About this role
About BlackRock
BlackRock is the world's largest asset manager and a premier provider of global investment management services, with AUM of over $10 trillion. BlackRock's Private Markets and Alternatives platform represents over $300 billion of AUM across a broad range of investment capabilities including private equity, private real estate, private infrastructure, private credit, and hedge fund strategies. Our 1000+ dedicated professionals work across BlackRock's global teams, including 50+ offices with private markets capabilities.
About this role
We are looking for an investment funds lawyer and structuring expert to join our Private Markets Structuring Team in EMEA. This individual will help lead the design and structuring of BlackRock's private markets products, with a particular focus on client mandates, separate accounts, funds of one, and other bespoke client solutions.
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The Private Markets Structuring Team forms part of Global Product Solutions (GPS), BlackRock's central global product function. GPS oversees enterprise product strategy, including pricing, development, structuring, and platform governance. The Private Markets Structuring Team is responsible for the design, structuring and development of innovative private markets investment fund structures and client mandates for institutional and wealth investors globally. Members of the team interact with stakeholders across the firm, including investment teams, distribution, strategy, operations, and risk and compliance functions. The team works closely with BlackRock's in-house Legal team to drive the negotiation, formation and documenting of our products and solutions, and regularly engages with external professionals, advisers, industry groups, policymakers and regulators. A key element of the team's role is also interacting with clients - partnering with sales teams on RFPs and engaging directly with existing and prospective clients on the design, structuring and development of custom solutions.
Responsibilities
- Advise the business (including client relationship, sales and investment teams) on the design and structuring of private markets products and solutions, including features such as domicile, wrapper, key fund terms (including pricing) and legal and regulatory structure.
- Efficiently manage multiple complex structuring projects, regularly working with new wrappers and fund structuring innovations (e.g. feeders, local entry points, currency solutions, evergreen vehicles, structured notes).
- Lead the design and negotiation of customized separate accounts for leading institutional investors.
- Lead structuring conversations with clients alongside client relationship and sales teams.
- Review documentation relating to a variety of fund structures.
- Assume responsibility and ownership for select products, solutions and separate accounts.
- Research legal and regulatory considerations relevant to specific clients, products and jurisdictions, serving as a thought-leader on the practical implications of new rules and guidance.
- Partner with the Legal team in engaging with external legal advisors and other service providers.
- Work closely with tax, operational, compliance and risk management functions to design effective products and solutions.
Qualifications
- Qualified lawyer with 7+ years of relevant work experience at a leading law firm, bank or asset manager (with a focus on private markets).
- Experience working with a broad spectrum of fund types (e.g., partnerships, corporates, contractual schemes, regulated and non-regulated vehicles), core jurisdictions (e.g., Luxembourg, Delaware, Cayman), and client segments (ideally both wealth and institutional).
- Deep knowledge of the European regulatory landscape, including AIFMD.
- Self-motivated and proactive individual with strong desire to learn and succeed.
- Excellent analytical, interpersonal and project management skills to manage multiple projects at any one time.
- Ability to effectively communicate complex topics to both internal and external parties.
- Broad understanding of the tax considerations driving the choice of appropriate fund structures.
- Proficient in reviewing fund documentation, marketing materials and other collateral.
- Ability to work with sales and client relationship teams in designing and delivering solutions for our clients.
- Broad understanding of private markets and industry trends.
- Excellent communication skills, both verbal and written.
- Driven, dynamic and proven team player.
- Strong work ethic.
- Whilst GPS and the Private Markets Structuring Team operates principally in English, the ability to speak German in a business context is an advantage. Other European languages also an advantage.
What we offer
- Unparalleled exposure to BlackRock's leading asset management business and industry-leading product team
- Experience in one of the firm's premier talent engines - with a strong track record of importing, developing, and exporting firm and business-unit leaders.
- Experience in building out the private markets business as one of BlackRock's key growth engines.
- A collaborative, inquisitive, and high-performing team culture across GPS.
- Professional, international working environment.
- Entrepreneurial culture offering opportunity to learn the business from some of the world's leading professionals.
- Collaborative environment, with on-the-job training and mentorship, and team line management opportunities.
- Competitive salary with performance-oriented compensation model.
Our benefits
To help you stay energized, engaged and inspired, we offer a wide range of employee benefits including: retirement investment and tools designed to help you in building a sound financial future; access to education reimbursement; comprehensive resources to support your physical health and emotional well-being; family support programs; and Flexible Time Off (FTO) so you can relax, recharge and be there for the people you care about.
Our hybrid work model
BlackRock's hybrid work model is designed to enable a culture of collaboration and apprenticeship that enriches the experience of our employees, while supporting flexibility for all. Employees are currently required to work at least 4 days in the office per week, with the flexibility to work from home 1 day a week. Some business groups may require more time in the office due to their roles and responsibilities. We remain focused on increasing the impactful moments that arise when we work together in person - aligned with our commitment to performance and innovation. As a new joiner, you can count on this hybrid model to accelerate your learning and onboarding experience here at BlackRock.
About BlackRock
At BlackRock, we are all connected by one mission: to help more and more people experience financial well-being. Our clients, and the people they serve, are saving for retirement, paying for their children's educations, buying homes and starting businesses. Their investments also help to strengthen the global economy: support businesses small and large; finance infrastructure projects that connect and power cities; and facilitate innovations that drive progress.
This mission would not be possible without our smartest investment - the one we make in our employees. It's why we're dedicated to creating an environment where our colleagues feel welcomed, valued and supported with networks, benefits and development opportunities to help them thrive.
For additional information on BlackRock, please visit @blackrock | Twitter: @blackrock | LinkedIn: www.linkedin.com/company/blackrock
BlackRock is proud to be an Equal Opportunity Employer. We evaluate qualified applicants without regard to age, disability, race, religion, sex, sexual orientation and other protected characteristics at law.