Legal Counsel - Private Assets

Overview

Legal Counsel – Private Assets at Schroders Greencoat. We are looking for a qualified funds lawyer with a good understanding of the commercial regulatory environment within which an investment management firm operates.

Responsibilities

• Project managing the legal workstreams of new product launches and/or co-investment initiatives
• Working alongside other teams to identify appropriate fund or mandate structures and preparing outline terms for discussion and term sheets
• Setting up new GPs and fund vehicles, assist with non-complex corporate re-organisations, assist with the dissolution of redundant entities
• Reviewing fund documentation prepared by external counsel
• Assisting in investor negotiations and managing the investor negotiation process
• Review and negotiate agreements with service providers and clients, including administration and depositary agreements, investment management agreements, distribution agreements, placement agent agreements
• Assisting with regulatory disclosures and product governance and target market assessments
• Managing the legal workstreams in the preparation of new Offering Memoranda and subsequent supplements
• Managing fund closings of new investor commitments
• Managing MFN processes
• Assisting with intra-group arrangements e.g. sub-advisory agreements, distribution or introducer agreements or other services agreements
• Answering ad hoc queries in relation to the terms of existing fund documentation or other product related queries
• Assisting with the maintenance of the fund obligations tracker and other precedents / know-how shared folders
• Assisting with investment transactional activity on co-investments, such as establishment of investment holding vehicles, reviewing equity commitment letters, shareholders’ agreements, share subscription agreements, shareholder loans and board minutes and assisting with the legal project management of co-investment transactions
• Assisting with other ancillary tasks involving NDAs, engagement letters, secondment agreements, assisting with KYC requests
• Participating in internal project working groups and liaising with other functional teams within Schroders Greencoat and the wider Schroders group
• Assisting with developing further internal templates, precedents and processes to make the above work streams more effective and efficient, including providing training for the business teams on certain topics so they can be more self-sufficient

Knowledge, Experience and Qualifications

• Demonstrable PQE (3-5 years) gained in the private / alternative investment funds team in a leading City or international law firm or in-house (ideally within a small team or a division of a larger business) within the asset management industry.
• Technical expertise with a range of private funds structures globally and understanding of how they invest.
• Working knowledge of key applicable regulatory regimes and the commercial and regulatory environment within an investment management firm.

What You’ll Be Like

• Interested in applying skills across a breadth of areas as meets the needs of the business and confident with approaching new areas and developing broad expertise
• Effective communicator
• Resourceful, flexible and adaptable with a positive and ‘can do’ attitude
• Happy to roll up sleeves, willing to take the initiative and drive the execution of projects
• Good under pressure and with competing priorities while maintaining a high level of personal and professional integrity
• Comfortable making decisions and prepared to make a personal commitment to ensure success

Under the Financial Conduct Authority’s Senior Manager & Certification Regime, this role will be within the scope of the Financial Conduct Authority’s Conduct Rules.

We Recognise Potential, Whoever You Are

Our purpose is to provide excellent investment performance to clients through active management. Diversity of thought, facilitated by an inclusive culture, will allow us to make better decisions and better achieve our purpose. This is why inclusion and diversity are a strategic priority for us and why we are an equal opportunities employer. You are welcome here, regardless of your age, disability, gender identity, religious beliefs, sexual orientation, socio-economic background, or any other protected characteristic.

About Us

We’re a global investment manager. We help institutions, intermediaries and individuals around the world invest money to meet their goals, fulfil their ambitions, and prepare for the future.

We have around 6,000 people on six continents. And we’ve been around for over 200 years, but keep adapting as society and technology changes. What doesn’t change is our commitment to helping our clients, and society, prosper.