StepStone is a rapidly growing Global Private Markets firm who provides
customized investment and advisory solutions to some of the most sophisticated
investors in the world. With $570 billion of total capital allocations,
including $134 billion in AUM, we are highly diversified in the private
markets across the globe and provide creative solutions to solve for the
objectives of any investment program. With a culture built on
entrepreneurialism, partnership and being a team within teams, our firm offers
joiners the opportunity to think out loud, collaboratively.
**Position Overview:**
The Associate General Counsel of StepStone Group will support StepStone's
Venture Capital and Growth Equity sector team within the Private Equity
business, and report into the Deputy General Counsel for that sector. As an
integral member of the Legal team, the person filling this role will be
responsible for drafting and negotiating legal documentation with respect to
the firm's (1) Venture Capital and Growth Equity clients and investment
products, including commingled funds, funds-of-one, and investment advisory
relationships; and (2) Venture Capital and Growth Equity fund and direct
investments, both primary and secondary.
**Essential Job Functions:**
* Assist Deputy General Counsel in fund formation and structuring for venture capital and growth equity
* Liaise and coordinate with investment, finance, compliance, and operational due-diligence teams on all fund formation and investment activities
* Review placement memoranda, partnership agreements, and related documents for investments in venture capital and growth equity funds and startup companies and prepare analysis regarding same for inclusion in investment memoranda or otherwise deliverable to clients
* Manage negotiation and execution of documentation, including term sheets, letters of intent, side letters, subscription documents, and equity financing documents
* Manage input of fund terms into the firm's proprietary database
* Negotiate and draft documentation to execute (1) secondary purchases and sales of fund interests and shares in startup companies, (2) co-investments, and (3) direct investments
* Manage outside counsel in connection with formation of new funds and select investment activity
* Monitor existing investment portfolio and manage disposition of investments
* Supervise paralegals, including in the negotiation of confidentiality agreements, closing-related matters, transfer of fund interests, and other matters, as needed
* Special projects from time to time subject to availability (e.g., strategic transactions, new product research and evaluation, special mandate activity, process efficiencies, fiduciary counseling and training, regulatory filings, etc.)
**Education and/or Work Experience Requirements:**
* 4 Year College Degree Required
* Must possess a law degree from an accredited and reputable law school, be admitted to the MD, NY or CA bar, and be in good standing
* Approximately 3 to 5 years of venture capital, fund formation, investment management and/or transactional legal experience
* Experience with private markets investment management firms, whether in-house or at a reputable law firm
**Required Knowledge, Skills, and Abilities:**
* Professionally communicate with all levels of staff and external stakeholders
* Utilize effective time management skills to maintain a commitment to quality and attention to detail; ensure that all work is completed accurately and on time
* Foster a sense of teamwork, assisting others when needed/required; work collaboratively with attorneys supporting other asset classes to share best practices, provide coverage, etc.
* Flourish in a challenging, fast-paced, and professional environment with frequent shifts in priorities as business needs dictate
* Have a strong sense of integrity, behaving consistently with expressed values and ethical principles of StepStone
* Focus on specific goals and demonstrate a sense of personal growth, accountability and urgency for achieving results
**About us**
Working out of 23 offices in 14 countries, StepStone has a truly global
viewpoint. As people are our biggest asset, we offer resources to help our
employees reach their full potential. Our principles are based on integrity,
transparency, respect and creativity, which together define how we do
business.
**Join us**
When you choose to work at StepStone, you'll find a group of professionals who
are passionate about anticipating changes, solving problems and working
together to make it all happen. Our integrated global team shares insights
into how managers think and operate, as well as how they might perform.
**Disclaimer / Policy Statements**
At StepStone, diversity, equity and inclusion are an integral part of our
culture. We are an Equal Opportunity Employer that strives to create an
inclusive environment that empowers our employees and allows them to be heard,
regardless of title or tenure. Our organizational community features multiple
Employment Resource Groups representing our dedication to Diversity, Equity &
Inclusion.
Developing People at StepStone
Your employment will also be subject to various firm policies and guidelines,
including return to workplace guidelines for your office (which require, where
legally permitted, all U.S. employees to have their vaccinations against
COVID-19 up to date in order to enter one of our offices or attend a firm-
sponsored event).
Posted
Updated
Closed
Practice Areas
Corporate
Specialties
Compliance/Regulatory, Finance, Investment Management, Venture Capital