Legal Counsel – Credit Funds – Client Role

Overview

An alternative investment manager is seeking an experienced attorney to join its Legal & Compliance team in a dedicated in-house counsel role supporting a growing credit investment platform. This position provides legal and regulatory guidance across private and registered investment funds, with exposure to fund formation, ongoing operations, governance, compliance, and credit investment strategies.

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 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.

Requirements

• 4–6+ years of relevant legal experience at a law firm, investment manager, or a 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.
• Ability to operate independently and provide practical, business-oriented legal advice to investment professionals and senior stakeholders.
• Strong drafting, negotiation, analytical, and communication skills.

Preferred Qualifications

• Knowledge of the Investment Advisers Act and Investment Company Act of 1940.
• 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.
• Experience at a leading investment management law practice or alternative asset manager.

Compensation & Benefits

No compensation or benefits details provided.

Location

No location details provided.

Hiring Process Note (AI Tools)

Artificial intelligence (AI) tools may be used to support portions of the hiring process, including resume review and candidate evaluation. These tools assist the recruiting team but do not replace human decision-making; final hiring decisions are made by human reviewers.