Legal & Compliance - Fund Formation Attorney, MD

## Legal & Compliance - Fund Formation Attorney, MDApplylocations: New Yorktime type: Full timeposted on: Posted Todayjob requisition id: 42938Blackstone is the world’s largest alternative asset manager. Blackstone seeks to deliver compelling returns for institutional and individual investors by strengthening the companies in which the firm invests. Blackstone’s over $1.3 trillion in assets under management include global investment strategies focused on real estate, private equity, credit, infrastructure, life sciences, growth equity, secondaries and hedge funds. Further information is available at Follow @blackstone on LinkedIn, X (Twitter), and Instagram.The attorney would be a member of a small and specially dedicated centralized institutional fund formation legal team within Blackstone, with responsibility for leading key matters and managing junior team members, and would:* Serve as one of the main point persons for fund formation legal advice across the fundraising lifecycle for Blackstone’s institutional fund products, including advising on investor-facing issues and leading coordination with outside counsel and business groups on capital formation and related fund matters* Manage and develop junior attorneys and help prioritize, allocate and quality-control work across fundraising and product initiatives* Advise on negotiation of LPAs, side letters, MFN elections, subscription documents, and other fund governing and offering documents* Advise on LP experience and LP dynamics across fundraising and throughout the fund lifecycle, including helping Institutional Client Solutions and business teams anticipate and navigate investor priorities, managing precedent and MFN sensitivity, and shaping practical solutions and messaging that support long-term LP relationships while protecting the firm* Partner closely with Institutional Client Solutions, operations, business teams and L&C to drive execution on fund launches and investor negotiations, including coordinating stakeholder feedback, managing timelines, and navigating internal approvals and escalations* Support LPAC matters, fund governance, amendments, and ongoing investor relations legal issues throughout the fund lifecycle* Advise on regulatory considerations relevant to fund formation and capital raising, including matters arising under the Investment Advisers Act, Investment Company Act, ERISA and applicable securities laws**Qualifications:*** 10+ years of experience practicing fund formation law* In-house fund formation lawyer or from a law firm with a fund formation practice* Meaningful credit experience (e.g., private credit, structured products, NAV facilities, leverage and financing arrangements, or credit-related fund terms) strongly preferred* Experience with retail and open-ended private funds is not required but would be very helpful* Strong analytical skills with the experience to identify and proactively address legal risks in a practical, business-oriented manner* Collaborative team-oriented approach, with sound judgment, discretion, and the experience to manage multiple complex matters simultaneously in a fast-paced environment* Excellent written and verbal communication skills, with the experience to distill complex legal issues for senior business stakeholders* Experience with cross-border fundraising, non-U.S. investor structuring, and offshore fund vehicles is a plus* Demonstrated experience managing and mentoring other lawyers* J.D. from an accredited law school and admission in good standing to at least one U.S. state bar (New York preferred)The duties and responsibilities described here are not exhaustive and additional assignments, duties, or responsibilities may be required of this position. Assignments, duties, and responsibilities may be changed at any time, with or without notice, by Blackstone in its sole discretion.**Expected annual base salary range:**$270,000 - $300,000Actual base salary within that range will be determined by several components including but not limited to the individual's experience, skills, qualifications and job location. For roles located outside of the US, please disregard the posted salary bands as these roles will follow a separate compensation process based on local market comparables. Additional compensation and benefits offered in connection with the role consist of comprehensive health benefits, including but not limited to medical, dental, vision, and FSA benefits; paid time off; life insurance; 401(k) plan; and discretionary bonuses. Certain employees may also be eligible for equity and other incentive compensation at Blackstone’s sole discretion.Blackstone is committed to providing equal employment opportunities to all employees and applicants for employment without regard to race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, status as a victim of domestic violence, a sex offense or stalking, or any other class or status in accordance with applicable federal, state and local laws. This policy applies to all terms and conditions of employment, including but not limited to hiring, placement, promotion, termination, transfer, leave of absence, compensation, and training. All Blackstone employees, including but not limited to recruiting personnel and hiring managers, are required to abide by this policy.If you need a reasonable accommodation to complete your application, please contact Human Resources at View phone number on click.appcast.io (US), View phone number on click.appcast.io (EMEA) or View phone number on click.appcast.io (APAC).Depending on the position, you may be required to obtain certain securities licenses if you are in a client facing role and/or if you are engaged in the following:* Attending client meetings where you are discussing Blackstone products and/or and client questions;* Marketing Blackstone funds to new or existing clients;* Supervising or training securities licensed employees;* Structuring or creating Blackstone funds/products; and* Advising on marketing plans prepared by a sales team or developing and/or contributing information for marketing materials.Note: The above list is not the exhaustive list of activities requiring securities licenses and there may be roles that require review on a case-by-case basis. Please speak with your Blackstone Recruiting contact with any questions. To submit your application please complete the form below. Fields marked with a red asterisk \* must be completed to be considered for employment (although some can be answered "prefer not to say"). Failure to provide this information may compromise the follow-up of your application. When you have finished click Submit at the bottom of this form. #J-18808-Ljbffr