We are seeking a highly skilled and motivated Counsel specializing in fund formation to join our legal team. The successful candidate will play a key role in the development, structuring, and execution of fund formation initiatives. This position offers an exciting opportunity to work in a dynamic legal environment, collaborating with cross-functional teams and contributing to the growth and success of our organization.

Responsibilities:

• Draft, review, and negotiate fund-related documents, including partnership agreements, offering memoranda, investment management agreements, subscription agreements, investor side letters and other legal documents.
• Assist with fund closings, including communicating with outside counsel/investor counsel/fund service providers, review of investor subscription agreements, and side letters/MFN process.
• Assist with day-to-day fund maintenance, including fund document updates, amendments, investor questions and legal aspects of DDQs/RFPs.
• Advise on relevant laws, rules, and regulations applicable to fund structuring and formation.
• Review and negotiate other service agreements, vendor agreements, placement agreements and other similar agreements.
• Stay current with relevant laws and regulations affecting fund formation and operations.
• Address ad-hoc legal questions from, and collaborate with, internal teams, including investment team, investor relations, finance, operations, and compliance, to address legal considerations in a timely and cohesive manner.
• Communicate legal complexities in a clear and concise manner to non-legal stakeholders.
• Maintain accurate and organized records of fund formation documents and other legal documents/materials.
• Ensure timely and proper regulatory filings with relevant authorities.

•  Juris Doctor (J.D.) degree from an accredited law school and active bar membership.
• Minimum of four years of experience in fund formation, asset management or a related field desired.
• In-depth knowledge of investment fund structures, regulations, and industry best practices.
• Prior experience providing legal support to an asset manager and/or BDCs a plus. 
• 1940 Act and/or Investment Advisers Act experience a plus. 
• Prior experience in lending transactions a plus. 
• Knowledge of various securities laws and regulations, including the 1933 Act, 1934 Act, including disclosures and periodic filings.
• Strong drafting and negotiation skills, with a keen attention to detail.
• Excellent communication and interpersonal skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Demonstrated ability to manage multiple projects simultaneously and meet deadlines.
• If you are a self-motivated legal professional with a passion for fund formation and a commitment to excellence, we invite you to apply for this challenging and rewarding role. Join our team and contribute to the success of our organization's investment initiatives.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

ABOUT MONROE CAPITAL LLC 

Monroe Capital LLC (“Monroe”) is a premier boutique asset management firm specializing in private credit markets across various strategies, including direct lending, asset-based lending, specialty finance, opportunistic and structured credit, and equity. Since 2004, the firm has been successfully providing capital solutions to clients in the U.S. and Canada. Monroe prides itself on being a value-added and user-friendly partner to business owners, management, and both private equity and independent sponsors. Monroe’s platform offers a wide variety of investment products for both institutional and high net worth investors with a focus on generating high quality “alpha” returns irrespective of business or economic cycles. The firm is headquartered in Chicago and maintains offices in Atlanta, Boston, Los Angeles, Miami, Naples, New York, San Francisco, and Seoul. 

Monroe has been recognized by both its peers and investors with various awards including Private Debt Investor as the 2022 Lower Mid-Market Lender of the Year, 2022 CLO Manager of the Year, Americas; Global M&A Network as the 2022 Small Mid-Markets Lender of the Year, Americas; Creditflux as the 2021 Best U.S. Direct Lending Fund; and Pension Bridge as the 2020 Private Credit Strategy of the Year. For more information and important disclaimers, please visit www.monroecap.com.