Allocate · 4 months ago
Fund Formation Attorney (Remote)
United States
Full-time
Remote
Mid, Senior Level
$160K/yr - $190K/yr
4+ years expAllocate is a company focused on long-term growth, and they are seeking a Fund Formation Attorney to support their legal team. The role involves providing comprehensive assistance with fund formation, regulatory compliance, and corporate governance matters.
FinanceFinancial ServicesImpact Investing
No H1B
Responsibilities
Fund Formation. Manage and assist with the formation of investment vehicles, including structuring, initial filings and incorporation, the preparation and review of fund documentation such as limited partnership agreements, private placement memoranda, and subscription documents
Regulatory Compliance. Monitor and maintain compliance with relevant laws, regulations, applicable filings, and industry standards applicable to registered advisers and private investment funds, including requirements under the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Securities Act of 1933, and related rules. Assist in the preparation and submission of regulatory filings, reports, and disclosures to regulatory authorities
Investments. Perform due diligence on both private fund investments and co-investments, negotiate terms and side letters
Investor Relations. Support investor onboarding, address legal inquiries and requests, including assisting in the review of subscription documentation, verification of client due diligence, and transfer requests
Document Management. Draft, review, and maintain legal documentation, including Form ADV, client agreements, and compliance-related materials
Internal Support. Collaborate with team members on various projects, providing legal support and contributing to the growth of Allocate
Qualification
Required
At least 4 years of fund formation experience, in-house or at a law firm
Strong understanding of the asset management industry and securities markets, as well as detailed knowledge of securities laws, rules and regulations that relate to investment advisers (e.g., the Investment Company Act of 1940, the Investment Advisers Act of 1940, the Securities and Exchange Act of 1934, the Securities Act of 1933, the Commodities Exchange Act, SEC rules). Understanding of the broker-dealer industry and related FINRA rules is a plus, as is experience with bank regulatory regimes
Willingness to be very hands-on and proactive in offering solutions; comfortable with, AI, technology and data
Strong organizational skills with the capability to manage multiple tasks and meet deadlines effectively, while maintaining keen attention to detail and accuracy in all work product
Excellent written and verbal communication skills, with the ability to interact professionally with clients and team members
Benefits
Medical
Dental
Vision
Responsible time off (RTO)
401k
Company
Allocate
Allocate provides a private markets platform that enables advisors and family offices to manage tailored investment portfolios.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
$60.8MKey Investors
Portage VenturesM13
2025-09-03Series B· $30.5M
2023-09-21Series Unknown· $10M
2022-05-04Series A· $15.3M
Leadership Team
Samir Kaji
CEO and co-founder
Recent News
Alternative Credit Investor
2026-01-07
Alternative Credit Investor
2026-01-07
Company data provided by crunchbase