Description:

Position Summary:
Audax Private Debt seeks an experienced attorney to serve as Fund Counsel. This individual will play a key role in supporting Audax Private Debt's fund formation, operations, and strategic growth initiatives. The position combines legal, operational, and business responsibilities, requiring someone who can operate with signiﬁcant independence and sound judgment in an entrepreneurial environment to help facilitate Audax Private Debt's continued growth.

The ideal candidate is collaborative, commercially minded, and will be empowered to add value beyond traditional legal execution. This individual will serve as a trusted legal advisor and thought partner to investment, investor relations, and business management teams, and will interact regularly with the ﬁrm's limited partners.

Responsibilities:

Collaborate alongside the ﬁrm's stakeholders on strategic initiatives, in a hybrid role that spans both business and legal functions
Act as a key liaison between Legal, Finance, Tax, Operations, Investor Relations, and Compliance teams, ensuring efficient coordination across business functions
Lead and oversee outside counsel in drafting and negotiating fund documentation
Collaborate with outside counsel to create new structural solutions for investment products based on the needs of the ﬁrm and its key limited partners
Partner with Investor Relations and senior management to formulate terms and product positioning
Negotiate directly with lead institutional investors and key stakeholders to support fundraising and relationship management objectives
Manage updates to existing fund documentation and coordinate amendments across investor relationships
Review and negotiate placement agent agreements and other service provider contracts
Partner with key internal stakeholders to facilitate structuring and execution of limited partner and third-party co-investments
Provide pragmatic, business-oriented legal advice on fund formation and compliance matters
Support investment professionals regarding fund ﬁnancing facilities and select transaction execution matters (including 40 Act analysis)

Requirements/Qualifications:

Law degree required; ability to practice in-house in a position based in New York
At least 4-7+ years of relevant investment funds, ﬁnance, mergers & acquisitions, securities or corporate experience required (with an emphasis on investment funds practice)
Prior in-house experience at a leading private credit or other alternative asset management ﬁrm is preferred; prior experience at a leading corporate law ﬁrm is required
Demonstrated ability to operate independently and manage complex legal and business issues
Experience interacting directly with institutional limited partners and investors preferred
Experience with a range of private debt investment structures and products (private funds, separate accounts, funds of one, and BDCs)
Familiarity with SEC regulation of private fund advisers and related compliance framework
Exceptional analytical, writing and speaking skills, as well as advanced organizational and planning skills
Strong interpersonal skills and ability to work with various levels of personnel

For New York City Only: The base salary range for this position is $250,000 to $400,000. The base salary range represents the estimated low and high end for this position at the time of this posting. Consistent with applicable law, compensation may vary and will be determined based on but not limited to, the skills, qualifications, and experience of the applicant along with the requirements of the position, and Audax reserves the right to modify this pay range at any time. An employee may also be eligible for annual discretionary incentive compensation based on performance.

Audax offers a wide range of employee benefits, including health insurance, life insurance, disability insurance, paid time off (including sick leave, parental leave, volunteer leave, and vacation), charitable donation match, family support services (including Bright Horizons and Benefit Advocate Center), and a 401(k) in addition to other benefits.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.