LC Summer Intern a16z Perennial
LC Summer Intern a16z Perennial
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Founded in Silicon Valley in 2009 by Marc Andreessen and Ben Horowitz Andreessen Horowitz (aka a16z) is a venture capital firm that backs bold entrepreneurs building the future through technology. We are stage agnostic. We invest in seed to venture to growthstage technology companies across AI bio healthcare consumer crypto enterprise fintech games and companies building toward American dynamism. a16z has $45B in assets under management across multiple funds.
The Role
a16z Perennial is building an investment advisory business for strategic members of the a16z community who want to compound taxoptimized longterm returns. To achieve that goal we are optimizing our legal and tax structures being strategic about where we pay fees for exceptional managers and where we invest directly and hiring top talent who are excited to go 0 to 1 with us. We are looking for a summer intern to support a16z Perennial Legal and Compliance. You will help with private fund investments deal review closings and tracking researching and tracking the global regulatory framework within which our business operates and helping a16z Perennial stay organized in connection with its contractual and fiduciary obligations.
To join our team you should be excited to:
- Help Legal and Compliance manage legal review of incoming deals fund investments or direct portfolio company investments by reviewing agreements issue spotting and internal tracking of key terms
- Includes reviewing limited partnership agreements and private placement memoranda for fund investments reviewing shareholders agreements and other financing documents for direct investments
- Assisting with subscription document completion and review for fund investments.
- Create a comprehensive deal tracking/monitoring system across the business
- Compile a summary of global securities laws applicable in jurisdictions where a16z Perennial seeks to do business
- Organize and create a tracker of deliverables to banks/ISDA counterparties in connection with hedge fund ISDA agreements
- Build out a tracker of fund LP subscription responses for internal compliance
- Manage compliance calendar and tracking filing obligations across the business
The ideal candidate
- Excited to learn more about private fund investing and the legal/regulatory frameworks within which private funds operate
- Organized detail oriented and a fast learner
- Strong analytical thinking and communication skills
- Comfortable with dynamic deadlines and fast turnaround
- Team player able to work crossfunctionally within the team
- Completed at least one year of law school
- Have a general understanding of corporate structures and the U.S. securities laws.
Success in this role looks like
- Understanding the fund investment process from NDA to investment closing
- Streamlining the deal closing process for legal and operations teams
- Becoming an integral part of the legal compliance and operations teams and processes
- Gaining an understanding of the nuances of the investment advisory business and the close relationship between legal compliance fundraising and investing functions.
- Implementing systems to assist compliance on an ongoing basis
The anticipated hourly rate for this role is $70.00 per hour actual starting pay may vary based on a range of factors which can include experience skills and scope.
a16z culture
- We do only first class business and only in a first class way
- We take a long view of relationships because we are in the relationship business
- We believe in the future and bet the firm that way
- We are all different we recognize that and we win
- We celebrate the good times
- We do it for the team
- We play to win
At a16z we are always looking to hire the absolute best talent and recognize that diversity in our experiences and backgrounds is what makes us stronger. We hire candidates of any race color ancestry religion sex national origin sexual orientation gender identity age marital or family status disability Veteran status and any other status. These differences are what enables us to work towards the future we envision for ourselves our portfolio companies and the World.
Our organization participates in EVerify. Click here to learn about EVerify.
Andreessen Horowitz hereby reserves the right to make use of any unsolicited resumes received from outside recruiting agencies and / or individual recruiters without being responsible for payment of any fees asserted from the use of unsolicited resumes.
Required Experience:
Intern
Employment Type
Intern
