Assistant General Counsel, Alternative Investments

About the role

Marsh is seeking an Assistant General Counsel, Alternative Investments to join its Legal, Compliance & Public Affairs team in Boston. You will give strategic and tactical legal advice on the firm's global private markets and hedge fund-of-funds products and separately managed accounts (SMAs), working with Investments, Operations and Compliance teams and other internal and external stakeholders across jurisdictions. The role is hybrid, with at least three days per week in the local office.

Key responsibilities

• Advise Investments and Operations teams on commercial and legal terms for fund investments across alternative asset classes (hedge funds, private equity, private debt, real estate, infrastructure) and investment types (primary, co-investments, GP- and LP-led secondaries).
• Manage and oversee external counsel in legal and tax due diligence and negotiation of transactional documents for private funds and SMAs.
• Lead negotiations on complex private markets deals and advise on corporate actions of underlying investments.
• Oversee legal aspects of fund development, launch and operation, including structuring and drafting of limited partnership and LLC agreements and offering documents.
• Advise on the Investment Advisers Act, securities laws, Cayman Islands law and other regulations affecting private funds.
• Oversee a team of paralegals and/or junior lawyers supporting private funds transactions.

Required profile

• Minimum of 7 years advising on private funds (closed-end and open-end), preferably at a law firm.
• J.D. from a US-accredited law school and license to practice in good standing in at least one state.
• Proven experience drafting and negotiating private fund transactional documents.

Required skills

• Strong knowledge of the Investment Advisers Act and its application to private funds.
• Familiarity with EU, UK, Canadian and other non-US private fund structures and regulations.
• Experience advising on tax structuring (UBTI, ECI, CFC/PFIC rules).
• Analytical, drafting and negotiation skills, with strong communication and team-management abilities.

What we offer

• Base salary range of $165,500 to $331,000, with possible performance-based incentives.
• Health and welfare benefits, tuition assistance, 401K and other retirement programs, and employee assistance programs.
• Professional development, a vibrant and inclusive culture, and hybrid work with at least three days in the office.