Fund Formation Attorney

Remote

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$145,000 – $150,000Compensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Legal Services, Investment ManagementIndustries

Requirements

Candidates must have at least 2 years of direct fund formation experience as an attorney, legal associate, or senior paralegal, with proven ability in drafting and negotiating subscription agreements. A working knowledge of venture, private equity, or hedge fund structures, including Delaware LPs, master-feeders, and SPVs, along with relevant securities regulations, is essential. The role also requires executive presence, with comfort in running Quarterly Business Reviews (QBRs) with Managing Partners, General Counsel, and C-Suite executives. Familiarity with implementing SaaS or fintech solutions, electronic signature, KYC/AML, and capital-call processes are considered nice-to-haves.

Responsibilities

The Fund Formation Attorney will own relationships with law firm partners, leading complex fund-formation launches by translating legal terms, waterfall models, and jurisdictional nuances into scalable workflows. They will design the Legal Success Program, creating playbooks, health scores, and legal-feedback loops to establish internal standards for each partner. Responsibilities include managing law firm relationships from sales hand-offs through renewal, coordinating demos and sales follow-up for General Partner clients, and collaborating with Client Success Managers to align with law firm operating models. The attorney will also create executive business review frameworks, automate account health monitoring, define and enforce law firm partner SLAs, and develop a robust support and training program. Additionally, they will channel market feedback into the product roadmap and pilot beta features with law firm partners, producing case studies for marketing.

Skills

Fund formation

Legal terms

Waterfall models

Jurisdictional nuances

Legal Success Program

Client relationship management

Sales support

Account management

Business review frameworks

Data analysis

Passthrough

Fundraising platform for investment firms

About Passthrough

Passthrough provides a platform that simplifies the fundraising process for investment firms. Its features include quick generation of subscription documents, real-time tracking of fundraising progress, and automatic screening of beneficial owners against sanctions lists. This allows firms to concentrate on their main business activities instead of getting bogged down by administrative tasks. The company likely operates on a subscription or usage fee model, ensuring a steady revenue stream while meeting client needs for efficient fundraising tools. Passthrough prioritizes data privacy and security, adhering to regulations like GDPR and conducting regular security tests, which is essential in the financial sector. Overall, Passthrough aims to enhance the fundraising experience for investment firms by streamlining processes and ensuring data protection.

None, OregonHeadquarters

2020Year Founded

$14.6MTotal Funding

SERIES_ACompany Stage

Fintech, Financial ServicesIndustries

11-50Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

401(k) Company Match

Stock Options

Unlimited Paid Time Off

Parental Leave

Risks

Increased competition from fintech startups could erode Passthrough's market share.

Rapid technological advancements may strain resources for continuous platform updates.

Potential regulatory changes could necessitate costly adjustments to compliance features.

Differentiation

Passthrough automates subscription processes, reducing time and effort for private funds.

The platform offers real-time tracking and beneficial owner screening for compliance.

Passthrough emphasizes data privacy and security, complying with GDPR and conducting penetration testing.

Upsides

Passthrough raised $10M Series A to enhance product experience and accelerate growth.

Integration with CRM through OnboardingBridge improves investor onboarding and experience.

The rise of AI-driven analytics offers potential for personalized investor experiences.

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