Pernini Legal, LLC
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PRIVATE FUNDS ASSOCIATE ATTORNEYLocation: Los Angeles, CAHYBRID

Our client, a highly respected global AmLaw 50 law firm, is seeking a skilled Private Funds Associate Attorney to join its top-ranked Financial Services Practice Group in Los Angeles. This is a compelling opportunity for an attorney with fund formation experience to join a collaborative, high-caliber team advising a diverse range of clients—from first-time fund sponsors to many of the world’s largest asset managers—across all major asset classes and fund strategies.

Candidate Profile:

  • JD from a leading law school with a strong academic record.

  • Active Bar Admission in California, in good standing.

  • 3–6 years of relevant experience in private fund formation and related regulatory matters.

  • Substantive experience drafting and negotiating private fund documentation, including private placement memoranda, fund and partnership agreements, subscription materials, advisory agreements, placement agent agreements, and related legal opinions.

  • Demonstrated ability to manage fundraises from launch through closing, including project management, direct client interaction, investor negotiations (e.g., side letters), and subscription processes.

  • Solid knowledge of the Investment Advisers Act, Investment Company Act exemptions, and Regulation D requirements.

  • Preference for candidates with direct private funds experience; however, strong corporate associates with a clear interest in transitioning to funds work will also be considered.

  • Prior experience at a large law firm is highly preferredin-house or regulatory experience is a plus.

  • Soft Skills: Strong legal writing, communication, and oral advocacy skills, alongside sound business acumen, are essential.

Key Responsibilities:

  • Advise clients on the structuring, formation, and operation of private investment funds, including private credit, private equity, real estate, buyout, growth capital, secondaries, and funds of funds.

  • Draft, review and negotiate core fund documents and side letters.

  • Lead investor negotiations and manage full subscription and closing logistics.

  • Oversee regulatory filings and advise counsel on compliance with federal securities laws.

  • Serve as a trusted advisor to clients, offering strategic, business-minded guidance throughout the fund lifecycle.

  • Collaborate with colleagues across regulatory, tax, and transactional practices to provide integrated legal support.

Why Join Us?

This is a unique opportunity to join a nationally recognized private funds practice, consistently ranked by Chambers USA, Best Lawyers, and The Legal 500 US. The firm offers a dynamic and inclusive work environment that emphasizes mentorship, innovation, and early associate ownership of matters. Associates are encouraged to develop deep client relationships and expand their practice in a supportive and forward-thinking culture.

Compensation & Benefits:

  • Competitive Base Salary: Starting at $260,000+, depending on class year and experience.

  • Comprehensive Benefits Package: Medical, dental, vision, life, and pet insurance; mental health and wellness programs; 401(k) and retirement plans; generous PTO and parental leave; commuter benefits; relocation support; and robust professional development resources.

Application Requirements:

Interested candidates should submit a cover letter, resume, and law school transcript.

Our client is an Equal Opportunity Employer.

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