United States onlyJoin our experienced roster of consultants that support Hedge Funds and Family Offices. Arootah is a personal and professional development leader in the Investment and Financial Services industry. Our mission is to provide top business advisory services to our hedge fund client base. We focus our Business Consulting on the multi-faceted needs of Hedge Funds and Family Offices. Arootah was founded by Rich Bello, the Co-Founder and COO of the industry-leading $10 billion hedge fund, Blue Ridge Capital. Rich brings more than 30 years of experience, including leadership positions at Morgan Stanley, Tiger Management, and Ernst Young.
Visit us at https://arootah.com/hedge-fund-advisory/ for more information.
WHO WE NEED:
Arootah is searching for experienced Chief Legal Counsel or General Counsel to consult to our highly prestigious client base. As a consultant, you will work with our Hedge Fund and Family Office clients to provide expert advice. Having previously served in this leadership role, you have specific, hands-on experience developing, implementing, and managing a full legal and regulatory program for a leading Hedge Fund or Family Office.
What You'll Do
- Best practice reviews.
- Developing realistic and effective action plans.
- Breaking apart goals into actionable steps.
- Advising on vendor selection and oversight.
- Creating and implementing policies, procedures, and control measures.
- Evaluating each client’s advancement toward goal actualization through key performance indicators (KPIs) and scoring matrices.
- Special projects or other areas of need.
Who You Are
- Directly establish and manage all aspects of the day-to-day legal functions including overseeing all regulatory requirements through proven experience with securities laws, rules and regulations applicable to Registered Investment Advisers and private funds (e.g., private equity or hedge) offering and related matters, including the Investment Adviser Act of 1940, Investment Company Act of 1940, Securities Act of 1933 and Securities Exchange Act of 1934, as well as other regulatory agencies including FINRA, NFA/CFTC, ERISA and general corporate law.
- Work directly with the Founder/Principal, Chief Compliance Officer, and outside legal counsel to ensure the proper adherence to all applicable laws, regulatory and reporting requirements across all business entities and functions of the firm and its funds.
- Manage the relationship with outside counsel to draft legal documentation, negotiate legal agreements, such as LPAs and side letters, with prospective investors.
- Review, negotiate and advise on organizational and ancillary documents dealing with fund formation, disclosure documentation, offering process, (e.g., LPA, LLC Agreement, Share Purchase Agreement, Subscription Agreements, NDAs, Non-Reliance Letters, Side Letters) for U.S. and non-U.S. investment funds.
- Provide advice and counsel regarding the offer and sale of investment products and services throughout the US and in non-US jurisdictions.
- Monitor and advise on changes to federal and state laws, rules, and regulations applicable to the Firm and its funds. Conduct corresponding trainings, as appropriate, and offer to lead/support with implementation of new protocols needed to ensure compliance.
- Collaborate with internal stakeholders on firm-wide projects and initiatives including the negotiation, management, and oversight of all vendor contracts, as well as employment and labor issues and practices, focusing on all local, state, and federal mandates.
- Draft and negotiate investment management agreements for US and non-US institutional separate account clients to ensure sound onboarding and implementation.
- Negotiate terms and advise investment professionals in the formation, structuring, negotiation and execution of private equity, hedge fund, direct equity, and co-investment transactions.
- Support litigation-related matters, including discovery or subpoenas for the Firm and its affiliates.
Qualifications
- A Bachelor’s Degree in Law, Finance, Business Administration, or a related field.
- Candidates must have a Juris Doctor or equivalent law degree.
- Member in good standing of the bar in one or more U.S. states
- 12+ years of experience as Chief Legal counsel or General Counsel with a leading Hedge Fund or Family Office.
- 8+ years of experience dealing with Federal securities laws and federal, state, and local regulations guiding financial institutions including, but not limited to, the Investment Company Act of 1940, the Investment Advisers Act of 1940, Securities Exchange Act of 1933, at a Hedge Fund, Investment Management Firm, Family Office, or major law firm supporting U.S. registered investment advisers.
- Extensive experience dealing with a variety of investment vehicles, security types, and asset classes in a number ofjurisdictions as well as with a variety of regulatory agencies both in the U.S. and abroad.
- Excellent oral and written communication skills, including via phone, email and video conference with the ability to exercise sound judgment and discretion and proven experience being the primary contact on legal and compliance-related inquiries.
- Identify opportunities to improve existing processes and procedures and appreciate the cross section of legal and compliance to help mitigate risk.
Become part of a well-funded disruptor in the finance and technology space.
The ability to work remotely.
Flexible hours and ability to choose your assignments.
The hourly consulting rate of pay is expected to be a minimum of $400 and a maximum of $600, per hour. The hourly rate will be determined by several factors which may include, but are not limited to, the length of the individual engagement, level of difficulty, level of specialization required, professional designations, skills, and years of experience.
