Private Funds Counsel

Wellington Management•Boston, MA

3d•Hybrid

About The Position

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients. Wellington Management has been investing in private markets for many years, and the firm launched its first dedicated private equity fund in 2014. Currently we manage over US $9 billion in assets across four growth equity/venture fund franchises and private credit strategies, including private equity and private credit strategies including late-stage growth, multi-stage sustainability venture, early-stage venture and hybrid financials. Position Overview We are seeking an experienced attorney to join our Private Funds Legal Team to join the ongoing expansion of our private markets business, a global team providing holistic legal support to Wellington Management’s growing private capital business. This new Counsel will join a team of dynamic lawyers advising business, investment and operational colleagues on a range of transactional, regulatory and strategic matters. This individual will focus primarily on supporting the strategic development, formation and ongoing lifecycle of private credit and/or private equity funds, co-investment programs, evergreen strategies and related vehicles. Counsel will also collaborate closely with other team members and cross-functional colleagues to advise on legal and regulatory developments, new business initiatives and strategic projects.

Requirements

8+ years of experience practicing law at a national law firm or in-house
Experience with private fund formation, investment adviser regulation and federal securities laws
Strong counseling skills and judgment, adept at balancing risks and commercial objectives
Excellent communication, relationship and influence skills, able to distill complex topics for varied audiences
Strong organizational skills, comfortable prioritizing and managing competing deadlines in a fast-paced environment
Demonstrated analytical and problem-solving capabilities, able to proactively identify risks and areas for improvement and drive pragmatic solutions
Ability to work independently and collaboratively in a team-oriented, global and cross-functional environment
Growth mindset and intellectual curiosity, open to learning new practice skills and developing new subject matter expertise as needed
Desire to help develop and grow contributions of early career professionals in the team

Responsibilities

Advise on the formation, operation and governance of private credit, private equity/venture capital funds and evergreen strategies, whether domiciled in the US, Cayman, or Europe
Counsel business, operational and investment colleagues on a wide range of activities and initiatives, including platform-level design and growth
Represent the firm in negotiations with fund investors and strategic service providers
Manage and collaborate with external counsel and alternative providers
Monitor and advise on legal, regulatory, and market developments impacting our funds and business
Lead or contribute to team projects to enhance and grow the scalability of our fund lifecycle support model
Advise and collaborate with compliance partners to develop or update risk-based policies and controls

Benefits

retirement plan
health and wellbeing
dental
vision
pharmacy coverage
health savings account
flexible spending accounts
commuter program
employee assistance program
life and disability insurance
adoption assistance
back-up childcare
tuition/CFA reimbursement
paid time off (leave of absence, paid holidays, volunteer, sick and vacation time)