Asset Management Counsel

About the role

The Asset Management Counsel will join an experienced and collaborative Legal team to support the Galaxy Asset Management team. Key responsibilities include drafting, reviewing, and executing fund formation documentation, coordinating with external legal counsel, and providing legal advice on fund management matters.

Responsibilities

• Draft, review and execute on fund formation documentation, including entity formation, governance documentation, subscription documentation, and bespoke side letter agreements with limited partners
• Coordinate with external legal counsel, where applicable, as well as internal portfolio managers and sales teams on legal diligence, negotiation and execution of new investment opportunities
• Advise internal stakeholders with respect to ongoing fund management matters, such as limited partner outreach, limited partner advisory committee (LPAC) management, updates to fund disclosure and offering documentation as needed and liquidations of funds following the conclusion of applicable investment periods
• Assist Galaxy Asset Management’s Chief Compliance Officer and compliance team on legal matters relating to the formation and maintenance of Galaxy Asset Management funds and products
• Support the Chief Compliance Officer and compliance team on legal matters relating to the formation and maintenance of Galaxy Asset Management funds and products
• While the bulk of this role is expected to primarily focus on fund and product-level matters, there will be opportunities for the right candidate to work with and alongside Venture Counsel in the diligence, negotiation and execution of private venture investments made by the various investing teams within Galaxy Asset Management, as well as other matters relating to asset management products, such as regulatory review and advising with respect to crypto-relevant issues and new asset management products
• Embrace and champion the thoughtful adoption of AI to improve team performance and business outcomes
• Leverage AI tools (e.g., generative AI, automation platforms, data copilots) to improve productivity, decision-making, and output quality in your day-to-day work

Requirements

• Minimum 3-7 years of relevant prior experience with a large law firm or in-house in a funds formation or asset management counsel capacity
• Experience and knowledge with legal issues present for asset managers and Registered Investment Advisors, including the Investment Advisers Act of 1940, applicable SEC rules and regulations, fund structuring (onshore and offshore), conflict of interest management and allocation of investment opportunities across multiple funds and fund types including private funds, ETFs and ‘40 Act funds
• Ability to navigate and manage transactions involving multiple parties, financial structures and unique terms and conditions
• Interest in issues relating to digital assets is required; experience and/or prior knowledge in the space is a plus

Qualifications

• Highly organized, with meticulous attention to detail and a demonstrated ability to produce high quality work product in a fast-paced, high-volume environment where multiple projects may be active simultaneously
• Active membership in the NY state bar

Skills

• Excellent written and oral communication skills

Benefits

• Competitive base salary and discretionary bonus
• Hybrid/Flexible Working Arrangements
• Flexible Time Off (paid)
• 3% 401(k) company contribution
• Company-paid health and protective benefits for employees, partners, and other dependents
• Generous paid Parental Leave
• Competitive family planning benefits for US employees
• Opportunities to learn about the Crypto industry
• Smart, entrepreneurial, and fun colleagues
• Free daily snacks and weekly breakfasts/lunches
• Employee Resource Groups
• Free coaching and counseling sessions through Headspace

Pay

Base Salary Range: $150,000 - $225,000 USD

Schedule

Hybrid/Flexible Working Arrangements