Job description
SUMMARY
The Legal Counsel (Principal) – Fund Formation and Structuring will play a key role in structuring, forming, and maintaining private and registered investment funds across GCM Grosvenor’s platforms. The attorney will work closely with senior legal, compliance, investment, product, and operations professionals to support new fund launches and strategic product initiatives, ensuring legal and regulatory compliance across jurisdictions. This role is an opportunity for a motivated attorney to gain hands-on experience in complex fund structures within a sophisticated asset management platform.
As an onsite/hybrid employee, you are expected to be in the office on Tuesdays, Wednesdays and Thursday.
RESPONSIBILITIES
- Lead or support the formation and ongoing maintenance of private funds, registered funds, and related investment vehicles; draft and negotiate LPAs, operating agreements, offering memoranda, and side letters.
- Collaborate with investment and product teams on new product launches, assessing legal structure, governance, and regulatory implications.
- Oversee preparation and negotiation of subscription agreements, side letters, and investor communications.
- Advise on issues under the Investment Company Act of 1940, the Investment Advisers Act of 1940, and related securities and commodities laws.
- Support fund board governance, periodic updates to offering documents, and investor reporting materials.
- Coordinate with external counsel to ensure efficient execution of fund-related initiatives.
- Serve as a trusted legal partner to internal stakeholders, balancing commercial goals with legal and regulatory requirements.
EDUCATION, SKILLS AND EXPERIENCE REQUIREMENTS
- Degree from a top-tier law school; admitted to practice in Illinois.
- 3–5 years of experience in a leading law firm’s fund formation or investment management practice, or comparable in-house experience at an asset manager.
- Demonstrated experience drafting and negotiating fund documentation (e.g., LPAs, PPMs, side letters, subscription documents, IMAs).
- Familiarity with both private and registered fund structures preferred.
- Strong grasp of applicable U.S. securities laws, including the Advisers Act and Investment Company Act.
- Exceptional drafting, analytical, and communication skills, with the ability to translate complex legal concepts into clear business guidance.
- Strong project management skills with a proven ability to manage multiple priorities under tight deadlines.
- High integrity, sound judgment, and a proactive, collaborative mindset.
The ideal candidate is a self-motivated, intellectually curious professional who thrives in a fast-paced environment and values precision, practicality, and teamwork. They will bring an ownership mindset, a high level of integrity, and a collaborative approach to partnering with colleagues across all levels of the firm.
Actual base salary may vary based on factors such as individual’s experience, skills, and qualifications for the role. Employees may be eligible for a discretionary bonus based on factors such as individual, team, and company performance as well as a comprehensive benefits package.
CHICAGO ANNUAL PAY RANGE
$200,000—$275,000 USD
ABOUT THE FIRM
GCM Grosvenor (Nasdaq: GCMG) is a global alternative asset management solutions provider with approximately $87 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.
The firm has specialized in alternatives for more than 54 years and has a diverse, engaged team of approximately 560 professionals serving a global client base. Eligible employees can elect to participate in comprehensive healthcare coverage (including medical, dental, vision and life insurance), flexible spending accounts, and the employer sponsored retirement plan. Additionally, employees are eligible for paid time off, parental leave, short-term and long-term disability, as well as other care/wellness programs.
The firm is headquartered in Chicago, with offices in New York, Toronto, London, Frankfurt, Tokyo, Hong Kong, Seoul, and Sydney. For more information, visit: gcmgrosvenor.com.
EQUAL OPPORTUNITY EMPLOYER M/F/D/V
