About the Position:
Our client, a global private markets investment manager, is actively seeking an attorney with 6-10 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 (2 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:
· 6-10 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.