GCM Grosvenor · 2 days ago
Legal Counsel - Fund Formation & Structuring
Chicago, IL
Full-time
Hybrid
Mid, Senior Level
$200K/yr - $275K/yr
3+ years expGCM Grosvenor is a sophisticated asset management platform seeking a Legal Counsel specializing in Fund Formation and Structuring. The role involves structuring, forming, and maintaining investment funds while ensuring legal and regulatory compliance across jurisdictions.
Asset ManagementBankingFinancial ServicesProfessional Services
Responsibilities
Lead or support the formation and ongoing maintenance of private funds, registered funds, and related investment vehicles; draft and negotiate LPAs, operating agreements, offering memoranda, and side letters
Collaborate with investment and product teams on new product launches, assessing legal structure, governance, and regulatory implications
Oversee preparation and negotiation of subscription agreements, side letters, and investor communications
Advise on issues under the Investment Company Act of 1940, the Investment Advisers Act of 1940, and related securities and commodities laws
Support fund board governance, periodic updates to offering documents, and investor reporting materials
Coordinate with external counsel to ensure efficient execution of fund-related initiatives
Serve as a trusted legal partner to internal stakeholders, balancing commercial goals with legal and regulatory requirements
Qualification
Required
J.D. from a top-tier law school; admitted to practice in Illinois
3–5 years of experience in a leading law firm's fund formation or investment management practice, or comparable in-house experience at an asset manager
Demonstrated experience drafting and negotiating fund documentation (e.g., LPAs, PPMs, side letters, subscription documents, IMAs)
Strong grasp of applicable U.S. securities laws, including the Advisers Act and Investment Company Act
Exceptional drafting, analytical, and communication skills, with the ability to translate complex legal concepts into clear business guidance
Strong project management skills with a proven ability to manage multiple priorities under tight deadlines
High integrity, sound judgment, and a proactive, collaborative mindset
Preferred
Familiarity with both private and registered fund structures preferred
Company
GCM Grosvenor
GCM Grosvenor is an investment management firm that specializes in hedge funds, private equity, real estate, and infrastructure investments.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
$195MKey Investors
Cantor Fitzgerald
2023-10-25Post Ipo Equity
2020-11-18IPO
2020-11-17Post Ipo Equity· $195M
Leadership Team
Michael Sacks
CEO
Pamela Bentley
Chief Financial Officer
Recent News
2026-01-09
2026-01-09
Company data provided by crunchbase