Sydecar
Staff Counsel
San Francisco Office - Hybrid, Remote. Posted 2 months ago
The role
The Staff Counsel will serve as the in-house authority on the Investment Company Act and the Investment Advisers Act. You will own fund documentation, advise on private offering exemptions, and partner with Product to design compliant structures.
What you will do
- Serve as the in-house authority on the Investment Company Act of 1940 and the Investment Advisers Act
- Own Sydecar's fund documentation including SPV and fund operating agreements, LPAs, private placement memoranda, subscription documents, and side letters
- Advise on private offering exemptions and how product flows and marketing affect them
- Partner with Product on novel structures and translate legal requirements into product requirements
- Give CX and customers clear guidance on structural questions
- Track SEC rulemaking, staff guidance, and exam priorities
- Build and maintain a knowledge base explaining structures and documents
- Manage outside fund counsel
Required qualifications
- JD from an ABA-accredited law school
- Active bar license in good standing
- 8+ years of practice, the majority in investment management or private funds, at a law firm, fund sponsor, fund administrator, or fintech platform
- Deep expertise in the Investment Company Act and the Investment Advisers Act as applied to private funds and their advisers, including ERA and RIA issues
- Fluency in Securities Act private offering exemptions and the Exchange Act considerations that affect fund platforms
- A track record drafting and negotiating fund documents end to end: LPAs and operating agreements, PPMs, subscription documents, and side letters
- Judgment that produces actionable answers with a clear risk call
- Ability to explain complex structures to PMs, engineers, and customers in plain language
- Comfort operating with autonomy in a fast-moving startup
Nice to have
- Experience with registered fund prospectuses
- broker-dealer, FINRA, custody, or state blue sky experience
About the company
Sydecar is on a mission to transform the world of private markets by revolutionizing the way investment vehicles are created and executed. The platform automates banking, compliance, contracts, taxes, and reporting to simplify the private investing experience.