via Lever · 9 September 2026 ·10 days ago

Legal Counsel – Credit Funds – Client Role

Arootah
New York full time permanent
This listing is from Lever
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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 CLOs.

  • 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 U.S. 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.
Qualifications & Preferred Experience
  • 4–6+ years of relevant legal experience at a law firm, investment manager, or combination of both.

  • J.D. from an accredited law school and admission to at least one U.S. 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.

  • Knowledge of the Investment Advisers Act and Investment Company Act of 1940 preferred.

  • Familiarity with SEC requirements and regulatory compliance applicable to registered investment advisers.

  • Experience with private credit, structured credit, CLOs, hedge funds, or other alternative investment strategies is strongly preferred.

  • Strong drafting, negotiation, analytical, and communication skills.

  • Ability to operate independently and provide practical, business-oriented legal advice to investment professionals and senior stakeholders.

  • Experience at a leading investment management law practice or alternative asset manager is preferred.

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