Counsel, Private Funds

Ares Management Corporation
Posted Feb 06
Full Time
New York

_Over the last 20 years, Ares’ success has been driven by our people and our culture. Today, our team is guided by our core values – Collaborative, Responsible, Entrepreneurial, Self-Aware, Trustworthy – and our purpose to be a catalyst for shared prosperity and a better future. Through our recruitment, career development and employee-focused programming, we are committed to fostering a welcoming and inclusive work environment where high-performance talent of diverse backgrounds, experiences, and perspectives can build careers within this exciting and growing industry.

_ Job Description

Ares Management Corporation (NYSE: ARES) is looking to hire an attorney to join its existing Legal team of 50+ attorneys and other legal professionals. The Ares Legal team is responsible for advising on a wide range of legal matters as it guides Ares' business through an evolving and complex financial, legal, and regulatory environment across the multiple jurisdictions in which the firm operates. The attorney will focus on all aspects of private fund formation and will also assist in certain special projects. The position will be located in New York or Boston and report to an Assistant General Counsel of the Ares fund formation team.

The ideal candidate will work directly with senior investment professionals as well as the broader Ares Legal department, Finance & Accounting, Tax, Investor Relations and Compliance departments. Familiarity, and experience with legal matters relevant to private fund formation, is highly preferable. This role is a great opportunity to be part of a team-oriented legal group and work at one of the largest alternative investment managers in a fast-paced, dynamic environment.

Primary Functions & Responsibilities

  • Support all aspects of the private fund formation process, including fund structuring, review of legal documentation, investor negotiation and managing the closing process
  • Assist in development and implementation of legal and operational infrastructure to support fundraising and operation of funds through their life cycle
  • Work collaboratively with colleagues and stakeholders across multiple departments and business lines to facilitate onboarding and operation of private funds and accounts
  • Work with tax and compliance teams to ensure compliance with applicable tax and securities laws
  • Remain up to date on relevant corporate governance and securities law developments
  • Manage relationships with external counsel

Qualifications

Education:

  • JD required with a strong academic background

Experience Required

  • 4-7 years of private fund formation experience
  • Significant collaboration with colleagues across multiple functions, including those in senior and executive leadership
  • Proven record of accomplishment in relationship management with internal and external stakeholders

General Requirements

  • Superior communication skills
  • Strong client service orientation
  • Excellent time management skills and ability to collaborate with others
  • Outstanding leadership and project management capabilities
  • Outstanding organizational skills with attention to detail
  • Ability to successfully manage multiple priorities and competing demands; result oriented
  • A solutions-oriented self-starter with the ability to see the big picture
  • A proficient issue spotter who sees through the complexity and is a creative problem-solver
  • Ability to thoughtfully balance the legal and commercial aspects of an issue
  • An analytical mind and a passion/interest in bringing new ideas to increase efficiency of existing processes

Reporting Relationships

Associate General Counsel, Private Funds

Compensation

The anticipated base salary range for this position is listed below. Total compensation may also include a discretionary performance-based bonus. Note, the range takes into account a broad spectrum of qualifications, including, but not limited to, years of relevant work experience, education, and other relevant qualifications specific to the role.

$225,000 to $250,000

The firm also offers robust Benefits offerings. Ares U.S. Core Benefits include Comprehensive Medical/Rx, Dental and Vision plans; 401(k) program with company match; Flexible Savings Accounts (FSA); Healthcare Savings Accounts (HSA) with company contribution; Basic and Voluntary Life Insurance; Long-Term Disability (LTD) and Short-Term Disability (STD) insurance; Employee Assistance Program (EAP), and Commuter Benefits plan for parking and transit.

Ares offers a number of additional benefits including access to a world-class medical advisory team, a mental health app that includes coaching, therapy and psychiatry, a mindfulness and wellbeing app, financial wellness benefit that includes access to a financial advisor, new parent leave, reproductive and adoption assistance, emergency backup care, matching gift program, education sponsorship program, and much more.

There is no set deadline to apply for this job opportunity. Applications will be accepted on an ongoing basis until the search is no longer active.