Fund Formation/Investment Management Associate Attorney

Company: Direct Counsel
Location: Chicago
Posted on: February 15, 2026

Job Description:

Job Description Job Description Direct Counsel is seeking a Fund Formation/Investment Management Associate Attorney (Mid-to-Senior Level) to join a national law firm in multiple U.S. offices. Available Locations: Chicago, New York, Washington, D.C. Overview Direct Counsel is recruiting a mid-to-senior level fund formation and investment management associate attorney to join the Fund Formation/Investment Funds team. The role focuses on structuring and forming private investment funds, negotiating with fund investors, and addressing operational issues. Candidates will work directly with senior leadership at fund manager clients in a collaborative environment. Key Responsibilities Advise clients on the structuring, formation, and operation of private investment funds. Negotiate with investors and manage fund operational and governance matters. Draft, review, and negotiate fund formation documents and related agreements. Collaborate closely with partners, clients, and internal teams on complex fund transactions. Qualifications 4–6 years of experience in private investment fund formation and investment management transactions. JD from an accredited law school and active membership in the New York, Illinois, or Washington, D.C. bar. Strong drafting, analytical, and communication skills. Ability to manage multiple matters efficiently in a collaborative, team-oriented environment. Compensation The anticipated salary range for this role is $265,000 – $390,000 , depending on experience and location. Benefits Comprehensive benefits include medical, dental, vision, life and disability insurance, 401(k), paid family leave, paid time off, flexible spending and health savings accounts, mental health support, transportation benefits, childcare support, tuition assistance, and optional supplemental insurance programs.

Keywords: Direct Counsel, Hammond , Fund Formation/Investment Management Associate Attorney, Legal , Chicago, Indiana