Senior Legal Counsel - Secondaries Transactions (PE)
Job Description
Our client is a highly regarded independent global investment management firm specialising in private markets. With a long-established international presence and a multi-billion-dollar asset base, the firm invests across a range of private asset strategies and serves a diverse global investor base comprising institutional and private wealth clients. The firm has built a strong reputation for innovation, responsible investing and delivering tailored investment solutions through a collaborative and entrepreneurial culture. As the business continues to expand its secondaries platform, an opportunity has arisen for an experienced Senior Legal Counsel to join the London-based Legal team.
The Opportunity\nThis is a rare opportunity for a senior private funds lawyer to join a sophisticated and growing secondaries investment platform. You will work closely with investment professionals, senior management and external counsel on a broad range of complex and high-value transactions, including LP portfolio acquisitions, continuation funds, GP-led and LP-led preferred equity transactions, fund restructurings and other innovative secondaries solutions. In addition to transactional support, you will play a key role in advising on fund formation, fund structuring and strategic initiatives across the firm's global secondaries business.
Key ResponsibilitiesFund Formation & Structuring\n- \n
- Lead and coordinate legal aspects relating to the establishment, operation and governance of UK, US, Cayman and Luxembourg private equity fund structures. \n
- Partner closely with investment, product and investor relations teams on fund structuring and strategic product initiatives. \n
- Support the launch of new secondaries funds and bespoke separate managed account structures. \n
- Manage external counsel and oversee the preparation and negotiation of fund documentation, including limited partnership agreements, PPM, subscription agreements and related materials. \n
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- Act as lead legal adviser on acquisitions and disposals of primary and secondary fund interests, including both single-asset and portfolio transactions. \n
- Advise on transaction structuring, tax and regulatory considerations. \n
- Negotiate and execute purchase and sale agreements, transfer documentation, side letters and related transaction documents. \n
- Coordinate transaction closings and stakeholder management across multiple jurisdictions. \n
- Lead legal work-streams relating to NAV facilities and subscription credit facilities. \n
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- Attend Investment Committee meetings and provide strategic legal input on proposed transactions. \n
- Oversee MFN election processes and investor consent matters. \n
- Support advisory board interactions and underlying fund manager communications. \n
- Assist with contentious matters and dispute resolution as required. \n
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- Partner with Compliance to enhance governance frameworks, policies and controls. \n
- Provide practical legal advice on fund operations, regulatory developments and private equity investment matters. \n
- Build and maintain strong relationships with external law firms and service providers. \n
- Support broader legal team initiatives and collaborate closely with senior legal leadership. \n
We are seeking a commercially minded lawyer who enjoys operating at the intersection of complex transactions, fund structuring and business strategy.
Experience & Qualifications\n- \n
- Qualified lawyer in the UK or US. \n
- Minimum 6 year's post-qualification experience gained within a leading private funds practice and/or a sophisticated in-house investment management environment. \n
- Extensive experience advising on private equity fund structures and fund formation matters. \n
- Strong track record supporting secondaries transactions, including acquisitions and disposals of LP interests. \n
- Experience across UK and US fund structures; exposure to Luxembourg vehicles would be advantageous. \n
- Strong understanding of fund operations, fund closings and investor-related matters. \n
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- Experience with LP portfolio transactions. \n
- Exposure to continuation funds and GP-led secondaries. \n
- Experience advising on GP-led preferred equity and LP-led preferred equity transactions. \n
- Familiarity with NAV financing and subscription line facilities. \n
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- Commercially astute with strong business judgement. \n
- Confident stakeholder manager capable of influencing senior investment professionals. \n
- Highly organised with excellent project management skills. \n
- Collaborative, adaptable and comfortable working across multiple jurisdictions and time zones. \n
- Able to thrive in a fast-paced, entrepreneurial and intellectually demanding environment. \n
This role offers the opportunity to:
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- Work on some of the most sophisticated and innovative transactions in the secondaries market. \n
- Join a highly respected global private markets platform with an established international presence. \n
- Gain direct exposure to senior investment professionals and business leaders across multiple jurisdictions. \n
- Operate as a trusted adviser and strategic partner to the investment team. \n
- Play a key role in the continued growth and evolution of a leading secondaries franchise. \n
For experienced private funds lawyers seeking a broader commercial role with significant transaction exposure and strategic influence, this represents an exceptional opportunity.
