Vice President, Private Funds Legal Counsel

BlackRock•New York, NY

19h•$190,000 - $250,000•Hybrid

About The Position

The Private Funds Legal team supports BlackRock’s global alternatives platform across a broad range of private investment funds. It partners with investment, distribution, business and support functions on the structuring, launch, governance and ongoing operation of private funds across multiple asset classes and jurisdictions. The Private Funds Attorney provides legal support across hedge funds, funds of funds and illiquid private markets strategies. The role involves extensive cross-functional engagement and exposure to senior leadership, with increasing focus on secondaries transactions, expanding access through wealth channels and semi-liquid products. The attorney applies strong legal judgment and a practical, business-minded approach to complex legal and regulatory matters. BlackRock’s hybrid work model requires employees to work at least four days per week in the office, with flexibility to work from home one day per week. Some business groups may require more in-office time. Compensation for New York, NY is listed as USD $190,000–$250,000, with eligibility for an annual discretionary bonus. Benefits include healthcare, leave and retirement benefits. Total compensation may vary based on role, location, and firm, department and individual performance.

Requirements

Juris Doctor (J.D.) degree and active admission to a U.S. state bar.
Relevant legal experience in asset management or fund formation, gained within a major law firm, an investment management firm’s legal department or the alternative investment division of an investment bank.
Experience with private fund formation and demonstrated ability to draft, negotiate and interpret complex fund documents and side letters.
Knowledge of applicable regulatory frameworks, including the U.S. Securities Act, Regulation D and Regulation S, the Investment Advisers Act of 1940, the Alternative Investment Fund Managers Directive (AIFMD), and other U.S. and non-U.S. laws affecting privately offered funds.
Strong legal judgment and analytical, written and verbal communication skills, including the ability to communicate sophisticated concepts clearly to colleagues at different levels.
Ability to manage multiple time-sensitive matters, coordinate across business and support functions, build strong working relationships and develop practical, business-minded solutions.

Nice To Haves

Experience with retail alternative products, particularly as private market strategies expand through wealth channels and semi-liquid structures.

Responsibilities

Support the structuring, formation, launch, governance and ongoing operation of private investment funds across BlackRock’s global alternatives platform.
Advise on private fund structures, including hedge funds, funds of funds and illiquid private markets strategies.
Draft, review, negotiate and interpret fund documentation, including complex fund agreements and investor side letters.
Provide legal guidance on fund marketing and distribution matters across applicable jurisdictions and regulatory frameworks.
Partner with business and support functions on complex, time-sensitive matters and develop practical solutions across BlackRock products and services.
Support strategic areas including secondaries transactions, access to wealth channels and semi-liquid products.
Apply sound judgment and critical thinking to solve complex problems, adapt as the business evolves, and evaluate new approaches and technologies.