Senior Legal Counsel / Associate General Counsel - Real Assets

We are global private markets specialists delivering tailored investment solutions, advisory services, and impactful, data‑driven insights to the world’s investors. Leveraging the power of our platform and our peerless intelligence across sectors, strategies, and geographies, we help identify the advantages and the answers our clients need to succeed.

Position Overview

The position will support StepStone’s global Infrastructure & Real Assets business (“SIRA”), with team members located in Australia, North America, Europe and the United Kingdom. You will report directly or indirectly into the Partner and Head of Legal, Infrastructure & Real Assets in the London, UK office and be an integral member of SIRA and the StepStone Legal team. Together with the other members of the SIRA Legal team, you will support SIRA’s fund and private markets investments, primarily focusing on secondary transactions, fund investments and co‑investments. This role may also include assisting in the structuring, negotiation, formation, and management of SIRA’s commingled funds, funds‑of‑one / separately managed accounts, and advisory relationships. This is a hands‑on role which will include independently managing transactions and external counsel where appropriate.

Responsibilities

• Review, negotiate and draft documentation in respect of (i) secondary transactions (GP‑led and LP‑led), (ii) fund investments, and (iii) co‑investments, including partnership agreements, term sheets, letters of intent, transfer agreements and side letters.
• Assist senior attorneys in fund formation and structuring for private equity commingled funds and funds‑of‑one and negotiating investment advisory agreements and placement agreements.
• Assist with the structuring, entity formation and ongoing legal operational needs of SIRA accounts and funds.
• Collaborate with and manage outside counsel in connection with select investment activity and client account formation, including reviewing invoices and providing feedback.
• Supervise and work with paralegals, including in reviewing and processing MFN elections in respect of fund investments, negotiating confidentiality agreements, closing‑related matters, subscription documents, transfer of fund interests, and other matters, as needed.
• Special projects (e.g. knowledge management, strategic transactions, new product research and evaluation, special mandate activity, process efficiencies, legal technology implementation, training, regulatory filings).

Qualifications

• Must possess a law degree (LLB or JD), good academic track record and membership in good standing with an applicable law society.
• Approximately 4‑6 years private markets transactional experience, ideally with a focus on co‑investment and secondary fund investments at a law firm and/or investment management firm.

Required Knowledge, Skills, and Abilities

• Professionally communicate with all levels of staff and stakeholders, internal and external.
• Utilize effective time management skills to maintain a commitment to quality and attention to detail; ensure that all work is completed accurately and on time.
• Foster a sense of teamwork, assisting others when needed/required; work collaboratively with attorneys supporting other asset classes to share best practices, provide coverage, etc.
• Self‑starter with strong organizational and project management skills.
• Flourish in a challenging, fast‑paced and professional environment with frequent shifts in priorities as business needs dictate.
• Have a strong sense of integrity, behaving consistently with expressed values and ethical principles of StepStone.
• Focus on specific goals and demonstrate a sense of personal growth, accountability and urgency for achieving results.

Equal Opportunity Employer

At StepStone, we believe that our people are our most important asset and crucial to our success. We are an Equal Opportunity Employer that strives to create an environment that empowers our employees and allows them to be heard, regardless of title or tenure. Our organizational community features multiple Employment Resource Groups as well as mentorship programs to enhance the employee experience for all.

Equal Opportunity Employer Statement: StepStone does not discriminate on the basis of race, creed, color, religion, sex, national origin, citizenship status, age, disability, marital status, sexual orientation, gender identity, gender expression, genetic information or any other characteristic protected by law. Candidates must be at least 18 years old.