Global Funds Legal Counsel - Wealth Products

Position Summary

Carlyle's Global Funds Legal team provides well-reasoned, concise advice on current, proposed or anticipated business activities of Carlyle and our funds, balancing business-oriented goals with legal and reputational risk. The attorney would be a part of the Legal team, providing legal support for the firm's wealth-focused investment products across all investment strategies.

Responsibilities

• Support legal coverage of Carlyle's wealth platform, including private and '40 Act retail funds
• Serve as the primary legal counsel for the offering of Carlyle's funds to retail and wealth channels through distributors and placement agents
• Support new product initiatives, including working with the product development team to launch wealth-focused fund vehicles
• Lead the drafting, negotiation and ongoing maintenance of distribution agreements, transfer agency agreements, selected dealer agreements, placement agent agreements and related documents across private funds and '40 Act funds
• Interpret limited partnership agreements and other documentation relating to Carlyle's wealth-focused funds
• Advises on Investment Company Act matters relevant to private funds, including 3(c)(1) and 3(c)(7) exemptions
• Partner with product, investor relations, finance, compliance and operations teams to address day-to-day legal and regulatory issues affecting the firm's wealth products, including investor onboarding, transfer processes, redemption requests and liquidity management
• Advise on SEC Marketing Rule compliance in connection with offering private funds
• Aid in preparation and review of regulatory filings and offering documents
• Draft and maintain appropriate policies and procedures for wealth-focused funds
• Draft and review non-disclosure agreements, letter agreements, structure charts, resolutions and other documents

Requirements

• Education & Certificates: JD from a top-tier law school with strong academic performance, required; Active member of the bar of at least one state or the District of Columbia
• Professional Experience: At least 5 years of professional working experience at a reputable law firm with a focus on fund formation; Experience working with transfer agents, distributors, placement agents and other wealth-channel intermediaries
• Skills: Attention to detail, strong time management, organizational skills and logical/analytical approach to work are essential; Ability to think critically, spot issues and exercise good judgement, balancing business-oriented goals with legal and reputational risk; Ability to work effectively as part of a team

Benefits/Compensation

The compensation range for this role is specific to Washington, DC and New York, NY and takes into account a wide range of factors including but not limited to the skill sets required/preferred; prior experience and training; licenses and/or certifications. The anticipated base salary range for this role is $200,00 to $250,000. In addition to the base salary, the hired professional will enjoy a comprehensive benefits package spanning retirement benefits, health insurance, life insurance and disability, paid time off, paid holidays, family planning benefits and various wellness programs. Additionally, the hired professional may also be eligible to participate in an annual discretionary incentive program, the award of which will be dependent on various factors, including, without limitation, individual and organizational performance.