Overview
As Associate General Counsel at Millennium, you will lead the negotiation and execution of portfolio manager agreements, supporting both internal and external managers. You’ll draft and advise on separate account, investment management and bespoke fund agreements, and address governance and regulatory aspects of capital deployment. You’ll work across the firm to resolve legal issues, contribute to capital formation initiatives, and help shape policies and procedures. This role offers exposure to sophisticated asset-management law within a global, collaborative team.
Responsibilities
- Lead negotiation and execution of portfolio manager agreements with internal and external managers
- Draft, negotiate, and advise on separate account, investment management, bespoke fund, joint venture, seeding and related agreements
- Provide legal guidance on governance, contractual rights, and regulatory considerations related to capital deployment
- Manage multiple concurrent processes and coordinate with senior management and stakeholders
- Identify, assess, and resolve legal and regulatory issues; escalate as needed
- Support capital formation initiatives and development of policies and procedures within Legal Department
Key requirements
- At least seven years of experience in investment management or related practice at a top law firm or in-house at an investment adviser
- Strong command of private fund and management company structuring, governance, and operations
- Solid understanding of hedge funds and securities regulations (Securities Act, Advisers Act, Investment Company Act)
- Experience drafting and negotiating seeding arrangements or GP stakes transactions is a plus
- Familiarity with restrictive covenants (non-compete, non-solicitation, confidentiality) is a plus
- Strategic judgment to balance legal risk with business objectives
- Strong written, verbal, and interpersonal communication; ability to engage stakeholders at all levels
- Proactive, organized approach to managing multiple priorities in a dynamic environment
- Strategic judgment
- Strong communication
- Proactive organization
- Private fund structuring
- Management company governance
- Regulatory compliance (Securities Act, Advisers Act, Investment Company Act)
Associate General Counsel in London employer: Millennium Management
Millennium is an exceptional employer that fosters a culture of innovation and collaboration, empowering employees to take ownership of their ideas while providing robust support through a global network. With a strong focus on professional development and continuous learning, the company offers unique opportunities for growth within the dynamic field of international operations, making it an ideal place for those seeking meaningful and impactful careers in the financial markets.
