General Counsel

Responsibilities

• Ability to become actively involved in all operational aspects of firm management to promote culture and vision of senior partners.
• Responsible for preparation, implementation, and interpretation of fund governing documents, for fund and investment level structuring, for managing fund closing processes and for negotiation and execution of investor subscription and side letter documentation.
• Drafting and negotiating agreements with banks and brokers, including ISDA Master Agreements and Schedules, Credit Support Annexes, Global Master Repurchase Agreements, Cleared Derivatives Execution Agreements, Prime Broker Agreements and Custody Agreements.
• Develop and maintain firm-wide legal documentation standards to ensure consistent practices across all firm contracts and fund investments.
• Advise senior partners on litigation, regulatory, governance and transactional matters.
• Manage relationships with outside counsel, including US, UK and Cayman.
• Manage corporate governance process for funds including frequent interaction with fund directors and managing quarterly board of directors meeting.
• Forming, liquidating and dissolving domestic and foreign corporations, limited liability companies and limited partnerships; drafting notices and resolutions and attending generally to corporate governance matters.
• Work with senior management on insurance, intellectual property, data privacy, and work with CAO on employment matters.
• Work with the Compliance Department on various matters such as:
  • Interface with regulators during examinations.
  • Evaluation of MNPI facts and circumstances to determine restrictions and course of actions.
  • Identification and disclosure of conflicts of interest.

Requirements

• Detail knowledge of the Investment Advisers Act of 1940 and the rules regulating investment advisers. Knowledge of investment advisory requirements pursuant to FCA, HK SFC, and CPO requirements pursuant to CFTC and NFA.
• Proficiency with the Alternative Investment Fund Managers Directive of the EU (and its counterpart in the UK) and MIFID II.
• Proficiency with the Investment Company Act of 1940 and the Securities Act of 1933, and familiarity with ERISA and federal income tax principles as they relate to private funds and private fund advisers.
• Proficiency with Delaware and New York corporate, LLC and partnership laws.
• Knowledge of applicable sanctions and actions on investments.
• Understanding of third-party due diligence requirements including required contractual terms when third party is delegated regulatory functions.
• Strong writing and communication skills.
• 7-10 years’ experience in hedge fund legal department or hedge fund practice of a law firm.

Qualifications

Pharo Management is a leading global macro hedge fund with a focus on emerging markets. Founded in 2000, the firm has offices in London, New York, Hong Kong and Abu Dhabi and currently manages $8 billion in assets across four funds. Pharo trades foreign exchange, sovereign and corporate credit, local market interest rates, commodities, and their derivatives. We trade in over 70 countries across Asia, Central and Eastern Europe, the Middle East and Africa, Latin America as well as developed markets. Our investment approach combines macroeconomic fundamental research and quantitative analysis.

Skills

• Legal expertise in hedge fund regulation and compliance.
• Experience in drafting and negotiating complex financial agreements.
• Strong understanding of corporate governance and securities law.
• Excellent written and verbal communication skills.

Benefits

Exact compensation may vary based on skills, experience, and location. Base salary- $250,000-300,000/year.

Pay

Base salary- $250,000-300,000/year.

Schedule

Full time in New York.