Uncubed
   

Associate General Counsel - Venture Capital

StepStone, La Jolla, CA / Baltimore, MD / New York, NY

Solutions that span Private Markets


Position Overview

The Associate General Counsel of StepStone Group in will support StepStone’s Venture Capital and Growth Equity sector team within the Private Equity business, and report into the Deputy General Counsel for that sector.  As an integral member of the Legal team, the person filling this role will be responsible for drafting and negotiating legal documentation with respect to the firm’s (i) Venture Capital and Growth Equity fund investments, including primaries and separately managed accounts, (ii) venture capital investment transactions, including direct investments, co-investments and secondary transactions, and (ii) investment advisory and management agreements, separately managed account documentation and offering documentation relating to the firm’s Venture Capital and Growth Equity clients and investment products.  This is a hands-on role, with only certain aspects being outsourced to external counsel. 

Essential Job Functions:

  • Assist Deputy General Counsel in fund formation and structuring for venture capital and growth equity
  • Review placement memoranda and partnership agreements for investments in venture capital and growth equity funds and startup companies and prepare analysis regarding same for inclusion in investment memoranda or otherwise deliverable to clients
  • Manage negotiation and execution of documentation, including side letters, subscription documents, equity financing documents, term sheets and letters of intent, SEC filings
  • Manage input of fund terms into the firm’s proprietary database
  • Negotiate and draft documentation to execute (i) secondary purchases and sales of fund interests and shares in startup companies, (ii) co-investments and (iii) direct investments
  • Manage outside counsel in connection with select investment activity, formation of new funds, and subscription lines
  • Monitor existing investment portfolio and manage disposition of investments
  • Supervise paralegals, including in the negotiation of confidentiality agreements, closing-related matters, and other matters, as needed
  • Special projects from time to time subject to availability (e.g., strategic transactions, process efficiencies, fiduciary counseling and training, regulatory filings, etc.)

Education and/or Work Experience Requirements:

  • 4 Year College Degree Required
  • Must possess a law degree from an accredited and reputable law school, be admitted to the MD, NY or CA bar, and be in good standing
  • Approximately 5 to 10 years of venture capital, fund formation, investment management and/or transactional legal experience
  • Experience with private markets investment management firms, whether in-house or at a reputable law firm

Required Knowledge, Skills, and Abilities

  • Professionally communicate with all levels of staff and external stakeholders
  • Utilize effective time management skills to maintain a commitment to quality and attention to detail; ensure that all work is completed accurately and on time
  • Foster a sense of teamwork, assisting others when needed/required; work collaboratively with attorneys supporting other asset classes to share best practices, provide coverage, etc.
  • Flourish in a challenging, fast-paced, and professional environment with frequent shifts in priorities as business needs dictate
  • Have a strong sense of integrity, behaving consistently with expressed values and ethical principles of StepStone
  • Focus on specific goals and demonstrate a sense of personal growth, accountability and urgency for achieving results

About StepStone

StepStone is a global private markets firm providing customized investment and advisroy solutions to some of the most sophisticated investors in the world. With more than $230 billion of total capital allocations, including over $35 billion in assets under management, we cover the spectrum of opportunities in private markets across the globe. We prudently integrate fund investments, secondaries and co-investments across private equity, real estate, infrastructure and private debt to create solutions that are customized according to the objectives of any private markets investment program.

StepStone

Want to learn more about StepStone? Visit StepStone's website.