Venture Capital Attorney

Ascendion; New York (NY); Vor Ort; USD 250.000 - 350.000; Vollzeit

Benefits dieser Stelle

Medical benefits

Dental benefits

Flexible schedule

PTO

Vacation time

Zusammenfassung

Ascendion is seeking a seasoned funds attorney to draft and negotiate limited partnership agreements, operating agreements, private placement memoranda, subscription documents and related side letters. You will structure fund entities, blockers, GP management companies and waterfall mechanics while advising sponsors on economics and governance.

Requirements include NY admission, 7+ years in a law firm focused on investment funds, and strong drafting, negotiation and communication skills to run

Qualifikationen

• Admitted and in good standing in a U.S. state bar; New York admission.
• 7+ years of law firm experience in investment funds, including fund formation and investor negotiation.
• Knowledge of Securities Act private offering exemptions, Investment Company Act exclusions, and Investment Advisers Act registration and exemptions.
• Strong drafting, negotiation and communication skills; ability to run several fund launches and closings simultaneously.
• Experience with private credit or specialty finance funds, warehouse or forward flow vehicles, and bankruptcy-remote SPVs.
• Experience with management company and GP-level economics, including carry vesting and co-invest allocation.

Aufgaben

• Draft and negotiate limited partnership agreements, operating agreements, private placement memoranda, subscription documents and side letters
• Structure fund entities, parallel and feeder vehicles, blockers, general partners and management companies, including carried interest and distribution waterfall mechanics
• Advise sponsors on economic terms and on governance, key person, removal and successor fund provisions
• Work with the finance and corporate teams on portfolio investments and on the facilities that finance fund and SPV assets
• Run investor onboarding and subscription processes and coordinate closings on fund raises

Kenntnisse

Drafting

Negotiation

Communication

Ausbildung

Bar admission (US, NY)

Jobbeschreibung

Responsibilities:

• Draft and negotiate limited partnership agreements, operating agreements, private placement memoranda, subscription documents and side letters
• Structure fund entities, parallel and feeder vehicles, blockers, general partners and management companies, including carried interest and distribution waterfall mechanics
• Advise sponsors on economic terms and on governance, key person, removal and successor fund provisions
• Work with the finance and corporate teams on portfolio investments and on the facilities that finance fund and SPV assets
• Run investor onboarding and subscription processes and coordinate closings on fund raises

Requirement:

• Admitted and in good standing in a U.S. state bar. New York admission
• 7+ years of law firm experience in investment funds, including fund formation and investor negotiation
• Working knowledge of the Securities Act private offering exemptions, the Investment Company Act exclusions, and Investment Advisers Act registration and exemption questions
• Strong drafting, negotiation and communication skills, and the ability to run several fund launches and closings at once
• Private credit or specialty finance funds, warehouse or forward flow vehicles, and bankruptcy-remote SPVs.
• Experience with management company and GP-level economics, including carry vesting and co-invest allocation

The annual salary for this position is between 250k-350k. Factors which may affect pay within this range may include geography/market, skills, education, experience and other qualifications of the successful candidate.

Full Benefits offered - Medical, Dental, etc. Flexible work schedule + PTO + Vacation time