Managing Associate (Investment Funds)

Sidley Austin LLP; New York (NY); On-site; USD 310,000 - 390,000; Full time

Job summary

Sidley Austin LLP is seeking a Managing Associate (Investment Funds) in New York. You will advise on formation, offering, and operation of private investment funds, across jurisdictions, working under partners in the Investment Funds group.

The role requires a JD or LL.M. with 3 years in investment funds or corporate law, and involves supervising associates, advising on regulatory matters, and pursuing business-development opportunities.

Qualifications

• JD or LLM and 3 years' experience as Associate, Lawyer, or In-House Counsel in Investment Funds or Corporate Law.
• Experience advising on private funds and related regulatory matters.

Responsibilities

• Advise investment funds managers and institutional investors on formation, offering, structuring, operation and investments across jurisdictions.
• Supervise associates and specialists through fund formation, investment and transactional matters.
• Contribute to growth through client development and cross-marketing initiatives.
• Coordinate multi-jurisdictional due diligence and cross-border matters.

Skills

Fund formation & structuring

Private funds & alts

Cross-border securities law

Regulatory compliance

Client development

Education

JD or LLM in Investment Funds or Corporate Law

Job description

Job Title

Managing Associate (Investment Funds)

Location

787 Seventh Avenue, New York, NY 10019

Duties

Working under moderate supervision of partners, operate at a mid-level within the firm's Investment Funds group. Advise alternative investment managers, institutional investors, and other market participants on the formation, offering, structuring, operation, and investment in private investment funds and related investment vehicles across multiple jurisdictions. Provide counsel on private equity, private credit, hedge, hybrid, real asset, infrastructure, and other alternative investment strategies, including related regulatory and compliance matters. Supervise associates and specialists through all stages of fund formation, investment, and transactional matters. Participate in efforts to grow and expand the practice through client development, cross-marketing, and other business-generation initiatives.

Education + Experience Requirements

JD or LLM and 3 years' experience as Associate, Lawyer, or In-House Counsel in Investment Funds or Corporate Law

Special Skills

1. Advising alternative investment managers on the offering and formation of private equity funds, hedge funds, private credit funds, hybrid funds, and single investor funds in the U.S., Cayman Islands, and EU, and compliance with the Securities Act, 1940 Act, and Advisers Act, including advising non-U.S. (including Latin American) alternative asset managers on the structuring and launch of U.S.- and EU-domiciled fund platforms and on cross-border securities-law and Investment Company Act analyses.
2. Advising institutional investors, including sovereign wealth funds and pension funds, as well as secondaries funds, on commitments to private closed-end funds and the acquisition and sale of secondary interests, including representing secondary buyers as lead investor counsel in GP-led continuation vehicles (including single-asset and multi-asset CVs holding real estate and infrastructure portfolios), LP-interest acquisitions, and co-investment sleeves alongside continuation vehicles, and coordinating multi-party negotiations with sponsors, co-investors, and third-party counterparties.
3. Advising sponsors on the formation and launch of ESG and sustainable-infrastructure private funds, including structuring funds to qualify as Article 9 funds under the EU Sustainable Finance Disclosure Regulation (SFDR), and negotiating with development finance institutions and multilateral investors as anchor investors.
4. Advising managers and investors on private fund vehicles investing in real-asset and credit strategies, including residential mortgage and residential-credit platforms, real estate debt funds, hotel real estate, digital infrastructure, and energy/power infrastructure assets.
5. Advising on cross-border private equity, M&A, and strategic-alliance transactions involving Latin American targets and counterparties, including buy-side and sell-side representation across multiple economic sectors and coordination of multi-jurisdictional due diligence across Latin America.

Salary

$310,000-$390,000. Full benefits available. This position is not eligible for a referral or placement fee from any outside parties. (Our compensation package also includes bonus eligibility and a comprehensive benefits program. Benefits information can be foundhere.)