FUNDS LAWYER Pinsent Masons London

FUNDS LAWYER – 4-6 years PQE – LONDON

Brief

We are seeking to recruit a talented, commercial private investment funds lawyer. The candidate will be based in our London office, but we work on a cross-office basis so the candidate will have opportunities to work with colleagues in Scotland and our international offices including funds teams in Luxembourg and Dublin.

The ideal candidate would be a lawyer with 4 to 6 years’ experience of funds transactions and related work.

Our Investment Funds Team

Our Funds team acts for fund participants on the full range of investment funds work, including fund structuring, formation and LP side work. We act across all sectors, but have a focus on infrastructure, impact and sustainability. We advise large asset owners on their investment into fund structures and on secondary transactions. We also have a strong African fund formation and fund investing practice and have a growing middle east practice.

In recent years, we have developed an excellent set of credentials and a reputation for our work on impact investments and sustainable finance. Whilst we are well established in this area it continues to be a growing area and the team has an excellent track record. A role at PM will give the candidate the opportunity to work on transactions that are technical and high-pressured, but with the ability to make a difference. Our work in this area has been shortlisted for The Lawyer Funds Team of the Year three times and the Financial Times Innovative Lawyers award. The team is ranked in Band 3 in Legal 500 for fund formation work and Band 2 on our investor practice. The Partners and a senior associate are individually ranked across Legal 500 and Chambers.

Our Funds team has seen significant investment in the last several years and we have gone from strength to strength. We continue to target significant growth and are committed to invest further in the team.

We work closely with members of our tax team to provide the full service of legal advice for the structuring and establishment of funds. The Funds team is a part of the financial services group and therefore has the full support of a team of regulatory lawyers to provide advice on the related financial regulation aspects of fund raising – e.g. financial promotion and AIFMD.

Our current team includes experienced partners with in-depth experience of all aspects of fund raising, including funds established in the Channel Islands, Luxembourg, Mauritius and the Cayman Islands. We also have a strong investment funds presence in our Dublin and Luxembourg offices which, together with our existing UK team, gives rise to exciting and varied opportunities.

Our Funds team provides exciting opportunities to grow and develop. In recognition of our recent growth and having acted on complex, cross-border mandates our Funds team was nominated for Funds team of the year at The Lawyer awards as mentioned above. We have fantastic opportunities for new joiners to help further exploit established relationships within the firm and to explore new relationships from existing good connections. We are at the forefront of legal technology, having developed platforms for LP side work and more recently, upgrading those systems to take advantage of recent AI developments.

Example Work highlights

The Candidate Required

The ideal candidate will be able to support our team and will have experience of advising on various matters relating to the establishment of, and investing in, private investment funds. It will also be essential that the candidate enjoys business development to help us achieve our ambitions for growth. Relevant experience will include:

• drafting constitutional documentation of funds including limited partnership agreements, shareholder agreements and unit trust deeds;
• drafting and negotiating ancillary documentation such as management agreements and administration agreements;
• advising on carried interest arrangements;
• reviewing marketing material;
• high level advice on UK financial regulation as it relates to investment funds (specifically a familiarity with AIFMD and the UK’s financial promotion regime);
• negotiating fund documentation with investors and dealing with side letter requests;
• drafting LLP agreements in relation to setting up new managers;
• dealing with offshore law firms and administrators;
• reviewing fund documentation for institutional investors and preparing user friendly reports;
• negotiating with fund counsel when acting for investors (either as cornerstone investor or as a minority investor); and
• discussing new funds with both start-up and experienced managers.

Additional attributes

As well as having the experience mentioned above, the candidate should be:

• strong academically with a strong work ethic;
• happy to work on creating marketing material, know-how and being involved in business development;
• prepared to work on a small number of mandates that don’t fit a traditional private funds role – this will include joint venture agreements and occasionally advice on M&A transactions in the funds space although that type of work is always done with the close support of our corporate team;
• a team player who can work with different teams and lawyers across the firm;
• willing to promote and drive innovative service delivery for our clients as part of the Funds team; and

keen to work in a growing international firm that is making headlines.

What will we offer you?

• We are a market leading, dynamic and growing global team who work together to produce outstanding results for our clients.
• We invest in our team and have a first-class training and career development programme, monthly 121s, career discussions and biannual appraisals. Our training reflects our position as a market leader in communications and sourcing. Our training will assist you to develop as a specialist with valuable sector knowledge and the ability to deliver “best of breed” services.
• Early responsibility and opportunities to develop client relationships.

Competitive salary and benefits package.

Awards

Pinsent Masons won the ‘Europe’s Most Innovative Law Firm’ at the Financial Times Innovative Lawyer Awards Europe 2023 and the ‘Best Talent and Inclusion’ award at The Lawyer Awards 2022. The firm has been named global Construction Law Firm of the Year 2023 in the Who’s Who Legal Awards. The firm is also named Diversity & Inclusion Firm of the Year 2023 by the Legal 500 Northern Powerhouse Awards. The firm has placed in the Top 10 Top Employers for Working Families for its 7th consecutive year. Go to www.pinsentmasons.com/accolades to view all of our global awards and nominations.

Please note we only accept applications made via our recruitment portal. Should you require further details, please contact our in-house Lateral Recruitment Advisor Steffy Lam who can discuss the role and requirements.

Contact details:

https://www.linkedin.com/in/steffy-lam-715241238/

steffy.lam@pinsentmasons.com

At Pinsent Masons we value diversity and inclusion. We are committed to creating a better workplace where all our talent can succeed and feel like they belong. We want to attract, retain and develop people at all levels and encourage applications from all suitably qualified candidates whatever your ethnicity, religion, age, physical or mental disability/ long term condition, sexual orientation, gender identity or expression or any other characteristics protected by local law in the jurisdictions in which we operate.

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