Vice President, Registered Funds Legal and Regulatory Team

Location

Business - Public Securities

Brookfield’s Public Securities Group serves institutions and individuals seeking the investment advantages of real assets through actively managed listed equity and debt strategies. The Public Securities Group leverages Brookfield’s core real asset expertise across real estate, infrastructure, real asset debt, real asset solutions and opportunistic strategies through a variety of flexible and scalable investment mandates, including separate accounts, registered funds and private funds. Clients include financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds and high net worth investors. The Public Securities Group has been investing in public securities for over 30 years and has over $28 billion of assets under management. For more information, visit https://publicsecurities.brookfield.com.

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

The Firm is seeking to add a resource to support its [Registered Funds Legal and Regulatory Team] in its New York office. The Team offers specialized expertise in legal and compliance matters related to funds registered under various regulatory regimes around the world, as well as certain unregistered funds oriented towards the wealth market (collectively, “Wealth Vehicles”).  The Team engages with multiple registered investment advisers and other business units across the broader Brookfield organization in support of Brookfield’s efforts to drive its penetration of the wealth marketplace. This candidate will provide counsel on a wide range of legal and regulatory matters impacting Brookfield’s Wealth Vehicles. Such matters will include, among others, advising on applicable regulation and exemptive relief; preparing, reviewing and presenting of board materials; drafting and maintaining relevant disclosures; managing corporate governance items specifically related to portfolio management transactions; and structuring, launching and advising on the distribution of pooled vehicles globally and in the US that focus on alternative investment strategies, including infrastructure, real estate, private credit and private equity.  The candidate will be a key member of the [Registered Funds Legal and Regulatory team] and will regularly interact with investment, distribution, finance, fund accounting, client service and operations professionals, as well as senior management, across Brookfield. The individual assuming this role should have deep familiarity with legal and regulatory matters associated with the management of registered funds and other pooled vehicles, and support for the various independent boards or other governance or oversight bodies thereof, be organized and self-motivated to be able to run independently with projects. 

Key Responsibilities

• Advise on and drive to completion fund formation matters in support of product development of varied investment structures across multiple jurisdictions.

• Support fund governance matters, liaise with fund and independent trustee counsel, review, and present from time-to-time, board materials and provide guidance to business colleagues and senior management on board proposals.

• Review and maintain the disclosures included in prospectuses and other offering documents of Brookfield’s Wealth Vehicles, including UCITS and 1940 Act funds, among others, as well as other filings and disclosures required by applicable regulatory regimes. 

• Provide legal and regulatory advice regarding structuring, distribution and development of new products and investment vehicles both within and outside of the US; work on fund/vehicle mergers and product modifications.

• Advise investment teams in collaboration with compliance professionals on US and non-US legal and regulatory issues arising from trading, operational and/or research matters.

• Legal review and analysis of transactions being considered for potential investment, including co-investment transactions made in reliance on SEC exemptive relief.

• Support corporate governance and certain transactional matters related to investments held in innovative fund structures investing in private assets.

• Collaborate with business and other Legal and Regulatory colleagues with respect to global distribution matters.

• Draft, review and negotiate investment management agreements and vendor contracts as well as amendments thereto.

• Provide legal support for responses to regulatory inquiries.

• Other projects as assigned.

Candidate Profile

• Juris Doctorate (J.D) from an accredited institution.

• Licensed to practice law and a member in good standing in the State of New York.

• 7+ years of experience at a registered investment adviser, private law firm, or within the asset management industry with a focus on registered funds.  Prior experience at a regulator is a plus.

• Significant experience with the Investment Company Act of 1940 and the Investment Advisers Act of 1940 required.

• Working knowledge of the Securities Act of 1933 and Securities Exchange Act of 1934 preferred.

• Experience with closed-end registered funds, BDCs, REITs and/or private funds is preferred.

• Understanding of international investment adviser regulation, offering regulations (both public offerings and private placements) and disclosure principles is desirable but not required.

• Working knowledge of US non-resident client business is preferred.

• Ability to break down complex and complicated legal issues quickly and provide real time legal advice.

• Basic understanding of corporate finance matters, including valuing private assets, mergers and acquisitions and leveraged finance, is desirable but not required.

• Proven ability to work independently and efficiently and as a team player in a demanding, fast-paced, fluid environment handling multiple tasks and projects concurrently, while maintaining highest standards and attention to detail.

• Confidence and interpersonal and networking skills necessary for effective interaction with business clients at all levels and external parties.

• Excellent analytical, oral and written communication skills, in particular the ability to reduce sophisticated legal issues to straightforward, practical analysis and advice.

• Excellent critical thinking and organizational skills.

• Capable of adapting to changing needs of the organization.

• Energetic and willing to get involved where needed.

Salary Range: $175,000 - $250,000
 

Our compensation structure is comprised of a base salary and a short-term incentive program (cash bonus). Cash compensation tends to vary based on geography to account for local market conditions and is set to be market competitive. Compensation decisions are based on a number of factors including relative experience, overall years of experience, industry experience, education and designations.

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.