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Princeton University

Research university in Princeton, NJ

University Counsel & Director of Investment Legal Services

Legal Counsel & Legal SupportConfirmed live in the last 24 hours
Full-time

About the Job

Requirements

  • Have at least 10 years of relevant legal practice experience in a law firm or in-house legal department, with extensive experience reviewing public and private investment fund documents.
  • Have a J.D. from an ABA-accredited law school and excellent academic credentials.
  • Be a licensed attorney in good standing, either licensed in New Jersey or willing and able to become licensed there.
  • Demonstrate outstanding judgment, the highest ethical standards, including close adherence to the Rules of Professional Conduct, and the capacity to deal effectively with a wide range of legal issues in the investment and asset management sector.
  • Have oral and written communication skills and willingness to engage in clear, transparent dialogue about legal and non-legal issues.
  • Have advanced problem-solving skills, resourcefulness, and a creative approach to resolving ambiguous, complex, and multi-variable problems.
  • Be intrinsically motivated and able to work independently, with meticulous attention to detail and strong organizational, project, and time-management skills; be responsive and able to manage multiple projects and prioritize competing needs.
  • Be committed to a team environment and collaborative cross-functional work, and able to perform effectively and collegially under pressure.
  • Have relationship-management skills and be able to balance a partnership-oriented style with strong legal representation of Princeton’s interests.
  • Have strong Microsoft Office skills and facility with other technology tools and systems, including emerging legal AI products, consistent with professional-conduct rules and University and OGC policies.
  • Successfully complete the University’s background check.
  • Be authorized to work in the United States on a full-time basis.

Responsibilities

  • Work closely with investment staff to lead legal review for investments in investment funds, primary investments, and co-investments; advise on legal and market terms at the term-sheet stage; review offering materials, including limited partnership agreements and private placement memoranda; prepare detailed comment memoranda with key business points and legal and due-diligence inquiries; negotiate issues with managers’ counsel; balance Princeton’s interests with a collaborative partnership dynamic; delegate review to outside counsel as needed; support investments in emerging managers, including sourcing and maintaining relationships with recommended third-party service providers and evaluating non-U.S. regulatory requirements.
  • Identify issues and consult with OGC attorneys, Princo’s Tax Director, and external tax, compliance, and derivatives counsel on unique, complex, or critical legal matters.
  • Research legal and compliance issues, particularly U.S. securities filings and compliance requirements; present findings and practical impacts to investment and operations teams; collaborate on new structural investment opportunities, compliance enhancements, and operational capabilities.
  • Lead legal review, negotiation, and execution of agreements with trading counterparties, including prime broker agreements, ISDAs, and collateral agreements, and agreements with service providers such as custodians and administrators; liaise with internal stakeholders and clients on contract terms, strategic enhancements, trading responsibilities, approvals, and queries; advise on compliance with contractual legal terms.
  • Counsel on legal assessment and implementation of Princo’s trading needs with operations colleagues and, as appropriate, other University departments.
  • Lead legal efforts for periodic review and opportunistic sale of illiquid investments, including serving as legal point person for Princo’s third-party advisor and investment staff, preparing portfolios for sale, supervising preparation and maintenance of legal materials for the data room, and coordinating negotiations and review of legal documentation with external counsel.
  • Collaborate with operations colleagues on initial and periodic operational due diligence of external investment managers.
  • Attend and contribute to weekly OGC attorney meetings.
  • Attend and contribute to Investment Committee meetings and weekly investment team meetings.
  • Maintain and update key terms and documentation templates; manage record-keeping and document databases for contracts under the attorney’s purview; ensure reports, policies, and procedures are regularly reviewed and updated in alignment with University policies.
  • Oversee staff compliance with Princo’s personal trading policies.
  • Identify and implement process efficiencies and training opportunities; arrange or provide training to the Princo team in coordination with other OGC attorneys.

Desired Qualifications

  • Experience at an investment office of a university, foundation, or other nonprofit, or at an asset management firm.

About the Company

Princeton University

Research university in Princeton, NJ

Princeton University is an independent research university in Princeton, New Jersey. It emphasizes undergraduate and doctoral education alongside scholarship, research, and teaching.

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