New York Life Investments · 1 week ago
Assistant General Counsel, Private Capital Attorney
Pennsylvania, United States
Full-time
Hybrid
Senior Level
$180K/yr - $258K/yr
5+ years expNew York Life Investments is seeking a Private Capital Attorney to join the Office of the General Counsel. This role involves providing legal guidance on private funds, overseeing limited partnership fund investments, and collaborating with diverse business units to optimize efficiency and sound business practices.
FinanceFinancial ServicesManagement Consulting
Responsibilities
Oversee limited partnership fund investments in US and EU private leveraged buy-out, secondary, distressed, venture, infrastructure, and credit funds including document review and negotiation of side letters with sponsors
Review and advise the investment team on amendment and consent requests for investments
Lead non-control equity co-investments in sponsor backed portfolio companies
Review, draft and negotiate private fund vendor agreements and placement agent agreements
Create and update manager obligations playbooks and fact sheets for Apogem proprietary funds
Assist with formation of Apogem proprietary funds, including drafting and coordination of PPMs, limited partnership agreements, onboarding investors, negotiation of side letter agreements, and other related documentation
Identify and resolve Advisers Act matters applicable to management of advisory clients
Support entity management and governance of domestic and offshore vehicles including licensing/registration requirements and overseas marketing (e.g., AIFMD compliance)
Qualification
Required
Minimum of 5 years of experience focused on private funds including substantial experience in equity co-investments, primary and secondary limited partnership investments, venture equity investments, and primary investments in venture funds
Experience with registered alternatives funds and private credit welcome
Recognized as a subject matter expert on private investment funds matters
Excellent interpersonal, writing, presentation skills and the ability to communicate complex legal issues effectively and concisely
Anticipates internal and external business challenges and/or regulatory issues
Displays conceptual and innovative thinking and a willingness to work through complex issues and problems as part of a collaborative team
Ability to collaborate with cross-functional teams including finance, operations, and compliance
Demonstrated affinity for process building and capacity to recommend process, product or service improvements in pursuit of continuous improvement
Highly organized, able to handle multiple projects at one time with attention to detail and focus on excellence
Possesses initiative, dependability and motivation
In-depth understanding of the Investment Advisers Act; experience with the Investment Company Act a plus
JD Degree required
Admitted to practice in New York required
Preferred
In-house investment firm experience and/or registered fund experience a plus
Benefits
Leave programs
Adoption assistance
Student loan repayment programs
Company
New York Life Investments
New York Life Investments is comprised of the global asset management businesses of our parent company, New York Life Insurance Company.
501-1000 employees
Funding
Current Stage
Late StageLeadership Team
Marta Hansen, MBA, CPA
Chief Financial Officer- Director & FINOP
Debbie Vince
VP DCIO West Region
Recent News
globallegalchronicle.com
2024-02-09
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