Legal & Compliance - Credit - Legal - Fund Formation Attorney, AVP

Blackstone

Blackstone is the world’s largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $1 trillion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com . Follow @blackstone on LinkedIn , Twitter , and Instagram . <br> Blackstone Credit &amp; Insurance is one of the world’s largest credit-focused asset managers, with $319 billion in AUM. We seek to generate attractive risk-adjusted returns for our clients by investing across the entire corporate credit market, from public debt to private loans. Our capital supports a wide range of companies across sectors and geographies, enabling businesses to expand, invest, and navigate changing market environments. Job Description: The Assistant Vice President will work on a variety of legal and compliance-related matters to support the Blackstone Credit &amp; Insurance investment businesses described above. Primary job responsibilities include: <ul> <li> Manage legal aspects of new bespoke product launches, including structuring, drafting and negotiation of fund and investment management documents, review and drafting of disclosures and operational setup of new products </li> <li> Assist in ongoing legal aspects of operating existing investment funds, including review of contractual provisions, preparing amendments and updating and revising of investment vehicles’ offering materials. </li> <li> Work across different product types including private funds, insurance securitization structures, rated funds, Investment Company Act-regulated funds and separately managed accounts. </li> <li> Support and collaborate with various business groups including investment professionals, institutional and private wealth client solutions, fund accounting, operations and tax. </li> <li> Collaborate on special projects relating to existing investment funds and their investment activity, including working with investment professionals and the Chief Investment Office </li> <li> Provide fund regulatory and compliance advice to investment professionals and other personnel including preparation of reports to the investment team and senior management regarding fund compliance matters, side letter compliance and implementing fees and expenses provisions </li> <li> Work with in-house Legal and Compliance teams and external counsel to monitor, and then implement responses to, regulatory developments that impact investment funds </li> <li> Coordinate with other stakeholders on fund compliance and regulatory matters: SEC and CFTC registrations, ERISA, and federal, state and international securities laws (including the Investment Advisers Act of 1940, the Securities Act of 1933 and the Exchange Act of 1934) </li> </ul> <br> Qualifications: <ul> <li> BXCI is seeking an attorney with 3+ years of experience in a law firm to join a legal team doing challenging work in a dynamic environment. </li> <li> Experience with fund formation and leveraged finance, M&amp;A, restructuring or capital markets transactions is preferred. </li> <li> Ability to be proactive in new situations and to independently manage projects to conclusion is important. </li> <li> Must be willing to roll up sleeves and work with a variety of personalities. </li> <li> Must be a strong and independent thinker with excellent interpersonal and communication skills. </li> <li> Must be pragmatic, , have a tolerance for ambiguity, confidence and conscientious work ethic. </li> <li> Knowledge of and ability to communicate risks, best practices and regulatory requirements (U.S. and international). </li> <li> Desire to work as part of a highly collaborative legal and compliance team with a willingness to embrace a variety of issues. </li> </ul> <br> The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion. Expected annual base salary range: $135,000 - $185,000 Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables. <br> <br> Additional compensation: Base salary does not include other forms of compensation or benefits offered in connection with the advertised role. Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy. If you need a reasonable accommodation to complete your application, please email Human Resources at HR-Recruiting-Americas@Blackstone.com . Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following: <ul> <li> Attending client meetings where you are discussing Blackstone products and/or and client questions; </li> <li> Marketing Blackstone funds to new or existing clients; </li> <li> Supervising or training securities licensed employees; </li> <li> Structuring or creating Blackstone funds/products; and </li> <li> Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials. </li> </ul> Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions. <br> <br> To submit your application please complete the form below. Fields marked with a red asterisk * must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form.
Posted
Practice Areas
Corporate
Specialties
Compliance/Regulatory, Finance, Investment Management, Securities, Investment Funds, Fund Formation, M&A
Experience
3+ years
Type
Law Firm