Investment Management Associate (Private Funds)

Mid-Level Investment Management Associate (Private Funds Focus) - New York

A highly regarded, mid-sized law firm with a premier investment management practice is seeking a mid-level associate (3-6 years) to join its New York office. The group represents leading sponsors across a broad spectrum of private investment strategies and offers a sophisticated practice comparable to top-tier firms, combined with a more flexible and sustainable platform.

Role Overview

This position is centered on private funds work, with an emphasis on sponsor-side representation. You will play a key role in structuring, forming, and operating private investment vehicles across strategies such as private equity, hedge funds, credit, venture capital, and hybrid funds.

Responsibilities

• Lead and support the formation of private investment funds, including drafting and negotiating offering documents (PPMs, LPAs, subscription agreements, side letters)
• Advise sponsors on fund structuring considerations, including economic terms, governance, and regulatory positioning
• Manage ongoing fund operations, including investor onboarding, transfers, and compliance matters
• Negotiate side letters with institutional investors and address bespoke investor requirements
• Coordinate closings and manage deal timelines across multiple stakeholders
• Work closely with tax, regulatory, and compliance specialists on fund-related issues
• Counsel clients on SEC, CFTC, and other regulatory requirements affecting private funds
• Assist with GP and management company structuring, including carried interest and compensation arrangements
• Provide strategic guidance to emerging managers and established sponsors alike

Ideal Candidate

• 3-6 years of experience in private funds at a top law firm
• Strong familiarity with fund formation, sponsor representation, and investor negotiations
• Excellent drafting, analytical, and organizational skills
• Ability to manage multiple workstreams and interact directly with clients
• Collaborative mindset with a proactive approach to problem-solving

Platform & Compensation

This opportunity offers Cravath-scale compensation ($260,000 - $390,000) within a mid-sized firm environment, delivering top-of-market pay without the rigidity often associated with larger platforms. Associates benefit from:

• Meaningful client exposure and responsibility earlier in their careers
• A more flexible, entrepreneurial culture
• Predictable workflow relative to peer firms
• Strong mentorship and long-term growth opportunities

This is an ideal role for an associate seeking high-end private funds work, market-leading compensation, and a more balanced, collegial environment.