General Counsel

Pharo Management

$250K — $300K *
Legal & Accounting
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • 7-10 years' experience in a hedge fund legal department or hedge fund law practice.
  • Detailed knowledge of the Investment Advisers Act of 1940 and related regulations.
  • Proficiency with European fund regulations including AIFMD and MIFID II.
  • Strong grasp of corporate laws in Delaware and New York, along with relevant sanctions knowledge.
  • Excellent writing and communication skills for effective legal documentation.
  • Experience with third-party due diligence and investment delegation requirements.

Responsibilities

  • Collaborate with senior partners to promote firm culture and vision.
  • Draft and manage fund governing documents and investor agreements.
  • Negotiate complex financial agreements with banks and brokers.
  • Establish firm-wide legal documentation standards for consistency.
  • Advise on litigation, regulatory issues, and governance matters.
  • Oversee relationships with outside legal counsels in various jurisdictions.
  • Manage corporate governance processes for fund boards.

Benefits

  • Opportunity to work closely with existing General Counsel until June 2027.
  • Long-term career advancement as sole General Counsel post-2027.
  • High level of involvement in firm management and strategy development.
  • Diverse legal responsibilities spanning multiple jurisdictions.
  • Collaborative and dynamic firm culture focused on vision and values.
Full Job Description
Job Description

General Counsel

Job Description:

We are looking for a General Counsel to join our legal team in our New York office. The successful candidate will work in parallel with our existing General Counsel until June 2027 and will then assume the role of sole General Counsel upon the incumbent's retirement. Responsibilities will include:
  • Ability to become actively involved in all operational aspects of firm management to promote culture and vision of senior partners.
  • Responsible for preparation, implementation, and interpretation of fund governing documents, for fund and investment level structuring, for managing fund closing processes and for negotiation and execution of investor subscription and side letter documentation.
  • Drafting and negotiating agreements with banks and brokers, including ISDA Master Agreements and Schedules, Credit Support Annexes, Global Master Repurchase Agreements, Cleared Derivatives Execution Agreements, Prime Broker Agreements and Custody Agreements.
  • Develop and maintain firm-wide legal documentation standards to ensure consistent practices across all firm contracts and fund investments.
  • Advise senior partners on litigation, regulatory, governance and transactional matters.
  • Manage relationships with outside counsel, including US, UK and Cayman.
  • Manage corporate governance process for funds including frequent interaction with fund directors and managing quarterly board of directors meeting.
  • Forming, liquidating and dissolving domestic and foreign corporations, limited liability companies and limited partnerships; drafting notices and resolutions and attending generally to corporate governance matters.
  • Work with senior management on insurance, intellectual property, data privacy, and work with CAO on employment matters.
  • Work with the Compliance Department on various matters such as:
  • Interface with regulators during examinations.
  • Evaluation of MNPI facts and circumstances to determine restrictions and course of actions.
  • Identification and disclosure of conflicts of interest.

Required qualities/experience:
  • Detailed knowledge of the Investment Advisers Act of 1940 and the rules regulating investment advisers. Knowledge of investment advisory requirements pursuant to FCA, HK SFC, and CPO requirements pursuant to CFTC and NFA.
  • Proficiency with the Alternative Investment Fund Managers Directive of the EU (and its counterpart in the UK) and MIFID II.
  • Proficiency with the Investment Company Act of 1940 and the Securities Act of 1933, and familiarity with ERISA and federal income tax principles as they relate to private funds and private fund advisers.
  • Proficiency with Delaware and New York corporate, LLC and partnership laws.
  • Knowledge of applicable sanctions and actions on investments.
  • Understanding of third-party due diligence requirements including required contractual terms when third party is delegated regulatory functions.
  • Strong writing and communication skills.
  • 7-10 years' experience in hedge fund legal department or hedge fund practice of a law firm.

Pay Range in New York:
  • Exact compensation may vary based on skills, experience, and location.
  • Base salary- $250,000-300,000/year.

Work status and location:
  • Full time in New York.

Similar Jobs

More Jobs at Pharo Management

  • General Counsel
    $250K — $300K *
    New York, NY 10025 (New York County)
    Legal & Accounting
    In-Person
  • Trading Assistant
    $90K — $125K *
    New York, NY 10025 (New York County)
    Finance & Insurance
    In-Person
  • Full Stack Developer
    $175K — $200K *
    New York, NY 10025 (New York County)
    Information Technology
    In-Person

More Legal & Accounting Jobs

Find similar General Counsel jobs: