Fund Formation Attorney, AVP

Blackstone • New York, NY

3d • $135,000 - $200,000

About The Position

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, X (Twitter), and Instagram. The attorney will be part of a small, dedicated centralized fund formation legal team within Blackstone and will assist in all aspects of fund formation and fundraising across Blackstone's institutional fund platform.

Requirements

• 3+ years of experience practicing fund formation law
• Candidate is an in-house fund formation lawyer or comes from a law firm with a fund formation practice, with hands-on experience drafting fund documentation
• Must have technical experience and an understanding of closed-end private funds, including fund economics, waterfall structures, and key LP protections

Nice To Haves

• Experience with open-ended private funds is not required but is a plus
• Strong issue spotter, practical thinker, and problem solver
• Collaborative team player, comfortable working across multiple business lines, fund types, and stakeholder groups

Responsibilities

• Assist with the launch of new fund products across Blackstone's platform, including advising on fund structure, regulatory considerations, and formation timelines
• Assist and coordinate with outside counsel and business groups on fund formation matters, including capital formation, fundraising, and fund structuring questions
• Interact closely with Institutional Client Solutions, business teams and L&C
• Assist in negotiating and drafting limited partnership agreements (LPAs), side letters, most favored nations (MFN) elections, subscription documents, and other fund governing and offering documents, including responding to LP requests and comments
• Assist in managing fund closings and helping drive closing processes to completion, including coordinating with internal stakeholders, outside counsel and investors, and resolving subscription documentation issues

Benefits

• comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits
• paid time off
• life insurance
• 401(k) plan
• discretionary bonuses

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed