Associate General Counsel

The Associate General Counsel will provide legal support focusing on investment funds, federal tax matters, and corporate governance. This role involves collaborating with internal teams to ensure compliance and manage legal risks effectively.

Client Details

Real estate firm with affordable housing focus.

Description

• Advise on a wide range of transactional matters involving multi-investor and proprietary investment funds and project partnerships, including preparing and negotiating fund agreements and ancillary fund closing documents, preparing and negotiating fund investor side letter agreements, and closing funds.
• Coordinating fund closings with the Investor Relations Department and managing and overseeing outside legal counsel
• Manage paralegal preparation of certificates and other ancillary fund closing documents.
• Drafting and reviewing post-closing project investment approvals for the Investor Relations Department and coordinating assignment of project investments from warehouse lines of credit to funds.
• Performing due diligence and managing the negotiation and execution of legal documents related to the closing of fund-level bridge loans and warehouse lines of credit.
• Handling investor transfer requests, including performance of due diligence and negotiation of transfer documents, and advising the Investor Relations Department on such matters.
• Advising on matters related to new funds and business initiatives, including tax-related and structural considerations.
• Reviewing fund agreements and fund investor side letters to determine consent rights concerning a range of matters including waiver of equity benchmarks.

Profile

A successful Associate General Counsel should have:

• A law degree from an accredited law school and good academic credentials.
• US State Bar membership, in good standing.
• 6+ years of experience in a top law firm or corporate legal department environment involving investment funds, federal tax law, securities, limited partnership law, and limited liability company law.
• Experience with commercial real estate development and financing (investment and/or lending), preferably involving affordable housing and federal low-income housing tax credits.
• Familiarity with government programs related to affordable housing and community development a plus, but not required.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication abilities.
• The ability to work collaboratively across teams and manage multiple priorities.

Job Offer

• Competitive salary
• Remote work if not local to Chicago, IL.
• Discretionary bonus opportunities.
• Comprehensive benefits package.