Galaxy Digital LP

Asset Management Counsel

Galaxy Digital LP$150K — $225K *
Legal & Accounting
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum of 3-7 years' experience in asset management legal issues, focusing on fund formation and compliance.
  • Background in a large law firm's private investment funds group or in-house asset management.
  • Strong understanding of regulatory frameworks including the Investment Advisers Act of 1940 and SEC rules.
  • Familiarity with fund structuring for diversified fund types like private funds, ETFs, and '40 Act funds.
  • Proficient in navigating complex transactions and managing multiple stakeholders.
  • Interest in digital assets and related legal implications required; experience is a plus.
  • Active membership in the NY state bar.

Responsibilities

  • Draft and review fund formation documents and side letter agreements with limited partners.
  • Coordinate legal diligence with external counsel and negotiate new investment agreements.
  • Advise on ongoing fund management issues, including limited partner communications and fund disclosures.
  • Assist compliance team concerning legal matters related to fund formation and maintenance.
  • Collaborate with Venture Counsel on private venture investments and regulatory aspects of asset management products.
  • Champion the adoption of AI tools to enhance team performance and productivity.
  • Leverage AI platforms to improve decision-making and work quality.

Benefits

  • Hybrid and flexible working arrangements.
  • Flexible paid time off.
  • 401(k) company contribution of 3%.
  • Comprehensive health benefits for employees and dependents.
  • Generous paid parental leave.
  • Family planning benefits for US employees.
  • Opportunities for learning and growth in the crypto industry.
  • Collaborative work environment with entrepreneurial colleagues.
  • Daily snacks and regular team meals provided.
  • Access to free wellness coaching through Headspace.
Full Job Description
Who You Are:

As asset management counsel you will join an experienced and collaborative Legal team to primarily work on supporting the Galaxy Asset Management team. You will support the legal and compliance functions of Galaxy Asset Management across the full spectrum from formation, launch and management of private funds to the investments pursuant to which such funds deploy client capital. The ideal hire should have at least three to five years of experience at a large law firm's private investment funds group or in-house on asset management legal issues, fund formations, private venture-style investments, hedge funds and other active and passive investing strategies.

What You'll Do:
  • Draft, review and execute on fund formation documentation, including entity formation, governance documentation, subscription documentation, and bespoke side letter agreements with limited partners
  • Coordinate with external legal counsel, where applicable, as well as internal portfolio managers and sales teams on legal diligence, negotiation and execution of new investment opportunities
  • Advise internal stakeholders with respect to ongoing fund management matters, such as limited partner outreach, limited partner advisory committee (LPAC) management, updates to fund disclosure and offering documentation as needed and liquidations of funds following the conclusion of applicable investment periods
  • Assist Galaxy Asset Management's Chief Compliance Officer and compliance team on legal matters relating to the formation and maintenance of Galaxy Asset Management funds and products
  • While the bulk of this role is expected to primarily focus on fund and product-level matters, there will be opportunities for the right candidate to work with and alongside Venture Counsel in the diligence, negotiation and execution of private venture investments made by the various investing teams within Galaxy Asset Management, as well as other matters relating to asset management products, such as regulatory review and advising with respect to crypto-relevant issues and new asset management products
  • Embrace and champion the thoughtful adoption of AI to improve team performance and business outcomes.
  • Leverage AI tools (e.g., generative AI, automation platforms, data copilots) to improve productivity, decision-making, and output quality in your day-to-day work.

What We're Looking For:
  • The ideal candidate will be highly organized, have meticulous attention to detail and a demonstrated ability to produce high quality work product in a fast-paced, high-volume environment where multiple projects may be active simultaneously
  • Minimum 3-7 years of relevant prior experience with a large law firm or in-house in a funds formation or asset management counsel capacity
  • Experience and knowledge with legal issues present for asset managers and Registered Investment Advisors, including the Investment Advisers Act of 1940, applicable SEC rules and regulations, fund structuring (onshore and offshore), conflict of interest management and allocation of investment opportunities across multiple funds and fund types including private funds, ETFs and '40 Act funds
  • Ability to navigate and manage transactions involving multiple parties, financial structures and unique terms and conditions
  • Interest in issues relating to digital assets is required; experience and/or prior knowledge in the space is a plus
  • Highly motivated, self-starter who takes initiative.
  • Positive attitude, and willingness to roll up sleeves (no job too big, no job too small).
  • Collaborative team member with a high level of professionalism and outstanding business judgment.
  • Excellent written and oral communication skills.
  • Active membership in the NY state bar

What We Offer:
  • Competitive base salary and discretionary bonus
  • Hybrid/Flexible Working Arrangements
  • Flexible Time Off (paid)
  • 3% 401(k) company contribution
  • Company-paid health and protective benefits for employees, partners, and other dependents
  • Generous paid Parental Leave
  • Competitive family planning benefits for US employees
  • Opportunities to learn about the Crypto industry
  • Smart, entrepreneurial, and fun colleagues
  • Free daily snacks and weekly breakfasts/lunches
  • Employee Resource Groups
  • Free coaching and counseling sessions through Headspace

Apply now and join us on our mission to engineer a new economic paradigm.

The base salary ranges included below will be commensurate with candidate experience, expertise and local market. Final offer amounts are determined by multiple factors, including candidate experience and expertise. At Galaxy, we maintain a total compensation philosophy which consists of a competitive base salary, annual bonus, and equity incentives.

Base Salary Range

$150,000-$225,000 USD

About Galaxy Digital LP

Galaxy Digital was a radio station broadcasting through the digital platform across the United Kingdom and was owned by Global Radio. It primarily broadcast in areas where Galaxy was not represented on FM, such as London, Leicester, Nottingham, and Derbyshire. It also formerly broadcast in Central Scotland, until the relaunch of Xfm Scotland as Galaxy Scotland, at which point Galaxy Digital on DAB was replaced with a relay of Xfm London. The digital station was a 'sister' radio station to the local Galaxy Network services in various areas. The digital service was broadcast largely from the Galaxy Yorkshire studios, and much of the content networked across the group came from this location. Since Monday 21 January 2008, Galaxy Digital was changed from its own dedicated service to broadcast almost entirely as a direct relay of Galaxy Yorkshire, though the 'Across Yorkshire' on-air tagline was replaced by 'Across the UK' on the digital service.. Since Friday 21 March 2008, the radio station changed their 'Passion for Music, Passion for Life' strap-line slogan to 'Love Music' ; the tagline changed again in 2010 to "The UK's Number One Hit Music Station" in preparation for the impending Capital relaunch.
Learn more about Galaxy Digital LP
Size
80 employees
Industry
NASDAQ

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