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Assistant General Counsel - Alternatives

Job Description

Neuberger Berman is a leading asset manager that is seeking a Private Equity/Investment Management Attorney to provide advice, support and research on a broad variety of legal, regulatory and general corporate matters for their institutional asset management business.  The position will support two registered investment advisers focused on private equity fundraising and investing.  The position will report to the General Counsel covering the business.  This is an exceptional opportunity for a well-rounded investment management attorney who enjoys working on many different sophisticated matters, wants substantial business team and client contact and is a team player.

Responsibilities:

  • Provide legal advice relating to fund and separate account formation, as well as investment advisory services to private equity funds and institutional separate account clients

  • Negotiating investment advisory and delegation agreements

  • Working with the Compliance department on policies and procedures

  • Assisting in the development of new investment vehicles and products

  • Advising and coordinating with internal and external counsel relating to mandates

Qualifications:

  • At least 4 years' experience within large law firm  

  • JD Required

  • Working knowledge of Investment Advisers Act of 1940, Investment Company Act of 1940 and the 1933 and 1934 Acts and ERISA rules

  • Efficient and resourceful, able to work independently, handling multiple and changing priorities, and meet deadlines

  • Excellent organizational skills; detail oriented

  • Strong time-management skills; ability to prioritize multiple tasks efficiently

  • Ability to communicate effectively with senior management

#LI-Hybrid

#LI-MB1

Compensation Details

The salary range for this role is $225,000-$275,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee’s pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, 401(k), life insurance and other benefits to eligible employees.

Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

Neuberger Berman is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com.

Learn about the Applicant Privacy Notice.

Average salary estimate

$250000 / YEARLY (est.)
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$225000K
$275000K

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What You Should Know About Assistant General Counsel - Alternatives, nb

Neuberger Berman, a leading asset management firm, is on the hunt for an Assistant General Counsel - Alternatives to join their dynamic team in New York, NY. This exciting role is perfect for a talented attorney with a strong background in private equity and investment management law. As the Assistant General Counsel, you’ll provide invaluable advice and research on a wide range of legal, regulatory, and corporate matters that impact our institutional asset management business. You’ll have the unique opportunity to support two registered investment advisers focused on private equity fundraising and investing while reporting directly to the General Counsel. In this position, you will be at the forefront of legal advice related to fund and separate account formation and investment advisory services for clients. You’ll also partake in negotiating investment agreements, collaborating with the compliance department on policies and procedures, and assisting in the creation of innovative investment vehicles and products. If you thrive in a fast-paced environment, love tackling sophisticated legal challenges, and enjoy working closely with business teams and clients, this might just be your perfect fit. Bring your excellent organizational skills and ability to communicate effectively with senior management to Neuberger Berman, where your contributions will make a real difference.

Frequently Asked Questions (FAQs) for Assistant General Counsel - Alternatives Role at nb
What are the primary responsibilities of the Assistant General Counsel - Alternatives at Neuberger Berman?

The Assistant General Counsel - Alternatives at Neuberger Berman primarily focuses on providing legal advice related to fund and separate account formation, along with investment advisory services for private equity funds and institutional clients. This role involves negotiating investment advisory and delegation agreements, collaborating with the compliance department, and assisting in developing new investment vehicles.

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What qualifications are required for the Assistant General Counsel - Alternatives position at Neuberger Berman?

To qualify for the Assistant General Counsel - Alternatives position at Neuberger Berman, candidates should have at least four years of experience working in a large law firm. A JD is required, along with a solid understanding of various acts including the Investment Advisers Act and the Investment Company Act, as well as ERISA rules.

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How does one succeed as an Assistant General Counsel - Alternatives at Neuberger Berman?

Success as an Assistant General Counsel - Alternatives at Neuberger Berman hinges on the ability to work independently, manage changing priorities efficiently, and meet stringent deadlines. Excellent organizational and communication skills, especially when interfacing with senior management, are also crucial.

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What is the salary range and benefits for the Assistant General Counsel - Alternatives role at Neuberger Berman?

The salary range for the Assistant General Counsel - Alternatives role at Neuberger Berman is between $225,000 and $275,000. In addition to a competitive salary, employees are offered a comprehensive benefits package, including medical, dental, and vision insurance, a 401(k) plan, and paid time off.

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What type of working environment can an Assistant General Counsel - Alternatives expect at Neuberger Berman?

An Assistant General Counsel - Alternatives at Neuberger Berman can expect a vibrant and collaborative working environment. The role requires interaction with various teams and clients, promoting professional growth and teamwork. The firm values diversity and inclusion, contributing to a supportive workplace.

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Common Interview Questions for Assistant General Counsel - Alternatives
How do you approach complex legal issues related to investment management?

When encountering complex legal issues in investment management, I leverage my experience and research skills to understand the underlying laws and regulations. I collaborate with team members and external counsel to gather diverse perspectives, ensuring that I provide well-rounded advice.

Join Rise to see the full answer
Can you give an example of how you negotiated a significant investment agreement?

In one instance, I negotiated a multi-million dollar investment agreement that involved terms beneficial to both parties. By fostering open communication and understanding both sides’ needs, I was able to reach a compromise that satisfied all stakeholders.

Join Rise to see the full answer
What strategies do you use for effective compliance coordination?

I maintain clear communication channels with the compliance team and proactively keep abreast of regulatory changes. Regular meetings and updates help ensure everyone is aligned on compliance requirements and best practices.

Join Rise to see the full answer
How do you prioritize multiple tasks in a high-pressure environment?

I prioritize my tasks by assessing deadlines and the impact of each project on the business. Using project management tools, I create a clear action plan and adjust priorities as needed to stay on track.

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What is your experience with the Investment Advisers Act of 1940?

I have extensive experience interpreting and applying the Investment Advisers Act of 1940 in various contexts, ensuring compliance for investment funds and firms while providing clients with strategic legal advice related to their operations.

Join Rise to see the full answer
Describe a time when you had to give legal advice to senior management.

During a significant investment decision, I presented a comprehensive legal analysis to senior management, clearly outlining potential risks and compliance issues. This facilitated informed decision-making and demonstrated my ability to communicate complex legal matters effectively.

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How do you handle deadlines for multiple legal projects?

I employ careful planning and time management techniques, breaking projects into manageable milestones and regularly reviewing progress. This helps me meet deadlines without compromising quality.

Join Rise to see the full answer
What role does teamwork play in your legal practice?

Teamwork is essential in my approach to legal practice. Collaborating with colleagues, sharing insights, and seeking input enhances the quality of legal advice, ensuring comprehensive solutions for our clients.

Join Rise to see the full answer
How do you stay updated on legal trends in investment management?

I stay updated on legal trends by subscribing to industry publications, attending webinars, and participating in professional networking events. Engaging with peer groups and continuing education keeps my knowledge current.

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What qualities make you a good fit for the Assistant General Counsel - Alternatives position at Neuberger Berman?

My background in investment management, strong negotiation skills, and ability to work well under pressure make me a great fit for the Assistant General Counsel - Alternatives role at Neuberger Berman. I thrive in collaborative environments and am committed to delivering exceptional legal service.

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Full-time, hybrid
DATE POSTED
April 18, 2025

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