At a Glance
- Tasks: Manage complex limited partner transfers and oversee legal documentation for fund transactions.
- Company: Join Carta, a leading platform for founders and fund managers in Toronto.
- Benefits: Competitive salary and opportunities for professional growth.
- Other info: Collaborate with a dynamic team and mentor junior lawyers.
- Why this job: Make an impact in private markets while working with innovative legal tech.
- Qualifications: 5+ years in funds law and qualification in England and Wales or similar.
The predicted salary is between 103500 - 126500 $ per year.
Carta is hiring a Senior Funds Lawyer for its Funds team in Toronto. The role focuses on limited partner transfers, private markets work, and the legal delivery required for complex fund transactions. The position calls for at least five years of relevant experience and qualification to practise in England and Wales or a comparable jurisdiction.
The role works with Toronto lawyers on matters that require careful document control and direct client communication.
Limited Partner Transfer Work
The Funds team manages end-to-end transfers of limited partner interests across multiple client accounts each quarter. The Senior Funds Lawyer oversees documentation, KYC and AML work, signing steps, and post-closing actions. Each matter can involve clients, counterparties, paralegals, and other lawyers.
- Supervise and mentor paralegals.
- Manage complex LP transfer processes.
- Coordinate documentation, KYC and AML, signing, and post-closing actions.
- Act as the primary client and counterparty contact.
- Escalate material issues.
- Support client relationships and new client pitches.
The role owns the transfer process rather than handling one isolated document. The lawyer maintains client playbooks and negotiation parameters, identifies material issues for escalation, and keeps each transaction moving through its required legal and operational stages.
Private Markets Legal Experience
The role requires a strong background in LP transfers, closed-ended funds, or private markets work. Independent management of complex transfer processes is part of the expected experience. A client-focused and commercially minded approach is also required. The successful lawyer supervises junior lawyers and paralegals while maintaining close attention to execution. The work calls for clear negotiation judgment, organized matter management, and the ability to handle multiple client accounts at the same time.
Technology In Legal Delivery
Carta's Funds team works with technology colleagues to improve AI-backed legal delivery tools and workflows. The Senior Funds Lawyer contributes legal judgment to that work while remaining responsible for the accuracy and practical use of transfer processes. The role requires comfort with AI-backed legal tools and collaboration across legal and technology teams.
Carta's Private Capital Platform
Carta describes its business as a platform for founders, fund managers, and legal teams. The company states that its network includes 55,000 companies, more than 1.8 million equity holders in 160 or more countries, and 10,000 funds and special purpose vehicles representing more than $250 billion in assets under management. The Funds team works with sophisticated asset managers and investment funds. The Toronto role therefore combines private markets legal work with a service model that handles recurring transfer activity across a large client base.
Questions About The Toronto Role
- What does the Senior Funds Lawyer handle? The role manages limited partner transfers, including documentation, KYC and AML review, signing, post-closing actions, negotiations, client communication, and issue escalation.
- How much experience is recommended? The employer recommends at least five years of relevant experience in funds law, LP transfers, closed-ended funds, or private markets.
- What qualification is required? The role requires qualification to practise in England and Wales or a comparable jurisdiction.
- Are salary and benefits published? Salary and benefits were not provided by the employer.
The role also includes supervision and development of junior lawyers and paralegals. Those responsibilities add a people-management component to the transaction work.
Senior Funds Lawyer β Toronto employer: Lawyers LYNC
Carta is an exceptional employer that fosters a collaborative and innovative work culture in the heart of Toronto. With a strong focus on employee growth, the company offers opportunities for mentorship and development, particularly for those in legal roles like the Senior Funds Lawyer. Employees benefit from working with cutting-edge technology in legal delivery, alongside a diverse team that manages complex fund transactions, making it a rewarding environment for professionals seeking meaningful impact in private markets.