Asset Management Attorney

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Date: Jun 26, 2022

Location: Chicago, IL, US

Company: New York Life Insurance Co

 

 

When you join New York Life, you’re joining a company that values career development, collaboration, innovation, and inclusiveness. We want employees to feel proud about being part of a company that is committed to doing the right thing. You’ll have the opportunity to grow your career while developing personally and professionally through various resources and programs. New York Life is a relationship-based company and appreciates how both virtual and in-person interactions support our culture.

 

 

Asset Management Attorney

 

New York Life Insurance Company is seeking an attorney with a minimum of 8 years to 10 years experience, with at least 3 years in-house experience with an asset management firm registered as an investment adviser under the Investment Advisers Act.  Background in direct lending or private credit (particularly CLOs and structured credit) is preferable, but not required.  This role is located at the offices of Apogem Capital, a New York Life affiliate, at 227 West Monroe Street, Chicago, IL or 299 Park Ave, New York, NY.   The candidate would be embedded with Apogem’s private credit and direct lending teams. 

 

Apogem is a recently launched alternatives asset management firm with $37 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 was formed in April 2022 by the combination of Madison Capital,  GoldPoint Partners, and PA Capital.

 

More information is available at https://apogemcapital.com/strategies/private-credit/ and in Apogem’s Form ADV at  https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=774304.

 

Responsibilities:

  • In-house experience required. 
  • Advisers Act experience particularly at a direct lending or private credit focused asset manager. 
  • Able to pro-actively identify legal and reputational risks and recommend and implement solutions. 
  • Experience reviewing and drafting disclosure capital markets debt offering.
    • CLO experience preferred but not required
  • Ability to oversee outside counsel.
  • Ability to advise and communicate with senior leadership of the business unit and other internal stakeholders, including compliance and HR 

 

General Profile:

  • Recognized as a subject matter expert on Adviser Act matters, and issues related to cross trade issues, valuation, allocations, conflicts of interest across various managed accounts
  • Ability to be work directly with the investment and accounting teams in Apogem’s Chicago office.
  • Ability to communicate complex legal issues to investment team in a digestible and understandable format.
  • Highly organized and able to handle multiple projects at one time and meet deadlines.
  • Anticipates internal and external business challenges and/or regulatory issues; recommends process, product or service improvements.
  • Solves unique and complex problems; requires conceptual and innovative thinking to develop solutions.
  • Responsible for the delivery of results focused on excellence.

 

Qualifications:

  • 8 to 10 years of legal experience, with at least 3 years in-house experience with an asset management firm registered as an investment adviser under the Investment Advisers Act. 
  • In-house background on direct lending or private credit (particularly CLOs and structured credit) is desired.  
  • Excellent interpersonal, writing, presentation skills and the ability to communicate effectively and concisely. Attention to detail a must.
  • Possesses initiative, dependability and motivation.
  • JD Degree required.
  • Admitted to practice in Illinois.

 

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. We invite you to bring your talents to New York Life, so we can continue to help families and businesses “Be Good At Life.” To learn more, please visit LinkedIn, our Newsroom and the Careers page of www.NewYorkLife.com.

Job Requisition ID: 86490

 

 

 


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