Private Fund Associate (3rd5th Year) - New York
Company: Direct Counsel
Location: New York City
Posted on: February 17, 2026
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Job Description:
Job Description Job Description Private Fund Associate (3rd–5th
Year) Location: Boston, New York, Washington, D.C. Compensation:
$365,000 – $435,000 per year, based on experience Direct Counsel is
representing an Am Law 100 firm seeking a Private Fund Associate
(3rd–5th year) with extensive experience advising both established
and emerging sponsors of private funds. The ideal candidate will
have a strong focus on private fund formation and the ongoing
operational and regulatory issues that arise in managing private
funds. Significant experience advising on the general partner (GP)
side is required. Key Responsibilities: Advise clients on the
formation, structuring, and management of private investment funds
Draft and negotiate limited partnership agreements, side letters,
private placement memoranda, and related fund documentation Address
ongoing regulatory and operational matters, including compliance,
investor communications, and fund governance Provide strategic
counsel to GP clients on fundraising and investment activities
Support clients across various asset classes and fund strategies
Collaborate with internal teams and contribute to high-level client
strategy Qualifications: 3–5 years of experience focused on private
fund matters at a top-tier law firm Deep experience advising
general partners (GPs) on fund formation and management Excellent
academic credentials from a top law school Strong drafting,
negotiation, and client advisory skills Self-starter with the
ability to manage complex workstreams independently and
collaboratively Admission to the Bar in good standing Why Join:
Work with a top-tier, nationally recognized investment management
group Engage in high-impact work with sophisticated fund sponsors
and clients Enjoy robust mentoring, client-facing opportunities,
and a clear path to growth
Keywords: Direct Counsel, Hicksville , Private Fund Associate (3rd5th Year) - New York, Legal , New York City, New York
