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BlackRock

Runs investment funds and sells risk software

Vice President - Private Funds Legal Counsel

Legal Counsel & Legal SupportPosted on Nov 11
Full-timeNew York, NY, USA

About the Job

Requirements

  • A Juris Doctor (J.D.) degree and active admission to a U.S. state bar are required.
  • Relevant legal experience in asset management or fund formation, gained within a major law firm, an investment management firm’s legal department, or the alternative investment division of an investment bank is required.
  • Experience with private fund formation and the ability to draft, negotiate, and interpret complex fund documents and side letters are required.
  • Knowledge of applicable regulatory frameworks is required, including the U.S. Securities Act and Regulations D and S, the Investment Advisers Act of 1940, the Alternative Investment Fund Managers Directive, and other U.S. and non-U.S. laws affecting privately offered funds.
  • Strong legal judgment and analytical, written, and verbal communication skills are required, including the ability to communicate sophisticated concepts clearly to colleagues at different levels.
  • The ability to manage multiple time-sensitive matters, coordinate across business and support functions, build strong working relationships, and develop practical, business-minded solutions is required.

Responsibilities

  • Support the structuring, formation, launch, governance, and ongoing operation of private investment funds across the global alternatives platform.
  • Advise on private fund structures, including hedge funds, funds of funds, and illiquid private markets strategies.
  • Draft, review, negotiate, and interpret fund documentation, including complex fund agreements and investor side letters.
  • Provide legal guidance on fund marketing and distribution matters across applicable jurisdictions and regulatory frameworks.
  • Partner with business and support functions on complex, time-sensitive matters and develop practical solutions across products and services.
  • Support strategic areas including secondaries transactions, access to wealth channels, and semi-liquid products.

Desired Qualifications

  • Experience with retail alternative products is preferred, particularly as private market strategies expand through wealth channels and semi-liquid structures.

About the Company

BlackRock

Runs investment funds and sells risk software

BlackRock manages money for pension funds, governments, insurers, and everyday savers, and sells the software it uses to run those investments to other firms. In 2009, its purchase of Barclays Global Investors brought in the iShares fund family and made BlackRock the world's largest asset manager. Its iShares exchange-traded funds trade like stocks and mostly track market indexes, while its private funds lend to companies and invest in infrastructure and real estate. BlackRock charges a yearly fee on the money it manages, and banks, insurers, and other investors pay to use Aladdin, its system for measuring risk and running portfolios. Larry Fink and seven partners founded BlackRock in 1988, and it is based in New York City.

Company size
10,001+
Company stage
IPO
Headquarters
New York City, New York
Founded
1988

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