EMPLOYMENT TYPE: Permanent
DEPARTMENT: Fund Services
DIVISION: Institutional Client Services
WORKPLACE STRUCTURE: On-site
ROLE OVERVIEWPURPOSE OF JOBThe AssistantGeneral Counsel at SALI will play a key role in advising on a wide range oflegal issues affecting the firm and its private funds. This position will focuson private fund formation and structuring, including responsibility fordrafting and reviewing offering documents. The role also requires expertisewith the Investment Advisers Act of 1940, as well as broad support onregulatory, compliance, and operational matters.
MAIN RESPONSIBILITIES AND DUTIES- Draft, review, and negotiate private fund formationdocuments, including private placement memoranda, limited partnershipagreements, subscription documents, and service provider contracts.
- Provide legal support throughout the fund formation,launch, and capital raising process, collaborating closely with business andoperations teams.
- Advise on ongoing fund management matters, includingtransactional support, side letters, investor communications, co-investmentarrangements, and relevant regulatory filings.
- Research, interpret, and ensure compliance with theInvestment Advisers Act of 1940 ("Advisers Act") as it pertains to investmentvehicles, operations, exemptions, and regulatory status. Preference will begiven to candidates with prior experience with the Investment Company Act of1940 ("'40 Act") and the Commodity Exchange Act of 1936 ("CEA").
- Support all aspects of U.S. and global regulatorycompliance, including SEC, CFTC, AML/KYC and other applicable regimes.
- Assist with LSTA- and LMA-financing and ISDA- andGMRA master trading documentation.
- Monitor and advise on changes in the legal andregulatory landscape impacting private funds, advisers, and the broaderindustry.
- Work with outside counsel as needed on specializedmatters or cross-border issues.
- Support broader legal and compliance initiatives forthe firm as assigned.
ESSENTIAL REQUIRMENTS - J.D. from an accredited law school and admission topractice in at least one U.S. jurisdiction.
- 4-8 years of legal experience, either in-house at anasset management firm or with a top law firm advising private fund clients.
- Significant experience drafting and negotiatingprivate fund offering and governing documents.
- Demonstrated expertise with U.S. securities laws andregulations governing funds and advisers, including the Securities Act of 1933,the Securities Exchange Act of 1934 and the Advisers Act and related regulatorymatters. Preference will be given to candidates with prior experience with CEAand '40 Act.
- Strong project management, analytical, andcommunication skills.
- Ability to work collaboratively across business,operations, and compliance teams in a fast-paced environment.
- Transactional experience with syndicated loans,derivatives and prime brokerage is a plus.
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