What are the responsibilities and job description for the Private Fund Associate (3rd–5th Year) - D.C. position at Direct Counsel?
Location: Boston, New York, Washington, D.C.
Compensation: $365,000 – $435,000 per year, based on experience
Direct Counsel is representing an Am Law 100 firm seeking a Private Fund Associate (3rd–5th year) with extensive experience advising both established and emerging sponsors of private funds. The ideal candidate will have a strong focus on private fund formation and the ongoing operational and regulatory issues that arise in managing private funds. Significant experience advising on the general partner (GP) side is required.
Key Responsibilities:
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Advise clients on the formation, structuring, and management of private investment funds
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Draft and negotiate limited partnership agreements, side letters, private placement memoranda, and related fund documentation
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Address ongoing regulatory and operational matters, including compliance, investor communications, and fund governance
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Provide strategic counsel to GP clients on fundraising and investment activities
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Support clients across various asset classes and fund strategies
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Collaborate with internal teams and contribute to high-level client strategy
Qualifications:
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3–5 years of experience focused on private fund matters at a top-tier law firm
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Deep experience advising general partners (GPs) on fund formation and management
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Excellent academic credentials from a top law school
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Strong drafting, negotiation, and client advisory skills
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Self-starter with the ability to manage complex workstreams independently and collaboratively
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Admission to the Bar in good standing
Why Join:
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Work with a top-tier, nationally recognized investment management group
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Engage in high-impact work with sophisticated fund sponsors and clients
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Enjoy robust mentoring, client-facing opportunities, and a clear path to growth
Salary : $365,000 - $435,000
