Legal Counsel, Funds

The role

You will own fund legal matters across Funds and vFunds and run the commercial contracts desk. You will work with Fund Operations, Investor Relations, Compliance, Product, and Engineering, and with GPs and their counsel. You will also build the automation that handles recurring legal requests.

What you will do

• Handle the reactive legal queue for Funds and vFunds on SLA: investor consents, side letters, LP transfers, portfolio company issues, distribution and secondary questions.
• Own commercial contract review, including data rights, retention, and AI-training terms.
• Draft and negotiate fund documents for bespoke structures such as scout funds, custom LPAs, and side letters.
• Take written positions on fact-specific matters including distributions, secondaries, fee and carry questions.
• Research and advise under the Securities Act, Investment Company Act, Advisers Act, and Reg D, including regulator inquiries.
• Support product launches when strategic initiatives arise.
• Identify recurring request types and write decision rules and templates.
• Build or spec agent workflows and verify their output before they go live.

Required qualifications

• JD and active bar admission in at least one state.
• 3+ years of corporate, M&A, or private equity transactional experience, or fund formation and operations experience, in-house or at a firm.
• Corporate transactional capability: own commercial contract review, diligence, and equity and board mechanics end to end.
• Familiarity with the regulatory space, including identifying Securities Act, Advisers Act, Investment Company Act, or Reg D issues in fact patterns.
• Comfort deciding without a playbook when facts are incomplete and deadlines are close.
• An AI-forward approach to legal work: use the tools, check their output, and judge which parts of a matter to automate.
• Clear, plain-English writing that explains legal risk to non-lawyers.

Benefits

• Benefits package supporting life in and outside of work (see Explore our benefits).
• Equity package.
• Funders & Founders program.

Before you apply

• Full details of the Total Rewards package are provided during the recruitment process.

About the company

AngelList is building the financial system for private markets, including exchanges, custodians, brokers, and ways for ordinary people to invest. The company reports $200B+ in assets and 30,000+ startups funded on its platform.