Senior Legal Counsel - Private Debt

Full Time
3 days ago

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

Position Overview

The candidate who fills this position will be employed by StepStone Group Luxembourg S.à r.l. in Luxembourg (the “Employer”). The StepStone manages private markets funds primarily domiciled in Ireland, Luxembourg, UK, Cayman Islands and the USA. This position will primarily provide legal advice to the Private Debt asset class and may from time to time supports other StepStone asset classes in respect of European matters. The position will report to the Associate General Counsel, Private Debt.

Essential Job Functions:

  • Work closely with Associate General Counsel on all LP-facing fund matters, including but not limited to drafting fund related agreements (such as investment advisory agreements, depository agreements, administration agreements, side letters etc.) and other fund related documents (such as subscription forms, offering memoranda, supplements, etc.)
  • Coordinate with outside counsel and support in negotiating fund financing/ credit agreements
  • Draft and negotiate distribution agreements, coordinate with Compliance Department to ensure compliance with local marketing laws and regulations
  • Draft and negotiate advisory and other stand-alone agreements
  • Proactively liaise with Associate General Counsel and other internal stakeholders to ensure consistent and coherent implementation of various legal projects
  • Support management of Luxembourg boards
  • Manage outside counsel and other services providers such as company secretaries
  • Lead ad-hoc process improvement projects and other tasks

Education and/or Work Experience Requirements:

  • Experience in negotiating/drafting fund related agreements and other documents, with special focus on Luxembourg Alternative Investment Funds. Exposure to Irish, US as well as Cayman fund structures is an asset
  • Have successfully worked for a minimum of 4-5 years in a reputable law firm or asset management firm in investment funds
  • Preferably have some experience as an in-house lawyer

Other Desired Skills/Attributes:

  • “Self-starter with the ability to work independently (but under certain level of supervision) and proactively manage the book of work
  • Professionally communicate with all levels of staff, internal and external
  • Utilize effective time management skills to maintain a commitment to quality and attention to detail; ensure that all work is completed accurately and on time
  • Foster a sense of teamwork, assisting others when needed/required; work collaboratively with attorneys supporting other asset classes to share best practices, provide coverage, etc.
  • Flourish in a challenging, fast-paced, and professional environment with frequent shifts in priorities as business needs dictate
  • Have a strong sense of integrity, behaving consistently with expressed values and ethical principles of StepStone
  • Focus on specific goals and demonstrate a sense of personal growth, accountability and urgency for achieving results
  • Willingness to limited travel (Switzerland and Ireland)

Employee Benefits:

  • Competitive salary with discretionary bonus [other benefits such as lunch vouchers, health insurance to be added as available in Lux]

 

At StepStone, we believe that our people are our most important asset and crucial to our success.  We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure.  Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.  

As an Equal Opportunity Employer, StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law.

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