Private Funds Associate at Direct Counsel

This team advises private fund sponsors and investors across the entire fund lifecycle, including:

• Formation and structuring of GPs, management companies, and investment vehicles

• Fundraising process management

• Regulatory compliance (SEC, Advisers Act, Investment Company Act, etc.)

• Investor-side negotiations and legal strategy

• Day-to-day legal needs and business counseling

This position provides exposure to both sponsor- and investor-side work in private funds, with a focus on achieving clients’ business goals with practical, efficient legal solutions.

• Draft and negotiate fund documents, side letters, and management agreements.

• Advise clients on fund economics, structuring, and compliance.

• Support the formation and launch of a variety of alternative investment vehicles.

• Navigate complex federal securities law issues, including the ’33 Act, ’34 Act, Advisers Act, and Investment Company Act.

• Collaborate directly with partners and clients across sectors and jurisdictions.

• 4–6 years of experience in fund formation and/or investment adviser regulation, ideally from a large law firm.

• Interest and/or experience in private funds is required.

• Familiarity with entity structuring and federal securities law.

• Ability to manage multiple matters in a fast-paced, detail-oriented environment.

• Strong academic credentials and exceptional writing and communication skills.

• Must be licensed or eligible for admission in Florida or Illinois. Please specify location preference when applying.

• Salary range: $250,000 – $320,000/year, depending on experience and location.

• Discretionary bonus eligibility.

• Full benefits package including health, dental, vision, life insurance, 401(k), vacation, sick leave, and optional coverage for disability, long-term care, critical illness, and pet insurance.

• Commuter benefits may be available in select markets.

If you're a driven associate ready to deepen your experience in fund formation while working with a top-tier team, this is an outstanding opportunity to thrive in a hybrid role with a leading Amlaw 100 firm.

Apply today with your resume and law school transcript to be considered.