Investment Funds Mid-Level Associate Attorney

Direct Counsel
Chicago, IL

Job Description

Job Description

Investment Funds Mid-Level Associate Attorney
Preferred Locations: Charlotte, Chicago, or New York
Additional Locations Considered: Dallas, Houston, Los Angeles, Miami, San Francisco, Silicon Valley, or Washington, DC
Compensation: $310,000 – $390,000 base salary (commensurate with experience)

Direct Counsel is seeking an Investment Funds Mid-Level Associate to join a top-tier, national law firm with a premier private equity and investment management practice.

The ideal candidate will have 4–6 years of significant experience advising private equity sponsors and institutional investors on fund formation and related matters, preferably gained at a large law firm or, in limited circumstances, in an in-house setting.

Key Responsibilities Include:

  • Assisting private equity fund sponsors with fund formation matters, including drafting and negotiating:

    • Private placement memoranda

    • Limited partnership agreements

    • Side letters and related ancillary agreements

  • Reviewing fund documentation on behalf of institutional investors and negotiating fund terms

  • Structuring and drafting governing documents for private equity fund management companies and general partners

  • Advising on regulatory matters applicable to private investment funds

Qualifications:

  • 4–6 years of private equity fund formation experience

  • Working knowledge of relevant securities laws and regulations, including the Investment Advisers Act

  • Experience with private equity secondary transactions and/or GP-led restructurings is a plus

  • Excellent drafting, negotiation, and client communication skills

  • Admission to the state bar in the office location (or eligibility for prompt admission)

This role offers the opportunity to work on sophisticated, market-leading private equity fund matters within a collaborative, national platform and a highly competitive compensation structure.

The firm is an equal opportunity employer and encourages candidates from all backgrounds and experiences to apply.

Posted 2026-08-08

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