About this roleYour teamThe Private Funds Legal team supports BlackRock's global alternatives platform across a broad range of private investment funds. The team partners closely with investment, distribution and other business and support functions on the structuring, launch, governance and ongoing operation of private funds across multiple asset classes and jurisdictions.
Your role and impactAs a Private Funds Attorney, you will provide legal support across a diverse range of private fund products, including hedge funds, funds of funds and illiquid private markets strategies. The role offers extensive cross-functional engagement and exposure to senior leadership, with an increasing focus on secondaries transactions, expanding access through wealth channels and semi-liquid products. You will bring strong legal judgment and a practical, business-minded approach to complex legal and regulatory matters.
Your responsibilitiesIn every role at BlackRock, you'll be expected to apply sound judgement and critical thinking to solve complex problems, adapt as the business evolves, and combine the curiosity to explore new approaches and technologies with the rigor to challenge the results. The scope of this role also includes the following responsibilities:
- Support the structuring, formation, launch, governance and ongoing operation of private investment funds across BlackRock's global alternatives platform.
- Advise on a broad range of private fund structures, including hedge funds, funds of funds and illiquid private markets strategies.
- Draft, review, negotiate and interpret fund documentation, including complex fund agreements and investor side letters.
- Provide legal guidance on fund marketing and distribution matters across applicable jurisdictions and regulatory frameworks.
- Partner with business and support functions on complex, time-sensitive matters and develop practical solutions across BlackRock products and services.
- Support evolving strategic areas, including secondaries transactions, access to wealth channels and semi-liquid products.
Your experience- Juris Doctor (J.D.) degree and active admission to a U.S. state bar.
- Relevant legal experience in asset management or fund formation, gained within a major law firm, an investment management firm's legal department or the alternative investment division of an investment bank.
- Experience with private fund formation and demonstrated ability to draft, negotiate and interpret complex fund documents and side letters.
- Knowledge of applicable regulatory frameworks, including the U.S. Securities Act and Regulation D/Regulation S, the Investment Advisers Act of 1940 and the Alternative Investment Fund Managers Directive (AIFMD), as well as other U.S. and non-U.S. laws impacting privately offered funds.
- Experience with retail alternative products is preferred, particularly as private market strategies expand through wealth channels and semi-liquid structures.
- Strong legal judgment and analytical, written and verbal communication skills, with the ability to communicate sophisticated concepts clearly to colleagues at different levels.
- Demonstrated ability to manage multiple time-sensitive matters, coordinate across business and support functions, build strong working relationships and develop practical, business-minded solutions.
For New York, NY Only the salary range for this position is USD$190,000.00 - USD$250,000.00 . Additionally, employees are eligible for an annual discretionary bonus, and benefits including healthcare, leave benefits, and retirement benefits. BlackRock operates a pay-for-performance compensation philosophy and your total compensation may vary based on role, location, and firm, department and individual performance.
Our benefitsTo help you stay energized, engaged and inspired, we offer a wide range of benefits including a strong retirement plan, tuition reimbursement, comprehensive healthcare, support for working parents and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work modelBlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
Guidance on AI use for candidatesAt BlackRock, AI has long been part of how we work - enhancing decision-making, improving operations, and helping us deliver better outcomes for clients. We encourage candidates to use AI thoughtfully to learn, prepare, and work more effectively; but during our interview process, we want to focus on getting to know you through your own experiences, thinking, and judgment. To support you, we've provided
guidance on when and how to use AI during our hiring process so you can approach each step with confidence and showcase your best self.
