Investment Funds Paralegal

Allocate•Palo Alto, CA

22d•Remote

About The Position

Allocate is the intelligent operating system for private market investing. We help wealth advisors, institutional investors, and fund managers access curated opportunities, launch private vehicles, and manage portfolios without operational drag. Built for today’s market complexity and tomorrow’s scale, Allocate replaces fragmented workflows with a single, purpose-built platform. If you are driven to solve foundational problems and modernize how capital moves, this is where your work will matter. As a member of Allocate’s legal team, you will play a dynamic and vital role in supporting. Allocate’s long-term growth. You will be responsible for providing comprehensive assistance with fund formation, onboarding, fund filings, regulatory compliance, as well as corporate governance matters, and other legal activities. The successful candidate should possess a strong understanding of private funds concepts, along with excellent organizational and communication skills.

Requirements

At least 3-5 years of experience as a paralegal or legal assistant, in-house or at a law firm), with specific exposure to private funds, investment management, and applicable SEC regulations.
Strong organizational skills with the capability to manage multiple tasks and meet deadlines effectively, while maintaining keen attention to detail and accuracy in all work product.
Excellent written and verbal communication skills, with the ability to interact professionally with clients and team members.
Bachelor’s degree.

Nice To Haves

Paralegal Certificate from an ABA Accredited paralegal training program strongly preferred.

Responsibilities

Regulatory Compliance. Monitor and maintain compliance with relevant laws, regulations, applicable filings, and industry standards applicable to registered advisers and private investment funds, including requirements under the Investment Advisers Act of 1940, the Investment Company Act of 1940, the Securities Act of 1933, and related rules. Assist in the preparation and submission of regulatory filings, reports, and disclosures to regulatory authorities.
Fund Formation. Manage and assist with the formation of investment vehicles, including initial filings and incorporation, the preparation and review of fund documentation such as limited partnership agreements, private placement memoranda, and subscription documents.
Investor Relations. Assist with investor onboarding, inquiries, and requests, including managing the review of subscription documentation, verification of client due diligence, and transfer requests.
Document Management. Draft, review, and maintain legal documentation, including Form ADV, client agreements, and compliance-related materials. Ensure proper recordkeeping to ensure records are maintained as required under applicable regulations and internal policies.
Internal Support. Collaborate with attorneys and other team members on various projects, providing legal support and contributing to the growth of Allocate.