Assistant General Counsel – Fund Services

Assistant General Counsel – Fund ServicesFounded in2002 and based in Austin, TX, SALI Fund Services (“SALI”) a JTC Group Company,delivers a turn-key solution for the creation and administration of InsuranceDedicated Funds (“IDFs”) and separately managed accounts (“SMAs”). Ourinnovative platform enables investment managers to create tax-compliant IDFsand SMAs that seamlessly integrate with insurance company Private PlacementVariable Annuity and Private Placement Life Insurance account platforms.SALI serves adiverse group of clients, from boutique hedge funds to the world’s largestwealth management institutions. Currently, we administer over 250 IDFs andSMAs, collectively representing more than $30 billion in assets. As a fundadministrator, SALI is dedicated to providing white-glove service, industryexpertise, and operational excellence for every client engagement.The AssistantGeneral Counsel at SALI will play a key role in advising on a wide range oflegal issues affecting the firm and its private funds. This position will focuson private fund formation and structuring, including responsibility fordrafting and reviewing offering documents. The role also requires expertisewith the Investment Advisers Act of 1940, as well as broad support onregulatory, compliance, and operational matters.MAIN RESPONSIBILITIES AND DUTIESDraft, review, and negotiate private fund formationdocuments, including private placement memoranda, limited partnershipagreements, subscription documents, and service provider contracts.Provide legal support throughout the fund formation,launch, and capital raising process, collaborating closely with business andoperations teams.Advise on ongoing fund management matters, includingtransactional support, side letters, investor communications, co-investmentarrangements, and relevant regulatory filings.Research, interpret, and ensure compliance with theInvestment Advisers Act of 1940 (“Advisers Act”) as it pertains to investmentvehicles, operations, exemptions, and regulatory status. Preference will begiven to candidates with prior experience with the Investment Company Act of1940 (“’40 Act”) and the Commodity Exchange Act of 1936 (“CEA”).Support all aspects of U.S. and global regulatorycompliance, including SEC, CFTC, AML/KYC and other applicable regimes.Assist with LSTA- and LMA-financing and ISDA- andGMRA master trading documentation.Monitor and advise on changes in the legal andregulatory landscape impacting private funds, advisers, and the broaderindustry.Work with outside counsel as needed on specializedmatters or cross-border issues.Support broader legal and compliance initiatives forthe firm as assigned.ESSENTIAL REQUIRMENTSJ.D. from an accredited law school and admission topractice in at least one U.S. jurisdiction.4–8 years of legal experience, either in-house at anasset management firm or with a top law firm advising private fund clients.Significant experience drafting and negotiatingprivate fund offering and governing documents.Demonstrated expertise with U.S. securities laws andregulations governing funds and advisers, including the Securities Act of 1933,the Securities Exchange Act of 1934 and the Advisers Act and related regulatorymatters. Preference will be given to candidates with prior experience with CEAand ’40 Act.Strong project management, analytical, andcommunication skills.Ability to work collaboratively across business,operations, and compliance teams in a fast-paced environment.Transactional experience with syndicated loans,derivatives and prime brokerage is a plus.Whether you are just starting out or seeking new challenges, JTC offers an environment where you can grow, develop, and succeed at every stage of your career.Stay up to date with expert insights, latest updates and exclusive content. #J-18808-Ljbffr

Created: 2025-09-17