Private Funds Associate Attorney

Reseda, California

Pernini Legal, LLC
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PRIVATE FUNDS ASSOCIATE ATTORNEY
Location: Los Angeles, CA
HYBRID


Our client, a highly respected global AmLaw 50 law firm, is seeking a skilled Private Funds Associate Attorney to join its top-ranked Financial Services Practice Group in Los Angeles(link removed) This is a compelling opportunity for an attorney with fund formation experience to join a collaborative, high-caliber team advising a diverse range of clientsfrom first-time fund sponsors to many of the worlds largest asset managersacross all major asset classes and fund strategies.


Candidate Profile:




  • JD from a leading law school with a strong academic record.




  • Active Bar Admission in California, in good standing.




  • 36 years of relevant experience in private fund formation and related regulatory matters(link removed)>




  • Substantive experience drafting and negotiating private fund documentation, including private placement memoranda, fund and partnership agreements, subscription materials, advisory agreements, placement agent agreements, and related legal opinions.




  • Demonstrated ability to manage fundraises from launch through closing, including project management, direct client interaction, investor negotiations (e.g., side letters), and subscription processes.




  • Solid knowledge of the Investment Advisers Act, Investment Company Act exemptions, and Regulation D requirements(link removed)>




  • Preference for candidates with direct private funds experience; however, strong corporate associates with a clear interest in transitioning to funds work will also be considered.




  • Prior experience at a large law firm is highly preferred ; in-house or regulatory experience is a plus (link removed)>



  • Soft Skills: Strong legal writing, communication, and oral advocacy skills, alongside sound business acumen, are essential.


Key Responsibilities:




  • Advise clients on the structuring, formation, and operation of private investment funds, including private credit, private equity, real estate, buyout, growth capital, secondaries, and funds of funds(link removed)>




  • Draft, review and negotiate core fund documents and side letters.




  • Lead investor negotiations and manage full subscription and closing logistics(link removed)>




  • Oversee regulatory filings and advise counsel on compliance with federal securities laws.




  • Serve as a trusted advisor to clients, offering strategic, business-minded guidance throughout the fund lifecycle.




  • Collaborate with colleagues across regulatory, tax, and transactional practices to provide integrated legal support.




Why Join Us?


This is a unique opportunity to join a nationally recognized private funds practice, consistently ranked by Chambers USA, Best Lawyers, and The Legal 500 US. The firm offers a dynamic and inclusive work environment that emphasizes mentorship, innovation, and early associate ownership of matters. Associates are encouraged to develop deep client relationships and expand their practice in a supportive and forward-thinking culture.


Compensation & Benefits:




  • Competitive Base Salary: Starting at $260,000+, depending on class year and experience.




  • Comprehensive Benefits Package: Medical, dental, vision, life, and pet insurance; mental health and wellness programs; 401(k) and retirement plans; generous PTO and parental leave; commuter benefits; relocation support; and robust professional development resources.




Application Requirements:


Interested candidates should submit a cover letter, resume, and law school transcript(link removed)>


Our client is an Equal Opportunity Employer.



Date Posted: 17 May 2025
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