Funds Lawyer - 3-6yrs PQE - Edinburgh or London

Job Description

FUNDS LAWYER3-6YRS PQEEDINBURGH OR LONDON BriefWe are seeking to recruit a private investment funds lawyer. The candidate will be based at either our London or Edinburgh office but we are an international team and so the candidate will have the ability to work with partners and others in the team inLondon as well as across our international offices. Unlike other Scottish based funds teams, you will therefore have exposure to a full spectrum of funds work, including for City and international based clients.The ideal candidate would be a lawyer with 3to 6years experience of funds establishment and related work.Our Investment Funds TeamOur Funds team acts for fund managers on the full range of their investment funds work, including fund structuring, formation and investment work with a focus on key sectors including real estate, energy, infrastructure, debt and buy-out funds. We adviselarge asset owners on their investment into fund structures and on secondary transactions. We also have a strong African fund formation and fund investing practice and have strong focus on impact investments and sustainable finance. This is a growing areaand the team has an excellent track record and has been shortlisted for this years The Lawyer Funds Team of the Year and the Financial Times Innovative Lawyers award off the back of its work in impact funds.Our Funds team has seen significant investment over the last three years and recently expanded the practice by promoting one partner. We now need to recruit again to service our existing work but we have exciting plans which we believe will mean furthersignificant growthas above we see a lot of this growth can come from impact work which is helping our clients make a positive global difference. We are committed to invest further in the team and in this practice area.We work closely with members of our tax team to provide the full service of legal advice for the structuring and establishment of funds. The Funds team is a part of the financial services group and therefore has the full support of a team of regulatorylawyers to provide advice on the related financial regulation aspects of fund raising - e.g. financial promotion and AIFMD.Our current team includes experienced partners with in-depthexperience of all aspects of fund raising, including funds established in the Channel Islands, Luxembourg, Mauritius and the Cayman Islands. We also have a strong investment funds presence inour Dublin office which, together with our existing UK team, gives rise to exciting opportunities, particularly following Brexit.Our Funds team provides exciting opportunities to grow and develop. In recognition of our recent growth and having acted on complex, cross-border mandates our Funds team was nominated for Funds team of the year at The Lawyer awards in 2019 and again in 2020(when we were commended) as well as the 2021 nominations referred to above. We are at the early stages of an exciting journey with fantastic opportunities for new joiners to help further exploit established relationships within the firm and to explore newrelationships from existing good connections.Basic requirementsThe ideal candidate will be able to support our team and will have experience of advising on various matters relating to the establishment of, and investing in, private investment funds. It will also be essential that the candidate enjoys business developmentas we are a growing team. Relevant experience will include:

• drafting constitutional documentation of funds including limited partnership agreements, unit trust deeds and shareholder agreements;
• drafting and negotiating ancillary documentation such as management agreements and administration agreements;
• advising on carried interest arrangements;
• reviewing marketing material;
• high level advice on UK financial regulation as it relates to investment funds (specifically a familiarity with AIFMD and the UKs financial promotion regime);
• negotiating fund documentation with investors and dealing with side letter requests;
• drafting LLP agreements in relation to setting up new managers;
• dealing with offshore law firms and administrators;
• reviewing fund documentation for institutional investors and preparing user friendly reports;
• negotiating with fund counsel when acting for investors (either as cornerstone investor or as a minority investor) and ideally when acting for UK pension funds; and
• discussing new funds with both start-up and experienced managers.

Additional attributesAs well as having the experience mentioned above, the candidate should be:

• strong academically;
• happy to work on creating marketing material, know-how and being involved in business developmentthis is a growing team and, accordingly, we would like the candidate to take an active part in that;
• prepared to work on a small number of mandates that dont fit a traditional private funds rolethis will include joint venture agreements and occasionally advice on M&A transactions in the funds space although that type of work is always done with thesupport of our corporate team;
• a team player who can work with different teams and lawyers across the firm; and
• keen to work in a growing international firm that is making headlines.

About the Firm Pinsent Masons is a global 100 law firm, with over 3,400 employees operating out of