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)
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