Private Funds Counsel

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate. As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients.

Wellington Management offers comprehensive investment management capabilities that span nearly all segments of the global capital markets. Our investment solutions, tailored to the unique return and risk objectives

of institutional clients in more than 60 countries, draw on a robust body of proprietary research and a collaborative culture that encourages independent thought and healthy debate.

As a private partnership, we believe our ownership structure fosters a long-term view that aligns our perspectives with those of our clients. Wellington Management has been investing in private markets for many years, and the firm launched its first dedicated private equity fund in 2014. Currently we manage over US $9 billion in assets across four growth equity/venture fund franchises and private credit strategies, including private equity and private credit strategies including late-stage growth, multi-stage sustainability venture, early-stage venture and hybrid financials.

Position Overview

We are seeking an experienced attorney to join our Private Funds Legal Team to join the ongoing expansion of our private markets business, a global team providing holistic legal support to Wellington Management’s growing private capital business. This new Counsel will join a team of dynamic lawyers advising business, investment and operational colleagues on a range of transactional, regulatory and strategic matters.

This individual will focus primarily on supporting the strategic development, formation and ongoing lifecycle of private credit and/or private equity funds, co-investment programs, evergreen strategies and related vehicles. Counsel will also collaborate closely with other team members and cross-functional colleagues to advise on legal and regulatory developments, new business initiatives and strategic projects.

Responsibilities

• Advise on the formation, operation and governance of private credit, private equity/venture capital funds and evergreen strategies, whether domiciled in the US, Cayman, or Europe

• Counsel business, operational and investment colleagues on a wide range of activities and initiatives, including platform-level design and growth

• Represent the firm in negotiations with fund investors and strategic service providers

• Manage and collaborate with external counsel and alternative providers

• Monitor and advise on legal, regulatory, and market developments impacting our funds and business

• Lead or contribute to team projects to enhance and grow the scalability of our fund lifecycle support model

• Advise and collaborate with compliance partners to develop or update risk-based policies and controls

Qualifications & Skills

• 8+ years of experience practicing law at a national law firm or in-house

• Experience with private fund formation, investment adviser regulation and federal securities laws

• Strong counseling skills and judgment, adept at balancing risks and commercial objectives

• Excellent communication, relationship and influence skills, able to distill complex topics for varied audiences

• Strong organizational skills, comfortable prioritizing and managing competing deadlines in a fast-paced environment

• Demonstrated analytical and problem-solving capabilities, able to proactively identify risks and areas for improvement and drive pragmatic solutions

• Ability to work independently and collaboratively in a team-oriented, global and cross-functional environment

• Growth mindset and intellectual curiosity, open to learning new practice skills and developing new subject matter expertise as needed

• Desire to help develop and grow contributions of early career professionals in the team

Not sure you meet 100% of our qualifications?  That’s ok. If you believe that you could excel in this role, we encourage you to apply and welcome a chance to review your background. We are dedicated to building and maintaining a diversified workforce and considering a broad array of candidates with a variety of skill, workplace experiences, and backgrounds.

As an equal opportunity employer, Wellington Management ensures that all qualified applicants will receive equal consideration for employment without regard to race, color, sex, sexual orientation, gender identity, gender expression, religion, creed, national origin, age, ancestry, disability (physical or mental), medical condition, citizenship, marital status, pregnancy, veteran or military status, genetic information or any other characteristic protected by applicable law. If you are a candidate with a disability, or are assisting a candidate with a disability, and require an accommodation to apply for one of our jobs, please email us at [email protected].

At Wellington Management, our approach to compensation is designed to help us attract, inspire and retain the best talent in our industry. We strive to pay employees fairly and competitively across all levels and roles. Our approach to compensation considers all aspects of total compensation; all employees are eligible to receive salary, variable compensation, and benefits. The base salary range for this position is: