Assistant General Counsel, Private Capital Attorney (New York, NY, US) bei New York Life Insurance

Location Designation: Hybrid - 3 days per week 

Job Title: Private Capital Attorney

Join the Office of the General Counsel where we collaborate with diverse business units, providing effective and creative legal guidance that aligns with New York Life's core values. Your work directly impacts how the company makes decisions, fostering sound business practices, safeguarding its reputation and optimizing efficiency. Become part of a team dedicated to serving as a trusted partner, helping the business navigate the legal landscape and achieve its goals. 

New York Life Insurance Company is seeking a Private Capital Attorney with a minimum of 5 years of experience and a particular focus on private funds including substantial experience in equity co-investments, primary and secondary limited partnership investments, venture equity investments, and primary investments in venture funds.  Experience with registered alternatives funds and private credit welcome. This role is located at the offices of Apogem Capital at 299 Park Avenue, NY, NY.  

Apogem is an alternatives asset management firm with $41 billion in AUM focused on investments primarily in private credit and private equity with offices in Chicago, IL, New York, NY, and Richmond, VA.  Apogem is a New York Life Investments company and subsidiary of New York Life Insurance Company.

Core Responsibilities:

• Oversee limited partnership fund investments in US and EU private leveraged buy-out, secondary, distressed, venture, infrastructure, and credit funds including document review and negotiation of side letters with sponsors.
• Review and advise the investment team on amendment and consent requests for investments.
• Lead non-control equity co-investments in sponsor backed portfolio companies.
• Review, draft and negotiate private fund vendor agreements and placement agent agreements.
• Create and update manager obligations playbooks and fact sheets for Apogem proprietary funds.
• Assist with formation of Apogem proprietary funds, including drafting and coordination of PPMs, limited partnership agreements, onboarding investors, negotiation of side letter agreements, and other related documentation.
• Identify and resolve Advisers Act matters applicable to management of advisory clients.
• Support entity management and governance of domestic and offshore vehicles including licensing/registration requirements and overseas marketing (e.g., AIFMD compliance).

What You’ll Do:

• Recognized as a subject matter expert on private investment funds matters.
• Excellent interpersonal, writing, presentation skills and the ability to communicate complex legal issues effectively and concisely.
• Anticipates internal and external business challenges and/or regulatory issues.
• Displays conceptual and innovative thinking and a willingness to work through complex issues and problems as part of a collaborative team.
• Ability to collaborate with cross-functional teams including finance, operations, and compliance.
• Demonstrated affinity for process building and capacity to recommend process, product or service improvements in pursuit of continuous improvement.
• Highly organized, able to handle multiple projects at one time with attention to detail and focus on excellence.
• Possesses initiative, dependability and motivation.

What You’ll Bring:

• 5 to 8 years’ experience focused on private funds; in-house investment firm experience and/or registered fund experience a plus.
• In-depth understanding of the Investment Advisers Act; experience with the Investment Company Act a plus.
• JD Degree required.
• Admitted to practice in New York required.

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Pay Transparency

Salary Range: $175,000 - $245,000 

Overtime eligible: Exempt 

Discretionary bonus eligible: Yes 

Sales bonus eligible: No 

Actual base salary will be determined based on several factors but not limited to individual’s experience, skills, qualifications, and job location. Additionally, employees are eligible for an annual discretionary bonus. In addition to base salary, employees may also be eligible to participate in an incentive program.

Our Benefits

We provide a full package of benefits for employees – and have unique offerings for a modern workforce, including leave programs, adoption assistance, and student loan repayment programs. Based on feedback from our employees, we continue to refine and add benefits to our offering, so that you can flourish both inside and outside of work. Click here to discover more about our comprehensive benefit options or visit our NYL Benefits Site.

Our Commitment to Inclusion
At New York Life, fostering an inclusive workplace is fundamental to who we are and how we serve our communities. We have a longstanding commitment to creating an environment where individuals can contribute their best and succeed together. This foundation is rooted in our core values of humanity and integrity, ensuring that every employee feels valued and supported. By embracing a broad range of perspectives and experiences, we achieve greater success and fulfill our promise of providing financial security and peace of mind to families across all communities. Click here to learn more about New York Life’s leadership in this space.​

Recognized as one of Fortune’s World’s Most Admired Companies, New York Life is committed to improving local communities through a culture of employee giving and volunteerism, supported by the Foundation. We're proud that due to our mutuality, we operate in the best interests of our policy owners. To learn more about career opportunities at New York Life, please visit the Careers page of www.NewYorkLife.com.

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Job Requisition ID: 92660