Asset Management Counsel
About The Position
As asset management counsel, you will join an experienced and collaborative Legal team to primarily work on supporting the Galaxy Asset Management team. You will support the legal and compliance functions of Galaxy Asset Management across the full spectrum from formation, launch and management of private funds to the investments pursuant to which such funds deploy client capital. The ideal hire should have at least three to five years of experience at a large law firm’s private investment funds group or in-house on asset management legal issues, fund formations, private venture-style investments, hedge funds and other active and passive investing strategies. This role involves drafting, reviewing, and executing fund formation documentation, coordinating with external and internal teams on new investment opportunities, advising on ongoing fund management matters, and assisting with legal aspects of fund and product maintenance. There will also be opportunities to work on private venture investments and other asset management products, including regulatory review and advising with respect to crypto-relevant issues. The role also emphasizes the thoughtful adoption and leveraging of AI tools to improve team performance and business outcomes.
Requirements
- Minimum 3-7 years of relevant prior experience with a large law firm or in-house in a funds formation or asset management counsel capacity
- Experience and knowledge with legal issues present for asset managers and Registered Investment Advisors, including the Investment Advisers Act of 1940, applicable SEC rules and regulations, fund structuring (onshore and offshore), conflict of interest management and allocation of investment opportunities across multiple funds and fund types including private funds, ETFs and ‘40 Act funds
- Ability to navigate and manage transactions involving multiple parties, financial structures and unique terms and conditions
- Interest in issues relating to digital assets is required
- Highly motivated, self-starter who takes initiative.
- Positive attitude, and willingness to roll up sleeves (no job too big, no job too small).
- Collaborative team member with a high level of professionalism and outstanding business judgment.
- Excellent written and oral communication skills.
- Active membership in the NY state bar
Nice To Haves
- Experience and/or prior knowledge in the digital assets space is a plus
Responsibilities
- Draft, review and execute on fund formation documentation, including entity formation, governance documentation, subscription documentation, and bespoke side letter agreements with limited partners
- Coordinate with external legal counsel, where applicable, as well as internal portfolio managers and sales teams on legal diligence, negotiation and execution of new investment opportunities
- Advise internal stakeholders with respect to ongoing fund management matters, such as limited partner outreach, limited partner advisory committee (LPAC) management, updates to fund disclosure and offering documentation as needed and liquidations of funds following the conclusion of applicable investment periods
- Assist Galaxy Asset Management’s Chief Compliance Officer and compliance team on legal matters relating to the formation and maintenance of Galaxy Asset Management funds and products
- Work with and alongside Venture Counsel in the diligence, negotiation and execution of private venture investments made by the various investing teams within Galaxy Asset Management, as well as other matters relating to asset management products, such as regulatory review and advising with respect to crypto-relevant issues and new asset management products
- Embrace and champion the thoughtful adoption of AI to improve team performance and business outcomes.
- Leverage AI tools (e.g., generative AI, automation platforms, data copilots) to improve productivity, decision-making, and output quality in your day-to-day work.
Benefits
- Competitive base salary and discretionary bonus
- Hybrid/Flexible Working Arrangements
- Flexible Time Off (paid)
- 3% 401(k) company contribution
- Company-paid health and protective benefits for employees, partners, and other dependents
- Generous paid Parental Leave
- Competitive family planning benefits for US employees
- Opportunities to learn about the Crypto industry
- Smart, entrepreneurial, and fun colleagues
- Free daily snacks and weekly breakfasts/lunches
- Employee Resource Groups
- Free coaching and counseling sessions through Headspace
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
