Full-Time

Legal Counsel

Credit Funds, Client Role

Posted on 9/9/2026

Arootah

Arootah

Compensation Overview

$200k - $225k/yr

New York, NY, USA

Hybrid

Hybrid work arrangement in New York.

JD

Category
Legal (1)
Required Skills
Risk Management
Requirements
  • Four to six or more years of relevant legal experience at a law firm, investment manager, or combination of both.
  • Juris Doctor degree from an accredited law school and admission to at least one United States state bar.
  • Experience advising investment managers, private funds, registered funds, or alternative investment strategies.
  • Strong understanding of private fund formation, investment documentation, and ongoing fund operations.
  • Familiarity with Securities and Exchange Commission requirements and regulatory compliance applicable to registered investment advisers.
  • Strong drafting, negotiation, analytical, and communication skills.
  • Ability to operate independently and provide practical, business-oriented legal advice to investment professionals and senior stakeholders.
Responsibilities
  • Serve as an in-house legal resource to investment, operations, compliance, and other business teams.
  • Advise on regulatory matters involving the Investment Advisers Act, Investment Company Act of 1940, securities laws, and other requirements applicable to investment managers.
  • Support the formation, structuring, and ongoing operation of private and registered investment funds.
  • Provide legal support across credit strategies including private credit, direct lending, asset-based lending, structured credit, and collateralized loan obligations.
  • Review and negotiate fund documentation, including offering materials, partnership agreements, subscription documents, and side letters.
  • Advise on fund governance, potential conflicts, trading restrictions, and related compliance matters.
  • Support the marketing and distribution of investment products in the United States and internationally, including placement agent arrangements.
  • Partner closely with the compliance team on policies, procedures, regulatory matters, and ongoing risk management.
  • Manage relationships with external counsel and other legal service providers.
  • Monitor regulatory developments and advise investment and business teams on their potential impact.
Desired Qualifications
  • Knowledge of the Investment Advisers Act and Investment Company Act of 1940.
  • Experience with private credit, structured credit, collateralized loan obligations, hedge funds, or other alternative investment strategies.
  • Experience at a leading investment management law practice or alternative asset manager.

Company Size

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