About the Position:
Our client, a global private markets investment manager, is actively seeking an attorney with 8-15 years of fund formation experience to join its Legal team in Chicago as Principal, Legal Counsel (Fund Formation). This established, employee-owned firm boasts a positive culture of collaboration and a commitment to professional development, with clients including leading public and corporate pension plans, foundations, endowments, insurance companies, registered investment advisors, and high net worth individuals worldwide.
Local/Illinois attorneys please; no relocates.
Highlights:
· Excellent compensation and benefits
· 100% employee-owned company
· Named a best place to work for money management
· Future opportunity for equity/ownership
· Hybrid position (3 days in office)
Responsibilities:
· Assist with the coordination, structuring, formation and negotiation of private equity/credit investment funds and separate accounts (primarily closed-end funds, but also registered funds)
· Assist with management of corporate documentation, corporate contracting and other general legal matters
· Oversee closing documentation and ensure compliance with company guidelines
· Work closely with business units to identify and address legal and regulatory issues
· Assist with and coordinate offerings, including overseeing documentation and regulatory filings associated with such offerings
· Update policies and procedures as needed and prepare required documentation
· Maintain internal records, checklists, spreadsheets, and other tracking devices
· Perform other ad hoc projects as assigned
Required Qualifications:
· 8-15 years of sophisticated fund formation experience in a law firm and/or in-house legal department
· Experience with private investment fund formation and structuring
· Experience advising general partners/management companies on matters related to fund formation and day-to-day operations transactions in fund formation
· Private credit experience is a plus
Location:
Chicago, IL (Hybrid); Local candidates only
Compensation:
The anticipated base compensation for this position is $300,000 - $325,000.
About Us:
McCormack Schreiber Legal Search is Chicago’s leading legal search firm. We leverage our more than 30 years of experience in the Chicago legal market to assist attorneys and paralegals seeking new opportunities and employers searching for top legal talent.
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