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Senior Vice President of Legal Affairs
2 months ago
About Us:
Gridline specializes in providing access to premier alternative investments, facilitating a streamlined approach to achieve diversified exposure to non-public assets with reduced capital requirements, transparent fee structures, and enhanced liquidity.
In contrast to the traditional investment process, which can be laborious and inefficient, we are reimagining the entire framework from the ground up, employing a technology-driven strategy that simplifies the discovery, deployment, and management of alternative investments.
Similar to how other platforms have transformed the financial sector (payments, lending, trading, etc.), we are creating the pathway for new ventures into alternatives by minimizing complexity and prioritizing usability within our platform.
Our Team:
Our collective expertise spans decades across the technology and investment sectors, and we are eager to continue our expansion alongside individuals who:
- Make informed decisions grounded in data and analytical insights, focusing on delivering long-term value.
- Think strategically and can clearly articulate their objectives.
- Embrace calculated risks, remain open to potential setbacks, and consistently strive for progress.
- Are passionate about our mission and committed to continuous learning.
- Operate with a high level of integrity, authenticity, and transparency.
Position Summary:
As the Senior Vice President of Legal Affairs, you will oversee Gridline's fund formation and regulatory compliance, playing a crucial role in supporting our investment initiatives.
You will be accountable for managing all legal components of fund formation, structuring, and compliance, ensuring strict adherence to applicable regulations and laws.
The ideal candidate will possess extensive experience in fund formation, a comprehensive understanding of regulatory requirements, and outstanding analytical and communication skills.
Key Responsibilities:
- Draft and negotiate fund documentation, including offering memorandums, subscription agreements, and management contracts; advise on and structure various investment products to be launched (fund of funds, feeder funds, direct investment SPVs).
- Collaborate with underlying managers to ensure alignment of their investment strategies with the objectives of the investment platform and compliance with all relevant laws and regulations.
- Negotiate with key stakeholders, particularly regarding distribution agreements and side letters.
- Assist the fund administration team in executing fund closings, ensuring compliance with subscription agreements and SEC filings.
- Develop and implement internal compliance policies and procedures, specifically the Gridline Compliance Manual and Code of Ethics.
- Provide primary oversight and supervision of the Investment Advisers Act of 1940 and any SEC-adopted rules to prevent violations by the firm.
- Annually file and amend the firm's ADV to ensure compliance with SEC filing requirements.
- Assist in managing regulatory examinations, investigations, and inquiries conducted by FINRA, SEC, and state regulators, coordinating with regulators, auditors, compliance personnel, and business unit management.
- Conduct compliance training, ensuring courses align with applicable regulations.
- Demonstrate familiarity with technology and its implications for regulatory and compliance matters.
Qualifications:
- Juris Doctor (JD) from a prestigious law school and active membership in good standing with the state bar.
- 8+ years of legal practice focused on fund formation and regulatory compliance, preferably within a major law firm or large asset management institution.
- Extensive knowledge of investment fund structures, including private equity, venture capital, private credit, and real estate funds.
- Strong understanding of regulatory frameworks governing investment funds, including SEC regulations (e.g., Investment Advisers Act of 1940, Securities Act).
- Excellent drafting and negotiation skills, with the ability to review and create complex legal documents with precision.
- Exceptional analytical and problem-solving capabilities, with a keen attention to detail.
- Effective communicator with the ability to convey complex legal concepts clearly and concisely.
- Proven ability to collaborate in a fast-paced environment and manage multiple priorities simultaneously.
Even if you do not meet all the qualifications for this position but are passionate about our mission, we encourage you to express your interest — we would love to hear from you.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, disability status, or any other characteristic protected by applicable law.
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