Senior Associate, Private funds Lawyer
About the job:
Business - Private Funds
Brookfield offers institutional investors a range of private fund investment opportunities across the risk-return spectrum, focused on real estate, infrastructure and private equity. We foster alignment of interests with our investors by investing alongside them: over 30% of the capital under management across our private funds is our own, and we are typically the largest investor. Our goal is simple: to generate growth and attractive long-term risk-adjusted returns for our investors to serve their stakeholders, all while providing the highest level of service. Brookfield’s Private Funds group is comprised of a global team of more than 75 professionals located in North America, Europe and Asia. The primary focus of the group is to raise capital for Brookfield’s private funds from investors worldwide.
Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.
The ideal candidate will have 3+ years of asset management experience in private practice or in house at an asset manager that is a registered investment adviser. The position will work closely with the institutional marketing group, the client relationship managers and other corporate professionals, particularly in the product development, tax, financing and operations groups. The ideal candidate will be a solutions oriented person that enjoys working in a fast-paced, team atmosphere and the challenge of complex problem solving.
Responsibilities will include those listed.
Review and finalize term sheets, private placement memoranda and marketing materials;
Coordinate with external counsel in preparation of detailed limited partnership agreements and other definitive fund documents such as subscription agreements and investment management agreements;
Negotiate all legal terms and side letters with prospective investors;
Coordinate closing process with all investors, including any needed supplements to the private placement memorandum;
Work with the institutional marketing group and client relationship managers to respond to all diligence requests, including:Prepare written responses to incoming legal requests, participating in conference calls to discuss key legal and other issues
Legal review and sign off for all written diligence requests
Support for all CRM discussions with prospective investors regarding legal and structuring terms
Provide legal support relating to private funds matters generally, including:Draft or review confidentiality agreements
Draft, review and negotiate placement agent agreements
Assist with respect to other miscellaneous agreements
Work with various platforms to ensure compliance with fund agreements and side letters and support ongoing fund oversight and compliance;
Provide legal support to various platforms for ongoing matters generally, including:Structuring each deal in conformity to the fund agreements and assisting to maximize efficiency for investors, including drafting of any required alternative investment vehicles
Assisting with co-invest or consortium arrangements
Assisting with LPAC and other investor communications, fund notices, etc.
Responding to questions relating to agreements and best practices
Assisting with any special projects (reorganizations, etc.)
Assistance with regulatory matters (including Advisers Act considerations) as required; and
Provide legal support to the compliance department as needed with respect to investment adviser and broker dealer matters (with respect to private fund matters).
Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.
We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.