New York/Chicago/Washington D.C.- Investment Management Group - Registered Funds Mid-Level Associate

Skadden, Arps, Slate, Meagher & Flom LLP; Chicago (IL); Hybrid; USD 310,000 - 390,000; Full time

Benefits offered by this job

Discretionary year-end bonus

Mentor program for lateral associates

Pro bono opportunities

Hybrid work model

Job summary

Skadden, Arps, Slate, Meagher & Flom LLP is seeking a mid-level associate to join its Investment Management Group in Chicago. This role involves advising on 1940 Act funds and business development company work. Candidates should have a strong academic record and relevant experience in investment management.

The position offers a salary range of $310,000 to $390,000 annually along with opportunities for mentorship. A hybrid work model is available, allowing flexibility in the work environment.

Qualifications

• Experience in 1940 Act registered funds and business development.
• High level of academic achievement preferred.
• Skills in advising on fund structuring and operations.

Responsibilities

• Join the Investment Management Group as a mid-level associate.
• Advise on the structuring and regulation of registered investment companies.
• Participate in an enhanced mentor program for lateral hires.

Skills

Investment management experience

Knowledge of 1940 Act registered funds

Business development acumen

Strong academic background

Education

J.D. from a peer firm

Job description

The Investment Management Group is looking for a mid-level associate (class of 2022-2020) with experience in 1940 Act registered funds and business development company work to join the team in either New York, Chicago or Washington, D.C.. High level of academic achievement and experience in the investment management group of a peer firm is preferred. The starting base salary for this position is expected to be between $310,000 to $390,000 annually. Actual salary will be determined based on skills, experience (to the extent relevant) and other job-related factors, consistent with applicable law. This position may be eligible for a discretionary year-end bonus. In addition, associates who join Skadden laterally participate in an enhanced mentor program, which specifically focuses on the unique needs experienced attorneys face during professional transitions.

Skadden's Investment Management Group advises funds, fund sponsors, underwriters and other service providers on the structuring, offering, operation, ongoing financing and regulation of registered investment companies, including closed-end funds, mutual funds and ETFs, and business development companies, for whose boards of directors we also provide corporate and regulatory advice. We have played a major role in key developments and innovations in the investment management arena, including advice with respect to listed and non-traded and privately offered closed-end funds and business development companies, rights offerings for closed-end funds, preferred stock and other leveraging strategies for closed-end funds and business development companies, and other types of emerging registered and regulated investment company structures and strategies. We work closely with our M&A colleagues on 1940 Act matters in connection with asset manager M&A transactions.

These efforts, along with our professional development and other Skadden benefits, including a hybrid work model*, offer a dynamic environment where all can shape their own career trajectories while contributing to groundbreaking legal work. We also have an extensive pro bono program that allows attorneys to devote, and receive credit for, time for myriad causes that spark their interests and matches those interests with the legal needs in the community.

*Our current hybrid work model consists of working Monday through Thursday in the office. Attorneys also receive the opportunity to work remotely for specified periods throughout the year.

EEO Statement

Skadden is an Equal Opportunity Employer. It does not discriminate against applicants or employees based on any legally impermissible factor including, but not limited to, race, color, religion, creed, sex, national origin, ancestry, age, alienage or citizenship status, marital or familial status, domestic partnership status, caregiver status, sexual orientation, gender, gender identity or expression, change of sex or transgender status, genetic information, medical condition, pregnancy, childbirth or related medical conditions, sexual and reproductive health decisions, disability, any protected military or veteran status, or status as a victim of domestic or dating violence, sexual assault or offense, or stalking.

Skadden will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance.