Private Funds Paralegal

Orrick Herrington & Sutcliffe LLP•Washington, DC

3d•Hybrid

About The Position

Orrick is seeking a highly qualified Paralegal with 2+ years of experience to join our Private Fund Practice within our Technology Companies Group. This position would be located in our San Francisco, Menlo Park, Orange County, or Washington DC offices or possibly other offices depending on the candidate. The Private Funds Paralegal will play a key role in supporting attorneys in all phases of fund formation, investor onboarding, fund management, along with a strong understanding of private fund structures and documentation.

Requirements

A bachelor's degree is required
2+years of equivalent paralegal experience
Demonstrates good organization, verbal and written communication skills, plus exhibits aptitude to develop specific and detailed knowledge and understanding of complex issues and procedures
Proven ability to delegate appropriate tasks to other firm resources
Strong time management skills, and ambition to work in a dynamic, shared environment are essential
Excellent computer skills with proficiency in Microsoft Word, Excel and any practice-related software
An understanding of Delaware General Corporate Law, New York Business Corporate Law and California Corporations Code
Significant substantive working knowledge of the procedures, terminology and documents relating to the formation of a variety of corporate entities.
In the California offices, paralegals must meet the qualifications, including compliance with the continuing education requirements, as set forth in the California Business and Professions Code, Section 6450 et seq.

Nice To Haves

a paralegal certificate from an ABA-approved training program is preferable but not required

Responsibilities

Assist attorneys with the formation and structuring of private investment funds, including limited partnerships and limited liability companies.
Draft, review, and organize fund formation documents, amendments, cancellations and foreign qualifications.
Prepare Form SS-4s, apply with the IRS and obtain EINs for various fund entities.
Prepare initial drafts of offering documents, including limited partnership agreements, subscription agreements, transfer agreements, and side letters.
Work directly with clients on many fund formation and fund management matters.
Coordinate fund subscription processes for both pre-closing and post-closing activities, including drafting fund spreadsheets, tracking investor correspondence, and reviewing subscription documents.
Prepare DocuSign PowerForms with the subscription documents for various fund entities.
Review subscription documents submitted through third party platforms like Passthrough, Anduin, Carta, AngelList, etc.
Maintain and manage closing checklists, signature pages, document execution logistics and distribution of signature pages and closing sets.
Prepare and file Form ID, Form D and blue-sky notices.
Assist with other SEC/FINRA regulatory filings, including Form ADVs.
Track and monitor outstanding regulatory and compliance items.
Coordinate with internal teams, clients, fund formation, and outside counsel to ensure timely completion of transactions, and ensure smooth workflow.