements; negotiating with investors; and drafting side letters.
• Counseling fund managers on securities laws, structuring the acquisition and disposition of investments, and other tax and regulatory matters.
• Advising clients on general fund operations, including conflicts of interest; compliance matters; employment, consulting, and commercial relationships; the admission of new members to general partner and management company entities; separation agreements; and fund, general partner, and management company loans.

Job Requirements

• JD 2020 – 2024
• Previous large law firm experience required
• High level of academic achievement from a nationally recognized law school
• Strong preference for candidates who are already licensed to practice law in the State of California, as applicable, and in good standing

Salary Range

• $235,000 - $390,000