Associate Principal

Position Name - Principal Associate - Investment Funds, Asset Management & Regulatory Practice

Location - Mumbai

Experience Range - 6-10 Years

Mandatory Requirement:

• Advise domestic and international fund managers, AIFs, private equity, venture capital funds, portfolio managers, and financial institutions on fund formation, structuring, and regulatory compliance matters.
• Support complex transactions, fund launches, investment documentation, and operational legal matters across the investment funds and asset management ecosystem.
• Engage directly with clients, regulators, and industry stakeholders while providing strategic regulatory advice and executing high-impact mandates in the funds and asset management space.

About the client:

Law firm with expertise in investment funds, asset management, financial regulations, fund structuring, regulatory compliance, and transaction advisory for domestic and global financial institutions.

Job Roles and Responsibilities:

• Advise on the establishment, structuring, operation, and ongoing compliance of Category I, II, and III Alternative Investment Funds (AIFs).
• Provide legal and regulatory support to asset managers, investment advisers, portfolio managers, and domestic and offshore fund structures.
• Draft, review, negotiate, and finalize fund and transaction-related documentation, including Investment Management Agreements, Advisory Agreements, Contribution Agreements, Distribution Agreements, Custodian and Trustee Agreements, Private Placement Memorandums (PPMs), Subscription Documents, Side Letters, Shareholders' Agreements, and other investment documents.
• Advise on regulatory matters relating to SEBI, IFSCA, RBI, FEMA, and other applicable laws and regulations.
• Conduct legal due diligence and support transaction structuring and execution.
• Liaise with clients, regulators, trustees, custodians, fund administrators, and other stakeholders.
• Assist clients with fundraising activities, investor onboarding, governance, and ongoing regulatory obligations.
• Prepare legal opinions, research notes, regulatory memoranda, and client advisories on evolving regulatory developments.

Qualification and Experience:

• LL.B. from a recognized university; LL.M. preferred.
• 6-10 years of post-qualification experience with a leading law firm or financial regulatory practice.
• Strong experience in Investment Funds, Asset Management, Financial Services Regulation, and Corporate Transactions.
• Hands-on exposure to AIFs, Private Equity Funds, Venture Capital Funds, PMS, Mutual Funds, and offshore fund structures.
• Strong understanding of SEBI Regulations, AIF Regulations, PMS Regulations, FEMA, RBI, and IFSCA frameworks.
• Excellent legal drafting, contract negotiation, analytical, and problem-solving skills.
• Proven ability to independently manage client relationships and multiple assignments simultaneously.
• Strong communication, stakeholder management, and commercial acumen.

Key Skills -

• Investment Funds & Asset Management
• AIF, PMS & Financial Regulatory Advisory
• SEBI, FEMA, RBI & IFSCA Regulations
• Legal Drafting & Contract Negotiation
• Fund Structuring & Fund Formation
• Due Diligence & Transaction Execution
• Corporate & Commercial Law
• Client and Stakeholder Management
• Regulatory Compliance & Governance
• Legal Research & Advisory